Sell-side’s Perspective on Capstone Turbine Corporation (NASDAQ:CPST)

Out of 4 sell-side analysts covering Capstone Turbine Corporation (NASDAQ:CPST)contributing to the consensus provided by Zacks Research, the highest target price is currently $2. Of the same analysts polled, the lowest projection has the stock going to $1.15. The consensus target price is currently $1.537.  

Depending on the analyst, the target price estimates may differ greatly. Analysts may view prior resistance and support levels to help determine future stock performance. Zacks research also provides calculated recommendations from sell-side analysts that cover the stock. These recommendations fall within a simplified scale provided by Zacks Research. Using information provided from various analysts, Zacks Research lists shares of Capstone Turbine Corporation with an ABR of 2.2. This number is based on a recommendation scale where the ratings range from a 1 to a 5. Following this scale, a 1 would indicate a Strong Buy while a 5 would indicate a Strong Sell.

We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is widely considered to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $-0.14. For the period ending 2016-09-30, Capstone Turbine Corporation reported actual EPS of $-0.19. This number was $-0.01 away from analyst predictions, providing a surprise factor of -5.56%. The company is expected to next release earnings on or around 2017-02-01.