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Spruce Power Holding NYSE:SPRU Stock Report

Last Price

US$2.97

Market Cap

US$55.1m

7D

-1.0%

1Y

-53.0%

Updated

01 Sep, 2024

Data

Company Financials +

Spruce Power Holding Corporation

NYSE:SPRU Stock Report

Market Cap: US$55.1m

SPRU Stock Overview

Owns and operates distributed solar energy assets in the United States.

SPRU fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Spruce Power Holding Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spruce Power Holding
Historical stock prices
Current Share PriceUS$2.97
52 Week HighUS$6.96
52 Week LowUS$2.85
Beta1.21
11 Month Change-12.39%
3 Month Change-10.27%
1 Year Change-53.01%
33 Year Change-94.53%
5 Year Change-96.23%
Change since IPO-96.21%

Recent News & Updates

Lacklustre Performance Is Driving Spruce Power Holding Corporation's (NYSE:SPRU) Low P/S

Jul 22
Lacklustre Performance Is Driving Spruce Power Holding Corporation's (NYSE:SPRU) Low P/S

Recent updates

Lacklustre Performance Is Driving Spruce Power Holding Corporation's (NYSE:SPRU) Low P/S

Jul 22
Lacklustre Performance Is Driving Spruce Power Holding Corporation's (NYSE:SPRU) Low P/S

Spruce Power: Rare Net-Net Trading 50% Below Cash And Generating Cash

Nov 28

Spruce Power regains compliance with NYSE's listing standard

Feb 02

Spruce Power: Meet The New XL Fleet

Jan 19

Spruce Power appoints Christian Fong as CEO

Jan 09

XL Fleet GAAP EPS of -$0.15, revenue of $8.4M

Nov 09

XL Fleet gets NYSE non-compliance notice

Oct 21

XL Fleet: Could Be On The Verge Of Collapse

Sep 07

At US$1.28, Is XL Fleet Corp. (NYSE:XL) Worth Looking At Closely?

May 10
At US$1.28, Is XL Fleet Corp. (NYSE:XL) Worth Looking At Closely?

XL Fleet: Buying $1 Bills For 56 Cents

May 04

XL Fleet Corp. Is Having A Challenging 2022 As President Resigns

Mar 24

XL Fleet Corp.: The Past Is Prologue, And Then Some

Feb 05

XL Fleet's Electrification Faces Its Limits

Oct 10

Time To Worry? Analysts Are Downgrading Their XL Fleet Corp. (NYSE:XL) Outlook

Aug 15
Time To Worry? Analysts Are Downgrading Their XL Fleet Corp. (NYSE:XL) Outlook

XL Fleet: Interesting, But Not Yet Convincing

Jun 07

Analysts Have Lowered Expectations For XL Fleet Corp. (NYSE:XL) After Its Latest Results

Apr 02
Analysts Have Lowered Expectations For XL Fleet Corp. (NYSE:XL) After Its Latest Results

XL Fleet Corp. (NYSE:XL): Are Analysts Optimistic?

Mar 23
XL Fleet Corp. (NYSE:XL): Are Analysts Optimistic?

Shareholder Returns

SPRUUS Renewable EnergyUS Market
7D-1.0%-1.6%0.07%
1Y-53.0%36.8%22.7%

Return vs Industry: SPRU underperformed the US Renewable Energy industry which returned 36.8% over the past year.

Return vs Market: SPRU underperformed the US Market which returned 22.7% over the past year.

Price Volatility

Is SPRU's price volatile compared to industry and market?
SPRU volatility
SPRU Average Weekly Movement6.9%
Renewable Energy Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: SPRU's share price has been volatile over the past 3 months.

Volatility Over Time: SPRU's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a142Chris Hayeswww.sprucepower.com

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers.

Spruce Power Holding Corporation Fundamentals Summary

How do Spruce Power Holding's earnings and revenue compare to its market cap?
SPRU fundamental statistics
Market capUS$55.11m
Earnings (TTM)-US$60.68m
Revenue (TTM)US$79.72m

0.7x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPRU income statement (TTM)
RevenueUS$79.72m
Cost of RevenueUS$40.37m
Gross ProfitUS$39.35m
Other ExpensesUS$100.02m
Earnings-US$60.68m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.27
Gross Margin49.36%
Net Profit Margin-76.11%
Debt/Equity Ratio299.7%

How did SPRU perform over the long term?

See historical performance and comparison