News articles about Calpine Corporation (NYSE:CPN) have trended positive on Saturday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Calpine Corporation earned a daily sentiment score of 0.42 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 44.6041637252068 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern Sentiment’s scoring:
- Comparable Company Analysis: Calpine Corporation (CPN), Fidelity National Information Services, Inc. (FIS) – AllStockNews (allstocknews.com)
- Guess The Target: AES, Calpine, Dynegy, NRG? – Seeking Alpha (seekingalpha.com)
- Calpine Corporation (CPN) Ownership Decreased by Alliancebernstein LP – Modern Readers (modernreaders.com)
- Calpine Corporation (CPN) Shares Bought by Personal Capital Advisors Corp (overnewsmagazine.com)
- Calpine Corporation (CPN) Raised to Hold at BidaskClub (elcumanes.com)
A number of equities research analysts have recently issued reports on CPN shares. Morgan Stanley set a $11.00 price target on Calpine Corporation and gave the company a “hold” rating in a research report on Tuesday, July 11th. BidaskClub upgraded Calpine Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada restated a “buy” rating and issued a $15.00 price target on shares of Calpine Corporation in a research report on Monday, July 24th. BMO Capital Markets upped their price target on Calpine Corporation from $14.00 to $16.00 and gave the company an “outperform” rating in a research report on Monday, July 31st. Finally, Deutsche Bank AG set a $14.00 price target on Calpine Corporation and gave the company a “buy” rating in a research report on Thursday, May 11th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $14.80.
Calpine Corporation (CPN) opened at 13.81 on Friday. The stock has a market capitalization of $4.98 billion, a price-to-earnings ratio of 103.83 and a beta of 1.02. The company has a 50-day moving average price of $13.86 and a 200 day moving average price of $12.18. Calpine Corporation has a 12 month low of $9.30 and a 12 month high of $14.76.
Calpine Corporation (NYSE:CPN) last announced its quarterly earnings data on Friday, July 28th. The utilities provider reported ($0.61) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.63. Calpine Corporation had a net margin of 0.57% and a negative return on equity of 8.92%. The company had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the firm earned $0.06 earnings per share. The firm’s quarterly revenue was up 79.0% on a year-over-year basis. Equities analysts predict that Calpine Corporation will post $0.53 earnings per share for the current year.
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Calpine Corporation Company Profile
Calpine Corporation is a power generation company. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. The Company’s segments include West (including geothermal), Texas and East (including Canada). In the Northeast and Mid-Atlantic regions, the Company has generating units capable of burning either natural gas or fuel oil.
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