Is SunPower Stock a Good Investment?
SunPower Investment Advice | SPWR |
- Examine SunPower's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research SunPower's leadership team and their track record. Good management can help SunPower navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact SunPower's business and its evolving consumer preferences.
- Compare SunPower's performance and market position to its competitors. Analyze how SunPower is positioned in terms of product offerings, innovation, and market share.
- Check if SunPower pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about SunPower's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in SunPower stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if SunPower is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Inconclusive | Details |
Examine SunPower Stock
Researching SunPower's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.43. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. SunPower has Price/Earnings To Growth (PEG) ratio of 0.02. The entity recorded a loss per share of 1.3. The firm had not issued any dividends in recent years. SunPower had 1527:1000 split on the 27th of August 2020.
To determine if SunPower is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding SunPower's research are outlined below:
| SunPower had very high historical volatility over the last 90 days | |
| SunPower has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 1.69 B. Net Loss for the year was (227.1 M) with profit before overhead, payroll, taxes, and interest of 363.9 M. | |
| SunPower currently holds about 535.24 M in cash with (139.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| SunPower has a frail financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: SunPower COO Jennifer Johnston to Depart June 7 |
SunPower uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in SunPower. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SunPower's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact SunPower's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises SunPower's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-08-02 | 2022-06-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2022-05-05 | 2022-03-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2022-02-16 | 2021-12-31 | 0.04 | 0.03 | -0.01 | 25 | ||
2020-10-28 | 2020-09-30 | -0.05 | -0.04 | 0.01 | 20 | ||
2006-04-20 | 2006-03-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2006-01-26 | 2005-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2023-02-15 | 2022-12-31 | 0.13 | 0.15 | 0.02 | 15 | ||
2011-05-12 | 2011-03-31 | 0.17 | 0.15 | -0.02 | 11 |
SunPower Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. SunPower target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. SunPower's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 27 | Hold |
Most SunPower analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand SunPower stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of SunPower, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSunPower Target Price Projection
SunPower's current and average target prices are 2.98 and 7.52, respectively. The current price of SunPower is the price at which SunPower is currently trading. On the other hand, SunPower's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On SunPower Target Price
SunPower Analyst Ratings
SunPower's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about SunPower stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of SunPower's financials, market performance, and future outlook by experienced professionals. SunPower's historical ratings below, therefore, can serve as a valuable tool for investors.Know SunPower's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as SunPower is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SunPower backward and forwards among themselves. SunPower's institutional investor refers to the entity that pools money to purchase SunPower's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Squarepoint Ops Llc | 2023-12-31 | 1.3 M | Bnp Paribas Arbitrage, Sa | 2023-12-31 | 1.3 M | First Trust Advisors L.p. | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 954.5 K | Jpmorgan Chase & Co | 2023-12-31 | 920.9 K | Jane Street Group, Llc | 2023-12-31 | 851.6 K | Charles Schwab Investment Management Inc | 2024-03-31 | 728.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 662.8 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 656.7 K | Blackrock Inc | 2023-12-31 | 20.9 M | Vanguard Group Inc | 2024-03-31 | 9.7 M |
SunPower's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 512.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SunPower's market, we take the total number of its shares issued and multiply it by SunPower's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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SunPower's profitablity analysis
SunPower's profitability indicators refer to fundamental financial ratios that showcase SunPower's ability to generate income relative to its revenue or operating costs. If, let's say, SunPower is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, SunPower's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of SunPower's profitability requires more research than a typical breakdown of SunPower's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.20) | (0.21) | |
| Return On Capital Employed | (0.39) | (0.37) | |
| Return On Assets | (0.18) | (0.19) | |
| Return On Equity | (0.81) | (0.77) |
Determining SunPower's profitability involves analyzing its financial statements and using various financial metrics to determine if SunPower is a good buy. For example, gross profit margin measures SunPower's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of SunPower's profitability and make more informed investment decisions.
