Capstone Turbine Corporation (NASDAQ:CPST) has been assigned a $2.00 price target by analysts at Roth Capital in a research report issued on Friday. The firm presently has a “buy” rating on the industrial products company’s stock. Roth Capital’s price target points to a potential upside of 94.17% from the company’s current price.

Several other equities analysts also recently commented on the company. Zacks Investment Research raised Capstone Turbine Corporation from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research report on Tuesday, July 4th. CIBC raised Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a research report on Wednesday, October 4th. HC Wainwright set a $2.00 price objective on Capstone Turbine Corporation and gave the company a “buy” rating in a research report on Tuesday, July 18th. Finally, Oppenheimer Holdings, Inc. raised Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. Capstone Turbine Corporation currently has an average rating of “Buy” and a consensus target price of $1.58.

Capstone Turbine Corporation (NASDAQ CPST) traded down 6.36% during mid-day trading on Friday, reaching $1.03. 1,268,125 shares of the company traded hands. Capstone Turbine Corporation has a 12-month low of $0.58 and a 12-month high of $1.35. The company’s 50 day moving average price is $0.81 and its 200 day moving average price is $0.71. The firm’s market capitalization is $43.89 million.

Capstone Turbine Corporation (NASDAQ:CPST) last announced its quarterly earnings data on Wednesday, August 9th. The industrial products company reported ($0.10) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. The company had revenue of $19.20 million for the quarter, compared to the consensus estimate of $19.20 million. Capstone Turbine Corporation had a negative return on equity of 116.84% and a negative net margin of 30.38%. Capstone Turbine Corporation’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.17) EPS. Equities research analysts predict that Capstone Turbine Corporation will post ($0.24) EPS for the current year.

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Institutional investors have recently made changes to their positions in the business. Wedbush Securities Inc. grew its position in Capstone Turbine Corporation by 14.3% in the 2nd quarter. Wedbush Securities Inc. now owns 94,138 shares of the industrial products company’s stock valued at $130,000 after acquiring an additional 11,800 shares during the last quarter. Ancora Advisors LLC grew its position in shares of Capstone Turbine Corporation by 30.0% during the 4th quarter. Ancora Advisors LLC now owns 195,000 shares of the industrial products company’s stock worth $133,000 after buying an additional 45,000 shares in the last quarter. Ardsley Advisory Partners bought a new position in shares of Capstone Turbine Corporation during the 3rd quarter worth $192,000. Springhouse Capital Management LP bought a new position in shares of Capstone Turbine Corporation during the 3rd quarter worth $460,000. Finally, Renaissance Technologies LLC grew its position in shares of Capstone Turbine Corporation by 62.7% during the 4th quarter. Renaissance Technologies LLC now owns 757,109 shares of the industrial products company’s stock worth $515,000 after buying an additional 291,800 shares in the last quarter. 13.45% of the stock is currently owned by institutional investors.

About Capstone Turbine Corporation

Capstone Turbine Corporation (Capstone) develops, manufactures, markets and services microturbine technology solutions for use in stationary distributed power generation applications, including cogeneration (combined heat and power), integrated combined heat and power (ICHP), and combined cooling, heat and power (CCHP), renewable energy, natural resources and critical power supply.

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