About SunPower Corporation (NASDAQ:SPWR)
SunPower Corporation is a global energy company. The Company delivers complete solar solutions to residential, commercial, and power plant customers. The Company's segments include Residential Segment, Commercial Segment and Power Plant Segment. The Residential and Commercial Segments combined are referred to as Distributed Generation. The Company offers solar module technology and solar power systems that are designed to generate electricity over a system life over 25 years; Integrated Smart Energy software solutions that enable customers to manage and optimize the cooperation center of excellence (CCOE) measurement; Installation, construction, and ongoing maintenance and monitoring services; and financing solutions that provide customers a range of options for purchasing or leasing solar products at competitive energy rates. The Company offers a set of residential solutions that deliver value to homeowners and its dealer partners.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Photovoltaic Solar Systems & Equipment
- Sub-Industry: Semiconductors
- Symbol: NASDAQ:SPWR
- CUSIP: 86765240
- Web: www.sunpowercorp.com
- Market Cap: $931.8 million
- Outstanding Shares: 139,491,000
- 50 Day Moving Avg: $7.65
- 200 Day Moving Avg: $8.23
- 52 Week Range: $5.84 - $11.70
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -25.69
- P/E Growth: 0.02
- Annual Revenue: $2.49 billion
- Price / Sales: 0.37
- Book Value: $5.35 per share
- Price / Book: 1.25
- EBITDA: ($24,890,000.00)
- Net Margins: -21.84%
- Return on Equity: -12.56%
- Return on Assets: -2.88%
- Debt-to-Equity Ratio: 1.58%
- Current Ratio: 1.45%
- Quick Ratio: 1.06%
- Average Volume: 2.84 million shs.
- Beta: 3.1
- Short Ratio: 4.11
Frequently Asked Questions for SunPower Corporation (NASDAQ:SPWR)
What is SunPower Corporation's stock symbol?
SunPower Corporation trades on the NASDAQ under the ticker symbol "SPWR."
How were SunPower Corporation's earnings last quarter?
SunPower Corporation (NASDAQ:SPWR) announced its quarterly earnings data on Tuesday, August, 1st. The company reported ($0.39) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.63) by $0.24. The business had revenue of $341.50 million for the quarter, compared to analysts' expectations of $312.58 million. SunPower Corporation had a negative net margin of 21.84% and a negative return on equity of 12.56%. The business's revenue was down 15.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.22) earnings per share. View SunPower Corporation's Earnings History.
When will SunPower Corporation make its next earnings announcement?
Where is SunPower Corporation's stock going? Where will SunPower Corporation's stock price be in 2017?
14 analysts have issued 1-year price targets for SunPower Corporation's stock. Their predictions range from $6.00 to $13.00. On average, they expect SunPower Corporation's stock price to reach $9.11 in the next year. View Analyst Ratings for SunPower Corporation.
What are analysts saying about SunPower Corporation stock?
Here are some recent quotes from research analysts about SunPower Corporation stock:
- 1. According to Zacks Investment Research, "SunPower is gradually shifting its revenue base from solar panel sales to the development of solar projects, power plants and engineering, procurement and construction (EPC) systems. Meanwhile, it remains committed to provide high-performance solar power products to its customers. In the overseas, the company has plans to build six projects in many regions in Mexico with expected delivery dates of 2018 and 2019, and gross margin above 20%. However, rising cost is a major headwind for SunPower, given the constant need to come up with new and innovative technology. The company's share price underperformed the broader industry in the last year." (10/3/2017)
- 2. Mizuho analysts commented, "We are adjusting our financial outlook and revising our price target to $8 per share. The downturn in the industry and limited visibility into the future leads to our reductions. SPWR's CEO believes the industry will recover in 2H17, but much of that may be in the hands of Congress as it contemplates tax reform (including renewables incentives)." (1/30/2017)
Who are some of SunPower Corporation's key competitors?
Some companies that are related to SunPower Corporation include Noble Midstream Partners LP (NBLX), Arch Coal, Inc. Class A (ARCH), McDermott International (MDR), C&J Energy Services (CJ), Alliance Holdings GP, L.P. (AHGP), Rowan Companies PLC (RDC), Tullow Oil PLC (TUWOY), Golar LNG Partners LP (GMLP), Suburban Propane Partners, L.P. (SPH), CVR Refining, LP (CVRR), Summit Midstream Partners, LP (SMLP), Rice Midstream Partners LP (RMP), Dril-Quip (DRQ), Frank's International N.V. (FI), Cairn Energy PLC (CRNCY), Forum Energy Technologies (FET), Warrior Met Coal (HCC) and Western Refining Logistics, LP (WNRL).
