Emeren Group (NYSE:SOL - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 22nd. Analysts expect Emeren Group to post earnings of ($0.03) per share and revenue of $13.62 million for the quarter. Emeren Group has set its FY 2025 guidance at EPS.
Emeren Group (NYSE:SOL - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The semiconductor company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.31). The firm had revenue of $34.60 million during the quarter, compared to analyst estimates of $40.13 million. Emeren Group had a negative net margin of 7.14% and a negative return on equity of 2.05%. During the same period in the previous year, the company posted ($0.15) earnings per share. On average, analysts expect Emeren Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Emeren Group Stock Performance
Shares of SOL stock traded up $0.06 during trading hours on Tuesday, hitting $1.59. The stock had a trading volume of 116,400 shares, compared to its average volume of 258,429. The firm has a market capitalization of $81.24 million, a PE ratio of -12.19 and a beta of 2.10. Emeren Group has a twelve month low of $1.04 and a twelve month high of $3.00. The stock's 50 day moving average is $1.45 and its 200 day moving average is $1.73. The company has a debt-to-equity ratio of 0.10, a current ratio of 4.34 and a quick ratio of 4.34.
Analyst Ratings Changes
SOL has been the subject of several research analyst reports. HC Wainwright reissued a "buy" rating and issued a $7.00 price objective on shares of Emeren Group in a report on Friday, March 14th. StockNews.com downgraded shares of Emeren Group from a "hold" rating to a "sell" rating in a research note on Friday, March 14th. Finally, Roth Mkm decreased their target price on shares of Emeren Group from $3.00 to $2.00 and set a "buy" rating for the company in a research note on Monday, March 17th. Four research analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $4.13.
View Our Latest Stock Analysis on SOL
About Emeren Group
(
Get Free Report)
Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights.
See Also
Before you consider Emeren Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Emeren Group wasn't on the list.
While Emeren Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
