After The Stock Rose 1.03% Over The Week, Is Complete Solaria Inc (NASDAQ: CSLR) Still A Buy?

Complete Solaria Inc (NASDAQ:CSLR)’s traded shares stood at 1.48 million during the last session, with the company’s beta value hitting 0.92. At the close of trading, the stock’s price was $1.96, to imply a decrease of -12.50% or -$0.28 in intraday trading. The CSLR share’s 52-week high remains $3.37, putting it -71.94% down since that peak but still an impressive 89.8% since price per share fell to its 52-week low of $0.20. The company has a valuation of $105.81M, with an average of 0.78 million shares in intraday trading volume over the past 10 days and average of 714.60K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Complete Solaria Inc (CSLR), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give CSLR a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.14.

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Complete Solaria Inc (NASDAQ:CSLR) trade information

After registering a -12.50% downside in the last session, Complete Solaria Inc (CSLR) has traded red over the past five days. The 5-day price performance for the stock is 1.03%, and -17.30% over 30 days. With these gigs, the year-to-date price performance is 22.12%. Short interest in Complete Solaria Inc (NASDAQ:CSLR) saw shorts transact 1.25 million shares and set a 1.43 days time to cover.

Complete Solaria Inc (CSLR) estimates and forecasts

The rating firms project that company’s revenue will grow 11.32% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 3M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 76.5M.Earnings reports from the last fiscal year show that sales brought in 24.59M and 20.73M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -87.80% before jumping 269.05% in the following quarter.

CSLR Dividends

Complete Solaria Inc has its next earnings report out on 2024-Nov-13. 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.

Complete Solaria Inc (NASDAQ:CSLR)’s Major holders

Complete Solaria Inc insiders hold 31.97% of total outstanding shares, with institutional holders owning 29.09% of the shares at 42.76% float percentage. In total, 29.09% institutions holds shares in the company.