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.

Several price targets were given for CPN by the analysts covering the stock. The most optimistic analyst gave a price target of 20, which equates to a potential upside of 42.25 percent. The most pessimistic price target was 11, implying a possible loss of -21.76 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.38 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 125 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -6.11 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 6.25 percent in FY estimates.

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, while 2 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, 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, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. CPN has a PEG ratio of -0.58.

CPN has a 52-week high of 14.47 and a 52-week low of 9.30. The current market price is above the trailing year's low by 51.18 percent, and below the high by 2.83 percent. 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.