Press coverage about Sunworks (NASDAQ:SUNW) has trended somewhat negative recently, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sunworks earned a news sentiment score of -0.05 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 46.8170067807248 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
SUNW has been the topic of several recent analyst reports. ValuEngine upgraded shares of Sunworks from a “strong sell” rating to a “sell” rating in a report on Wednesday, September 13th. Chardan Capital upgraded shares of Sunworks from a “neutral” rating to a “buy” rating and set a $2.50 target price on the stock in a report on Monday, October 2nd. Finally, Zacks Investment Research lowered shares of Sunworks from a “hold” rating to a “sell” rating in a report on Friday, November 17th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $2.67.
Shares of Sunworks (NASDAQ SUNW) traded down $0.01 during trading hours on Friday, hitting $0.99. 73,676 shares of the company’s stock were exchanged, compared to its average volume of 226,251. Sunworks has a 52 week low of $0.90 and a 52 week high of $2.29. The company has a current ratio of 1.35, a quick ratio of 1.17 and a debt-to-equity ratio of 0.08.
Sunworks (NASDAQ:SUNW) last announced its quarterly earnings data on Tuesday, November 14th. The semiconductor company reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.10). The firm had revenue of $18.80 million during the quarter, compared to analysts’ expectations of $26.10 million. Sunworks had a negative net margin of 9.73% and a negative return on equity of 37.92%. During the same period in the prior year, the company posted ($0.29) earnings per share. research analysts forecast that Sunworks will post -0.18 earnings per share for the current year.
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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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