Broker Outlook For The Week Ahead Vivint Solar, Inc. (NYSE:VSLR)
- Author: Zachary Reyes Jun 21, 2017,
Jun 21, 2017, 19:37
(NYSE:VSLR) opened at 4.00 on Friday.
Yet another important factor while evaluating a good buy/sell decision for Vivint Solar, Inc. Over the past month the firm's stock is -10.60%, -20.59% for the last quarter, -30.77% for the past six-months and -49.44% for the previous year. This indicates the dollar amount an investor can expect to invest in a company in order to receive one dollar of that company's earnings. Now it is offering a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. 306.97 million shares or 0.42% more from 305.68 million shares in 2016Q3 were reported. Also, CFO Dana C. Russell sold 149,500 shares of the company's stock in a transaction on Friday, May 12th. After a recent check, Vivint Solar Inc (NYSE:VSLR)'s 14-day RSI is presently at 91.87.
Previously Vivint Solar Inc (NYSE:VSLR) reported $-0.5 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.42 by $-0.08. Average estimation for the current quarter has been provided by 4 analysts.
VSLR's revenue has declined at an average annualized rate of about 0% during the past five years. Goldman Sachs upgraded the shares to "buy" from "neutral", and raised its price target to $6 from $3.50 - territory not charted since March 2016 - explaining the company could be an appealing M&A target.
VSLR has been the subject of a number of other reports.
Vivint Solar, Inc. (VSLR) has a market capitalization of 575 Million which suggests the company is a huge company further suggesting that the shares of Vivint Solar, Inc. State Street Corp holds 0% or 324,893 shares in its portfolio. The Return on Investment (ROI) ratio of Vivint Solar, Inc. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Furthermore on 9/08/16 JMP Securities "Initiates Coverage on" the stock to Market Perform at $9.
WARNING: This report was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this story on another publication, it was copied illegally and reposted in violation of worldwide copyright laws. The value of the investment in VSLR increased from $2,558,000 to $6,337,000 a change of $3,779,000 for the reporting period. The shares were sold at an average price of $2.84, for a total value of $571,408.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. (VSLR) Stock Rating Upgraded by Goldman Sachs Group, Inc. The shares were sold on May 25th for an average price of $3.10. The disclosure for this sale can be found here. Vivint Solar Inc (NYSE:VSLR) has risen 29.31% since June 21, 2016 and is uptrending. For the week, the stock is performing -1.82%. 5 funds opened positions while 22 raised stakes. Kcg Hldgs stated it has 0.01% in Vivint Solar Inc (NYSE:VSLR). State Street holds 0% or 324,893 shares in its portfolio. The share price of VSLR has increased by over 55.36% in the last six months. Dimensional Fund Advisors LP boosted its stake in shares of Vivint Solar by 76.2% in the fourth quarter. It has topped earnings-per-share estimates 63% of the time in its last 12 earnings reports. The stock rose 0.15% or $0.23 reaching $151.96 per share. Geode Cap Mngmt Ltd Liability Corporation owns 22,954 shares or 0% of their U.S. portfolio.
Investors are on alert as Chiasma, Inc. Following the completion of the transaction, the chief financial officer now directly owns 250,500 shares in the company, valued at $691,380. It is trading at $4.35 a tad above the 50 day moving average of $3.14 and which is a tad above the 200 day moving average of $3.00.
During the trading day, the stock price fluctuated between $4.6 and $5.3. The rating was maintained by RBC Capital Markets with "Outperform" on Tuesday, February 2.
Vivint Solar, Inc. offers distributed solar energy, electricity generated by a solar energy system installed at or near customers' locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers.