$-0.66 EPS Expected for SunPower Corporation (SPWR) on May, 8

April 17, 2018 - By Jenna Rose

SunPower Corporation (NASDAQ:SPWR) Corporate Logo
During 2017 Q4 the big money sentiment increased to 1.17. That’s change of 0.04, from 2017Q3’s 1.13. 24 investors sold all, 36 reduced holdings as SunPower Corporation ratio is positive. 34 increased stakes while 36 funds amassed stakes. Funds hold 35.28 million shares thus 4.46% more from 2017Q3’s 33.77 million shares.
D E Shaw And Com Inc reported 0% in SunPower Corporation (NASDAQ:SPWR). Guinness Atkinson Asset Mgmt reported 0.34% in SunPower Corporation (NASDAQ:SPWR). Bancorp Of America Corp De accumulated 0% or 124,217 shs. Jacobs Levy Equity Mgmt Incorporated has 0.02% invested in SunPower Corporation (NASDAQ:SPWR) for 154,200 shs. Blackrock invested in 0% or 4.19M shs. Moreover, State Street has 0% invested in SunPower Corporation (NASDAQ:SPWR). Credit Suisse Ag reported 94,352 shs stake. Raymond James And Associate, Florida-based fund reported 30,074 shs. Moreover, Bridgeway Cap Incorporated has 0.03% invested in SunPower Corporation (NASDAQ:SPWR) for 345,000 shs. Comml Bank Of Mellon Corporation reported 272,843 shs stake. 20,000 are owned by Fifth Third Bankshares. Deutsche Bancorp Ag has 148,429 shs for 0% of their capital. The Pennsylvania-based Pnc Fincl Service Group Inc Incorporated has invested 0% in SunPower Corporation (NASDAQ:SPWR). The Virginia-based Thompson Davis And has invested 0.01% in SunPower Corporation (NASDAQ:SPWR). Oz Limited Partnership invested in 12,500 shs or 0% of the stock.

SunPower Corporation had 1 sale and 0 insider buys since December 6, 2017. This’s net activity of $177,294.

Investors expect SunPower Corporation (NASDAQ:SPWR)’s quarterly earnings on May, 8., according to RTT. Analysts predict 57.14 % diference or $-0.66 from the $-0.42 EPS from 2017. Wall Street now forecasts -414.29 % negative EPS growth despite SunPower Corporation last quarter’s EPS of $0.21. Its shares touched $8.07 on during the last trading session after 1.59% change.Currently SunPower Corporation is uptrending after 28.34% change in last April 17, 2017. SPWR has also 1.27M shares volume. SPWR outperformed the S&P 500 by 16.79%.

SunPower Corporation (NASDAQ:SPWR) Ratings Coverage

Total analysts of 8 have positions in SunPower Corp (NASDAQ:SPWR) as follows: 2 rated it a “Buy”, 0 with “Sell” and 6 with “Hold”. The positive are 25%. Since October 19, 2017 according to StockzIntelligence Inc SunPower Corp has 11 analyst reports. On Thursday, October 19 Robert W. Baird maintained the shares of SPWR in report with “Hold” rating. In Friday, December 22 report Bank of America maintained it with “Neutral” rating and $10 target. On Thursday, November 2 the stock has “Buy” rating by Oppenheimer. On Wednesday, February 14 the company was maintained by Cowen & Co. The stock rating was maintained by JP Morgan with “Neutral” on Thursday, February 15. The company rating was upgraded by Robert W. Baird on Monday, December 11. The stock rating was maintained by Guggenheim with “Hold” on Thursday, January 18. On Thursday, February 15 the rating was downgraded by Oppenheimer to “Hold”. On Thursday, February 15 the rating was maintained by Robert W. Baird with “Buy”.

SunPower Corporation researches, develops, makes, and delivers solar solutions worldwide.The company has $1.14 billion market cap. It operates through three divisions: Residential, Commercial, and Power Plant.Last it reported negative earnings. The firm provides solar power components, including panels and other system components.

SunPower Corporation (NASDAQ:SPWR) Institutional Investors Chart

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