Headlines about Vivint Solar (NYSE:VSLR) have trended somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Vivint Solar earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the semiconductor company an impact score of 45.687523704605 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Vivint Solar, Inc. (VSLR) Set to Announce Earnings on Monday (americanbankingnews.com)
- Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of Purchasers of Securities of Vivint Solar, Inc. — VSLR (finance.yahoo.com)
- ETFs with exposure to Vivint Solar, Inc. : October 23, 2017 (finance.yahoo.com)
- Vivint Solar, Inc. (VSLR) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
Several research analysts have recently commented on VSLR shares. Deutsche Bank AG downgraded Vivint Solar from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Wednesday, August 9th. BidaskClub downgraded Vivint Solar from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 11th. Zacks Investment Research upgraded Vivint Solar from a “hold” rating to a “buy” rating and set a $5.25 target price for the company in a research note on Saturday, August 12th. ValuEngine downgraded Vivint Solar from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Guggenheim started coverage on Vivint Solar in a research note on Wednesday, September 27th. They set a “buy” rating and a $5.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the stock. Vivint Solar presently has an average rating of “Hold” and a consensus price target of $4.71.
Vivint Solar (VSLR) traded down 1.33% during mid-day trading on Monday, reaching $3.70. The company had a trading volume of 171,035 shares. The company’s 50-day moving average is $3.83 and its 200-day moving average is $4.14. Vivint Solar has a one year low of $2.50 and a one year high of $6.09. The stock has a market capitalization of $423.52 million, a PE ratio of 7.77 and a beta of -0.34.
Vivint Solar (NYSE:VSLR) last announced its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.40) by $0.07. Vivint Solar had a negative return on equity of 26.46% and a net margin of 26.35%. The business had revenue of $73.00 million during the quarter, compared to analyst estimates of $65.41 million. During the same period in the prior year, the company earned $0.12 earnings per share. Vivint Solar’s revenue was up 109.2% compared to the same quarter last year. Equities research analysts anticipate that Vivint Solar will post ($1.48) earnings per share for the current year.
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About Vivint Solar
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.
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