A share price of Sunpower Corp [SPWR] is currently trading at $0.84, down -13.14%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPWR shares have gain 23.66% over the last week, with a monthly amount drifted -68.42%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sunpower Corp [NASDAQ: SPWR] stock has seen the most recent analyst activity on July 19, 2024, when Mizuho downgraded its rating to a Underperform. Previously, Wolfe Research downgraded its rating to Underperform on May 15, 2024, and kept the price target unchanged to $2. On April 23, 2024, downgrade downgraded it’s rating to In-line but maintained its price target of $6 on the stock. Guggenheim downgraded its rating to a Sell but stick to its price target of $1 on February 16, 2024. Susquehanna downgraded its rating to a Neutral and reduced its price target to $4 on January 11, 2024. Wells Fargo downgraded its rating to Underweight for this stock on January 08, 2024, and downed its price target to $4. In a note dated January 04, 2024, Raymond James downgraded an Mkt Perform rating on this stock.
Sunpower Corp experienced fluctuations in its stock price throughout the past year between $0.50 and $10.30. Currently, Wall Street analysts expect the stock to reach $17.5 within the next 12 months. Sunpower Corp [NASDAQ: SPWR] shares were valued at $0.84 at the most recent close of the market. An investor can expect a potential return of 1983.33% based on the average SPWR price forecast.
Analyzing the SPWR fundamentals
Trailing Twelve Months sales for Sunpower Corp [NASDAQ:SPWR] were 1.69B which represents -28.36% decline. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.14%, and Net Profit Margin reading is -0.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.56 and Total Capital is -0.4. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7607 points at the first support level, and at 0.6813 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9697, and for the 2nd resistance point, it is at 1.0993.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sunpower Corp [NASDAQ:SPWR] is 0.94. Also, the Quick Ratio is 0.64, while the Cash Ratio stands at 0.1. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 0.35.
