Can Vivint Solar, Inc. (NYSE:VSLR) Continue Its Upward Trend?
Vivint Solar, Inc. (NYSE:VSLR) is expected to announce second quarter financial results after market close (confirmed) on August 07, 2017. The company added about 52.6% percent in value since last earnings when it was at $2.85. Based on the most relevant historical data, there is a 70 percent probability for share price to go down following the next earnings report. Looking further into earnings reaction history, the stock had moved down 7 times out of last 10 quarters. It has topped earnings-per-share estimates 63% of the time in its last 12 earnings reports. It missed earnings on 3 occasions, and it has met expectations 0 time.
Vivint Solar, Inc. (NYSE:VSLR) has seen its share price leap +73.33% higher in the last 30-day period, but can it continue this positive trend? In calendar 2017 alone, the company’s stock has tumbled +103.92% higher. In the past 12 months, Vivint Solar, Inc. has risen +56.16%. The stock’s 52-week range is $2.50 to $ 4.35, and its three-month range has been $2.65 to $5.30.
At the moment, the company has 110.77M shares outstanding – bringing its market capitalization to $575.98M. The stock’s 5-day moving average is currently $4.14, which is -20.38% below its most recent closing price of $5.20. The company’s 50-day moving average is $3.11, or -40.19% below the stock’s latest closing price, and its 100-day moving average is $3.06 – just -41.15% below its most recent closing price.
What is Wall Street saying?
The company’s stock is currently holding an average analyst rating of Strong Buy, according to the ratings of 2 Wall Street analysts. Of that group, no analysts rated Vivint Solar, Inc. as a Moderate Buy, 1 analysts rated it as a Hold, and no analysts rated it as a Strong Sell.
The company’s average rating has changed in recent months. Three months ago, 4 analysts weighed in on the stock – with 2 analysts rating it as a Strong Buy, no analyst rating it as a Moderate Buy, 1 analysts giving it a Hold, and no final analyst giving it a Strong Sell.
Vivint Solar, Inc. (NYSE:VSLR) Financials
Checking out a company’s Return on Assets (ROA) is useful in that it allows us to assess how well it is turning a profit in relation to its total assets. At the moment, Vivint Solar, Inc.’s ROA is 3.00%. The larger a company’s ROA, the better it is at generating income using its available assets.
We can also look at a company’s gross margin to assess its financial performance. Gross margin, which is expressed as a percentage, illustrates the amount of revenue earned from sales that wasn’t put toward paying for the production of the good – also know as the cost of goods sold (COGS). Vivint Solar, Inc.’s gross margin is sitting at -10.80%, meaning it retained $-0.11 out of every dollar sold.
Looking at Vivint Solar, Inc.’s profit margin is also an indicator of financial health. The company’s current profit margin – calculated as net income divided by net sales – is at 36.50%. Profit margin shows how much of a company’s sales it actually retains in earnings.
Looking at Vivint Solar, Inc. (NYSE:VSLR)’s operating margin, which is -81.20%, is a useful way of evaluating a company’s pricing strategy and operating efficiency. We calculate operating margin by subtracting operating expenses and depreciation from its net revenues.