SunPower stock: buy or sell?

SPWR stock price: $10.20 -4.58% At close on February 21st, 2020

Updated on:
February 21st, 2020

3

SunPower ended today at $10.20 and plummed a spooky -4.58%. On February 19th SPWR rocketed an exceptional 11.61%. On February 14th SPWR collapsed a bloodcurdling -5.76%.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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

Daily outlook

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.

SPWR stock chart (daily)

Weekly outlook

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%).

SPWR stock chart (weekly)

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 target

Nobody 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 Share

SunPower disappointed analysts when it reported an Earnings per Share (EPS) of $-0.25 when the market consensus was $-0.38.
SPWR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.92n/a
2017-Q2-n/a-0.65n/a
2017-Q32017-11-02-0.390.21n/a
2017-Q42018-02-140.110.25127.3%
2018-Q12018-05-08-0.66-0.25n/a
2018-Q22018-07-30-0.29-0.06n/a
2018-Q32018-10-30-0.45-0.33n/a
2018-Q42019-02-13-0.38-0.25n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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%.

SPWR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,510 M-$96 M3.8%-
2014$3,027 M20.61%$246 M8.1%157.24%
2015$1,576 M-47.92%$-187.02 M-11.9%-176.06%
2016$2,560 M62.36%$-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 results

SunPower 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%.
SPWR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$399 M-$-134.48 M-33.7%-
2017-Q2$337 M-15.64%$-93.76 M-27.8%-30.28%
2017-Q3$477 M41.63%$-54.25 M-11.4%-42.14%
2017-Q4$729 M52.75%$-494.69 M-67.9%811.93%
2018-Q1$392 M-46.24%$-115.97 M-29.6%-76.56%
2018-Q2$449 M14.60%$-447.12 M-99.6%285.53%
2018-Q3$428 M-4.64%$-89.83 M-21.0%-79.91%
2018-Q4$457 M6.67%$-158.17 M-34.6%76.09%

SunPower ownership

When 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:

SPWR
Market cap$1.7 B
Total shares167.9 M
Float shares72.1 M
  - Institutional holdings (%)40.9%
  - Insider holdings (%)49.4%
Shares in short selling0.0%

SunPower summary

Friday, February 21st, 2020
Open$10.42
Close$10.20
Day range$9.91 - $10.42
Previous close$10.69
Session gain-4.58%
Average true range$0.86
50d mov avg$8.54
100d mov avg$8.64
200d mov avg$9.89
Daily patternlt02a
Weekly pattern lt06a

SunPower performance

Stocks 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.
Stock3m6m12m
SPWRSunPower41.67%-19.87%55.96%

SunPower competitors

Unfortunately, we could not find any public company that could be defined as SunPower competitor. This doesn't mean SunPower does not have any competitor in the market, it's just we could not detected it.