Stock Market Watch

Capital Product Partners reports Q3 earnings

by ·




Capital Product Partners L.P. (NASDAQ:CPLP). Last Market Price: 6.95, Change: -0.13, % Change: (-1.84%). Shares trade in the range of 6.93 – 7.16 dollars. It has a market capitalization of 323.84M dollars, making it a Small Cap Stock and has 46.60M outstanding shares. The company has a beta of 0.87, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 0.57; P/E of 12.19 indicating, that the stock price to be fair valued. It operates in Transportation sector and belongs to Water Transportation industry. Percentage shares held by institutional investors is 12%. The company has a 52 week Price range (low – high) of $ 4.85 – 11.39. Average volumes of shares traded daily are 289,554. Volume traded in the last session was at 139,209, 0.48 times the average volume.

  • Company reports Q3 EPS of $1.50, may not be comparable to estimates;
  • Revenues $30.9 million

For Q2 (Jun ’11), It had a Net profit margin of 54.39%, an Operating margin of 24.20%. Other Key stats and ratios are : Return on average assets of 7.60%, Return on average equity of 21.80%.

Consensus Recommendation is a Hold.


Estimate for sales for the Year Ending Dec-11 show a mean of 131.89 million dollars, an estimate high of 137.36 million dollars and an estimate low of 126.04 million dollars. A year ago the figures stood at 121.28 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 165.76 million dollars, an estimate high of 184.23 million dollars and an estimate low of 136.32 million dollars. A year ago the figures stood at 127.58 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of 0.52 dollars, an estimate high of 0.66 dollars and an estimate low of 0.31 dollars. A year ago the figures stood at 0.50 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of 0.34 dollars, an estimate high of 0.72 dollars and an estimate low of -0.05 dollars. A year ago the figures stood at 0.79 dollars.

Sales for Quarter Ending Jun-11 was estimated at 30.27 million dollars, however the actual sales figure stood at 27.85 million dollars, 2.42 million dollars less than estimates.

Sales for Quarter Ending Mar-11 was estimated at 29.03 million dollars, however the actual sales figure stood at 27.65 million dollars, 1.37 million dollars less than estimates.

edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


Tags:

Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

You may also like...