What Do Analysts Say About Calpine Corp. (CPN)

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24 June, 2017

Its down 0.31, from 1.24 in 2016Q3. It worsened, as 53 investors sold Calpine Corporation shares while 94 reduced holdings. 42 funds opened positions while 95 raised stakes. The total number of Outstanding Shares is 360.79 Million.

Pnc Fin has invested 0% of its portfolio in Calpine Corporation (NYSE:CPN). Community Financial Bank Of Raymore owns 67,303 shares. Voya Management Limited Liability Company owns 112,775 shares for 0% of their portfolio. First Mercantile reported 52,114 shares. Wedge Cap Mngmt L LP Nc reported 65,482 shares or 0.01% of all its holdings. The last session's volume of 4.69 million shares was lower than its average volume of 5.93 million shares. 4,200 are held by Macquarie Grp Incorporated Limited. Renaissance Technologies LLC increased its stake in shares of Calpine Corporation by 2,811.0% in the first quarter.

Calpine Corp. (CPN) will report its next earnings on Jul 28 BMO. Putnam Ltd Liability stated it has 0.24% in Calpine Corporation (NYSE:CPN). Wells Fargo Commerce Mn invested in 0% or 648,095 shares. Comerica Fincl Bank holds 22,042 shares or 0% of its portfolio. Gulf Int Natl Bank (Uk) Ltd, United Kingdom-based fund reported 104,086 shares.

Price/Earnings to growth ratio for the company is 15.57 and the stock shows its Price/Sales (ttm) of 0.66 and Price/Book for the most recent quarter of 1.53.

The consensus analysts recommendation at this point stands at 2.10 on Calpine Corporation (NYSE:CPN). The stock appeared $15.12 above its 52-week highs and is up 1.71% for the last five trades. D E Shaw holds 0% of its portfolio in Calpine Corporation (NYSE:CPN) for 14,440 shares. Therefore 57% are positive. Similarly, the company's last 5 years high P/E ratio is 619.76 and low P/E is 9.58, whereas, the industry's and sector's high P/E for the past year is 44.58 and 26.86 respectively and low P/E ratio for the last 5 years is 7.69 for the industry and 9.9 for the Sector. The company has a consensus rating of "Hold" and a consensus price target of $14.63.

Some buy side analysts are also providing their Analysis on Calpine Corp., where 4 analysts have rated the stock as Strong buy, 7 analysts have given a Buy signal, 4 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. The firm earned "Buy" rating on Tuesday, August 25 by Deutsche Bank. The rating was downgraded by UBS on Wednesday, November 2 to "Neutral". Qs Investors Limited Liability Com holds 0% of its portfolio in Calpine Corporation (NYSE:CPN) for 9,761 shares. As per Thursday, October 6, the company rating was maintained by UBS. The company was initiated on Friday, January 29 by Guggenheim. The market capitalization of the company is at $4.86 Billion. Citigroup Inc. set a $15.00 price target on shares of Calpine Corporation and gave the company a "buy" rating in a research note on Thursday, May 11th.

About 172,308 shares traded. It has underperformed by 22.07% the S&P500. The analysts estimated mean EPS at 0.55 while the high and low EPS estimate stand at 0.89 and 0.1 respectively.

Many analysts are providing their Estimated Earnings analysis for Calpine Corp. and these analysts have also projected a Low Estimate of $-0.25/share and a High Estimate of $0.19/share. The company's revenue for the quarter was up 41.2% compared to the same quarter past year.

Calpine Corporation is a power generation company. The analysts estimated sales for the higher end at 1198 million and lower end at 1050 million while the year ago reported sale was 1345.45 million. The Company is engaged in the ownership and operation of primarily natural gas-fired and geothermal power plants in North America. It has a 21.04 P/E ratio. The Company's segments include West (including geothermal), Texas and East (including Canada). Calpine Corporation (NYSE:CPN) has declined 5.37% since June 23, 2016 and is downtrending.


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