Who are SunPower Corporation's key executives?
SunPower Corporation's management team includes the folowing people:
- Thomas H. Werner, Chairman of the Board, President, Chief Executive Officer
- Charles D. Boynton, Chief Financial Officer, Executive Vice President, Principal Accounting Officer
- Kenneth J. Mahaffey, Executive Vice President, General Counsel, Corporate Secretary
- Bill Mulligan, Executive Vice President - Global Operations
- Douglas J. Richards, Executive Vice President - Administration
- Patrick H. Wood III, Lead Independent Director
- Helle Kristoffersen, Director
- Ladislas Paszkiewicz, Director
- Julien Bernard Pouget, Director
- Laurent Rene Wolffsheim, Director
Who owns SunPower Corporation stock?
SunPower Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Strs Ohio (0.04%). Company insiders that own SunPower Corporation stock include Charles D Boynton, Douglas J Richards, Eric Branderiz, Howard Wenger, Lisa Marie Bodensteiner and Thomas H Werner. View Institutional Ownership Trends for SunPower Corporation.
Who bought SunPower Corporation stock? Who is buying SunPower Corporation stock?
How do I buy SunPower Corporation stock?
Shares of SunPower Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SunPower Corporation's stock price today?
MarketBeat Community Rating for SunPower Corporation (NASDAQ SPWR)MarketBeat's community ratings are surveys of what our community members think about SunPower Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of SunPower Corporation stock can currently be purchased for approximately $6.68.
Consensus Ratings for SunPower Corporation (NASDAQ:SPWR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 10 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.14)|
|Consensus Price Target: ||$9.11 (36.39% upside)|Consensus Price Target History for SunPower Corporation (NASDAQ:SPWR)
Analysts' Ratings History for SunPower Corporation (NASDAQ:SPWR)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/27/2017||Morgan Stanley||Downgrade||Equal Weight -> Underweight||$7.22 -> $6.00||High|
|9/26/2017||Bank of America Corporation||Lower Price Target||Neutral||$12.00 -> $10.00||Low|
|9/17/2017||Cowen and Company||Reiterated Rating||Buy||$12.00||Low|
|9/8/2017||Macquarie||Downgrade||Outperform -> Neutral||High|
|9/1/2017||Robert W. Baird||Reiterated Rating||Hold||$7.00||Medium|
|8/2/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$10.00 -> $13.00||High|
|8/2/2017||Deutsche Bank AG||Boost Price Target||Hold||$6.00 -> $9.00||Low|
|7/22/2017||Axiom Securities||Reiterated Rating||Buy||Medium|
|2/16/2017||Credit Suisse Group||Reiterated Rating||Neutral||$9.00 -> $8.00||N/A|
|2/10/2017||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Neutral||N/A|
|1/30/2017||Mizuho||Reiterated Rating||Neutral||$25.00 -> $8.00||N/A|
|12/6/2016||Guggenheim||Downgrade||Buy -> Neutral||$7.15 -> $7.22||N/A|
|11/10/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$11.00||N/A|
|11/10/2016||Barclays PLC||Reiterated Rating||Equal Weight||N/A|
|9/30/2016||Williams Capital||Initiated Coverage||Hold||$9.00||N/A|
|9/8/2016||JMP Securities||Initiated Coverage||Underperform||$6.00||N/A|
|8/10/2016||Avondale Partners||Downgrade||Outperform -> Market Perform||N/A|
|8/10/2016||Citigroup Inc.||Downgrade||Outperform -> Market Perform||N/A|
|8/10/2016||Janney Montgomery Scott||Downgrade||Buy -> Neutral||N/A|
