Vivint Solar, Inc. Common Stock (NYSE:VSLR):
Vivint Solar Installs More Than 2,700 Rooftop Solar Panels At Vivint Smart Home Arena.
The company is up from yesterday’s close of $3.1.
It is currently trading at $3.15 which is marginally higher than the 50 day moving average which is $3.12 and slightly over the 200 day moving average of $3.05. The 50 day moving average was up $0.03 or +0.85% and the 200 day average went up by +3.18%.
In the latest earnings report the EPS was $-0.30 and is estimated to be $-2.03 for the current year with 107,713,000 shares presently outstanding. Next quarter’s EPS is expected be $-0.47 with next year’s EPS projected to be $-1.98.
A few analysts have weighed in on Vivint Solar, Inc. Common Stock of late. On September 8, 2016 JMP Securities started coverage setting a rating of “Market Perform” and projecting a price target of $9.00. On June 21 analysts at Oppenheimer began coverage with an initial rating of “Perform”.
On May 27 the company was upgraded from “Hold” to “Buy” in a statement from Deutsche Bank. Bank of America began coverage of VSLR by announcing an initial rating of “Underperform”.
March 17 investment analysts at Credit Suisse made no change to the stock rating of “Neutral” and lowered the price target to $6.00 from $16.50. On March 9 Deutsche Bank kept the stock rating at “Hold” and lowered the price expectation from $16.50 to $4.50.