SunPower Corporation (SPWR) is an energy services company.
The firm designs, manufactures, and delivers solar systems to residential, commercial, and utility customers. It operates in three segments: the Americas, the EMEA, and the APAC.
The company offers solar power products, including panels, balance of system components, and inverters. It also designs, manufactures, and sells high-performance rooftop and ground-mounted solar power systems, as well as utility-scale photovoltaic power plants. In addition, the company offers operations and maintenance services, including remote monitoring, preventative, and corrective maintenance services, as well as rapid-response outage restoration and inverter repair services. Further, it leases solar power systems to residential customers.
The company serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners.
Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock. Here are some key statistics for this stock:
Trailing P/E (ttm, intraday): | 27.84 |
Forward P/E (fye Dec 29, 2015)1: | 24.99 |
PEG Ratio (5 yr expected)1: | 1.06 |
Price/Sales (ttm): | 2.09 |
Price/Book (mrq): | 4.43 |
52-Week Trading Range: $20.57 - $42.07
Entry Point: $40.98
Stop Loss: $38.93
Target Price: $45.10
SPWR fell below our stop loss, closed at $39.00