Vivint Solar Company Profile (NYSE:VSLR)

Vivint Solar trades on the New York Stock Exchange (NYSE) under the ticker symbol "VSLR."

Vivint Solar Inc (NYSE:VSLR) posted its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.48) by $0.02. The business had revenue of $53.11 million for the quarter, compared to analysts' expectations of $47.09 million. Vivint Solar had a negative return on equity of 33.88% and a negative net margin of 14.02%. The business's quarterly revenue was up 208.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.65) earnings per share. View Vivint Solar's Earnings History.

6 brokerages have issued twelve-month price targets for Vivint Solar's stock. Their predictions range from $2.00 to $9.00. On average, they expect Vivint Solar's share price to reach $5.25 in the next year. View Analyst Ratings for Vivint Solar.

Here are some recent quotes from research analysts about Vivint Solar stock:

• 1. According to Zacks Investment Research, "Vivint Solar Inc. is a provider of residential solar energy systems in the United States. It designs, installs, and maintains cost-effective solar energy systems. The Company also offers photovoltaic installation software products and devices. Vivint Solar, Inc. is headquartered in Provo, Utah. " (5/11/2017)
• 2. Deutsche Bank AG analysts commented, "With the tax equity environment for VSLR improving, we believe the company remains in a strong position to achieve its 2016 installation targets. Additionally, after a slow seasonal start, fundamentals in the US resi market are improving," analyst Vishal Shah wrote in a note.Shah said Vivint has 514MW of operating assets in the current portfolio, which he believes are worth about $5/share (assuming 8 percent discount rate). This implies that at current levels, shares are assuming the devco is worth ($2.50)/share.Related Link: Gordon Johnson On Trina Solar: Time To Press The Shorts"Even if we do not include renewals, VSLR's operating assets are worth ~$3.50/share which would mean ~($0.90) value for devco," Shah noted.The analyst highlighted that the most recent tax equity round enables the company sufficient tax equity funds through Aug '16 time frame. Shah said company needs $2.60–2.80/W of project financing, of which $1.50–1.70/W is in the form of tax equity financing. The analyst noted that additional financing announcements are likely as the company had said it was working on $200 million worth of tax equity transactions. "We believe the amount of capital needed to achieve 2016 objectives is easily achievable and more importantly, the shares are clearly not discounting this amount of capital raise at current valuation levels," (5/27/2016)

Some companies that are related to Vivint Solar include JinkoSolar Holding Co. (JKS), Hanwha Q Cells Co Ltd -ADR (HQCL), IXYS (IXYS), Alpha and Omega Semiconductor Ltd (AOSL), NVE Corp (NVEC), JA Solar Holdings Co. (JASO), Magnachip Semiconductor Corp (MX), Sigma Designs (SIGM), ReneSola (SOL), Yingli Green Energy Holding Co Ltd (YGE), Sunworks (SUNW), Altera (ALTR), ARM Holdings plc (ARMH), Linear Technology (LLTC), SolarCity Corp (SCTY), Trina Solar Limited (TSL) and Vimicro International (VIMC).

Vivint Solar's stock is owned by a number of of retail and institutional investors. Top institutional investors include Blackstone Group L.P. (74.69%), FMR LLC (8.78%), Vanguard Group Inc. (1.28%), Parametric Portfolio Associates LLC (0.18%), Geode Capital Management LLC (0.14%) and Bank of New York Mellon Corp (0.14%). Company insiders that own Vivint Solar stock include Dana C Russell, David Bywater and Shawn J Lindquist. View Institutional Ownership Trends for Vivint Solar.

Vivint Solar's stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., TIAA CREF Investment Management LLC and First Trust Advisors LP. Company insiders that have sold Vivint Solar stock in the last year include Dana C Russell and David Bywater. View Insider Buying and Selling for Vivint Solar.

Vivint Solar's stock was purchased by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Neuberger Berman Group LLC, OMERS ADMINISTRATION Corp, IPG Investment Advisors LLC, Morgan Stanley, Geode Capital Management LLC, Teachers Advisors LLC and Vanguard Group Inc.. View Insider Buying and Selling for Vivint Solar.

Shares of Vivint Solar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Vivint Solar stock can currently be purchased for approximately $3.10.