Capstone Energy+ (NASDAQ:CEPL) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Capstone Energy+ (NASDAQ:CEPL) to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

A number of other research firms have also recently commented on CEPL. Weiss Ratings began coverage on shares of Capstone Energy+ in a report on Friday, July 10th. They set a “hold (c-)” rating on the stock. BWS Financial started coverage on shares of Capstone Energy+ in a report on Monday. They issued a “buy” rating and a $20.00 price objective for the company. Finally, Wall Street Zen raised Capstone Energy+ to a “hold” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $20.00.

Capstone Energy+ Stock Down 0.6%

Shares of NASDAQ:CEPL opened at $11.62 on Tuesday. The firm has a market cap of $378.35 million, a PE ratio of -3.64 and a beta of 1.57. Capstone Energy+ has a 1-year low of $0.90 and a 1-year high of $14.20.

Capstone Energy+ (NASDAQ:CEPL) last announced its quarterly earnings results on Thursday, June 25th. The company reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $22.99 million for the quarter. Capstone Energy+ had a net margin of 2.66% and a negative return on equity of 38.40%. On average, sell-side analysts predict that Capstone Energy+ will post 0.18 EPS for the current fiscal year.

Capstone Energy+ Company Profile

Capstone Green Energy Corporation provides carbon reduction and on-site resilient green energy solutions. Capstone Green Energy Corporation, formerly known as Capstone Turbine Corporation, is based in VAN NUYS, CA.