CENT PUERTO S A/S (NYSE:CEPU) has been given an average broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy rating.
Brokerages have set a 1-year consensus price target of $16.83 for the company, according to Zacks. Zacks has also assigned CENT PUERTO S A/S an industry rank of 198 out of 256 based on the ratings given to related companies.
A number of research firms have weighed in on CEPU. Zacks Investment Research cut shares of CENT PUERTO S A/S from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 18th. ValuEngine raised shares of CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st.
Shares of NYSE CEPU traded up $0.59 during midday trading on Monday, reaching $8.96. 774,412 shares of the company were exchanged, compared to its average volume of 252,169. The company’s 50-day moving average price is $9.06. The stock has a market capitalization of $1.24 billion, a PE ratio of 2.20 and a beta of 0.64. CENT PUERTO S A/S has a one year low of $7.01 and a one year high of $12.75. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.18.
CENT PUERTO S A/S (NYSE:CEPU) last posted its earnings results on Monday, May 13th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.13). The company had revenue of $160.31 million for the quarter, compared to the consensus estimate of $89.90 million. CENT PUERTO S A/S had a return on equity of 30.42% and a net margin of 47.31%. Analysts forecast that CENT PUERTO S A/S will post 1.3 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently bought and sold shares of CEPU. FMR LLC lifted its holdings in shares of CENT PUERTO S A/S by 55.2% during the first quarter. FMR LLC now owns 2,331,828 shares of the company’s stock worth $21,429,000 after purchasing an additional 829,823 shares during the period. Bienville Capital Management LLC acquired a new position in shares of CENT PUERTO S A/S during the first quarter worth $3,046,000. Millennium Management LLC lifted its holdings in shares of CENT PUERTO S A/S by 66.6% during the fourth quarter. Millennium Management LLC now owns 179,076 shares of the company’s stock worth $1,647,000 after purchasing an additional 71,615 shares during the period. Marshall Wace LLP acquired a new position in shares of CENT PUERTO S A/S during the first quarter worth $926,000. Finally, Marshall Wace North America L.P. lifted its holdings in shares of CENT PUERTO S A/S by 7,720.1% during the first quarter. Marshall Wace North America L.P. now owns 93,841 shares of the company’s stock worth $862,000 after purchasing an additional 92,641 shares during the period. 6.99% of the stock is currently owned by hedge funds and other 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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