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.

CPN was given price targets by several analysts. The maximum price target given was 20, which equates to a potential upside of 42.25 percent. The lowest price target was 11, implying potential capital losses of -21.76 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.38 percent on average, compared to last month. That number becomes 125 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -6.11 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.25 percent.

People are often interested in whether analysts were united in the direction of their revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. 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. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CPN has a PEG ratio of -0.58.

In the trailing 52-weeks, CPN hit 14.47 at the highest peak, while it's lowest trading point was 9.30. Today's price is 51.18 percent above the 52-week 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's next earnings release will be on 0000-00-00, which is days away.