Capital Power Co. (TSE:CPX) – Research analysts at National Bank Financial reduced their FY2022 earnings per share (EPS) estimates for shares of Capital Power in a report released on Sunday, May 2nd. National Bank Financial analyst P. Kenny now forecasts that the company will post earnings per share of $1.98 for the year, down from their prior estimate of $2.01. National Bank Financial currently has a “Outperform” rating and a $45.00 target price on the stock.
Capital Power (TSE:CPX) last posted its quarterly earnings results on Friday, February 19th. The company reported C$0.12 EPS for the quarter, missing the consensus estimate of C$0.39 by C($0.27). The business had revenue of C$516.00 million for the quarter.
CPX stock opened at C$39.20 on Tuesday. The company has a debt-to-equity ratio of 129.70, a quick ratio of 0.73 and a current ratio of 1.01. Capital Power has a one year low of C$23.72 and a one year high of C$39.86. The stock has a market capitalization of C$4.19 billion and a PE ratio of 50.91. The company has a fifty day moving average of C$37.37 and a 200-day moving average of C$35.15.
In related news, Senior Officer Bryan Deneve sold 4,400 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 90,226 shares in the company, valued at approximately C$3,180,466.50.
Capital Power Company Profile
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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