SunPower (SPWR) Receiving Somewhat Positive News Coverage, Accern Reports
News stories about SunPower (NASDAQ:SPWR) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. SunPower earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the semiconductor company an impact score of 47.1310183640626 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- SunPower Corporation (NASDAQ:SPWR) – Stock to Watch – Nasdaq Journal (nasdaqjournal.com)
- SunPower Co. (SPWR) Sees Significant Growth in Short Interest (americanbankingnews.com)
- High-beta stock produce higher return: SunPower Corporation (SPWR) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Analysts Anticipate SunPower Co. (SPWR) Will Post Earnings of $0.18 Per Share (americanbankingnews.com)
- Eye-Catching EPS Growth Rate Performer For This Year: SunPower Corporation (SPWR) – Wallstreet Investorplace (wallstreetinvestorplace.com)
SunPower (NASDAQ:SPWR) traded up $0.06 during trading hours on Friday, reaching $6.85. The company’s stock had a trading volume of 4,440,000 shares, compared to its average volume of 3,190,000. SunPower has a 12 month low of $5.84 and a 12 month high of $11.70. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.41 and a quick ratio of 1.02. The stock has a market capitalization of $964.51, a P/E ratio of -1.70 and a beta of 2.73.
SPWR has been the topic of a number of recent research reports. BidaskClub lowered SunPower from a “hold” rating to a “sell” rating in a research note on Saturday, January 20th. ValuEngine raised SunPower from a “sell” rating to a “hold” rating in a research note on Saturday, November 4th. Bank of America initiated coverage on SunPower in a research note on Friday, December 22nd. They set a “neutral” rating and a $10.00 price objective on the stock. Zacks Investment Research lowered SunPower from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, Guggenheim reissued a “hold” rating on shares of SunPower in a research note on Thursday, January 18th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.06.
In other SunPower news, Director Catherine A. Lesjak sold 23,632 shares of SunPower stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $7.50, for a total value of $177,240.00. Following the sale, the director now owns 55,924 shares in the company, valued at $419,430. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.92% of the stock is owned by insiders.
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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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