Capstone Turbine (CPST) Shares Down 5.9%

Capstone Turbine Co. (NASDAQ:CPST)’s share price was down 5.9% during trading on Wednesday . The stock traded as low as $0.94 and last traded at $0.96. Approximately 867,586 shares traded hands during trading, an increase of 91% from the average daily volume of 454,481 shares. The stock had previously closed at $1.02.

Several equities analysts have commented on CPST shares. ValuEngine raised shares of Capstone Turbine from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. HC Wainwright set a $2.00 target price on shares of Capstone Turbine and gave the stock a “buy” rating in a research report on Monday, December 31st. Roth Capital cut shares of Capstone Turbine from a “buy” rating to a “neutral” rating and set a $1.00 target price on the stock. in a research report on Friday, February 8th. Finally, Zacks Investment Research raised shares of Capstone Turbine from a “sell” rating to a “hold” rating in a report on Friday, February 8th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $2.05.

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.96 and a current ratio of 1.48. The firm has a market capitalization of $73.02 million, a P/E ratio of -4.80 and a beta of 0.71.



Capstone Turbine (NASDAQ:CPST) last posted its quarterly earnings results on Thursday, February 7th. The industrial products company reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The company had revenue of $18.03 million for the quarter, compared to analysts’ expectations of $21.33 million. Capstone Turbine had a negative net margin of 17.76% and a negative return on equity of 57.76%. On average, equities analysts predict that Capstone Turbine Co. will post -0.23 earnings per share for the current year.

Several large investors have recently bought and sold shares of CPST. Virtu Financial LLC raised its holdings in shares of Capstone Turbine by 177.6% in the 4th quarter. Virtu Financial LLC now owns 67,220 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 43,003 shares during the period. Jane Street Group LLC bought a new stake in shares of Capstone Turbine in the 3rd quarter worth approximately $109,000. Sargent Investment Group LLC bought a new stake in shares of Capstone Turbine in the 4th quarter worth approximately $195,000. Ancora Advisors LLC raised its holdings in shares of Capstone Turbine by 150.0% in the 3rd quarter. Ancora Advisors LLC now owns 200,000 shares of the industrial products company’s stock worth $200,000 after purchasing an additional 120,000 shares during the period. Finally, Wedbush Securities Inc. raised its holdings in shares of Capstone Turbine by 9.6% in the 4th quarter. Wedbush Securities Inc. now owns 459,836 shares of the industrial products company’s stock worth $275,000 after purchasing an additional 40,188 shares during the period. 10.52% of the stock is currently owned by institutional investors.

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About Capstone Turbine (NASDAQ:CPST)

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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