Sunpower Corp (NASDAQ: SPWR) Stock Has Dropped -20.29% Over The Month – Is There Room For Growth?

Sunpower Corp (NASDAQ:SPWR)’s traded shares stood at 2.71 million during the last session, with the company’s beta value hitting 1.92. At the close of trading, the stock’s price was $2.20, to imply a decrease of -5.58% or -$0.13 in intraday trading. The SPWR share’s 52-week high remains $12.18, putting it -453.64% down since that peak but still an impressive 20.0% since price per share fell to its 52-week low of $1.76. The company has a valuation of $386.06M, with an average of 6.13 million shares over the past 3 months.

Sunpower Corp (NASDAQ:SPWR) trade information

After registering a -5.58% downside in the last session, Sunpower Corp (SPWR) has traded red over the past five days. The stock hit a weekly high of 2.49, dropping -5.58% in its intraday price action. The 5-day price performance for the stock is 5.77%, and -20.29% over 30 days. With these gigs, the year-to-date price performance is -54.45%.

Sunpower Corp (SPWR) estimates and forecasts

Looking at statistics comparing Sunpower Corp share performance against respective industry, we note that the company has outperformed competitors. Sunpower Corp (SPWR) shares are -48.72% down over the last 6 months, with its year-to-date growth rate higher than industry average at 32.97% against -4.20%. The rating firms project that company’s revenue will shrink -13.10% compared to the previous financial year.

Revenue forecast for the current quarter as set by 21 analysts is 324.62M. Meanwhile, for the current quarter, a total of 21 analyst(s) estimate revenue growth to 356.07M.

SPWR Dividends

Sunpower Corp has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Sunpower Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.