With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on SPWR shows that it touched its highest point at $3.37 and its lowest point at $0.53 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 0.83.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPWR was down-trending over the past week, with a drop of -6.35%, but this was up by 23.78% over a month. Three-month performance surged to 2.91% while six-month performance fell -17.29%. The stock gained 91.35% in the past year, while it has lost -1.12% so far this year. A look at the trailing 12-month EPS for SPWR yields -0.82 with Next year EPS estimates of 0.23.
Float and Shares Shorts:
At present, 73.78 million SPWR shares are outstanding with a float of 52.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SPWR since 21 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 11 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.54643 being high and -$0.65357 being low. For SPWR, this leads to a yearly average estimate of -$0.6.
