Eagle Global Advisors LLC held its stake in US Geothermal Inc (AMEX:HTM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,063 shares of the energy company’s stock at the end of the second quarter. Eagle Global Advisors LLC owned approximately 0.12% of US Geothermal worth $106,000 at the end of the most recent quarter.
Separately, Granite Investment Partners LLC acquired a new position in US Geothermal during the first quarter valued at about $1,434,000.
Shares of US Geothermal Inc (AMEX HTM) traded down 0.48% on Friday, reaching $4.16. 7,396 shares of the company traded hands. US Geothermal Inc has a 1-year low of $3.59 and a 1-year high of $4.94. The company has a 50-day moving average of $4.38 and a 200-day moving average of $4.21. The stock has a market capitalization of $80.03 million, a price-to-earnings ratio of 143.45 and a beta of 0.51.
US Geothermal (AMEX:HTM) last posted its quarterly earnings results on Thursday, August 10th. The energy company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. The firm had revenue of $6.31 million for the quarter, compared to analyst estimates of $6.16 million. US Geothermal had a net margin of 13.32% and a return on equity of 0.99%. Analysts anticipate that US Geothermal Inc will post $0.07 earnings per share for the current fiscal year.
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HTM has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of US Geothermal from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 11th. Roth Capital set a $5.00 target price on shares of US Geothermal and gave the company a “buy” rating in a research note on Saturday, May 13th. Cowen and Company set a $6.00 target price on shares of US Geothermal and gave the company a “buy” rating in a research note on Monday, July 17th. ValuEngine lowered shares of US Geothermal from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Northland Securities set a $6.00 target price on shares of US Geothermal and gave the company a “buy” rating in a research note on Monday, August 14th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $5.35.
US Geothermal Company Profile
U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.
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