SunPower Corporation (SPWR) Given Daily Media Impact Score of -0.01

Media coverage about SunPower Corporation (NASDAQ:SPWR) has trended somewhat negative this week, according to Alpha One. The research group, a subsidiary of Accern, ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SunPower Corporation earned a news impact score of -0.01 on Alpha One’s scale. Alpha One also assigned news stories about the semiconductor company an impact score of 80 out of 100, meaning that recent media coverage is likely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected AlphaOne’s scoring:

Insider Buying and Selling by Quarter for SunPower Corporation (NASDAQ:SPWR)

Shares of SunPower Corporation (NASDAQ:SPWR) traded down 0.26% on Friday, hitting $7.57. 1,825,677 shares of the company’s stock were exchanged. The firm’s market cap is $1.06 billion. SunPower Corporation has a 12 month low of $5.84 and a 12 month high of $16.41. The stock’s 50 day moving average is $7.60 and its 200 day moving average is $7.20.

SunPower Corporation (NASDAQ:SPWR) last issued its quarterly earnings data on Tuesday, May 9th. The semiconductor company reported ($0.36) EPS for the quarter, beating the consensus estimate of ($0.49) by $0.13. The company had revenue of $429.50 million during the quarter, compared to analysts’ expectations of $388.07 million. SunPower Corporation had a negative net margin of 20.21% and a negative return on equity of 10.47%. SunPower Corporation’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.30) earnings per share. On average, equities analysts predict that SunPower Corporation will post ($1.02) earnings per share for the current year.

A number of research analysts recently commented on SPWR shares. Vetr lowered shares of SunPower Corporation from a “strong-buy” rating to a “buy” rating and set a $9.59 price target on the stock. in a research note on Tuesday, February 21st. Zacks Investment Research upgraded shares of SunPower Corporation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 18th. Finally, ValuEngine upgraded shares of SunPower Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $9.13.

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About SunPower Corporation

SunPower Corporation is a global energy company. The Company delivers complete solar solutions to residential, commercial, and power plant customers. The Company’s segments include Residential Segment, Commercial Segment and Power Plant Segment. The Residential and Commercial Segments combined are referred to as Distributed Generation.

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