Headlines about Sunworks (NASDAQ:SUNW) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sunworks earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 44.6943933664717 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Sunworks (SUNW) opened at $1.03 on Tuesday. The company has a market cap of $24.56, a PE ratio of -2.78, a price-to-earnings-growth ratio of 0.84 and a beta of 1.51. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.17 and a current ratio of 1.35. Sunworks has a one year low of $0.90 and a one year high of $2.23.
Sunworks (NASDAQ:SUNW) last announced its quarterly earnings results on Tuesday, November 14th. The semiconductor company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.10). The business had revenue of $18.80 million for the quarter, compared to the consensus estimate of $26.10 million. Sunworks had a negative return on equity of 37.92% and a negative net margin of 9.73%. During the same quarter in the prior year, the business earned ($0.29) EPS. equities analysts expect that Sunworks will post -0.18 EPS for the current year.
Separately, Zacks Investment Research upgraded shares of Sunworks from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $2.67.
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Sunworks, Inc, formerly Solar3D, Inc, provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects.
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