Fearnley Fonds Upgrades Capital Clean Energy Carriers (NASDAQ:CCEC) to Strong-Buy

Fearnley Fonds upgraded shares of Capital Clean Energy Carriers (NASDAQ:CCEC) to a strong-buy rating in a report issued on Thursday morning, Zacks.com reports.

Separately, Evercore ISI assumed coverage on shares of Capital Clean Energy Carriers in a report on Thursday, September 5th. They set an outperform rating and a $22.00 price objective for the company.

Capital Clean Energy Carriers Price Performance

Shares of Capital Clean Energy Carriers stock opened at $18.56 on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.99. Capital Clean Energy Carriers has a fifty-two week low of $12.70 and a fifty-two week high of $20.26. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 7.28 and a beta of 0.87.

Capital Clean Energy Carriers (NASDAQ:CCEC) last released its quarterly earnings data on Friday, August 2nd. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.23. The company had revenue of $95.51 million during the quarter, compared to the consensus estimate 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 expect that Capital Clean Energy Carriers will post 1.91 EPS 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.