In last trading session, Sunpower Corp (NASDAQ:SPWR) saw 5.02 million shares changing hands with its beta currently measuring 1.84. Company’s recent per share price level of $2.08 trading at $0.02 or 0.97% at ring of the bell on the day assigns it a market valuation of $365.00M. That closing price of SPWR’s stock is at a discount of -544.71% from its 52-week high price of $13.41 and is indicating a premium of 15.38% from its 52-week low price of $1.76. Taking a look at company’s average trading volume volume of 6.65 million if we extend that period to 3-months.
Sunpower Corp (NASDAQ:SPWR) trade information
Upright in the green during last session for gaining 0.97%, in the last five days SPWR remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $2.08 price level, adding 8.37% to its value on the day. Sunpower Corp’s shares saw a change of -56.94% in year-to-date performance and have moved 7.22% in past 5-day. Sunpower Corp (NASDAQ:SPWR) showed a performance of -25.71% in past 30-days.
Sunpower Corp (SPWR) estimates and forecasts
Statistics highlight that Sunpower Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -48.00% of value to its shares in past 6 months, showing an annual growth rate of 32.97% while that of industry is -10.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -271.40% in the current quarter and calculating -38.50% decrease in the next quarter. This year revenue growth is estimated to fall -13.10% from the last financial year’s standing.
21 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $324.62 million for the same. And 21 analysts are in estimates of company making revenue of $356.07 million in the next quarter that will end on Jun 2024. Company posted -$ and $477.14 million of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 24.51% during past 5 years.
SPWR Dividends
Sunpower Corp is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
