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
SymbolNASDAQ:SPWR
CUSIP86765240
Phone408-240-5500
Debt
Debt-to-Equity Ratio9.81
Current Ratio1.75
Quick Ratio1.22
Price-To-Earnings
Trailing P/E Ratio-19.27
Forward P/E Ratio-5.03
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.87 billion
Price / Sales0.59
Cash Flow$0.9738 per share
Price / Cash8.00
Book Value$1.77 per share
Price / Book4.40
Profitability
EPS (Most Recent Fiscal Year)($0.41)
Net Income$-851,160,000.00
Net Margins-60.01%
Return on Equity1.37%
Return on Assets0.17%
Miscellaneous
Employees7,306
Outstanding Shares140,990,000
Market Cap$1.06 billion
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) released its earnings results on Monday, July, 30th. The semiconductor company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.29) by $0.28. The semiconductor company had revenue of $449.09 million for the quarter, compared to analyst estimates of $389.86 million. SunPower had a positive return on equity of 1.37% and a negative net margin of 60.01%. SunPower's quarterly revenue was up 36.9% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.35) EPS. View SunPower's Earnings History.
When is SunPower's next earnings date?
What price target have analysts set for SPWR?
10 brokerages have issued twelve-month price objectives for SunPower's shares. Their forecasts range from $6.00 to $10.00. On average, they anticipate SunPower's stock price to reach $8.7222 in the next year. This suggests a possible upside of 13.1% from the stock's current price. View Analyst Price Targets for SunPower.
What is the consensus analysts' recommendation for SunPower?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SunPower in the last year. There are currently 2 sell ratings, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SunPower.
Are investors shorting SunPower?
SunPower saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 19,857,409 shares, an increase of 12.4% from the August 15th total of 17,668,125 shares. Based on an average daily trading volume, of 1,468,267 shares, the days-to-cover ratio is currently 13.5 days. Approximately 32.6% of the company's shares are sold short. View SunPower's Current Options Chain.
Who are some of SunPower's key competitors?
Some companies that are related to SunPower include Mellanox Technologies (MLNX), SUMCO Corp/ADR (SUOPY), Cree (CREE), Silicon Laboratories (SLAB), AU Optronics (AUO), Semtech (SMTC), Advantest (ATEYY), Cabot Microelectronics (CCMP), Viavi Solutions (VIAV), Cirrus Logic (CRUS), Finisar (FNSR), Tower Semiconductor (TSEM), Power Integrations (POWI), Silicon Motion Technology (SIMO) and Solaredge Technologies (SEDG).
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
Has SunPower been receiving favorable news coverage?
News stories about SPWR stock have trended somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SunPower earned a daily sentiment score of 0.18 on Accern's scale. They also gave news headlines about the semiconductor company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. View Recent Headlines for SunPower.
Who are SunPower's major shareholders?
SunPower's stock is owned by many different of retail and institutional investors. Top institutional shareholders include DnB Asset Management AS (0.61%), Northern Trust Corp (0.53%), California Public Employees Retirement System (0.46%), First Trust Advisors LP (0.31%), Rock Point Advisors LLC (0.29%) and Schwab Charles Investment Management Inc. (0.23%). Company insiders that own SunPower stock include Catherine A Lesjak, Howard Wenger and Kenneth Lawrence Mahaffey. View Institutional Ownership Trends for SunPower.
Which institutional investors are selling SunPower stock?
SPWR stock was sold by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Dimensional Fund Advisors LP, Rock Point Advisors LLC, California Public Employees Retirement System, Aperio Group LLC and Guinness Atkinson Asset Management Inc. 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 institutional investors are buying SunPower stock?
SPWR stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Millennium Management LLC, Lansdowne Partners UK LLP, Baird Financial Group Inc., Northern Trust Corp, BlueMountain Capital Management LLC, Schwab Charles Investment Management Inc. and Timber Hill 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 $7.71.
How big of a company is SunPower?
SunPower has a market capitalization of $1.06 billion 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.
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.
