Shares of Capstone Turbine Co. (NASDAQ:CPST) have received a consensus rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $2.00.
Several brokerages recently weighed in on CPST. HC Wainwright set a $2.00 price objective on Capstone Turbine and gave the stock a “buy” rating in a report on Friday, October 20th. Roth Capital set a $2.00 target price on Capstone Turbine and gave the company a “buy” rating in a report on Friday, October 27th. Finally, Oppenheimer set a $2.00 target price on Capstone Turbine and gave the company a “buy” rating in a report on Monday.
Shares of Capstone Turbine (NASDAQ:CPST) opened at $0.70 on Tuesday. Capstone Turbine has a twelve month low of $0.58 and a twelve month high of $1.35. The firm has a market capitalization of $34.12, a PE ratio of -1.17 and a beta of 0.84.
Capstone Turbine (NASDAQ:CPST) last announced its quarterly earnings data on Monday, February 5th. The industrial products company reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.05. Capstone Turbine had a negative return on equity of 120.37% and a negative net margin of 25.94%. The company had revenue of $22.80 million during the quarter, compared to analyst estimates of $22.70 million. During the same quarter last year, the firm posted ($0.28) EPS. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. analysts anticipate that Capstone Turbine will post -0.25 earnings per share for the current year.
An institutional investor recently bought a new position in Capstone Turbine stock. Perkins Capital Management Inc. bought a new stake in shares of Capstone Turbine Co. (NASDAQ:CPST) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 965,743 shares of the industrial products company’s stock, valued at approximately $744,000. Perkins Capital Management Inc. owned approximately 2.07% of Capstone Turbine as of its most recent SEC filing. 12.09% of the stock is owned by institutional investors.
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Capstone Turbine Company Profile
Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply.
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