Central Puerto (NYSE:CEPU) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Central Puerto (NYSE:CEPU) from a buy rating to a strong-buy rating in a report released on Sunday.

Separately, Weiss Ratings reiterated a “sell (d+)” rating on shares of Central Puerto in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Central Puerto Stock Performance

Shares of CEPU opened at $8.84 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.31 and a quick ratio of 1.20. Central Puerto has a one year low of $7.43 and a one year high of $16.60. The firm has a market capitalization of $1.34 billion, a P/E ratio of 9.02 and a beta of 1.07. The business has a fifty day moving average of $9.41 and a 200 day moving average of $10.99.

Central Puerto (NYSE:CEPU) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.48 EPS for the quarter. Central Puerto had a return on equity of 11.81% and a net margin of 21.30%.The company had revenue of $179.60 million during the quarter. As a group, sell-side analysts anticipate that Central Puerto will post 0.63 EPS for the current year.

Hedge Funds Weigh In On Central Puerto

Large investors have recently made changes to their positions in the business. Advisors Preferred LLC purchased a new position in shares of Central Puerto in the first quarter valued at about $53,000. Virtu Financial LLC purchased a new position in shares of Central Puerto in the first quarter valued at about $170,000. Bank of America Corp DE lifted its position in shares of Central Puerto by 13.6% in the second quarter. Bank of America Corp DE now owns 20,531 shares of the company’s stock valued at $240,000 after acquiring an additional 2,460 shares in the last quarter. Invesco Ltd. lifted its position in shares of Central Puerto by 41.1% in the second quarter. Invesco Ltd. now owns 30,434 shares of the company’s stock valued at $355,000 after acquiring an additional 8,867 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Central Puerto by 4,431.2% in the first quarter. NewEdge Advisors LLC now owns 30,540 shares of the company’s stock valued at $339,000 after acquiring an additional 29,866 shares in the last quarter. 2.97% of the stock is currently owned by hedge funds and other institutional investors.

Central Puerto Company Profile

Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.