|6/1/2016||Wells Fargo & Company||Initiated Coverage||Market Perform||N/A|
|2/26/2016||Northland Securities||Initiated Coverage||Outperform||$37.00||N/A|
|1/5/2016||Raymond James Financial, Inc.||Boost Price Target||$32.00 -> $35.00||N/A|
|12/17/2015||S&P Equity Research||Upgrade||Buy -> Strong-Buy||N/A|
|10/29/2015||Royal Bank Of Canada||Lower Price Target||Outperform||$37.00 -> $32.00||N/A|
Earnings History for SunPower Corporation (NASDAQ:SPWR)Earnings History by Quarter for SunPower Corporation (NASDAQ SPWR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||($0.63)||($0.39)||$312.58 million||$341.50 million||View||Listen|
|5/9/2017||Q1 2017||($0.49)||($0.36)||$388.07 million||$429.50 million||View||Listen|
|2/15/2017||Q416||($0.45)||($0.64)||$1.06 billion||$1.10 billion||View||Listen|
|11/9/2016||Q316||$0.38||$0.68||$777.94 million||$729.30 million||View||Listen|
|8/9/2016||Q216||($0.24)||($0.22)||$344.97 million||$420.50 million||View||N/A|
|5/5/2016||Q1||($0.20)||($0.30)||$328.53 million||$433.60 million||View||N/A|
|2/17/2016||Q415||$1.53||$1.73||$1.27 billion||$1.36 billion||View||Listen|
|10/28/2015||Q315||($0.02)||$0.13||$428.85 million||$441.40 million||View||Listen|
|7/28/2015||Q215||$0.17||$0.18||$513.07 million||$376.70 million||View||Listen|
|4/30/2015||Q115||$0.09||$0.13||$415.50 million||$430.60 million||View||Listen|
|2/24/2015||Q414||$0.24||$0.26||$606.83 million||$609.70 million||View||Listen|
|10/29/2014||Q314||$0.24||$0.30||$628.70 million||$662.70 million||View||Listen|
|7/31/2014||Q214||$0.26||$0.28||$623.54 million||$621.10 million||View||N/A|
|4/24/2014||Q114||$0.32||$0.49||$669.37 million||$683.70 million||View||N/A|
|2/11/2014||Q413||$0.28||$0.47||$707.93 million||$758.00 million||View||N/A|
|10/30/2013||Q313||$0.25||$0.44||$583.24 million||$657.00 million||View||N/A|
|7/31/2013||Q2 2013||$0.11||$0.48||$576.99 million||$576.50 million||View||N/A|
|5/2/2013||Q1 2013||$0.08||($0.46)||$507.73 million||$635.40 million||View||N/A|
|2/7/2013||Q4 2012||$0.15||$0.18||$769.18 million||$784.60 million||View||N/A|
Earnings Estimates for SunPower Corporation (NASDAQ:SPWR)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for SunPower Corporation (NASDAQ:SPWR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for SunPower Corporation (NASDAQ:SPWR)
Insider Ownership Percentage: 0.92%Insider Trades by Quarter for SunPower Corporation (NASDAQ:SPWR)
Institutional Ownership Percentage: 28.82%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/12/2016||Howard Wenger||Insider||Buy||10,000||$7.74||$77,400.00|| |
|3/18/2016||Eric Branderiz||SVP||Sell||6,365||$25.00||$159,125.00|| |
|3/10/2016||Charles D Boynton||CFO||Sell||42,373||$22.74||$963,562.02|| |
|3/10/2016||Douglas J Richards||EVP||Sell||47,348||$22.73||$1,076,220.04|| |
|3/10/2016||Thomas H Werner||CEO||Sell||10,000||$22.70||$227,000.00|| |
|3/8/2016||Lisa Marie Bodensteiner||EVP||Sell||11,000||$22.91||$252,010.00|| |
|2/23/2016||Lisa Marie Bodensteiner||EVP||Sell||11,079||$20.99||$232,548.21|| |
|9/11/2015||Patrick Wood III||Director||Sell||30,000||$22.97||$689,100.00|| |
|9/10/2015||Lisa Marie Bodensteiner||EVP||Sell||4,800||$23.74||$113,952.00|| |
|8/28/2015||Eric Branderiz||SVP||Sell||2,369||$25.00||$59,225.00|| |
|8/12/2015||Lisa Marie Bodensteiner||EVP||Sell||13,400||$24.20||$324,280.00|| |
