Sunworks, Inc.

Report azionario NasdaqCM:SUNW

Capitalizzazione di mercato: US$11.9m

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Sunworks Performance degli utili passati

Criteri Il passato verificati 0/6

Gli utili di Sunworks sono diminuiti a un tasso medio annuo di -37.5%, mentre il settore Electrical ha visto gli utili crescere a un tasso medio annuo di 17.7%. I ricavi sono cresciuti crescere a un tasso medio annuo di 25.5%.

Informazioni chiave

-37.55%

Tasso di crescita degli utili

18.28%

Tasso di crescita dell'EPS

Electrical Crescita del settore9.91%
Tasso di crescita dei ricavi25.55%
Rendimento del capitale proprio-289.21%
Margine netto-40.36%
Ultimo aggiornamento sugli utili30 Sep 2023

Aggiornamenti sulle prestazioni recenti

Recent updates

Articolo di analisi • Aug 16

Investors Give Sunworks, Inc. (NASDAQ:SUNW) Shares A 26% Hiding

The Sunworks, Inc. ( NASDAQ:SUNW ) share price has softened a substantial 26% over the previous 30 days, handing back...
Articolo di analisi • Mar 04

We Think Sunworks (NASDAQ:SUNW) Needs To Drive Business Growth Carefully

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Seeking Alpha • Oct 05

Sunworks: Strategy Initiatives Are A Step In Right Direction

Summary Sunworks is benefiting from strong demand for residential rooftop solar installations. The recently passed Inflation Reduction Act with incentives toward clean energy is a boom for the industry. The company's outlook is positive although weak earnings and negative cash flows will likely limit the upside in SUNW stock. Sunworks, Inc. (SUNW) is a provider of solar power systems and energy storage solutions. Rising utility costs have supported the growing adoption of rooftop solar applications with the number of residential installations accelerating this year as a strong point in the company's operating profile. The attraction here is the positive market outlook, particularly amid the "Inflation Reduction Act" that includes billions in incentives towards clean energy solutions. On the other hand, the challenge for Sunworks is to translate that momentum into positive earnings with the latest quarterly result highlighted by a widening loss. We view management plans to improve margins going forward which we view as a step in the right direction. We like the stock which benefits from several bullish tailwinds although the recurring negative earnings and a cash flow bleed are likely to limit the upside in the near term. SUNW Key Metrics The company last reported its Q2 earnings back in early August with a GAAP EPS loss of -$0.23 which missed the consensus by $0.02. Revenue of $36.4 million climbed by 13% year-over-year, coming in above estimates. The context here considers stronger growth from its core Residential Solar segment with revenue of $32.5 million, which climbed by 42% y/y, balancing a 19% decrease in the smaller Commercial Solar Energy or CSE group to $3.9 million. The gross profit at $16.9 million increased by 11% even as the margin declined by 90 basis points reflecting higher materials and labor costs. Negative adjusted EBITDA at -$5.7 million grew compared to -$1.7 million in the period last year. source: company IR Management explains that the poor performance from the CSE segment was based on lower orders from previous quarters while activity picked up in Q2. The firmwide backlog reached $96.8 million, up by $33 million sequentially from Q1 and 55% y/y. By this measure, the outlook is for a stronger second half of the year with both segments contributing positively to the top line. During the earnings conference call, a big theme from Sunworks was the strong residential market demand that has been hard to keep up with. To address the issues and improve financials, the strategic update is focusing on 4 key points. The plan is to increase the speed and number of installations to help make the company more efficient. The company is also pushing more towards a direct sales model in addition to its third-party distribution channels. The early success has been positive with the Q2 direct sales team responsible for 15% of installation revenue compared to just 5% in Q2 2021. Finally, the main goal here is to drive margin expansion. Clearing the backlog while making its procurement process more efficient is expected to support higher earnings over the long run. source: company IR While the company does not provide forward earnings guidance, the expectation is for further sales growth through the second half of the year. As it relates to the balance sheet, Sunworks ended the quarter with $12 million in cash against zero long-term financial debt. Still, keep in mind that company cash flow from operation was a negative $9 million in Q2 with liquidity being funded by regular equity issuances. Data by YCharts SUNW Stock Price Forecast Amid a challenging macro environment considering persistent inflation, and climbing interest rates, solar has been one of the hottest sectors this year. As mentioned, record high oil and gas prices have added demand for renewable energy alternatives. According to the Solar Energy Industries Association (SEIA), Q2 was a record quarter for residential installations in the United States with 1.4GW capacity installed, up 37% from Q2 2021. Sunworks' 42% revenue growth in the residential segment implies the company grew above the industry rate. SEIA is also very bullish on the impact of the Inflation Reduction Act as a major growth catalyst over the next few years. The forecast is for total solar deployment to increase by 40% from the current installed capacity by 2027. The opportunity is for Sunworks to capture an increasing portion of that underlying demand as part of the bullish case for the stock. Favorably, shares of SUNQ are trading above $3.00 per share which is up more than 100% from its Q1 low of $1.23 back in March. The initial Inflation Reduction Act enthusiasm sent shares to a high near $5.00 in August which now represents an important level of resistance following the recent correction. As a nano-cap stock with a market value still under $100 million, the wide trading range and ongoing volatility are to be expected. To the upside, the stock would need to make a move above $4.00 to get the bulls firmly back in control. Seeking Alpha Again, the trend of recurring negative cash flows and a recurring loss is likely the most bearish headwind limiting the upside in the share price of SUNW. In our opinion, this dynamic is likely to continue for the foreseeable future. The company will need to significantly accelerate the top line momentum for operating income or even adjusted EBITDA to begin approaching breakeven. The other issue is that the solar industry is highly competitive and even crowded among several larger and more capitalized players that benefit from scale. Notably, shares of SUNW trade at a discounted sales multiple with the EV to forward revenue metric at just 0.5x compared to peers like SunPower Corp (SPWR) at 2.5x, SolarEdge Technologies Inc. (SEDG) at 4.2x, and First Solar Inc. (FSLR) at 4.9x. In these cases, the valuation spread reflects stronger earnings with a clearer path to profitability in contrast to SUNW which has some deficiencies.
Articolo di analisi • Aug 13

