Capstone Turbine Co. (NASDAQ:CPST) – Analysts at Oppenheimer issued their Q1 2020 earnings per share (EPS) estimates for Capstone Turbine in a research report issued to clients and investors on Tuesday, June 11th. Oppenheimer analyst C. Rusch forecasts that the industrial products company will post earnings of ($0.04) per share for the quarter. Oppenheimer also issued estimates for Capstone Turbine’s Q2 2020 earnings at ($0.03) EPS, Q4 2020 earnings at $0.02 EPS and FY2020 earnings at ($0.06) EPS.
Capstone Turbine (NASDAQ:CPST) last posted its earnings results on Tuesday, June 11th. The industrial products company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The business had revenue of $22.02 million during the quarter, compared to analysts’ expectations of $20.97 million. Capstone Turbine had a negative return on equity of 67.42% and a negative net margin of 19.97%.
Separately, Maxim Group reiterated a “buy” rating and issued a $2.00 target price on shares of Capstone Turbine in a research note on Thursday, May 23rd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Capstone Turbine has an average rating of “Buy” and an average price target of $2.00.
CPST opened at $0.79 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.96 and a current ratio of 2.50. Capstone Turbine has a twelve month low of $0.55 and a twelve month high of $1.82.
Institutional investors and hedge funds have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. bought a new position in shares of Capstone Turbine in the first quarter valued at approximately $51,000. Virtu Financial LLC boosted its position in shares of Capstone Turbine by 77.5% in the first quarter. Virtu Financial LLC now owns 119,327 shares of the industrial products company’s stock valued at $107,000 after acquiring an additional 52,107 shares during the period. Northern Trust Corp boosted its position in shares of Capstone Turbine by 15.7% in the first quarter. Northern Trust Corp now owns 130,709 shares of the industrial products company’s stock valued at $118,000 after acquiring an additional 17,703 shares during the period. GMT Capital Corp bought a new position in shares of Capstone Turbine in the first quarter valued at approximately $247,000. Finally, Sargent Investment Group LLC bought a new position in shares of Capstone Turbine in the fourth quarter valued at approximately $195,000. Hedge funds and other institutional investors own 11.34% of the company’s stock.
About Capstone Turbine
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.
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