Tecogen Inc. (NASDAQ:TGEN) Scheduled to Post Earnings on Monday
Tecogen Inc. (NASDAQ:TGEN) is scheduled to release its earnings data before the market opens on Monday, August 14th. Analysts expect Tecogen to post earnings of ($0.02) per share for the quarter.
Tecogen (NASDAQ:TGEN) last posted its quarterly earnings data on Thursday, May 11th. The construction company reported $0.00 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.02. Tecogen had a negative net margin of 0.60% and a negative return on equity of 1.15%. The firm had revenue of $6.85 million for the quarter, compared to the consensus estimate of $7.13 million. On average, analysts expect Tecogen to post $-0.04 EPS for the current fiscal year and $0.07 EPS for the next fiscal year.
Tecogen Inc. (NASDAQ:TGEN) opened at 3.3751 on Monday. The company’s market capitalization is $67.65 million. Tecogen Inc. has a 1-year low of $3.04 and a 1-year high of $5.11. The firm’s 50-day moving average is $3.33 and its 200-day moving average is $3.67.
TGEN has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Tecogen from a “hold” rating to a “buy” rating and set a $3.75 price target on the stock in a research report on Wednesday, July 19th. Maxim Group initiated coverage on shares of Tecogen in a research report on Wednesday, June 7th. They issued a “buy” rating and a $6.00 price target on the stock. Jefferies Group LLC lifted their price target on shares of Tecogen from $33.00 to $40.00 and gave the company a “hold” rating in a research report on Thursday, June 29th. Finally, TheStreet raised shares of Tecogen from a “d” rating to a “c-” rating in a research report on Friday, April 21st. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $13.94.
Tecogen Inc designs, manufactures, sells and maintains cogeneration products, including combined heat and power (CHP), air conditioning systems and water heaters for residential, commercial, recreational and industrial use. The Company is engaged in the business of manufacturing and supporting CHP products based on engines fueled by natural gas.
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