Earnings Beat: Sunworks, Inc. (NASDAQ:SUNW) Just Beat Analyst Forecasts, And Analysts Have Been Lifting Their Forecasts

Shareholders will be ecstatic, with their stake up 68% over the past week following Sunworks, Inc. 's ( NASDAQ:SUNW...
Seeking Alpha • Aug 08

Sunworks Q2 2022 Earnings Preview

Sunworks (NASDAQ:SUNW) is scheduled to announce Q2 earnings results on Tuesday, August 9th, before market open. The consensus EPS Estimate is -$0.20 (-185.7% Y/Y) and the consensus Revenue Estimate is $33.45M (+4.2% Y/Y). Over the last 3 months, EPS estimates have seen 0 upward revisions and 2 downward. Revenue estimates have seen 0 upward revisions and 2 downward.

Ripartizione dei ricavi e delle spese

Come Sunworks guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.

Storico di utili e ricavi

NasdaqCM:SUNW Ricavi, spese e utili (USD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
30 Sep 23155-62900
30 Jun 23167-31960
31 Mar 23169-26970
31 Dec 22162-28960
30 Sep 22140-35880
30 Jun 22130-36820
31 Mar 22126-30760
31 Dec 21101-27610
30 Sep 2178-18470
30 Jun 2154-14330
31 Mar 2132-14200
31 Dec 2038-16190
30 Sep 2044-16160
30 Jun 2054-14160
31 Mar 2063-13150
31 Dec 1960-11150
30 Sep 1965-8140
30 Jun 1965-7140
31 Mar 1967-9150
31 Dec 1871-6150
30 Sep 1871-7160
30 Jun 1872-9170
31 Mar 1877-6180
31 Dec 1777-7200
30 Sep 1777-7210
30 Jun 1775-12270
31 Mar 1781-12300
31 Dec 1686-9300
30 Sep 1685-5280
30 Jun 16873220
31 Mar 16672170
31 Dec 15541150
30 Sep 1542-7110
30 Jun 1528-2390
31 Mar 1525-2270
31 Dec 1420-2550
30 Sep 1415-1940
30 Jun 149-730
31 Mar 141-820
31 Dec 130-410
30 Sep 130-310
30 Jun 130-210

Guadagni di qualità: SUNW al momento non è redditizia.

Margine di profitto in crescita: SUNW al momento non è redditizia.

Flusso di cassa libero e analisi degli utili

Analisi della crescita degli utili nel passato

Andamento degli utili: SUNW non è redditizia e le perdite sono aumentate negli ultimi 5 anni a un tasso pari a 37.5% all'anno.

Accelerare la crescita: Impossibile confrontare la crescita degli utili di SUNW nell'ultimo anno con la sua media quinquennale poiché al momento non è redditizia

Guadagni vs Settore: SUNW non è redditizia, il che rende difficile confrontare la crescita dei suoi utili dell'anno passato con il settore Electrical ( 23.1% ).

Rendimento del capitale proprio

ROE elevato: SUNW ha un Return on Equity negativo ( -289.21% ), in quanto al momento non è redditizio.

Rendimento delle attività

Rendimento del capitale investito

Scoprire le aziende con forti performance passate

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2024/02/06 06:11
Prezzo dell'azione a fine giornata2024/02/05 00:00
Utili2023/09/30
Utili annuali2022/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Sunworks, Inc. è coperta da 7 analisti. 1 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Ashok KumarAegis Capital Corporation
James McIlreeChardan Capital Markets, LLC
Donovan SchaferColliers Securities