The share price of SunPower Corporation [NASDAQ: SPWR] inclined by $7.28, presently trading at $7.32. The company’s shares saw 60.99% gains compared to the lowest price in the period of the last 52 weeks, set at $4.55 recorded on Dec 3, 2019. The last few days have been benevolent to the share price as SPWR jumped by +1.09% during the last week, even though the stock is still down by -4.53% compared to -0.06 of all time high it touched on 11/29/19. However, the stock had a poor performance during the past 3 months, roughly losing -16.89%, while additionally gaining 5.05% during the last 12 months. SunPower Corporation is said to have a 12-month price target set at $8.95. That means that the stock has a strong potential to acquire 1.63% increase from the current trading price.
SunPower Corporation [NASDAQ:SPWR]: Analyst Rating and Earnings
Its stock price has been found in the range of 4.55 to 16.04. This is compared to its latest closing price of $7.28.
Keep an eye out for the next scheduled publication date for this company’s financial results, which are expected to be released on Wed 30 Oct (34 days ago).
Fundamental Analysis of SunPower Corporation [SPWR]
Now let’s turn to look at profitability: with a current Operating Margin for SunPower Corporation [SPWR] sitting at -15.63 and its Gross Margin at +3.36, this company’s Net Margin is now -8.20%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is -14.55, and its Return on Invested Capital has reached -66.70%. Its Return on
Similarly, its Total Debt to Total Capital is 116.39, while its Total Debt to Total Assets stands at 63.01.
What about valuation? This company’s Enterprise Value to EBITDA is -16.75. The Enterprise Value to Sales for this firm is now 1.39, and its Total Debt to Enterprise Value stands at 0.78.
Shifting the focus to workforce efficiency, SunPower Corporation [SPWR] earns $261,528 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 5.89 and its Total Asset Turnover is 0.58. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.96 and its Current Ratio is 1.45. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
SunPower Corporation [SPWR] has 169.89M shares outstanding, amounting to a total market cap of $1.24B. Its stock price has been found in the range of 4.55 to 16.04. At its current price, it has moved down by -54.33% from its 52-week high, and it has moved up 60.99% from its 52-week low.
This stock’s Beta value is currently 2.18, which indicates that it is 4.46% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 35.87. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is SunPower Corporation [SPWR] a Reliable Buy?
Shares of SunPower Corporation [SPWR], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.