Shares of US Geothermal Inc (AMEX:HTM) have received a consensus recommendation of “Buy” from the seven ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $5.50.
Several equities research analysts have weighed in on the company. Cowen and Company set a $6.00 price target on US Geothermal and gave the stock a “buy” rating in a report on Monday, July 17th. Zacks Investment Research raised US Geothermal from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. ValuEngine downgraded US Geothermal from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Northland Securities set a $6.00 target price on US Geothermal and gave the stock a “buy” rating in a report on Monday, August 14th. Finally, Roth Capital set a $5.00 target price on US Geothermal and gave the stock a “buy” rating in a report on Saturday, May 13th.
Shares of US Geothermal (HTM) traded down 3.71% during trading on Friday, reaching $3.89. 34,161 shares of the company were exchanged. The firm has a market capitalization of $74.84 million, a P/E ratio of 134.14 and a beta of 0.51. The firm’s 50 day moving average is $4.28 and its 200 day moving average is $4.18. US Geothermal has a 1-year low of $3.59 and a 1-year high of $4.94.
US Geothermal (AMEX:HTM) last issued its quarterly earnings results on Thursday, August 10th. The energy company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.01. The business had revenue of $6.31 million during the quarter, compared to the consensus estimate of $6.16 million. US Geothermal had a return on equity of 0.99% and a net margin of 13.32%. On average, equities analysts anticipate that US Geothermal will post $0.07 EPS for the current fiscal year.
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Several large investors have recently added to or reduced their stakes in HTM. Granite Investment Partners LLC purchased a new stake in US Geothermal during the first quarter worth approximately $1,434,000. Private Management Group Inc. increased its stake in US Geothermal by 2.7% in the first quarter. Private Management Group Inc. now owns 1,635,282 shares of the energy company’s stock worth $6,688,000 after buying an additional 43,435 shares during the period. Bank of New York Mellon Corp increased its stake in US Geothermal by 69.4% in the second quarter. Bank of New York Mellon Corp now owns 35,186 shares of the energy company’s stock worth $161,000 after buying an additional 14,411 shares during the period. Northern Trust Corp increased its position in shares of US Geothermal by 1.2% in the second quarter. Northern Trust Corp now owns 33,281 shares of the energy company’s stock worth $153,000 after buying an additional 392 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of US Geothermal by 72.4% in the second quarter. Dimensional Fund Advisors LP now owns 25,871 shares of the energy company’s stock worth $119,000 after buying an additional 10,864 shares during the last quarter.
About US Geothermal
U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.
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