Buy, Sell or Hold? before and after EPS results Capital Product Partners (NASDAQ:CPLP)

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Earnings results for Capital Product Partners (NASDAQ:CPLP)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.5 and remained the same over the past month at 0.5. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.52 and remained the same over the past month at 1.52 . none raised and none lowered their forecast.

Capital Product Partners last issued its quarterly earnings results on May 6th, 2020. The shipping company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.45 by $0.10. The business earned $32.49 million during the quarter, compared to analysts’ expectations of $33.34 million. Capital Product Partners has generated $0.83 earnings per share over the last year and currently has a price-to-earnings ratio of 5.6. Capital Product Partners has confirmed that its next quarterly earnings report will be published on Friday, July 31st, 2020. Capital Product Partners will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on Capital Product Partners (NASDAQ:CPLP)

1 Wall Street analysts have issued ratings and price targets for Capital Product Partners in the last 12 months. Their average twelve-month price target is $15.50, suggesting that the stock has a possible upside of 120.17%. The high price target for CPLP is $15.50 and the low price target for CPLP is $15.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Capital Product Partners has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $15.50, Capital Product Partners has a potential upside of 120.2% from its current price of $7.04. Capital Product Partners has received no research coverage in the past 90 days.

Dividend Strength: Capital Product Partners (NASDAQ:CPLP)

Capital Product Partners is a leading dividend payer. It pays a dividend yield of 19.69%, putting its dividend yield in the top 25% of dividend-paying stocks. Capital Product Partners does not have a long track record of dividend growth. The dividend payout ratio of Capital Product Partners is 168.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Capital Product Partners will have a dividend payout ratio of 105.26% in the coming year. This indicates that Capital Product Partners may not be able to sustain their current dividend.

Insiders buying/selling: Capital Product Partners (NASDAQ:CPLP)

In the past three months, Capital Product Partners insiders have not sold or bought any company stock. Only 18.79% of the stock of Capital Product Partners is held by institutions.

Earnings and Valuation of Capital Product Partners (NASDAQ:CPLP

Earnings for Capital Product Partners are expected to decrease by -12.50% in the coming year, from $1.52 to $1.33 per share. The P/E ratio of Capital Product Partners is 5.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.70. The P/E ratio of Capital Product Partners is 5.59, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.15. Capital Product Partners has a P/B Ratio of 0.32. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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