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Sunworks Stock Forecast, Price & News

+0.06 (+7.69 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $0.84
50-Day Range
MA: $0.87
52-Week Range
Now: $0.84
Volume4.34 million shs
Average Volume2.20 million shs
Market Capitalization$13.97 million
P/E RatioN/A
Dividend YieldN/A
Sunworks, Inc., through its subsidiaries, provides photo voltaic based power systems for the agricultural, commercial, industrial, and residential markets in California, Nevada, Oregon, and Washington, the United States. The company also designs, arranges, finances, integrates, installs, and manages systems ranging in size from 2 kilowatt for residential loads to multi megawatt systems for larger commercial projects. In addition, it offers a range of installation services, including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring, and maintenance services to its solar energy customers. The company was formerly known as Solar3D, Inc. and changed its name to Sunworks, Inc. in March 2016. Sunworks, Inc. was founded in 2002 and is headquartered in Roseville, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.87 out of 5 stars

Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Current SymbolNASDAQ:SUNW



Sales & Book Value

Annual Sales$59.83 million
Book Value$1.24 per share


Net Income$-9,190,000.00


Market Cap$13.97 million
Next Earnings Date10/29/2020 (Estimated)
+0.06 (+7.69 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Sunworks (NASDAQ:SUNW) Frequently Asked Questions

How has Sunworks' stock been impacted by Coronavirus?

Sunworks' stock was trading at $0.6107 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SUNW shares have increased by 37.5% and is now trading at $0.84.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Sunworks?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunworks in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Sunworks

When is Sunworks' next earnings date?

Sunworks is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Sunworks

How were Sunworks' earnings last quarter?

Sunworks Inc (NASDAQ:SUNW) announced its earnings results on Monday, August, 10th. The semiconductor company reported ($0.09) EPS for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.04. The semiconductor company had revenue of $9.67 million for the quarter, compared to the consensus estimate of $11.70 million. Sunworks had a negative return on equity of 102.20% and a negative net margin of 23.70%.
View Sunworks' earnings history

When did Sunworks' stock split? How did Sunworks' stock split work?

Sunworks shares reverse split before market open on Friday, August 30th 2019. The 1-7 reverse split was announced on Thursday, August 29th 2019. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 29th 2019. An investor that had 100 shares of Sunworks stock prior to the reverse split would have 14 shares after the split.

What price target have analysts set for SUNW?

1 equities research analysts have issued 1-year price targets for Sunworks' stock. Their forecasts range from $0.38 to $0.38. On average, they expect Sunworks' share price to reach $0.38 in the next year. This suggests that the stock has a possible downside of 54.8%.
View analysts' price targets for Sunworks

Are investors shorting Sunworks?

Sunworks saw a increase in short interest in August. As of August 31st, there was short interest totaling 488,000 shares, an increase of 56.1% from the August 15th total of 312,600 shares. Based on an average daily volume of 4,630,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 3.0% of the company's stock are short sold.
View Sunworks' Short Interest

Who are some of Sunworks' key competitors?

What other stocks do shareholders of Sunworks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunworks investors own include DelMar Pharmaceuticals (DMPI), Advanced Micro Devices (AMD), Plug Power (PLUG), Biocept (BIOC), Enphase Energy (ENPH), FuelCell Energy (FCEL), Heat Biologics (HTBX), Micron Technology (MU), Nokia Oyj (NOK) and TransEnterix (TRXC).

Who are Sunworks' key executives?

Sunworks' management team includes the following people:
  • Mr. Charles F. Cargile, CEO & Director (Age 54)
  • Mr. Paul C. McDonnel CPA, Interim Chief Financial Officer (Age 62)
  • Abe Madrid, VP of Operations
  • Mr. Gerald A. Nadler, Chief Scientist (Age 76)
  • Mr. Christopher S. Outwater, Director of Bus. Devel.

What is Sunworks' stock symbol?

Sunworks trades on the NASDAQ under the ticker symbol "SUNW."

Who are Sunworks' major shareholders?

Sunworks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include UBS Group AG (0.35%), Founders Financial Securities LLC (0.15%) and Sei Investments Co. (0.14%).
View institutional ownership trends for Sunworks

Which institutional investors are buying Sunworks stock?

SUNW stock was acquired by a variety of institutional investors in the last quarter, including UBS Group AG, Founders Financial Securities LLC, and Sei Investments Co..
View insider buying and selling activity for Sunworks

How do I buy shares of Sunworks?

Shares of SUNW 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, Robinhood, Fidelity, and Charles Schwab.

What is Sunworks' stock price today?

One share of SUNW stock can currently be purchased for approximately $0.84.

How big of a company is Sunworks?

Sunworks has a market capitalization of $13.97 million and generates $59.83 million in revenue each year. The semiconductor company earns $-9,190,000.00 in net income (profit) each year or ($2.07) on an earnings per share basis. Sunworks employs 208 workers across the globe.

What is Sunworks' official website?

The official website for Sunworks is sunworksusa.com.

How can I contact Sunworks?

Sunworks' mailing address is 1030 WINDING CREEK ROAD SUITE 100, ROSEVILLE CA, 95678. The semiconductor company can be reached via phone at 916-409-6900 or via email at [email protected]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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