According to Zacks, “Central Puerto SA is engaged in the power production. The Company focuses on the generation and commercialization of electric power. It facilities range includes thermoelectric power plants, hydroelectric power plants as well as cogeneration units. Central Puerto SA is based in BUENOS AIRES, Argentina. “
Other equities analysts have also issued research reports about the company. ValuEngine raised CENT PUERTO S A/S from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. JPMorgan Chase & Co. lowered CENT PUERTO S A/S from an “overweight” rating to a “neutral” rating in a research report on Thursday, August 15th. Bank of America lowered CENT PUERTO S A/S from a “neutral” rating to an “underperform” rating and lowered their price target for the stock from $20.00 to $7.50 in a research report on Tuesday, August 13th. Finally, Morgan Stanley lowered CENT PUERTO S A/S from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, August 13th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $8.75.
Shares of CENT PUERTO S A/S stock opened at $3.41 on Tuesday. The company has a current ratio of 1.20, a quick ratio of 1.17 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $522.34 million, a P/E ratio of 0.84 and a beta of 1.15. The business has a fifty day simple moving average of $3.02 and a two-hundred day simple moving average of $6.25. CENT PUERTO S A/S has a 12 month low of $2.52 and a 12 month high of $11.37.
CENT PUERTO S A/S (NYSE:CEPU) last announced its quarterly earnings data on Monday, August 12th. The company reported $0.18 EPS for the quarter. The business had revenue of $132.55 million during the quarter, compared to analyst estimates of $137.29 million. CENT PUERTO S A/S had a return on equity of 13.79% and a net margin of 20.64%. Analysts predict that CENT PUERTO S A/S will post 1.6 earnings per share for the current year.
Large investors have recently made changes to their positions in the stock. BlackRock Inc. lifted its holdings in CENT PUERTO S A/S by 562.4% in the 2nd quarter. BlackRock Inc. now owns 2,204,439 shares of the company’s stock worth $20,435,000 after purchasing an additional 1,871,626 shares in the last quarter. FMR LLC increased its position in shares of CENT PUERTO S A/S by 55.2% during the 1st quarter. FMR LLC now owns 2,331,828 shares of the company’s stock valued at $21,429,000 after purchasing an additional 829,823 shares during the last quarter. Provida Pension Fund Administrator bought a new position in shares of CENT PUERTO S A/S during the 2nd quarter valued at approximately $2,750,000. Northern Trust Corp bought a new position in shares of CENT PUERTO S A/S during the 2nd quarter valued at approximately $1,460,000. Finally, Pinebridge Investments L.P. bought a new position in shares of CENT PUERTO S A/S during the 2nd quarter valued at approximately $1,066,000. Institutional investors own 7.95% of the company’s stock.
CENT PUERTO S A/S Company Profile
Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.
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