Somewhat Positive Media Coverage Somewhat Unlikely to Affect Capstone Turbine Corporation (CPST) Stock Price
News coverage about Capstone Turbine Corporation (NASDAQ:CPST) has trended somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Capstone Turbine Corporation earned a news impact score of 0.15 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 44.9669364391272 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Active Technology Stocks Momentum- Visa Inc. (NYSE:V), Capstone Turbine Corporation (NASDAQ:CPST), Workday … – Market Breaking Point (press release) (journalfinance.net)
- Capstone Turbine : Capstones Energy Financing Joint Venture Executes First Agreement (4-traders.com)
- Capstone Turbine Corporation (CPST) Rating Reiterated by HC Wainwright (americanbankingnews.com)
- Capstone’s Energy Financing Joint Venture Executes First Agreement – GlobeNewswire (press release) (globenewswire.com)
- Capstone’s Energy Financing Joint Venture Executes First Agreement (finance.yahoo.com)
Several equities analysts have recently issued reports on CPST shares. Zacks Investment Research raised Capstone Turbine Corporation from a “hold” rating to a “buy” rating and set a $0.75 price target for the company in a research report on Wednesday, June 28th. HC Wainwright set a $2.00 price target on Capstone Turbine Corporation and gave the stock a “buy” rating in a research report on Wednesday, June 14th. Roth Capital raised Capstone Turbine Corporation from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $0.65 to $2.00 in a research report on Monday. Finally, ValuEngine lowered Capstone Turbine Corporation from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd.
Capstone Turbine Corporation (NASDAQ:CPST) opened at 0.62 on Wednesday. The stock has a 50 day moving average price of $0.62 and a 200 day moving average price of $0.69. The stock’s market cap is $26.42 million. Capstone Turbine Corporation has a 52-week low of $0.58 and a 52-week high of $1.48.
Capstone Turbine Corporation (NASDAQ:CPST) last issued its quarterly earnings data on Wednesday, August 9th. The industrial products company reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $19.20 million. During the same quarter last year, the company earned ($0.17) earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Analysts expect that Capstone Turbine Corporation will post ($0.23) EPS for the current fiscal year.
Capstone Turbine Corporation 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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