HC Wainwright Analysts Give Capstone Turbine (CPST) a $2.00 Price Target

Capstone Turbine (NASDAQ:CPST) has been assigned a $2.00 price objective by research analysts at HC Wainwright in a report released on Tuesday. The brokerage currently has a “buy” rating on the industrial products company’s stock. HC Wainwright’s target price would suggest a potential upside of 177.78% from the company’s current price.

Other analysts also recently issued reports about the company. Oppenheimer set a $2.00 price target on Capstone Turbine and gave the stock a “buy” rating in a research report on Monday. Roth Capital set a $2.00 target price on Capstone Turbine and gave the stock a “buy” rating in a research note on Friday, October 27th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $1.69.

Capstone Turbine (NASDAQ CPST) traded up $0.02 during mid-day trading on Tuesday, reaching $0.72. The company’s stock had a trading volume of 480,993 shares, compared to its average volume of 803,708. The company has a market cap of $34.12, a P/E ratio of -1.19 and a beta of 0.84. Capstone Turbine has a 1-year low of $0.58 and a 1-year high of $1.35.

Capstone Turbine (NASDAQ:CPST) last posted its earnings results on Monday, February 5th. The industrial products company reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.05. The firm had revenue of $22.80 million during the quarter, compared to the consensus estimate of $22.70 million. Capstone Turbine had a negative return on equity of 120.37% and a negative net margin of 25.94%. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.28) EPS. sell-side analysts expect that Capstone Turbine will post -0.25 EPS for the current fiscal year.

A hedge fund recently bought a new stake in Capstone Turbine stock. Perkins Capital Management Inc. bought a new position in Capstone Turbine Co. (NASDAQ:CPST) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 965,743 shares of the industrial products company’s stock, valued at approximately $744,000. Perkins Capital Management Inc. owned 2.07% of Capstone Turbine as of its most recent SEC filing. 12.09% of the stock is owned by institutional investors.

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Capstone Turbine Company Profile

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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