Sunworks, Inc.

NasdaqCM:SUNW Stok Raporu

Piyasa değeri: US$11.9m

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Sunworks Yönetim

Yönetim kriter kontrolleri 2/4

Sunworks CEO'su Mark Trout, Oct2023 tarihinde atandı, in görev süresi bir yıldan az. şirketin hisselerinin 0.81% doğrudan sahiptir ve bu hisselerin değeri $ 96.38K dir. Yönetim ekibinin ve yönetim kurulunun ortalama görev süresi sırasıyla 3.1 yıl ve 4 yıldır.

Anahtar bilgiler

Mark Trout

İcra Kurulu Başkanı

n/a

Toplam tazminat

CEO maaş yüzdesin/a
CEO görev süresiless than a year
CEO sahipliği0.8%
Yönetim ortalama görev süresi3.1yrs
Yönetim Kurulu ortalama görev süresi4yrs

Son yönetim güncellemeleri

Recent updates

Analiz Makalesi • 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...
Analiz Makalesi • 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.
Analiz Makalesi • 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.

CEO

Mark Trout

less than a year
Görev süresi

Mr. Mark Trout was Group Chief Executive Officer of Solcius of Sunworks, Inc. since July 10, 2023 until October 18, 2023 and serves as its President, Chief Executive Officer & Director since October 18, 20...

Liderlik Ekibi

İsimPozisyonGörev süresiTazminatSahiplik
Mark Trout
Presidentless than a yearVeri yok0.81%
$ 96.4k
Krista Mendoza
Chief Operating Officer4.8yrsVeri yokVeri yok
Paul McDonnel
Senior Vice President of Finance & Accountingno dataUS$191.80kVeri yok
Gerald Nadler
Chief Scientist22.1yrsUS$60.00kVeri yok
Sarah Willis
Senior Vice President of Marketing & Communicationsno dataVeri yokVeri yok
Christopher Outwater
Director of Business Development17yrsVeri yokVeri yok
Kyle Kearney
Senior Vice President of Commercial Sales3.1yrsVeri yokVeri yok
Ryan Fowler
Senior Vice President of Human Resources1.1yrsVeri yokVeri yok
Erik Amos
Senior Vice President of Commercial Operations3.1yrsVeri yokVeri yok
Amanda Sanchez
Controllerno dataVeri yokVeri yok
3.1yrs
Ortalama Görev Süresi

Deneyimli Yönetim: SUNW 'un yönetim ekibi deneyimli olarak değerlendirilmektedir (ortalama görev süresi 3.1 yıldır).

Yönetim Kurulu Üyeleri

İsimPozisyonGörev süresiTazminatSahiplik
Mark Trout
Presidentless than a yearVeri yok0.81%
$ 96.4k
Stanley Speer
Independent Director5.8yrsUS$184.00k0.092%
$ 10.9k
Patrick McCullough
Independent Director2.2yrsUS$178.00k0.13%
$ 15.0k
Rhone Resch
Independent Director7.3yrsUS$172.00k0.092%
$ 10.9k
4.0yrs
Ortalama Görev Süresi
56yo
Ortalama Yaş

Deneyimli Yönetim Kurulu: SUNW 'nin yönetim kurulu üyeleri deneyimli olarak kabul edilir (ortalama görev süresi 4 yıldır).

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2024/02/06 11:56
Gün Sonu Hisse Fiyatı2024/02/05 00:00
Kazançlar2023/09/30
Yıllık Kazançlar2022/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Sunworks, Inc. 7 Bu analistlerden 1, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

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