Shares of U.S. Geothermal (NYSEAMERICAN:HTM) have been given a consensus rating of “Hold” by the six research firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $6.00.
Several research firms recently issued reports on HTM. TheStreet raised U.S. Geothermal from a “d” rating to a “c” rating in a research report on Wednesday, February 14th. Zacks Investment Research raised U.S. Geothermal from a “sell” rating to a “hold” rating in a research report on Tuesday, February 27th. Finally, Roth Capital reaffirmed a “buy” rating on shares of U.S. Geothermal in a research report on Friday, April 6th.
Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC acquired a new stake in shares of U.S. Geothermal during the 1st quarter valued at about $303,000. Dimensional Fund Advisors LP grew its position in shares of U.S. Geothermal by 175.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 71,160 shares of the energy company’s stock valued at $284,000 after acquiring an additional 45,289 shares during the period. Municipal Employees Retirement System of Michigan acquired a new stake in shares of U.S. Geothermal during the 4th quarter valued at about $309,000. B. Riley Financial Inc. acquired a new stake in shares of U.S. Geothermal during the 4th quarter valued at about $345,000. Finally, Kennedy Capital Management Inc. grew its position in shares of U.S. Geothermal by 53.9% during the 4th quarter. Kennedy Capital Management Inc. now owns 115,534 shares of the energy company’s stock valued at $399,000 after acquiring an additional 40,475 shares during the period.
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 consensus estimate of $0.09 by $0.04. U.S. Geothermal had a negative return on equity of 6.97% and a negative net margin of 16.65%. The firm had revenue of $10.50 million for the quarter.
U.S. Geothermal Company Profile
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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