Analysts expect that Capstone Turbine Co. (NASDAQ:CPST) will report earnings of ($0.04) per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Capstone Turbine’s earnings, with the highest EPS estimate coming in at ($0.03) and the lowest estimate coming in at ($0.05). Capstone Turbine posted earnings of ($0.02) per share in the same quarter last year, which indicates a negative year over year growth rate of 100%. The firm is expected to announce its next earnings report on Thursday, June 6th.

On average, analysts expect that Capstone Turbine will report full year earnings of ($0.23) per share for the current financial year, with EPS estimates ranging from ($0.25) to ($0.22). For the next year, analysts expect that the company will post earnings of ($0.05) per share, with EPS estimates ranging from ($0.07) to ($0.02). Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Capstone Turbine.

Capstone Turbine (NASDAQ:CPST) last posted its earnings results on Thursday, February 7th. The industrial products company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01. Capstone Turbine had a negative net margin of 17.76% and a negative return on equity of 57.76%. The firm had revenue of $18.03 million during the quarter, compared to analysts’ expectations of $21.33 million.

Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Capstone Turbine from a “sell” rating to a “hold” rating in a report on Friday, February 8th. Roth Capital cut shares of Capstone Turbine from a “buy” rating to a “neutral” rating and set a $1.00 price objective for the company. in a report on Friday, February 8th. ValuEngine upgraded shares of Capstone Turbine from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, HC Wainwright set a $2.00 price objective on shares of Capstone Turbine and gave the company a “buy” rating in a report on Monday, December 31st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Capstone Turbine currently has an average rating of “Buy” and an average price target of $2.05.

Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc lifted its stake in Capstone Turbine by 1.3% during the third quarter. Vanguard Group Inc now owns 2,076,704 shares of the industrial products company’s stock valued at $2,077,000 after purchasing an additional 27,420 shares during the last quarter. Renaissance Technologies LLC lifted its stake in Capstone Turbine by 34.5% during the third quarter. Renaissance Technologies LLC now owns 1,504,829 shares of the industrial products company’s stock valued at $1,505,000 after purchasing an additional 385,720 shares during the last quarter. BlackRock Inc. lifted its stake in Capstone Turbine by 6.5% during the fourth quarter. BlackRock Inc. now owns 520,703 shares of the industrial products company’s stock valued at $312,000 after purchasing an additional 31,682 shares during the last quarter. Wedbush Securities Inc. lifted its stake in Capstone Turbine by 5.6% during the first quarter. Wedbush Securities Inc. now owns 485,365 shares of the industrial products company’s stock valued at $437,000 after purchasing an additional 25,529 shares during the last quarter. Finally, Sargent Investment Group LLC acquired a new stake in Capstone Turbine during the fourth quarter valued at approximately $195,000. Institutional investors and hedge funds own 10.52% of the company’s stock.

Shares of Capstone Turbine stock traded up $0.01 on Thursday, hitting $0.93. The company had a trading volume of 1,087,382 shares, compared to its average volume of 274,644. The company has a current ratio of 1.48, a quick ratio of 0.96 and a debt-to-equity ratio of 0.01. Capstone Turbine has a 52 week low of $0.55 and a 52 week high of $1.90.

Capstone Turbine Company Profile

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.

See Also: What is Green Investing?

Get a free copy of the Zacks research report on Capstone Turbine (CPST)

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

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