Calpine (CPN) Given Daily Media Impact Rating of 0.15

News stories about Calpine (NYSE:CPN) have trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news 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 0.15 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 45.0551478169578 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Several equities analysts have weighed in on CPN shares. Zacks Investment Research raised Calpine from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research report on Tuesday, December 19th. SunTrust Banks reissued a “hold” rating and set a $15.00 price objective on shares of Calpine in a research report on Friday, November 17th. Finally, Royal Bank of Canada reissued a “hold” rating and set a $15.25 price objective on shares of Calpine in a research report on Monday, October 30th. Ten investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Calpine presently has an average rating of “Hold” and an average price target of $14.75.

Calpine (NYSE CPN) traded up $0.02 during mid-day trading on Friday, reaching $15.08. The company had a trading volume of 5,773,361 shares, compared to its average volume of 4,484,261. The company has a debt-to-equity ratio of 3.39, a quick ratio of 1.10 and a current ratio of 1.33. Calpine has a 12-month low of $9.30 and a 12-month high of $15.16. The stock has a market capitalization of $5,437.37, a PE ratio of -215.40, a price-to-earnings-growth ratio of 2.70 and a beta of 0.96.

Calpine (NYSE:CPN) last issued its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.63 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.01. Calpine had a negative return on equity of 7.68% and a negative net margin of 0.27%. The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $1.55 billion. research analysts predict that Calpine will post 0.43 EPS for the current fiscal year.

In related news, EVP W. Thaddeus Miller sold 177,627 shares of the company’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $15.12, for a total transaction of $2,685,720.24. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Thad Hill sold 38,304 shares of the company’s stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $15.08, for a total value of $577,624.32. Following the transaction, the chief executive officer now directly owns 559,237 shares in the company, valued at approximately $8,433,293.96. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.

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Calpine 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.

Insider Buying and Selling by Quarter for Calpine (NYSE:CPN)

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