Media headlines about SunPower (NASDAQ:SPWR) have trended somewhat positive on Thursday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. SunPower earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 44.9806362474711 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern’s analysis:

SunPower (NASDAQ:SPWR) opened at $7.63 on Thursday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.02 and a current ratio of 1.41. SunPower has a 12-month low of $5.84 and a 12-month high of $11.70.

SunPower (NASDAQ:SPWR) last released its earnings results on Thursday, November 2nd. The semiconductor company reported $0.21 EPS for the quarter, beating the consensus estimate of ($0.39) by $0.60. SunPower had a negative net margin of 24.91% and a negative return on equity of 20.81%. The firm had revenue of $477.20 million for the quarter, compared to analyst estimates of $383.76 million. During the same period last year, the firm earned $0.68 EPS. The business’s quarterly revenue was down 34.6% compared to the same quarter last year. equities analysts forecast that SunPower will post -0.77 EPS for the current fiscal year.

A number of analysts have recently issued reports on the company. ValuEngine lowered SunPower from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Morgan Stanley cut SunPower from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $7.22 to $6.00 in a research report on Wednesday, September 27th. Bank of America cut their target price on SunPower from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, September 26th. Robert W. Baird reiterated a “hold” rating and set a $7.00 target price on shares of SunPower in a report on Friday, September 1st. Finally, Cowen reaffirmed a “buy” rating and issued a $12.00 target price on shares of SunPower in a research report on Sunday, September 17th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock. SunPower currently has an average rating of “Hold” and an average target price of $9.55.

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About SunPower

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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