Central Puerto S.A. (NYSE:CEPU - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $10.70, but opened at $11.99. Central Puerto shares last traded at $11.94, with a volume of 98,724 shares trading hands.
Central Puerto Price Performance
The company has a quick ratio of 1.97, a current ratio of 2.13 and a debt-to-equity ratio of 0.18. The company has a 50 day simple moving average of $11.77 and a 200-day simple moving average of $12.66. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 4.48 and a beta of 1.02.
Central Puerto (NYSE:CEPU - Get Free Report) last posted its quarterly earnings data on Tuesday, March 11th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.26. Central Puerto had a net margin of 56.44% and a return on equity of 22.76%. The business had revenue of $168.00 million during the quarter, compared to the consensus estimate of $187.32 billion. As a group, research analysts anticipate that Central Puerto S.A. will post 0.63 EPS for the current fiscal year.
Institutional Investors Weigh In On Central Puerto
Hedge funds and other institutional investors have recently made changes to their positions in the company. Insigneo Advisory Services LLC bought a new stake in shares of Central Puerto during the first quarter valued at approximately $200,000. GAMMA Investing LLC boosted its position in shares of Central Puerto by 863.3% during the first quarter. GAMMA Investing LLC now owns 95,773 shares of the company's stock worth $1,062,000 after buying an additional 85,831 shares during the period. Tidal Investments LLC acquired a new position in shares of Central Puerto during the 4th quarter worth about $176,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Central Puerto by 84.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,283,463 shares of the company's stock worth $33,087,000 after purchasing an additional 1,047,490 shares during the last quarter. Finally, Bosun Asset Management LLC bought a new stake in Central Puerto in the fourth quarter valued at approximately $666,000. 2.97% of the stock is owned by hedge funds and other institutional investors.
Central Puerto Company Profile
(
Get Free Report)
Central Puerto SA engages in the electric power generation in Argentina. It operates through three segments: Electric Power Generation from Conventional Sources, Electric Power Generation from Renewable Sources, and Natural Gas Transport and Distribution. The company generates energy through thermal, hydroelectric, and wind farms.
Featured Articles
Before you consider Central Puerto, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Central Puerto wasn't on the list.
While Central Puerto currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
