News coverage about Calpine (NYSE:CPN) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Calpine earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the utilities provider an impact score of 47.2394882924715 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of CPN stock opened at $15.25 on Friday. 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.
A number of equities research analysts recently issued reports on CPN shares. Zacks Investment Research cut shares of Calpine from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. SunTrust Banks reissued a “hold” rating on shares of Calpine in a research note on Wednesday, March 7th. Finally, ValuEngine raised shares of Calpine from a “sell” rating to a “hold” rating in a research note on Wednesday, March 7th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Calpine currently has an average rating of “Hold” and a consensus price target of $14.75.
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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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