Will SunPower Corporation (SPWR) Remain Competitive?


SunPower Corporation (NASDAQ:SPWR) went down by -2.10% from its latest closing price when compared to the 1-year high value of $12.34 and move down -10.28%, while SPWR stocks collected 40.67% of gains with the last five trading sessions. Press Release reported on 08/27/20 that SunPower and Maxeon Solar Technologies Close Spin-Off Transaction

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SPWR Market Performance

SPWR stocks went up by 40.67% for the week, with the monthly jump of 83.18% and a quarterly performance of 131.90%, while its annual performance rate touched 36.51%. The simple moving average for the period of the last 20 days is 39.15% for SPWR stocks with the simple moving average of 107.81% for the last 200 days.

Analysts’ Opinion on SunPower Corporation (NASDAQ:SPWR)

Many brokerage firms have already submitted their reports for SPWR stocks, with Cowen repeating the rating for SPWR shares by setting it to “Market Perform”. The predicted price for SPWR socks in the upcoming period according to Cowen is $10 based on the research report published on February 13, 2020.

ROTH Capital, on the other hand, stated in their research note that they expect to see SPWR stock at the price of $9. The rating they have provided for SPWR stocks is “Neutral” according to the report published on February 4, 2020.

Credit Suisse gave “ Outperform” rating to SPWR stocks, setting the target price at $9 in the report published on August 1, 2019.

SPWR Stocks 66.43% Far from 50 Day Moving Average

After a stumble in the market that brought SPWR to its low price for the period of the last 52 weeks, SunPower Corporation was unable to take a rebound, for now settling with -9.32% of loss for the given period.

The stock volatility was left at 8.28%, however, within the period of a single month, the volatility rate increased by 11.68%, while the shares surge at the distance of +13.03% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +53.71% upper at the present time.

In the course of the last 5 trading sessions, SPWR went down by -7.90%, which changed the moving average for the period of 200 days to the total of +40.05% of gains for the stock in comparison to the 20-day moving average settled at $11.75. In addition, SunPower Corporation saw 119.11% in overturn over the period of a single year with a tendency to cut further gains.

SPWR Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at SunPower Corporation (SPWR), starting from WERNER THOMAS H, who sold 80,000 shares at the price of $13.00 back on Aug 25. After this action, Rushing now owns 640,342 shares of SunPower Corporation, valued at $1,040,240 with the latest closing price.

Heang Vichheka, the Principal Accounting Officer of SunPower Corporation, sold 10,000 shares at the value of $12.29 during a trade that took place back on Aug 12, which means that Heang Vichheka is holding 15,981 shares at the value of $122,936 based on the most recent closing price.

SPWR Stock Fundamentals

The current profitability levels are settled at -12.30 for the present operating margin and +5.31 for gross margin. The net margin for SunPower Corporation stands at +1.19. Total capital return value is set at -18.71, while invested capital returns managed to touch 1.99. Equity return holds the value -29.00%, with 0.40% for asset returns.

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Based on SunPower Corporation (SPWR), the company’s capital structure generated 10,769.40 points for debt to equity in total, while total debt to capital is set at the value of 99.08. Total debt to assets is settled at the value of 50.39 with long-term debt to equity ratio rests at -4.29 and long-term debt to capital is 9,644.54.

The value for Enterprise to Sales is 0.98 with debt to enterprise value settled at 0.60. The receivables turnover for SunPower Corporation is 5.62 with the total asset turnover at the value of 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.

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