Capstone Turbine (NASDAQ:CPST) is scheduled to be releasing its earnings data after the market closes on Tuesday, November 6th. Analysts expect Capstone Turbine to post earnings of ($0.04) per share for the quarter.
Capstone Turbine (NASDAQ:CPST) last announced its earnings results on Tuesday, August 7th. The industrial products company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.03). The business had revenue of $21.19 million for the quarter, compared to the consensus estimate of $20.85 million. Capstone Turbine had a negative return on equity of 47.04% and a negative net margin of 12.77%. On average, analysts expect Capstone Turbine to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of CPST stock opened at $0.84 on Friday. Capstone Turbine has a 52 week low of $0.69 and a 52 week high of $1.90.
Several brokerages have recently commented on CPST. Zacks Investment Research cut Capstone Turbine from a “buy” rating to a “hold” rating in a report on Thursday, August 2nd. Maxim Group began coverage on Capstone Turbine in a report on Wednesday, August 1st. They set a “buy” rating and a $2.50 target price on the stock. HC Wainwright set a $2.00 target price on Capstone Turbine and gave the stock a “buy” rating in a report on Monday, July 30th. Finally, ValuEngine upgraded Capstone Turbine from a “sell” rating to a “hold” rating in a report on Friday, August 10th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $2.25.
Capstone Turbine Company Profile
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.
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