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Saturday, December 9, 2023

Value Investing Philosophy And Sunpower Corp (NASDAQ: SPWR)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Sunpower Corp (SPWR) shows that investor sentiment remained same, with the stock’s consolidated last price to $4.33. The Sunpower Corp has recorded 270,311 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Four Solar Sector Stocks Set To Soar in 2024.

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Stocks Info

SPWR belongs to the Technology sector of the NASDAQ while operating in the Solar industry. At the end of the last regular session, the stock closed at $4.33 and fluctuated between $4.6700 as its day high and $4.2900 as its day low. The current market capitalization of Sunpower Corp is $758.57M. A total of 4.44 million shares were traded on the day, compared to an average of 4.89M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, SPWR has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 31,608 and the disposition of 10,257 shares. Over the last 12 months, there were 37 BUYs and 15 SELLs from insiders. Insiders purchased 366,230 shares during that period but sold 125,999.

In the most recent transaction, Faricy Peter bought 7,500 shares of SPWR for 13.29 per share on Mar 16. After the transaction, the President and CEO now owns 177,458 company shares.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for SPWR in the last 3 months, the mean price target is $5.43 with high estimates of $17.80 and low estimates of $2.50. In terms of 52-week highs and lows, SPWR has a high of $24.97 and a low of $3.68.

As of this writing, SPWR has an earnings estimate of -$0.23 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.34. The company reported an EPS of -$0.13 in the last quarter, which was -160.00% lower than expectations of -$0.05.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. SPWR’s latest balance sheet shows that the firm has $493.01M in Cash & Short Term Investments as of fiscal 2021. There were $587.64M in debt and $505.63M in liabilities at the time. Its Book Value Per Share was $2.72, while its Total Shareholder’s Equity was $390.02M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 2.78.

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