Capstone Turbine Corporation (NASDAQ:CPST) has been assigned a consensus recommendation of “Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $2.00.

A number of research analysts have weighed in on the stock. Roth Capital raised shares of Capstone Turbine Corporation from a “neutral” rating to a “buy” rating and lifted their price target for the company from $0.65 to $2.00 in a research note on Monday, September 18th. Zacks Investment Research raised shares of Capstone Turbine Corporation from a “hold” rating to a “buy” rating and set a $0.75 price objective on the stock in a research report on Wednesday, June 28th. HC Wainwright set a $2.00 price objective on shares of Capstone Turbine Corporation and gave the company a “buy” rating in a research report on Tuesday, July 18th. Oppenheimer Holdings, Inc. raised shares of Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a research note on Wednesday. Finally, CIBC raised shares of Capstone Turbine Corporation from a “market perform” rating to an “outperform” rating in a research note on Wednesday.

A hedge fund recently raised its stake in Capstone Turbine Corporation stock. Wedbush Securities Inc. raised its holdings in Capstone Turbine Corporation (NASDAQ:CPST) by 15.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 205,714 shares of the industrial products company’s stock after buying an additional 28,050 shares during the period. Wedbush Securities Inc. owned 0.50% of Capstone Turbine Corporation worth $140,000 at the end of the most recent reporting period. 13.45% of the stock is currently owned by institutional investors.

Shares of Capstone Turbine Corporation (NASDAQ CPST) opened at 0.7008 on Wednesday. The stock’s market capitalization is $29.86 million. Capstone Turbine Corporation has a 52-week low of $0.58 and a 52-week high of $1.48. The stock has a 50 day moving average of $0.63 and a 200-day moving average of $0.68.

Capstone Turbine Corporation (NASDAQ:CPST) last released its quarterly earnings results on Wednesday, August 9th. The industrial products company reported ($0.10) EPS for the quarter, topping the Zacks’ 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 company had revenue of $19.20 million for the quarter, compared to analyst estimates of $19.20 million. During the same quarter last year, the firm posted ($0.17) earnings per share. Capstone Turbine Corporation’s revenue was up .5% compared to the same quarter last year. On average, equities research analysts predict that Capstone Turbine Corporation will post ($0.23) EPS for the current fiscal year.

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About Capstone Turbine Corporation

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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