Capstone Turbine (NASDAQ:CPST) issued its quarterly earnings results on Tuesday. The industrial products company reported ($0.06) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.02), Fidelity Earnings reports. Capstone Turbine had a negative net margin of 19.97% and a negative return on equity of 66.03%. The business had revenue of $22.02 million during the quarter, compared to analyst estimates of $20.97 million.
Shares of NASDAQ:CPST opened at $0.77 on Thursday. Capstone Turbine has a 12-month low of $0.55 and a 12-month high of $1.82. The company has a market cap of $55.12 million, a price-to-earnings ratio of -3.09 and a beta of 0.73. The company has a current ratio of 1.48, a quick ratio of 0.96 and a debt-to-equity ratio of 0.01.
Separately, Maxim Group reaffirmed a “buy” rating and set a $2.00 price objective on shares of Capstone Turbine in a report on Thursday, May 23rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $2.00.
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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