Capital Power Co. (TSE:CPX) - National Bank Financial lowered their FY2021 EPS estimates for shares of Capital Power in a note issued to investors on Sunday, May 2nd. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $1.91 per share for the year, down from their prior forecast of $2.33. National Bank Financial has a "Outperform" rating and a $45.00 price target on the stock. Capital Power (TSE:CPX) last issued its earnings results on Friday, February 19th. The company reported C$0.12 earnings per share for the quarter, missing the Zacks' consensus estimate of C$0.39 by C($0.27). The business had revenue of C$516.00 million during the quarter.
Other equities research analysts have also issued research reports about the stock. Scotiabank upped their price target on shares of Capital Power from C$40.00 to C$42.00 in a research report on Monday. Royal Bank of Canada upped their price target on shares of Capital Power from C$38.00 to C$41.00 and gave the company a "sector perform" rating in a research report on Monday. ATB Capital upped their price target on shares of Capital Power from C$38.00 to C$40.00 and gave the company a "sector perform" rating in a research report on Monday. Atb Cap Markets lowered shares of Capital Power from an "outperform" rating to a "sector perform" rating in a research report on Monday, April 26th. Finally, Raymond James set a C$44.00 price objective on Capital Power and gave the company an "outperform" rating in a research note on Tuesday. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Capital Power has an average rating of "Buy" and an average price target of C$43.18.
TSE CPX opened at C$39.93 on Wednesday. Capital Power has a 52 week low of C$23.72 and a 52 week high of C$39.99. The firm has a market capitalization of C$4.27 billion and a P/E ratio of 51.86. The company has a quick ratio of 0.73, a current ratio of 1.01 and a debt-to-equity ratio of 129.70. The company has a 50-day moving average price of C$37.43 and a 200-day moving average price of C$35.19.
In related news, Senior Officer Bryan Deneve sold 4,400 shares of the stock in a transaction on Tuesday, February 23rd. The stock was sold at an average price of C$35.25, for a total transaction of C$155,100.00. Following the sale, the insider now owns 90,226 shares in the company, valued at approximately C$3,180,466.50.
About Capital Power
Capital Power Corporation develops, acquires, owns, and operates power generation facilities in Canada and the United States. It generates electricity from various energy sources, including natural and landfill gas, coal, wind, waste heat, solid fuels, and solar. The company owns an approximately 6,500 megawatts of power generation capacity at 28 facilities.
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