|6/10/2015||Lisa Marie Bodensteiner||EVP||Sell||6,700||$30.92||$207,164.00|| |
|5/19/2015||Eric Branderiz||SVP||Sell||3,121||$32.24||$100,621.04|| |
|12/2/2014||Thomas H Werner||CEO||Sell||25,000||$25.85||$646,250.00|| |
|10/10/2014||Marty T Neese||COO||Sell||223,663||$29.07||$6,501,883.41|| |
|10/9/2014||Marty T Neese||COO||Sell||64,311||$29.76||$1,913,895.36|| |
|10/8/2014||Marty T Neese||COO||Sell||37,016||$30.43||$1,126,396.88|| |
|10/7/2014||Howard Wenger||Insider||Sell||22,000||$32.06||$705,320.00|| |
|9/17/2014||Eric Branderiz||SVP||Sell||1,594||$37.27||$59,408.38|| |
|9/15/2014||Charles D Boynton||CFO||Sell||8,358||$37.54||$313,759.32|| |
|8/19/2014||Eric Branderiz||SVP||Sell||2,072||$36.85||$76,353.20|| |
|8/11/2014||Douglas J Richards||EVP||Sell||9,465||$34.87||$330,044.55|| |
|7/15/2014||Charles D Boynton||CFO||Sell||24,238||$38.87||$942,131.06|| |
|6/17/2014||Douglas J Richards||EVP||Sell||5,200||$40.00||$208,000.00|| |
|6/17/2014||Thomas H Werner||CEO||Sell||26,704||$40.00||$1,068,160.00|| |
|6/5/2014||Douglas J Richards||EVP||Sell||5,308||$33.83||$179,569.64|| |
|6/3/2014||Eric Branderiz||SVP||Sell||4,115||$32.28||$132,832.20|| |
|6/3/2014||Thomas H Werner||CEO||Sell||25,000||$31.94||$798,500.00|| |
|6/2/2014||Thomas H Werner||CEO||Sell||25,000||$32.70||$817,500.00|| |
|5/19/2014||Eric Branderiz||SVP||Sell||3,120||$31.37||$97,874.40|| |
|5/16/2014||Marty Neese||COO||Sell||11,815||$30.98||$366,028.70|| |
|5/15/2014||Catherine Lesjak||Director||Sell||2,198||$32.73||$71,940.54|| |
|3/17/2014||Charles Boynton||CFO||Sell||16,065||$32.17||$516,811.05|| |
|2/18/2014||Catherine Lesjak||Director||Sell||9,130||$33.86||$309,141.80|| |
|2/12/2014||Howard Wenger||Insider||Sell||8,500||$31.26||$265,710.00|| |
|1/17/2014||Charles Boynton||CFO||Sell||13,575||$35.30||$479,197.50|| |
|1/15/2014||Howard Wenger||Insider||Sell||8,500||$32.11||$272,935.00|| |
|12/18/2013||Howard Wenger||Insider||Sell||8,500||$28.85||$245,225.00|| |
|10/28/2013||Howard Wenger||Insider||Sell||54,810||$32.24||$1,767,074.40|| |
|9/17/2013||Eric Branderiz||SVP||Sell||2,080||$24.34||$50,627.20|| |
|9/5/2013||Eric Branderiz||SVP||Sell||4,162||$22.40||$93,228.80|| |
|8/29/2013||Lisa Marie Bodensteiner||EVP||Sell||8,000||$21.60||$172,800.00|| |
|8/19/2013||Eric Branderiz||SVP||Sell||2,704||$21.50||$58,136.00|| |
|8/15/2013||Charles Boynton||CFO||Sell||5,000||$21.38||$106,900.00|| |
|7/1/2013||Thomas H Werner||CEO||Sell||100,000||$21.43||$2,143,000.00|| |
|6/4/2013||Eric Branderiz||SVP||Sell||4,161||$18.92||$78,726.12|| |
|6/3/2013||Douglas J Richards||EVP||Sell||31,930||$18.61||$594,217.30|| |
|5/31/2013||Douglas J Richards||EVP||Sell||5,108||$20.24||$103,385.92|| |
|5/24/2013||Douglas J Richards||EVP||Sell||4,782||$19.28||$92,196.96|| |
|5/17/2013||Charles D Boynton||CFO||Sell||9,926||$20.17||$200,207.42|| |
|5/17/2013||Douglas J Richards||EVP||Sell||2,218||$20.17||$44,737.06|| |
|5/16/2013||Thomas H Werner||CEO||Sell||100,000||$20.62||$2,062,000.00|| |
|5/13/2013||Eric Branderiz||SVP||Sell||2,165||$19.00||$41,135.00|| |
|5/10/2013||Douglas J Richards||EVP||Sell||13,003||$17.40||$226,252.20|| |
|9/4/2012||Douglas J Richards||EVP||Sell||7,035||$4.43||$31,165.05|| |
Headline Trends for SunPower Corporation (NASDAQ:SPWR)
Latest Headlines for SunPower Corporation (NASDAQ:SPWR)
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SunPower Corporation (SPWR) Chart for Monday, October, 23, 2017