Capital Product Partners L.P. (CPLP) Getting Somewhat Critical Press Coverage, Study Shows

Headlines about Capital Product Partners L.P. (NASDAQ:CPLP) have trended somewhat negative recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Capital Product Partners L.P. earned a news sentiment score of -0.12 on Accern’s scale. Accern also gave media headlines about the shipping company an impact score of 95 out of 100, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have impacted Accern’s analysis:

Capital Product Partners L.P. (NASDAQ CPLP) traded down 0.0027% during midday trading on Monday, reaching $3.7399. 18,038 shares of the company’s stock were exchanged. Capital Product Partners L.P. has a 12 month low of $2.73 and a 12 month high of $4.05.

Capital Product Partners L.P. (NASDAQ:CPLP) last posted its quarterly earnings results on Friday, April 28th. The shipping company reported $0.08 EPS for the quarter, hitting the consensus estimate of $0.08. The firm had revenue of $60.27 million for the quarter, compared to the consensus estimate of $59.16 million. Capital Product Partners L.P. had a net margin of 20.36% and a return on equity of 5.53%. Equities analysts anticipate that Capital Product Partners L.P. will post $0.30 earnings per share for the current year.

CPLP has been the subject of several analyst reports. UBS AG reiterated a “buy” rating and issued a $4.50 price objective on shares of Capital Product Partners L.P. in a research note on Thursday. TheStreet cut shares of Capital Product Partners L.P. from a “b-” rating to a “c” rating in a research note on Wednesday, May 24th. Jefferies Group LLC reiterated a “buy” rating and issued a $5.00 price objective on shares of Capital Product Partners L.P. in a research note on Friday, March 31st. Finally, Zacks Investment Research upgraded shares of Capital Product Partners L.P. from a “sell” rating to a “hold” rating in a research note on Tuesday, April 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $4.42.

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Capital Product Partners L.P. Company Profile

Capital Product Partners L.P. is an international owner of tanker, container and drybulk vessels. The Company’s fleet consisted of 36 high specification vessels with an average age of approximately 7.4 years, as of December 31, 2016. As of December 31, 2016, its fleet consisted of four Suezmax crude oil tankers, 21 medium range product tankers, 10 post-panamax container carrier vessels and one Capesize bulk carrier.

Insider Buying and Selling by Quarter for Capital Product Partners L.P. (NASDAQ:CPLP)

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