$0.29 EPS Expected for General Electric Company (GE); 5 Analysts Covering Calpine (CPN)

December 31, 2017 - By Nellie Frank

Analysts expect General Electric Company (NYSE:GE) to report $0.29 EPS on January, 19.They anticipate $0.17 EPS change or 36.96% from last quarter’s $0.46 EPS. GE’s profit would be $2.51B giving it 15.04 P/E if the $0.29 EPS is correct. After having $0.29 EPS previously, General Electric Company’s analysts see 0.00% EPS growth. The stock increased 0.52% or $0.09 during the last trading session, reaching $17.45. About 76.15M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since December 31, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Among 15 analysts covering Calpine Corporation (NYSE:CPN), 5 have Buy rating, 0 Sell and 10 Hold. Therefore 33% are positive. Calpine Corporation had 42 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $1500 target in Sunday, July 23 report. The stock of Calpine Corporation (NYSE:CPN) earned “Buy” rating by BMO Capital Markets on Friday, July 28. The firm has “Buy” rating given on Friday, September 18 by Citigroup. Guggenheim downgraded Calpine Corporation (NYSE:CPN) on Monday, August 21 to “Neutral” rating. RBC Capital Markets maintained Calpine Corporation (NYSE:CPN) rating on Sunday, October 29. RBC Capital Markets has “Hold” rating and $15.25 target. The firm earned “Hold” rating on Sunday, September 24 by RBC Capital Markets. The rating was maintained by UBS on Thursday, October 6 with “Buy”. The stock has “Neutral” rating by UBS on Wednesday, November 2. The firm has “Neutral” rating given on Wednesday, August 24 by Suntrust Robinson. On Tuesday, July 26 the stock rating was upgraded by Deutsche Bank to “Buy”. See Calpine Corporation (NYSE:CPN) latest ratings:

29/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $15.25 Maintain
24/09/2017 Broker: RBC Capital Markets Rating: Hold New Target: $15.25 Maintain
08/09/2017 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
21/08/2017 Broker: Guggenheim Old Rating: Buy New Rating: Neutral Downgrade
21/08/2017 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Sector Perform Downgrade
31/07/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $14 New Target: $16 Maintain
28/07/2017 Broker: BMO Capital Markets Rating: Buy New Target: $14.0000 Maintain
23/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $15.0000 Maintain
11/07/2017 Broker: Morgan Stanley Rating: Hold New Target: $11.0000
10/07/2017 Broker: Goldman Sachs Old Rating: Buy New Rating: Neutral Downgrade

Investors sentiment increased to 0.95 in 2017 Q3. Its up 0.31, from 0.64 in 2017Q2. It increased, as 51 investors sold Calpine Corporation shares while 76 reduced holdings. 70 funds opened positions while 51 raised stakes. 272.79 million shares or 16.22% less from 325.61 million shares in 2017Q2 were reported. Westchester Cap Mgmt Ltd stated it has 3.28 million shares. D E Shaw, New York-based fund reported 43,547 shares. Angelo Gordon And Com Lp holds 1.34% of its portfolio in Calpine Corporation (NYSE:CPN) for 1.95 million shares. Omers Administration reported 54,700 shares. Shell Asset accumulated 60,459 shares. Invesco owns 343,625 shares for 0% of their portfolio. Dimensional Fund Advsr Limited Partnership holds 0.06% in Calpine Corporation (NYSE:CPN) or 9.99 million shares. Vega Energy Group Ltd Liability Corp invested in 47.3% or 2.42 million shares. Qs Invsts Lc holds 0.02% or 173,740 shares in its portfolio. Moreover, Gamco Investors Inc Et Al has 0.02% invested in Calpine Corporation (NYSE:CPN). Principal Financial Grp Inc Incorporated stated it has 0% in Calpine Corporation (NYSE:CPN). Clearbridge Invs Limited Liability Com owns 0% invested in Calpine Corporation (NYSE:CPN) for 24,851 shares. Us Financial Bank De owns 14,844 shares for 0% of their portfolio. Brevan Howard Cap Mngmt Lp reported 3.18% stake. Mitsubishi Ufj Tru Bk stated it has 12,116 shares or 0% of all its holdings.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. The company has market cap of $5.46 billion. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. It currently has negative earnings. The firm sells power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities and other governmental entities, and power marketers, as well as retail commercial, industrial, and residential customers.

It closed at $15.13 lastly. It is down 5.37% since December 31, 2016 and is downtrending. It has underperformed by 22.07% the S&P500.

Since August 23, 2017, it had 0 insider buys, and 3 insider sales for $17.24 million activity. The insider MILLER W. THADDEUS sold $2.69 million. $577,624 worth of Calpine Corporation (NYSE:CPN) was sold by Hill Thad. Shares for $13.98 million were sold by Fusco Jack A on Wednesday, August 23.

Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It turned negative, as 112 investors sold General Electric Company shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Parthenon Ltd invested 2.66% in General Electric Company (NYSE:GE). Kemnay Advisory Ser stated it has 0.02% in General Electric Company (NYSE:GE). Moreover, Winslow Asset Mngmt Incorporated has 1.36% invested in General Electric Company (NYSE:GE). Transamerica Fincl Advsrs stated it has 0.01% of its portfolio in General Electric Company (NYSE:GE). Narwhal Capital Management holds 1.38% or 230,510 shares. Rampart Inv Mgmt stated it has 0.88% in General Electric Company (NYSE:GE). Pacad Investment has invested 0.88% in General Electric Company (NYSE:GE). Asset Advisors accumulated 0.55% or 127,401 shares. Thompson Rubinstein Or reported 77,302 shares or 0.65% of all its holdings. Argyle Mgmt Inc accumulated 162,277 shares or 1.54% of the stock. 282,438 are held by Linscomb & Williams Incorporated. West Coast Limited Company reported 18,255 shares or 0.12% of all its holdings. West Family Incorporated owns 79,952 shares. Highbridge Cap Mngmt Ltd Company reported 150,000 shares stake. 77,831 were accumulated by Stadion Money Management Lc.

Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 11 Hold. Therefore 38% are positive. General Electric Company had 80 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 7 report. Standpoint Research initiated General Electric Company (NYSE:GE) on Friday, July 22 with “Sell” rating. The firm has “Sell” rating by Deutsche Bank given on Tuesday, November 21. The firm earned “Buy” rating on Wednesday, October 14 by S&P Research. Morgan Stanley maintained the shares of GE in report on Thursday, October 6 with “Equal-Weight” rating. CFRA downgraded the stock to “Hold” rating in Friday, July 21 report. Stifel Nicolaus maintained the shares of GE in report on Wednesday, October 14 with “Buy” rating. The company was downgraded on Monday, September 21 by Oppenheimer. The stock of General Electric Company (NYSE:GE) has “Sell” rating given on Friday, May 12 by Deutsche Bank. The company was maintained on Tuesday, July 25 by Morgan Stanley.

General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $151.33 billion. The Company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. It has a 21.54 P/E ratio. The companyÂ’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry.