FY2025 EPS Forecast for Capital Power Increased by Analyst

Capital Power Co. (TSE:CPX - Free Report) - Investment analysts at National Bank Financial upped their FY2025 earnings per share estimates for shares of Capital Power in a research report issued on Wednesday, April 30th. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $3.66 for the year, up from their previous estimate of $3.48. The consensus estimate for Capital Power's current full-year earnings is $2.82 per share.

Several other research analysts have also recently issued reports on CPX. ATB Capital dropped their price target on Capital Power from C$63.00 to C$62.00 and set a "sector perform" rating on the stock in a report on Thursday, February 27th. CIBC upgraded Capital Power from a "neutral" rating to an "outperform" rating and reduced their price objective for the stock from C$68.00 to C$64.00 in a research report on Tuesday, February 18th. Desjardins upped their price objective on Capital Power from C$67.00 to C$68.00 and gave the company a "buy" rating in a research note on Thursday. BMO Capital Markets upgraded Capital Power from a "market perform" rating to an "outperform" rating in a research report on Wednesday, April 23rd. Finally, Cibc World Mkts raised Capital Power from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$63.50.

Capital Power Stock Performance

Shares of CPX traded down C$0.79 during midday trading on Friday, hitting C$52.59. 492,911 shares of the stock traded hands, compared to its average volume of 975,237. The company has a debt-to-equity ratio of 136.03, a quick ratio of 0.55 and a current ratio of 1.05. Capital Power has a 1-year low of C$36.01 and a 1-year high of C$68.73. The business's 50 day moving average price is C$48.14 and its two-hundred day moving average price is C$54.56. The firm has a market capitalization of C$7.43 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 0.91 and a beta of 0.64.

Capital Power Company Profile

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.