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 a possible profit of 42.25 percent. The most pessimistic price target was 11, implying potential capital losses of -21.76 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by 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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -6.11 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 6.25 percent.

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, 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. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CPN is -0.58.

CPN has traded between a high of 14.47 and a low of 9.30 over the past year. 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 stock has a market capitalization of $5.13 billion. CPN's next earnings release will be on 0000-00-00, which is days away.