SunPower's Earnings Breakdown by Geography
The data published in SunPower's official financial statements usually reflect SunPower's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of SunPower. For example, before you start analyzing numbers published by SunPower accountants, it's critical to develop an understanding of what SunPower's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of SunPower's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SunPower's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in SunPower's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of SunPower. Please utilize our Beneish M Score to check the likelihood of SunPower's management manipulating its earnings.
Evaluate SunPower's management efficiency
SunPower has return on total asset (ROA) of (0.0714) % which means that it has lost $0.0714 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5144) %, meaning that it created substantial loss on money invested by shareholders. SunPower's management efficiency ratios could be used to measure how well SunPower manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/28/2024, Return On Tangible Assets is likely to drop to -0.21. In addition to that, Return On Capital Employed is likely to grow to -0.37. At this time, SunPower's Fixed Asset Turnover is relatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.75 | 1.66 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.95 | 0.90 | |
| Enterprise Value Over EBITDA | (9.00) | (8.55) | |
| Price Book Value Ratio | 2.79 | 3.20 | |
| Enterprise Value Multiple | (9.00) | (8.55) | |
| Price Fair Value | 2.79 | 3.20 | |
| Enterprise Value | 1.7 B | 1.2 B |
The analysis of SunPower's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze SunPower's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of SunPower Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.616 |
Basic technical analysis of SunPower Stock
As of the 28th of May, SunPower has the Coefficient Of Variation of 3150.53, semi deviation of 6.58, and Risk Adjusted Performance of 0.0279. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SunPower, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for SunPower, which can be compared to its competition. Please validate SunPower variance and potential upside to decide if SunPower is priced more or less accurately, providing market reflects its prevalent price of 2.98 per share. Please also confirm SunPower total risk alpha, which is currently at (0.35) to double-check the company can sustain itself at a future point.SunPower's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SunPower insiders, such as employees or executives, is commonly permitted as long as it does not rely on SunPower's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SunPower insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Douglas Richards over three weeks ago Acquisition by Douglas Richards of 157 shares of SunPower subject to Rule 16b-3 | ||
Louden Steve over two months ago Disposition of 12020 shares by Louden Steve of SunPower subject to Rule 16b-3 | ||
Totalenergies Se over two months ago Disposition of tradable shares by Totalenergies Se of SunPower at 0.01 subject to Rule 16b-3 | ||
Patrick Wood over three months ago Exercise or conversion by Patrick Wood of 6449 shares of SunPower subject to Rule 16b-3 | ||
Zibelman Audrey over six months ago Exercise or conversion by Zibelman Audrey of 10238 shares of SunPower subject to Rule 16b-3 | ||
Patrick Wood over six months ago Exercise or conversion by Patrick Wood of 2111 shares of SunPower subject to Rule 16b-3 |
Understand SunPower's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing SunPower's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0279 | |||
| Market Risk Adjusted Performance | 0.1434 | |||
| Mean Deviation | 5.76 | |||
| Semi Deviation | 6.58 | |||
| Downside Deviation | 6.77 | |||
| Coefficient Of Variation | 3150.53 | |||
| Standard Deviation | 10.1 | |||
| Variance | 101.93 | |||
| Information Ratio | 0.027 | |||
| Jensen Alpha | 0.222 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | 0.1334 | |||
| Maximum Drawdown | 88.79 | |||
| Value At Risk | (8.41) | |||
| Potential Upside | 14.23 | |||
| Downside Variance | 45.86 | |||
| Semi Variance | 43.24 | |||
| Expected Short fall | (7.93) | |||
| Skewness | 2.94 | |||
| Kurtosis | 18.71 |
| Risk Adjusted Performance | 0.0279 | |||
| Market Risk Adjusted Performance | 0.1434 | |||
| Mean Deviation | 5.76 | |||
| Semi Deviation | 6.58 | |||
| Downside Deviation | 6.77 | |||
| Coefficient Of Variation | 3150.53 | |||
| Standard Deviation | 10.1 | |||
| Variance | 101.93 | |||
| Information Ratio | 0.027 | |||
| Jensen Alpha | 0.222 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | 0.1334 | |||
| Maximum Drawdown | 88.79 | |||
| Value At Risk | (8.41) | |||
| Potential Upside | 14.23 | |||
| Downside Variance | 45.86 | |||
| Semi Variance | 43.24 | |||
| Expected Short fall | (7.93) | |||
| Skewness | 2.94 | |||
| Kurtosis | 18.71 |
Consider SunPower's intraday indicators
SunPower intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of SunPower stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1.7 M | |||
| Daily Balance Of Power | 0.1395 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 3.15 | |||
| Day Typical Price | 3.09 | |||
| Price Action Indicator | (0.13) | |||
| Period Momentum Indicator | 0.06 |
SunPower Corporate Filings
8K | 24th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 13th of May 2024 Other Reports | ViewVerify | |
F4 | 3rd of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 19th of March 2024 Other Reports | ViewVerify |
SunPower Stock media impact
Far too much social signal, news, headlines, and media speculation about SunPower that are available to investors today. That information is available publicly through SunPower media outlets and privately through word of mouth or via SunPower internal channels. However, regardless of the origin, that massive amount of SunPower data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of SunPower news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of SunPower relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to SunPower's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive SunPower alpha.
