The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for SunPower Corporation (SPWR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.13%, to $15.60. The SunPower Corporation has recorded 32,860 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that SunPower Presents Official Energy Track Panel and Exclusive Event at SXSW 2023.
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SunPower Corporation is listed on the NASDAQ as a member of the Technology sector and is a part of the Solar industry. At the end of the last regular session, the stock closed at $15.58 and fluctuated between $15.73 as its day high and $15.05 as its day low. The current market capitalization of SunPower Corporation is $2.63B. A total of 3.39 million shares were traded on the day, compared to an average of 3.95M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SPWR has seen 3 BUY and 4 SELL insider trades, representing the acquisition of 35,774 and the disposition of 13,050 shares. Over the last 12 months, there were 19 BUYs and 21 SELLs from insiders. Insiders purchased 207,008 shares during that period but sold 132,081,705.
In the most recent transaction, Heang Vichheka sold 3,500 shares of SPWR for 22.01 per share on Nov 14. After the transaction, the Principal Accounting Officer now owns 3,181 company shares. In a previous transaction on Aug 15, Sial Manavendra sold 25,000 shares at 26.63 per share. SPWR shares that EVP and CFO owns now total 50,810.
Among the insiders who sold shares, Richards Douglas J. disposed of 23,912 shares on Aug 10 at a per-share price of $25.90. This resulted in the EVP, Administration holding 23,909 shares of SPWR after the transaction. In another insider transaction, Heang Vichheka sold 14,000 shares at $24.95 per share on Aug 10. Company shares held by the Principal Accounting Officer now total 5,046.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SPWR in the last 3 months, the mean price target is $19.33 with high estimates of $27.00 and low estimates of $13.00. In terms of 52-week highs and lows, SPWR has a high of $28.42 and a low of $12.78.
As of this writing, SPWR has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.17 per share and a lower estimate of $0.04. The company reported an EPS of $0.03 in the last quarter, which was -25.00% lower than expectations of $0.04.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 27 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SPWR is Sell with a score of 2.89. A total of 2 analysts rated the stock as Buy while 3 rated it as Overweight while 18 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.