Oppenheimer Believes Capstone Turbine Corp (NASDAQ: CPST) Won’t Stop Here

By Ryan Adsit

Oppenheimer analyst Colin Rusch maintained a Buy rating on Capstone Turbine Corp (NASDAQ: CPST) today. The company’s shares opened today at $1.45, close to its 52-week high of $1.53.

According to TipRanks.com, Rusch is a 5-star analyst with an average return of 11.2% and a 47.7% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Amer Superconductor, Canadian Solar Inc, and Fuelcell Energy.

Capstone Turbine Corp has an analyst consensus of Moderate Buy, with a price target consensus of $2.

Based on Capstone Turbine Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $22.76 million and GAAP net loss of $323K. In comparison, last year the company earned revenue of $22.92 million and had a GAAP net loss of $4.63 million.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CPST in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Capstone Turbine Corp. develops, manufactures, markets and services micro turbine technology solutions for use in stationary distributed power generation applications, including cogeneration combined heat and power, integrated combined heat and power, and combined cooling, heat and power, renewable energy, natural resources and critical power supply. Capstone Turbine was founded in 1988 and is headquartered in Chatsworth, CA.