Media headlines about SunPower (NASDAQ:SPWR) have trended somewhat negative on Friday, according to Alpha One Sentiment Analysis. The research group, a subsidiary of Accern, rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SunPower earned a news impact score of -0.12 on Alpha One’s scale. Alpha One also gave news headlines about the semiconductor company an impact score of 84 out of 100, meaning that recent media coverage is very likely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected AlphaOne Sentiment’s scoring:
- Impax Environmental delivers bumper performance (investorschronicle.co.uk)
- Zacks: Analysts Expect SunPower Co. (SPWR) Will Announce Quarterly Sales of $391.13 Million (americanbankingnews.com)
- ISE Group, Total and SunPower Start Up the Nanao Solar Power Plant in Japan (finance.yahoo.com)
- SunPower (SPWR) Getting Somewhat Positive News Coverage, Analysis Finds (americanbankingnews.com)
- SunPower Co. (SPWR) Upgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
Shares of SunPower (NASDAQ:SPWR) traded down 0.89% during trading on Friday, reaching $6.67. The company had a trading volume of 1,618,549 shares. The stock has a 50 day moving average of $6.74 and a 200 day moving average of $7.24. SunPower has a 52-week low of $5.84 and a 52-week high of $22.35. The stock’s market capitalization is $924.80 million.
SunPower (NASDAQ:SPWR) last posted its quarterly earnings results on Wednesday, February 15th. The semiconductor company reported ($0.64) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.45) by $0.19. The business earned $1.10 billion during the quarter, compared to analyst estimates of $1.06 billion. SunPower had a positive return on equity of 16.65% and a negative net margin of 16.95%. During the same quarter last year, the firm posted $1.73 EPS. Equities research analysts forecast that SunPower will post ($0.87) EPS for the current year.
A number of research analysts recently issued reports on SPWR shares. Vetr lowered SunPower from a “strong-buy” rating to a “buy” rating and set a $9.59 target price for the company. in a report on Monday, February 27th. Credit Suisse Group AG reiterated a “hold” rating on shares of SunPower in a report on Friday, February 10th. Zacks Investment Research upgraded SunPower from a “sell” rating to a “hold” rating in a report on Tuesday, February 7th. Robert W. Baird reiterated a “neutral” rating and issued a $7.00 target price on shares of SunPower in a report on Thursday, February 16th. Finally, Goldman Sachs Group Inc reiterated a “neutral” rating on shares of SunPower in a report on Friday, February 10th. Two research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and two have assigned a buy rating to the company. SunPower has a consensus rating of “Hold” and a consensus target price of $10.52.
SunPower Corporation is a global energy company. The Company delivers complete solar solutions to residential, commercial, and power plant customers. The Company’s segments include Residential Segment, Commercial Segment and Power Plant Segment. The Residential and Commercial Segments combined are referred to as Distributed Generation.
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