Fearnley Fonds upgraded shares of Capital Clean Energy Carriers (NASDAQ:CCEC – Free Report) to a strong-buy rating in a research report released on Thursday morning, Zacks.com reports.
Separately, Evercore ISI began coverage on shares of Capital Clean Energy Carriers in a research note on Thursday, September 5th. They set an outperform rating and a $22.00 price objective on the stock.
Get Our Latest Research Report on Capital Clean Energy Carriers
Capital Clean Energy Carriers Stock Up 1.1 %
Capital Clean Energy Carriers (NASDAQ:CCEC – Get Free Report) last issued its earnings results on Friday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.23. The company had revenue of $95.51 million for the quarter, compared to analyst estimates of $90.22 million. Capital Clean Energy Carriers had a net margin of 24.89% and a return on equity of 6.83%. As a group, analysts predict that Capital Clean Energy Carriers will post 1.91 earnings per share for the current fiscal year.
Capital Clean Energy Carriers Company Profile
Capital Clean Energy Carriers Corp., a shipping company, provides marine transportation services in Greece. The company’s vessels provide a range of cargoes, including liquefied natural gas, containerized goods, and cargo under short-term voyage charters, and medium to long-term time charters. It owns vessels, including Neo-Panamax container vessels, Panamax container vessels, cape-size bulk carrier, and LNG carriers.
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