Capstone Turbine Corp. Now Covered by Analysts at Cowen and Company (CPST)
Cowen and Company began coverage on shares of Capstone Turbine Corp. (NASDAQ:CPST) in a research note issued on Friday, Analyst Ratings Network.com reports. The firm set an “outperform” rating and a $1.90 price target on the stock. Cowen and Company’s target price points to a potential upside of 59.66% from the stock’s previous close.
Shares of Capstone Turbine Corp. (NASDAQ:CPST) traded up 6.25% during mid-day trading on Friday, hitting $1.19. The stock had a trading volume of 4,591,347 shares. Capstone Turbine Corp. has a 1-year low of $0.73 and a 1-year high of $1.52. The stock has a 50-day moving average of $1.14 and a 200-day moving average of $1.11. The company’s market cap is $362.8 million.
Capstone Turbine Corp. (NASDAQ:CPST) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.01) by $0.01. The company had revenue of $24.40 million for the quarter, compared to the consensus estimate of $34.10 million. Analysts expect that Capstone Turbine Corp. will post $-0.04 EPS for the current fiscal year.
Separately, analysts at Capstone initiated coverage on shares of Capstone Turbine Corp. (NASDAQ:CPST) in a research note to investors on Friday. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $1.97.
Capstone Turbine Corporation develops small turbine generator sets. The Company’s turbines can be fueled by natural gas, diesel, propane or gasoline.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.