2023 Brokerage Ratings Reveal SunPower Co. Shares Rated “Hold” by 22 Analysts.
February 11, 2023
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SUNPOWER ($NASDAQ:SPWR): SunPower Corporation is a leading provider of solar energy solutions, empowering homes and businesses with clean, renewable energy. SunPower also offers a comprehensive suite of integrated energy solutions, including residential and commercial solar leasing and power purchase agreements, grid-connected products and services, and energy storage technologies. Recently, twenty-two analysts provided ratings for SunPower Co. shares, assigning the company a consensus rating of “Hold”. While there is no guarantee that this prediction will be accurate, the ratings serve as an indicator of the analysts’ opinion of the current state of the company’s stock. SunPower Co. has made significant investments in research and development in order to provide top-of-the-line solar energy products and services. They have also broadened their customer base and product portfolio by expanding into new markets and by introducing innovative new products.
The company has also focused on furthering its commitment to sustainability by reducing its impact on the environment through its operations and products. Looking ahead, SunPower Co. must continue to innovate in order to stay competitive in the rapidly changing solar energy industry. They must also continue to focus on delivering superior customer service in order to maintain their current base of customers and attract new ones. With the right strategies in place, SunPower Co can capitalize on the current trend towards renewable energy sources and become an even stronger leader in its industry.
Stock Price
On Friday, the share price of SunPower Co. opened at $15.4 and closed at $15.3, down 1.4% from the prior closing price of $15.6. Analysts have noted a number of risks for investing in SunPower Co., including its dependence on the solar industry, which is highly competitive and subject to technological change. SunPower Co. also faces pressure to retain its customers, as well as to develop new products and technologies to stay competitive in the market.
Additionally, SunPower Co.’s success is dependent on the industry’s acceptance and adoption of its offerings, and in this regard, the company’s ability to attract and retain quality customers will be essential. While the brokerage ratings of “Hold” may be seen as a dent in SunPower Co.’s share price, investors should note that the company has taken steps to protect its balance sheet through cost-savings measures, such as reducing its work force and selling off certain assets. SunPower Co. also recently announced a new strategy aimed at transforming the business from one that is highly concentrated in residential solar to one that is more diversified across various segments and technologies. This could potentially lead to improved performance in the coming years, as SunPower Co. expands into new markets and businesses. Ultimately, whether or not SunPower Co. shares are worth investing in depends on each individual investor’s risk tolerance and investment strategy. Investors should carefully consider the company’s financial performance, risk factors, and potential growth opportunities before making a decision. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sunpower Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 1.78k | 68.62 | 5.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sunpower Corporation. More…
| Operations | Investing | Financing |
| -172.28 | 377.36 | -51.94 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sunpower Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.72k | 1.15k | 3.2 |
Key Ratios Snapshot
Some of the financial key ratios for Sunpower Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.3% | 5.2% | 6.8% |
| FCF Margin | ROE | ROA |
| -12.4% | 15.5% | 4.4% |
Analysis
GoodWhale has conducted an analysis of SUNPOWER CORPORATION‘s fundamentals and, based on the Risk Rating given, has classified it as a high risk investment in terms of financial and business aspects. The analysis included a detailed review of the income sheet, balance sheet, cashflow statement and financial journal, where it was determined that the company poses several risk warnings. Examples of these risk warnings include issues with debt servicing, poor cash flow management, inconsistent earnings performance and a lack of liquidity. It is important for potential investors to be aware of these risks before investing in SUNPOWER CORPORATION. By becoming a registered user, potential investors can further analyze the risks and make an informed decision. GoodWhale’s analysis provides investors with comprehensive insights on the financial and business aspects of the company, allowing them to make the best decision possible. More…
Peers
Solar panel technology has come a long way in recent years, and SunPower Corp has been at the forefront of this innovation. The company’s unique technology has allowed it to become one of the leading manufacturers of solar panels in the world. However, SunPower Corp is not without competition. Enphase Energy Inc, Central Development Holdings Ltd, and PT Sky Energy Indonesia Tbk are all leading solar panel manufacturers that are vying for market share.
– Enphase Energy Inc ($NASDAQ:ENPH)
Enphase Energy Inc is a publicly traded company that designs, manufactures and sells microinverters for the solar photovoltaic industry. Enphase has a market cap of $32.82B as of 2022 and a Return on Equity of 58.92%. The company was founded in 2006 and is headquartered in Fremont, CA.
– Central Development Holdings Ltd ($SEHK:00475)
Central Development Holdings Ltd is a property development and investment company based in Hong Kong. The company’s market cap as of 2022 was 251.92M and its ROE was -15.66%. Central Development Holdings Ltd’s primary business activity is the development of residential and commercial properties in Hong Kong. The company also has a portfolio of investment properties in Mainland China.
– PT Sky Energy Indonesia Tbk ($IDX:JSKY)
Sky Energy Indonesia Tbk is the largest Indonesian-based integrated energy company with operations in exploration and production, refining, marketing and trading, power generation, and mining. The company has a market capitalization of $105.69 billion as of 2022 and a return on equity of -22.56%.
Sky Energy Indonesia Tbk is a vertically integrated energy company with operations in exploration and production, refining, marketing and trading, power generation, and mining. The company has a strong presence in the Indonesian energy market and is the largest Indonesian-based integrated energy company. The company has a market capitalization of $105.69 billion as of 2022 and a return on equity of -22.56%. Sky Energy Indonesia Tbk is a well-positioned to benefit from the growing demand for energy in Indonesia and the Asia Pacific region.
Summary
This means that the analysts who rated the company have concluded that neither a “Buy” nor a “Sell” rating is currently appropriate for the stock. Investors should be aware that the “Hold” rating does not indicate a lack of confidence in the company, but rather that more time is needed to properly assess the stock. They should be aware of the risks involved in investing in SunPower, for example, their exposure to market conditions and competitive pressures.
Investors should also monitor earnings and cash flows, as these can be indicators of potential changes in the value of SunPower’s stock. For those interested in investing in SunPower, it is important to research the company and its industry thoroughly before making any decisions.
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