Capital Product Partners (CPLP) Getting Somewhat Favorable Press Coverage, Accern Reports

News headlines about Capital Product Partners (NASDAQ:CPLP) have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capital Product Partners earned a news impact score of 0.14 on Accern’s scale. Accern also gave headlines about the shipping company an impact score of 45.6410639965793 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s analysis:

NASDAQ:CPLP traded up $0.02 during trading hours on Thursday, reaching $3.19. 225,408 shares of the company were exchanged, compared to its average volume of 424,449. The company has a market capitalization of $413.05, a P/E ratio of 12.76 and a beta of 1.25. Capital Product Partners has a 1-year low of $2.98 and a 1-year high of $4.00. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.86 and a quick ratio of 0.81.



Capital Product Partners (NASDAQ:CPLP) last issued its quarterly earnings results on Wednesday, January 31st. The shipping company reported $0.06 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.06. The business had revenue of $64.11 million for the quarter, compared to the consensus estimate of $59.70 million. Capital Product Partners had a return on equity of 4.30% and a net margin of 14.31%. sell-side analysts anticipate that Capital Product Partners will post 0.31 EPS for the current fiscal year.

A number of brokerages recently issued reports on CPLP. Jefferies Group began coverage on Capital Product Partners in a research report on Monday, December 18th. They set a “buy” rating and a $5.00 price target on the stock. Zacks Investment Research downgraded Capital Product Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. TheStreet downgraded Capital Product Partners from a “b-” rating to a “c” rating in a research report on Friday, February 2nd. ValuEngine downgraded Capital Product Partners from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, BidaskClub raised Capital Product Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $4.50.

WARNING: “Capital Product Partners (CPLP) Getting Somewhat Favorable Press Coverage, Accern Reports” was reported by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this piece on another site, it was stolen and republished in violation of United States and international copyright law. The legal version of this piece can be accessed at https://dakotafinancialnews.com/2018/04/12/capital-product-partners-cplp-getting-somewhat-favorable-press-coverage-accern-reports.html.

About Capital Product Partners

Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. It transports a range of cargoes, including crude oil; refined oil products, such as gasoline, diesel, fuel oil and jet fuel; edible oils; chemicals, such as ethanol; and dry cargo and containerized goods under short-term voyage charters, and medium to long-term time and bareboat charters.

Insider Buying and Selling by Quarter for Capital Product Partners (NASDAQ:CPLP)

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

Leave a Reply