Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Calpine (NYSE:CPN) Stock Price
Media coverage about Calpine (NYSE:CPN) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Calpine earned a news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 46.1697508872672 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of NYSE:CPN opened at $15.25 on Wednesday. Calpine has a 12 month low of $9.30 and a 12 month high of $15.25. The company has a current ratio of 1.23, a quick ratio of 0.96 and a debt-to-equity ratio of 3.65.
A number of research firms recently issued reports on CPN. SunTrust Banks reiterated a “hold” rating on shares of Calpine in a report on Wednesday, March 7th. ValuEngine raised Calpine from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. Ten research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $14.96.
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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