Shares of U.S. Geothermal (NYSEAMERICAN:HTM) have earned an average recommendation of “Hold” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $6.00.
A number of equities analysts recently weighed in on HTM shares. Roth Capital restated a “buy” rating on shares of U.S. Geothermal in a report on Friday, April 6th. TheStreet upgraded shares of U.S. Geothermal from a “d” rating to a “c” rating in a report on Wednesday, February 14th. Zacks Investment Research lowered shares of U.S. Geothermal from a “hold” rating to a “sell” rating in a report on Friday, March 9th. Finally, Cowen lowered shares of U.S. Geothermal from an “outperform” rating to a “hold” rating in a report on Wednesday, January 24th.
A number of large investors have recently bought and sold shares of the business. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in U.S. Geothermal in the 1st quarter worth approximately $1,567,000. Gabelli Funds LLC bought a new stake in U.S. Geothermal in the 1st quarter worth approximately $1,103,000. Kassirer Asset Management Corp bought a new stake in U.S. Geothermal in the 1st quarter worth approximately $1,828,000. SG Americas Securities LLC bought a new stake in U.S. Geothermal in the 1st quarter worth approximately $303,000. Finally, Municipal Employees Retirement System of Michigan bought a new stake in U.S. Geothermal in the 4th quarter worth approximately $309,000.
U.S. Geothermal (NYSEAMERICAN:HTM) last released its earnings results on Thursday, March 8th. The energy company reported $0.13 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.04. U.S. Geothermal had a negative net margin of 16.65% and a negative return on equity of 6.97%. The firm had revenue of $10.50 million during the quarter.
About U.S. Geothermal
U.S. Geothermal Inc, a renewable energy company, focuses on the development, production, and sale of electricity from geothermal energy resources in the Western United States and the Republic of Guatemala. The company owns and operates geothermal power projects with a total power generation capacity of approximately 39 megawatts located at Neal Hot Springs, Oregon; San Emidio, Nevada; and Raft River, Idaho.
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