During the last session, Maxeon Solar Technologies Ltd (NASDAQ:MAXN)’s traded shares were 2.06 million, with the beta value of the company hitting 1.62. At the end of the trading day, the stock’s price was $1.81, reflecting an intraday loss of -7.65% or -$0.15. The 52-week high for the MAXN share is $38.91, that puts it down -2049.72 from that peak though still a striking 3.87% gain since the share price plummeted to a 52-week low of $1.74. The company’s market capitalization is $95.53M, and the average trade volume was 2.26 million shares over the past three months.
Maxeon Solar Technologies Ltd (NASDAQ:MAXN) trade information
Maxeon Solar Technologies Ltd (MAXN) registered a -7.65% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.65% in intraday trading to $1.81, hitting a weekly high. The stock’s 5-day price performance is -14.22%, and it has moved by -41.99% in 30 days. Based on these gigs, the overall price performance for the year is -94.40%.
Maxeon Solar Technologies Ltd (MAXN) estimates and forecasts
In the rating firms’ projections, revenue will increase 5.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 229M as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 193.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 323.5M and 318.33M respectively. In this case, analysts expect current quarter sales to shrink by -29.20% and then drop by -39.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 28.81%. While earnings are projected to return -63.31% in 2024.
MAXN Dividends
Maxeon Solar Technologies Ltd 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.
