Sunworks (SUNW) to Release Quarterly Earnings on Friday

Sunworks (NASDAQ:SUNWGet Rating) is scheduled to announce its earnings results before the market opens on Friday, March 10th. Analysts expect the company to announce earnings of ($0.12) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Sunworks Trading Down 3.1 %

NASDAQ:SUNW opened at $1.88 on Wednesday. The company has a market cap of $66.15 million, a P/E ratio of -1.65 and a beta of 1.95. The stock’s fifty day moving average price is $1.99 and its two-hundred day moving average price is $2.39. Sunworks has a 1 year low of $1.23 and a 1 year high of $5.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.63 and a quick ratio of 1.06.

Analysts Set New Price Targets

Separately, EF Hutton Acquisition Co. I assumed coverage on Sunworks in a research report on Monday, December 12th. They set a “buy” rating and a $5.00 target price on the stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Prudential Financial Inc. bought a new position in shares of Sunworks in the second quarter worth $28,000. First Republic Investment Management Inc. bought a new position in Sunworks in the first quarter valued at $29,000. XTX Topco Ltd bought a new position in Sunworks in the first quarter valued at $40,000. Engineers Gate Manager LP bought a new position in Sunworks in the third quarter valued at $50,000. Finally, Verition Fund Management LLC bought a new position in Sunworks in the first quarter valued at $54,000. Institutional investors own 16.18% of the company’s stock.

Sunworks Company Profile

(Get Rating)

Sunworks, Inc engages in the provision of photovoltaic and battery based power and storage systems for the residential and commercial markets. It operates through the Solcius and Sunworks business segments. The Solcius segment focuses on residential projects. The Sunworks segment deals with commercial projects including commercial, agricultural, industrial, and public works projects.

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Earnings History for Sunworks (NASDAQ:SUNW)

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