Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Vivint Solar (VSLR) Share Price

Media headlines about Vivint Solar (NYSE:VSLR) have been trending somewhat positive on Wednesday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Vivint Solar earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 45.198017533342 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of equities analysts have issued reports on VSLR shares. BidaskClub cut shares of Vivint Solar from a “hold” rating to a “sell” rating in a research note on Thursday, September 28th. Zacks Investment Research raised shares of Vivint Solar from a “hold” rating to a “buy” rating and set a $5.25 price objective on the stock in a research note on Saturday, August 12th. TheStreet raised shares of Vivint Solar from a “d” rating to a “c” rating in a research note on Monday, October 2nd. Deutsche Bank AG cut shares of Vivint Solar from a “buy” rating to a “hold” rating and set a $6.00 price objective on the stock. in a research note on Wednesday, August 9th. Finally, ValuEngine cut shares of Vivint Solar from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $4.71.

Shares of Vivint Solar (VSLR) traded up 2.70% during trading on Wednesday, hitting $3.80. 577,407 shares of the stock were exchanged. Vivint Solar has a 52 week low of $2.50 and a 52 week high of $6.09. The firm’s 50 day moving average price is $4.11 and its 200-day moving average price is $4.08. The stock has a market cap of $434.97 million, a P/E ratio of 7.98 and a beta of -0.35.

Vivint Solar (NYSE:VSLR) last posted its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.33) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.40) by $0.07. Vivint Solar had a net margin of 26.35% and a negative return on equity of 26.46%. The company had revenue of $73.00 million for the quarter, compared to analyst estimates of $65.41 million. During the same period in the prior year, the firm posted $0.12 EPS. The company’s quarterly revenue was up 109.2% on a year-over-year basis. On average, analysts predict that Vivint Solar will post ($1.48) EPS for the current year.

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About Vivint Solar

Vivint Solar, Inc offers distributed solar energy, electricity generated by a solar energy system installed at or near customers’ locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers.

Insider Buying and Selling by Quarter for Vivint Solar (NYSE:VSLR)

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