Shares of CENT PUERTO S A/S (NYSE:CEPU) have been given an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price objective of $17.67 for the company and are expecting that the company will post $0.56 EPS for the current quarter, according to Zacks. Zacks has also assigned CENT PUERTO S A/S an industry rank of 213 out of 255 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut CENT PUERTO S A/S from a “hold” rating to a “sell” rating in a report on Thursday, February 7th.
CEPU stock traded up $0.18 during midday trading on Friday, reaching $8.32. 93,986 shares of the company’s stock traded hands, compared to its average volume of 217,921. CENT PUERTO S A/S has a 1-year low of $7.80 and a 1-year high of $17.28. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 5.90 and a beta of 0.64. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.20 and a quick ratio of 1.18.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. raised its stake in shares of CENT PUERTO S A/S by 0.9% during the 3rd quarter. BlackRock Inc. now owns 522,961 shares of the company’s stock worth $5,387,000 after buying an additional 4,856 shares during the last quarter. SPX Equities Gestao de Recursos Ltda increased its stake in shares of CENT PUERTO S A/S by 2.1% in the 4th quarter. SPX Equities Gestao de Recursos Ltda now owns 234,900 shares of the company’s stock valued at $2,161,000 after buying an additional 4,900 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in CENT PUERTO S A/S by 3.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 196,333 shares of the company’s stock worth $1,806,000 after acquiring an additional 6,103 shares in the last quarter. Eaton Vance Management lifted its holdings in CENT PUERTO S A/S by 22.0% during the fourth quarter. Eaton Vance Management now owns 52,055 shares of the company’s stock worth $479,000 after acquiring an additional 9,400 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in shares of CENT PUERTO S A/S by 51.0% in the fourth quarter. Susquehanna Fundamental Investments LLC now owns 43,514 shares of the company’s stock valued at $400,000 after purchasing an additional 14,700 shares in the last quarter. 6.47% of the stock is owned by institutional investors.
CENT PUERTO S A/S Company Profile
Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.
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