Capstone Turbine Corporation (NASDAQ:CPST) will post its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect Capstone Turbine Corporation to post earnings of ($0.08) per share for the quarter.
Capstone Turbine Corporation (NASDAQ:CPST) last issued its quarterly earnings data on Wednesday, August 9th. The industrial products company reported ($0.10) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.02. Capstone Turbine Corporation had a negative return on equity of 116.84% and a negative net margin of 30.38%. The business had revenue of $19.20 million during the quarter, compared to analyst estimates of $19.20 million. During the same period in the previous year, the firm earned ($0.17) EPS. Capstone Turbine Corporation’s quarterly revenue was up .5% compared to the same quarter last year. On average, analysts expect Capstone Turbine Corporation to post $-0.26 EPS for the current fiscal year and $-0.06 EPS for the next fiscal year.
Capstone Turbine Corporation (NASDAQ CPST) opened at 0.99 on Wednesday. Capstone Turbine Corporation has a 52-week low of $0.58 and a 52-week high of $1.35. The firm’s market cap is $42.19 million. The firm’s 50-day moving average price is $0.86 and its 200-day moving average price is $0.72.
Several research firms have recently commented on CPST. HC Wainwright set a $2.00 price objective on Capstone Turbine Corporation and gave the company a “buy” rating in a report on Friday, October 20th. Roth Capital set a $2.00 price objective on Capstone Turbine Corporation and gave the company a “buy” rating in a report on Friday, October 27th. CIBC upgraded Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a report on Wednesday, October 4th. Oppenheimer Holdings, Inc. upgraded Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a report on Wednesday, October 4th. Finally, Zacks Investment Research upgraded Capstone Turbine Corporation from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a report on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. Capstone Turbine Corporation has an average rating of “Buy” and an average price target of $1.58.
Capstone Turbine Corporation 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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