Capstone Energy+ (NASDAQ:CEPL) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of Capstone Energy+ (NASDAQ:CEPL) from a hold rating to a sell rating in a report published on Saturday morning,Wall Street Zen reports.

A number of other brokerages have also recently weighed in on CEPL. Craig Hallum set a $13.00 price target on Capstone Energy+ in a research report on Thursday, August 13th. BWS Financial reissued a “buy” rating and set a $20.00 price objective on shares of Capstone Energy+ in a report on Monday, August 17th. Weiss Ratings downgraded shares of Capstone Energy+ from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, September 1st. Finally, Zacks Research raised shares of Capstone Energy+ to a “hold” rating in a report on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $16.50.

Capstone Energy+ Stock Performance

CEPL stock opened at $4.15 on Friday. Capstone Energy+ has a 1-year low of $1.76 and a 1-year high of $14.20. The company has a market cap of $136.70 million, a price-to-earnings ratio of -1.31 and a beta of 1.64. The firm has a 50 day moving average of $6.25.

Capstone Energy+ (NASDAQ:CEPL) last issued its earnings results on Wednesday, August 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). The company had revenue of $24.92 million during the quarter, compared to analyst estimates of $23.10 million. Capstone Energy+ had a negative return on equity of 35.30% and a net margin of 3.45%. On average, research analysts expect that Capstone Energy+ will post 0.19 earnings per share 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.