A Stock You Ought To Watch Is Sunpower Corp (NASDAQ: SPWR)

During the last session, Sunpower Corp (NASDAQ:SPWR)’s traded shares were 4.98 million, with the beta value of the company hitting 1.84. At the end of the trading day, the stock’s price was $1.94, reflecting an intraday loss of -1.02% or -$0.02. The 52-week high for the SPWR share is $14.49, that puts it down -646.91 from that peak though still a striking 9.28% gain since the share price plummeted to a 52-week low of $1.76. The company’s market capitalization is $340.43M, and the average trade volume was 6.68 million shares over the past three months.

Sunpower Corp (NASDAQ:SPWR) trade information

Sunpower Corp (SPWR) registered a -1.02% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.02% in intraday trading to $1.94, hitting a weekly high. The stock’s 5-day price performance is -16.02%, and it has moved by -24.51% in 30 days. Based on these gigs, the overall price performance for the year is -86.35%.

Sunpower Corp (SPWR) estimates and forecasts

Statistics show that Sunpower Corp has outperformed its competitors in share price, compared to the industry in which it operates. Sunpower Corp (SPWR) shares have gone down -60.89% during the last six months, with a year-to-date growth rate more than the industry average at 32.97% against -10.10. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -271.40% this quarter and then drop -30.80% in the quarter after that. In the rating firms’ projections, revenue will decrease -13.10% compared to the previous financial year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.51%. While earnings are projected to return 39.29% in 2024.

SPWR Dividends

Sunpower Corp is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sunpower Corp (NASDAQ:SPWR)’s Major holders