SunPower Corporation researches, develops, manufactures, and delivers solar solutions worldwide. It operates through three segments: Residential, Commercial, and Power Plant. The company provides solar power components, including panels and system components, primarily to dealers, system integrators, and distributors. It also offers commercial rooftop and ground-mounted solar power systems, and residential mounting systems, as well as utility-scale photovoltaic power plants. In addition, the company provides post-installation operations and maintenance services. Further, it leases solar power systems to residential customers; and sells inverters manufactured by third parties. The company also serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Solar International SAS.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorOils/Energy
Current SymbolNASDAQ:SPWR
Previous SymbolNASDAQ:SPWRA
CUSIP86765240
Phone408-240-5500
Debt
Debt-to-Equity Ratio39.39
Current Ratio1.70
Quick Ratio1.17
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.87 billion
Price / Sales0.45
Cash Flow$0.89 per share
Price / Cash6.73
Book Value$0.25 per share
Price / Book23.96
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-851,160,000.00
Net Margins-63.38%
Return on Equity-24.10%
Return on Assets-1.76%
Miscellaneous
Employees7,306
Outstanding Shares141,090,000
Market Cap$895.89 million
OptionableOptionable
SunPower (NASDAQ:SPWR) Frequently Asked Questions
What is SunPower's stock symbol?
SunPower trades on the NASDAQ under the ticker symbol "SPWR."
How were SunPower's earnings last quarter?
SunPower Co. (NASDAQ:SPWR) issued its quarterly earnings data on Tuesday, October, 30th. The semiconductor company reported ($0.29) EPS for the quarter, beating the consensus estimate of ($0.40) by $0.11. The semiconductor company earned $443.40 million during the quarter, compared to analyst estimates of $478.88 million. SunPower had a negative return on equity of 24.10% and a negative net margin of 63.38%. The business's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.21 EPS. View SunPower's Earnings History.
When is SunPower's next earnings date?
What price target have analysts set for SPWR?
9 equities research analysts have issued 1-year target prices for SunPower's shares. Their forecasts range from $7.00 to $10.00. On average, they expect SunPower's stock price to reach $8.8750 in the next twelve months. This suggests a possible upside of 48.2% from the stock's current price. View Analyst Price Targets for SunPower.
What is the consensus analysts' recommendation for SunPower?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunPower.
Has SunPower been receiving favorable news coverage?
Media coverage about SPWR stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SunPower earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the near future.
Are investors shorting SunPower?
SunPower saw a increase in short interest in October. As of October 31st, there was short interest totalling 22,225,525 shares, an increase of 10.4% from the October 15th total of 20,139,413 shares. Based on an average daily trading volume, of 1,957,954 shares, the days-to-cover ratio is currently 11.4 days. Currently, 36.4% of the company's shares are short sold. View SunPower's Current Options Chain.
Who are some of SunPower's key competitors?
Some companies that are related to SunPower include Semtech (SMTC), Finisar (FNSR), Cabot Microelectronics (CCMP), Viavi Solutions (VIAV), Cirrus Logic (CRUS), Solaredge Technologies (SEDG), Power Integrations (POWI), Acacia Communications (ACIA), Diodes (DIOD), Inphi (IPHI), Amkor Technology (AMKR), Tower Semiconductor (TSEM), OSI Systems (OSIS), Kulicke and Soffa Industries (KLIC) and Oclaro (OCLR).
Who are SunPower's key executives?
SunPower's management team includes the folowing people:
- Mr. Thomas H. Werner, Chairman & CEO (Age 58)
- Dr. William P. Mulligan III, Exec. VP of Global Operations (Age 57)
- Mr. Douglas J. Richards, Exec. VP of Admin. (Age 59)
- Mr. Kenneth Lawrence Mahaffey, Exec. VP, Gen. Counsel, Chief Ethics & Compliance Officer and Corp. Sec. (Age 49)
- Mr. Manavendra S. Sial, Exec. VP & CFO
Who are SunPower's major shareholders?
SunPower's stock is owned by a variety of of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.48%), Rock Point Advisors LLC (0.42%), ICM Asset Management Inc. WA (0.24%), Point72 Asset Management L.P. (0.17%), Guinness Asset Management Ltd (0.17%) and Baker Avenue Asset Management LP (0.16%). Company insiders that own SunPower stock include Catherine A Lesjak, Howard Wenger and Kenneth Lawrence Mahaffey. View Institutional Ownership Trends for SunPower.
Which major investors are selling SunPower stock?
SPWR stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., First Trust Advisors LP, Brave Asset Management Inc. and DNB Asset Management AS. Company insiders that have sold SunPower company stock in the last year include Catherine A Lesjak and Kenneth Lawrence Mahaffey. View Insider Buying and Selling for SunPower.
Which major investors are buying SunPower stock?
SPWR stock was acquired by a variety of institutional investors in the last quarter, including ICM Asset Management Inc. WA, Rock Point Advisors LLC, Baker Avenue Asset Management LP, Janney Montgomery Scott LLC, Virtu Financial LLC, Alps Advisors Inc., Highland Capital Management LP and MetLife Investment Advisors LLC. View Insider Buying and Selling for SunPower.
How do I buy shares of SunPower?
Shares of SPWR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SunPower's stock price today?
One share of SPWR stock can currently be purchased for approximately $5.99.
How big of a company is SunPower?
SunPower has a market capitalization of $918.46 million and generates $1.87 billion in revenue each year. The semiconductor company earns $-851,160,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis. SunPower employs 7,306 workers across the globe.
What is SunPower's official website?
How can I contact SunPower?
SunPower's mailing address is 77 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-240-5500.
MarketBeat Community Rating for SunPower (NASDAQ SPWR)
MarketBeat's community ratings are surveys of what our community members think about SunPower and other stocks. Vote "Outperform" if you believe SPWR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPWR will underperform the S&P 500 over the long term. You may vote once every thirty days.