SunPower Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards SunPower can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
SunPower Historical Investor Sentiment
Investor biases related to SunPower's public news can be used to forecast risks associated with an investment in SunPower. The trend in average sentiment can be used to explain how an investor holding SunPower can time the market purely based on public headlines and social activities around SunPower. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SunPower's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SunPower and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average SunPower news discussions. The higher the estimate score, the more favorable the investor's outlook on SunPower.
SunPower Maximum Pain Price across 2024-05-31 Option Contracts
SunPower's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of SunPower close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of SunPower's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in SunPower without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SunPower Corporate Management
Elected by the shareholders, the SunPower's board of directors comprises two types of representatives: SunPower inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SunPower. The board's role is to monitor SunPower's management team and ensure that shareholders' interests are well served. SunPower's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SunPower's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vichheka Heang | Principal Accounting Officer | Profile | |
| Derek Kuzak | Quality Chain | Profile | |
| Tony Garzolini | Executive Officer | Profile | |
| June Sauvaget | Ex Officer | Profile |
How to buy SunPower Stock?
To provide specific investment advice or recommendations on SunPower stock, we recommend investors consider the following general factors when evaluating SunPower. This will help you to make an informed decision on whether to include SunPower in one of your diversified portfolios:- Examine SunPower's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research SunPower's leadership team and their track record. Good management can help SunPower navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact SunPower's business and its evolving consumer preferences.
- Compare SunPower's performance and market position to its competitors. Analyze how SunPower is positioned in terms of product offerings, innovation, and market share.
- Check if SunPower pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about SunPower's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in SunPower stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if SunPower is a good investment.
Already Invested in SunPower?
The danger of trading SunPower is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SunPower is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SunPower. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SunPower is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SunPower is a strong investment it is important to analyze SunPower's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunPower's future performance. For an informed investment choice regarding SunPower Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunPower. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. To learn how to invest in SunPower Stock, please use our How to Invest in SunPower guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for SunPower Stock analysis
When running SunPower's price analysis, check to measure SunPower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SunPower is operating at the current time. Most of SunPower's value examination focuses on studying past and present price action to predict the probability of SunPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunPower's price. Additionally, you may evaluate how the addition of SunPower to your portfolios can decrease your overall portfolio volatility.
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Is SunPower's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SunPower. If investors know SunPower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SunPower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.63) | Earnings Share (1.30) | Revenue Per Share 9.628 | Quarterly Revenue Growth (0.28) | Return On Assets (0.07) |
The market value of SunPower is measured differently than its book value, which is the value of SunPower that is recorded on the company's balance sheet. Investors also form their own opinion of SunPower's value that differs from its market value or its book value, called intrinsic value, which is SunPower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SunPower's market value can be influenced by many factors that don't directly affect SunPower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between SunPower's value and its price, as these two are different measures arrived at by various means. Investors typically determine if SunPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunPower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.