SunPower stock: buy or sell?
February 21st, 2020
SunPower Corporation researches, develops, manufactures, and delivers solar solutions worldwide. It operates through three segments: Residential, Commercial, and Power Plant.
Should I buy SunPower stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with SunPower stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is SunPower stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't find any rating for SPWR stock for the last month.
SunPower stock analysis
SunPower shares plummed -4.58% to $10.20 today.
SunPower shares plummed -4.58% to $10.20 today. On Feb 19th SPWR price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock.
After sliding a dreadful -14.15% in a week last week, SunPower closed this week at $10.20 and skyrocketed a dazzling 22.30%.
SunPower stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Since this week when SPWR stock price broke up the SMA40w line, it gained $1.86 (22.30%).
SunPower stock price history
SunPower stock went public on November 17th, 2005 with a price of $28.001. Since then, SPWR stock lost a -63.60%, with a yearly average of -4.50%.
1: Adjusted price after possible price splits or reverse-splits.
SunPower stock historical price chart
SPWR stock reached 52-week highs on August at $16.04, and all-time highs 2007-11-08 with a price of 164.49.
SunPower stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price forecast for SunPower stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSunPower disappointed analysts when it reported an Earnings per Share (EPS) of $-0.25 when the market consensus was $-0.38.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a rough decrease of -3.79% to $1,726.08 million USD. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) grew a 4.80% to -46.99%.
|2013||$2,510 M||-||$96 M3.8%||-|
|2014||$3,027 M||20.61%||$246 M8.1%||157.24%|
|2015||$1,576 M||-47.92%||$-187.02 M-11.9%||-176.06%|
|2016||$2,560 M||62.36%||$-471.06 M-18.4%||151.88%|
|2017||$1,794 M||-29.91%||$-929.12 M-51.8%||97.24%|
|2018||$1,726 M||-3.79%||$-811.09 M-47.0%||-12.70%|
Quarterly financial resultsSunPower posted $456.84 M in sales for 2018-Q4, a 6.67% up compared to previous quarter. Reported quarter earnings marked $-158.17 million with a profit margin of -34.62%. Profit margin collapsed a -13.65% compared to previous quarter when profit margin was -20.97%. When comparing turnover to same quarter last year, SunPower sales marked a dreadful slide and plunged a -37.33%.
|2017-Q1||$399 M||-||$-134.48 M-33.7%||-|
|2017-Q2||$337 M||-15.64%||$-93.76 M-27.8%||-30.28%|
|2017-Q3||$477 M||41.63%||$-54.25 M-11.4%||-42.14%|
|2017-Q4||$729 M||52.75%||$-494.69 M-67.9%||811.93%|
|2018-Q1||$392 M||-46.24%||$-115.97 M-29.6%||-76.56%|
|2018-Q2||$449 M||14.60%||$-447.12 M-99.6%||285.53%|
|2018-Q3||$428 M||-4.64%||$-89.83 M-21.0%||-79.91%|
|2018-Q4||$457 M||6.67%||$-158.17 M-34.6%||76.09%|
SunPower ownershipWhen you are planning to buy a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For SunPower, 49.42% of all outstanding shares are owned by its staff.
In case of SunPower stock, 40.91% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SPWR stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to SunPower:
|Market cap||$1.7 B|
|Total shares||167.9 M|
|Float shares||72.1 M|
|- Institutional holdings (%)||40.9%|
|- Insider holdings (%)||49.4%|
|Shares in short selling||0.0%|
|Friday, February 21st, 2020|
|Day range||$9.91 - $10.42|
|Average true range||$0.86|
|50d mov avg||$8.54|
|100d mov avg||$8.64|
|200d mov avg||$9.89|
SunPower performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected as the bechmarking frame for SunPower stock.