Brokerages Expect CENT PUERTO S A/S (CEPU) to Announce $0.39 EPS

Shares of CENT PUERTO S A/S (NYSE:CEPU) have been assigned an average broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a strong buy recommendation.

Brokerages have set a twelve-month consensus target price of $17.83 for the company and are forecasting that the company will post $0.39 earnings per share for the current quarter, according to Zacks. Zacks has also assigned CENT PUERTO S A/S an industry rank of 147 out of 255 based on the ratings given to its competitors.

A number of research analysts have recently weighed in on the company. Zacks Investment Research downgraded CENT PUERTO S A/S from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 29th. ValuEngine raised CENT PUERTO S A/S from a “strong sell” rating to a “sell” rating in a research report on Friday, October 19th.

Shares of NYSE CEPU traded up $0.23 during mid-day trading on Monday, hitting $10.95. The company had a trading volume of 199,100 shares, compared to its average volume of 194,468. The company has a current ratio of 1.17, a quick ratio of 1.15 and a debt-to-equity ratio of 0.29. The company has a market cap of $1.62 billion and a price-to-earnings ratio of 7.77. CENT PUERTO S A/S has a 12 month low of $7.80 and a 12 month high of $18.46.

CENT PUERTO S A/S (NYSE:CEPU) last posted its quarterly earnings data on Monday, November 12th. The company reported $1.21 EPS for the quarter, missing the Zacks’ consensus estimate of $1.59 by ($0.38). The firm had revenue of $112.58 million during the quarter, compared to the consensus estimate of $82.42 million. As a group, equities analysts forecast that CENT PUERTO S A/S will post 2.97 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its holdings in CENT PUERTO S A/S by 0.9% during the 3rd quarter. BlackRock Inc. now owns 522,961 shares of the company’s stock worth $5,387,000 after buying an additional 4,856 shares in the last quarter. SPX Equities Gestao de Recursos Ltda lifted its holdings in CENT PUERTO S A/S by 2.1% during the fourth quarter. SPX Equities Gestao de Recursos Ltda now owns 234,900 shares of the company’s stock worth $2,161,000 after acquiring an additional 4,900 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of CENT PUERTO S A/S by 3.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 196,333 shares of the company’s stock valued at $1,806,000 after purchasing an additional 6,103 shares during the period. Eaton Vance Management raised its stake in shares of CENT PUERTO S A/S by 22.0% in the 4th quarter. Eaton Vance Management now owns 52,055 shares of the company’s stock valued at $479,000 after purchasing an additional 9,400 shares during the period. Finally, Legal & General Group Plc acquired a new stake in shares of CENT PUERTO S A/S in the 3rd quarter valued at about $185,000. Institutional investors and hedge funds own 5.92% of the company’s stock.

About CENT PUERTO S A/S

Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.

Further Reading: Liquidity

Get a free copy of the Zacks research report on CENT PUERTO S A/S (CEPU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for CENT PUERTO S A/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CENT PUERTO S A/S and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit