Analyst Ratings for Calpine Corp. (CPN)

Updated: 2017-07-28

Calpine Corp. (NYSE:CPN) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Buy was previously issued for CPN last month.

A buy rating was issued by 11 analysts, 0 issued an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for CPN. The most optimistic analyst gave a price target of 20, implying potential capital gains of 42.25 percent. The most pessimistic analyst gave a price target of 11, implying a possible loss of -21.76 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.38 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 125 percent. Meanwhile, fiscal year estimates have been revised downwards by -6.11 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 6.25 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CPN to grow at a rate of -37.12 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. CPN has a PEG ratio of -0.58.

In the last 52-weeks, CPN has achieved a high of 14.47 and a low of 9.30. Currently the stock is 51.18 percent higher than its low, and 2.83 percent lower than its 52-week high. CPN has a P/E ratio of 21.56. Investors typically compare the P/E ratio to a company's peers in the industry. The CPN value stock report compares CPN to some of its peers using value stock charts. The market cap of CPN is $5.13 billion. CPN will post this quarters earnings in days, on 0000-00-00.