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 Ratio9.81
Current Ratio1.75
Quick Ratio1.22
Price-To-Earnings
Trailing P/E Ratio-16.30
Forward P/E Ratio-4.29
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.87 billion
Price / Sales0.50
Cash Flow$0.8950 per share
Price / Cash7.43
Book Value$1.77 per share
Price / Book3.76
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$988.35 million
OptionableN/A
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) posted its quarterly 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 negative net margin of 60.01% and a positive return on equity of 1.37%. The business's quarterly revenue was up 36.9% on a year-over-year basis. During the same period last year, the business posted ($0.35) EPS. View SunPower's Earnings History.
When is SunPower's next earnings date?
How can I listen to SunPower's earnings call?
SunPower will be holding an earnings conference call on Tuesday, October 30th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773715747.
What price target have analysts set for SPWR?
9 brokerages have issued 12-month price targets for SunPower's stock. Their forecasts range from $7.00 to $10.00. On average, they anticipate SunPower's share price to reach $8.8750 in the next year. This suggests a possible upside of 33.5% 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.
Are investors shorting SunPower?
SunPower saw a decrease in short interest in the month of September. As of September 14th, there was short interest totalling 18,154,735 shares, a decrease of 8.6% from the August 31st total of 19,857,409 shares. Based on an average daily volume of 1,321,163 shares, the days-to-cover ratio is presently 13.7 days. Currently, 29.8% of the shares of the stock 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), Cree (CREE), Silicon Laboratories (SLAB), AU Optronics (AUO), Advantest (ATEYY), Semtech (SMTC), Viavi Solutions (VIAV), Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), Finisar (FNSR), Dialog Semiconductor (DLGNF), Tower Semiconductor (TSEM), Solaredge Technologies (SEDG), BE Semiconductor Industrs (BESIY) and Power Integrations (POWI).
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 many different of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (0.48%), ICM Asset Management Inc. WA (0.24%), Guinness Asset Management Ltd (0.17%), Guinness Atkinson Asset Management Inc (0.05%) and Brave Asset Management Inc. (0.02%). 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 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 purchased by a variety of institutional investors in the last quarter, including ICM Asset Management Inc. WA, Guinness Asset Management Ltd and Guinness Atkinson Asset Management Inc. 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 $6.65.
How big of a company is SunPower?
SunPower has a market capitalization of $988.35 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.
