Oppenheimer set a $2.00 price objective on Capstone Turbine (NASDAQ:CPST) in a research note published on Monday. The firm currently has a buy rating on the industrial products company’s stock.

CPST has been the topic of a number of other reports. HC Wainwright set a $2.00 price objective on Capstone Turbine and gave the company a buy rating in a research report on Friday, October 20th. Roth Capital set a $2.00 price objective on Capstone Turbine and gave the company a buy rating in a research report on Friday, October 27th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The company has an average rating of Buy and an average price target of $1.69.

Shares of Capstone Turbine (NASDAQ CPST) opened at $0.93 on Monday. The stock has a market capitalization of $43.33, a P/E ratio of -2.90 and a beta of 0.84. Capstone Turbine has a 1 year low of $0.58 and a 1 year high of $1.35.

Capstone Turbine (NASDAQ:CPST) last released its quarterly earnings data on Monday, February 5th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.05. The business had revenue of $22.80 million for the quarter, compared to analysts’ expectations of $22.70 million. Capstone Turbine had a negative return on equity of 70.29% and a negative net margin of 15.01%. Capstone Turbine’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.28) earnings per share. equities analysts forecast that Capstone Turbine will post -0.25 EPS for the current fiscal year.

An institutional investor recently bought a new position in Capstone Turbine stock. Perkins Capital Management Inc. purchased a new stake in Capstone Turbine Co. (NASDAQ:CPST) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 965,743 shares of the industrial products company’s stock, valued at approximately $744,000. Perkins Capital Management Inc. owned 2.07% of Capstone Turbine at the end of the most recent reporting period. 12.09% of the stock is currently owned by hedge funds and other institutional investors.

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Capstone Turbine Company Profile

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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