Media headlines about Calpine (NYSE:CPN) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Calpine earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the utilities provider an impact score of 46.8490839616017 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
CPN has been the topic of several research reports. Zacks Investment Research downgraded shares of Calpine from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. SunTrust Banks reiterated a “hold” rating and issued a $15.00 price objective on shares of Calpine in a report on Friday, November 17th. Finally, ValuEngine upgraded shares of Calpine from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Calpine presently has a consensus rating of “Hold” and a consensus target price of $14.75.
Calpine (NYSE:CPN) traded up $0.01 during mid-day trading on Friday, hitting $15.25. 4,962,200 shares of the company traded hands, compared to its average volume of 5,558,254. The company has a debt-to-equity ratio of 3.65, a current ratio of 1.23 and a quick ratio of 0.96. Calpine has a fifty-two week low of $9.30 and a fifty-two week high of $15.25. The firm has a market capitalization of $5,500.00 and a P/E ratio of -15.89.
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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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