Key Points
- Insider sale: Capital Power insider Jason Daniel Comandante sold 1,276 shares on June 1 at C$70.89 each, totaling about C$90,456. He now holds 8,711 shares, a 12.78% reduction in his position.
- Stock and financial snapshot: CPX opened at C$72.07, near its 12-month high of C$73.80, with a market cap of C$11.28 billion. The company recently reported C$0.04 EPS on revenue of C$1.18 billion for the quarter.
- Analyst sentiment: Analysts remain generally positive, with a consensus rating of Moderate Buy and an average price target of C$76.70. Recent target increases from Desjardins and National Bank Financial lifted their targets to C$82.00.
Capital Power Co. (TSE:CPX - Get Free Report) insider Jason Daniel Comandante sold 1,276 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of C$70.89, for a total value of C$90,455.64. Following the transaction, the insider owned 8,711 shares of the company's stock, valued at approximately C$617,522.79. The trade was a 12.78% decrease in their position.
Capital Power Price Performance
Shares of CPX stock opened at C$72.07 on Tuesday. Capital Power Co. has a twelve month low of C$54.03 and a twelve month high of C$73.80. The stock has a market capitalization of C$11.28 billion, a price-to-earnings ratio of -655.18, a P/E/G ratio of 0.91 and a beta of 0.54. The stock has a fifty day simple moving average of C$66.14 and a two-hundred day simple moving average of C$62.74. The company has a current ratio of 0.69, a quick ratio of 0.55 and a debt-to-equity ratio of 146.00.
Capital Power (TSE:CPX - Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported C$0.04 earnings per share for the quarter. Capital Power had a return on equity of 0.49% and a net margin of 0.66%.The business had revenue of C$1.18 billion during the quarter. On average, analysts predict that Capital Power Co. will post 2.8197088 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts have weighed in on the company. Desjardins set a C$82.00 target price on Capital Power and gave the stock a "top pick" rating in a report on Tuesday, May 26th. National Bank Financial upped their target price on Capital Power from C$75.00 to C$82.00 and gave the stock an "outperform" rating in a report on Monday. Finally, Wells Fargo & Company set a C$70.00 target price on Capital Power and gave the stock an "equal weight" rating in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Capital Power has a consensus rating of "Moderate Buy" and an average price target of C$76.70.
Get Our Latest Analysis on CPX
Capital Power Company Profile
(
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Capital Power (TSX: CPX) is a growth-oriented power producer with approximately 12 GW of power generation at 32 facilities, plus battery energy storage across North America. We prioritize safely delivering reliable and affordable power communities can depend on, building lower-carbon power systems, and creating balanced solutions for our energy future.
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