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 minimum price target given was 11, implying potential capital losses 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. 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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 1 analysts increased their estimates for the FY 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, 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. The current market price is above the trailing year's low by 51.18 percent, and 2.83 percent lower than its 52-week high. CPN has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.