Atb Cap Markets Forecasts Lower Earnings for Capital Power

Key Points

• ATB Cap Markets has revised its FY2025 earnings per share (EPS) estimate for Capital Power down to $1.56, lowered from a previous estimate of $1.72, while the current consensus estimate is $2.82 per share.
• Several investment firms have adjusted their price targets for Capital Power, with the price range now varying from C$60.00 to C$85.00, indicating a positive outlook, as reflected in a moderate buy consensus rating.
• The stock is currently trading at around C$71.34 with a market capitalization of C$11.07 billion, reflecting a strong market position despite the lowered earnings estimate.

Capital Power Co. (TSE:CPX - Free Report) - Investment analysts at Atb Cap Markets cut their FY2025 EPS estimates for shares of Capital Power in a research report issued on Sunday, October 19th. Atb Cap Markets analyst N. Heywood now anticipates that the company will earn $1.56 per share for the year, down from their prior estimate of $1.72. The consensus estimate for Capital Power's current full-year earnings is $2.82 per share.

Other equities research analysts have also recently issued reports about the company. ATB Capital upped their price target on Capital Power from C$60.00 to C$68.00 and gave the company a "sector perform" rating in a research report on Friday, September 19th. Royal Bank Of Canada raised shares of Capital Power from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$65.00 to C$67.00 in a research note on Thursday, July 31st. National Bankshares raised their price objective on Capital Power from C$64.00 to C$66.00 and gave the company an "outperform" rating in a report on Friday, September 19th. CIBC boosted their target price on Capital Power from C$72.00 to C$85.00 and gave the company an "outperform" rating in a research note on Monday. Finally, TD Securities raised their price target on shares of Capital Power from C$69.00 to C$72.00 and gave the stock a "buy" rating in a report on Friday, September 19th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of C$71.33.

Capital Power Price Performance

Capital Power stock opened at C$71.34 on Tuesday. The firm has a market capitalization of C$11.07 billion, a P/E ratio of 22.87, a PEG ratio of 0.91 and a beta of 0.49. Capital Power has a one year low of C$41.87 and a one year high of C$73.51. The company has a debt-to-equity ratio of 136.03, a current ratio of 1.05 and a quick ratio of 0.55. The business has a fifty day moving average price of C$63.33 and a 200-day moving average price of C$57.53.

About Capital Power

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S.

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