Sunworks Inc

Company Profile

Sunworks Inc had its IPO on 2016-01-04 under the ticker symbol SUNW.

The company operates in the Technology sector and Solar industry. Sunworks Inc has a staff strength of 622 employees.

Stock update

Shares of Sunworks Inc opened at $0.76 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.74 - $0.76, and closed at $0.75.

This is a +0.09% increase from the previous day's closing price.

A total volume of 607,813 shares were traded at the close of the day’s session.

In the last one week, shares of Sunworks Inc have slipped by -5.36%.

Sunworks Inc's Key Ratios

Sunworks Inc has a market cap of $31.45 million, indicating a price to book ratio of 1.1703 and a price to sales ratio of 0.5292.

In the last 12-months Sunworks Inc’s revenue was $166.88 million with a gross profit of $71.31 million and an EBITDA of $-31274000. The EBITDA ratio measures Sunworks Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Sunworks Inc’s operating margin was -20.24% while its return on assets stood at -19.91% with a return of equity of -52.43%.

In Q2, Sunworks Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 4.8%.

Sunworks Inc’s PE and PEG Ratio

Forward PE

3.4002

Trailing PE

0

PEG

0.3738

Its diluted EPS in the last 12-months stands at $-0.84 per share while it has a forward price to earnings multiple of 3.4002 and a PEG multiple of 0.3738. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Sunworks Inc’s profitability.

Sunworks Inc stock is trading at a EV to sales ratio of 0.5132 and a EV to EBITDA ratio of -2.6412. Its price to sales ratio in the trailing 12-months stood at 0.5292.

Sunworks Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$103.19 million

Total Liabilities

$45.50 million

Operating Cash Flow

$64000.00

Capital Expenditure

$47000

Dividend Payout Ratio

0%

Sunworks Inc ended 2024 with $103.19 million in total assets and $0 in total liabilities. Its intangible assets were valued at $103.19 million while shareholder equity stood at $51.70 million.

Sunworks Inc ended 2024 with $0 in deferred long-term liabilities, $45.50 million in other current liabilities, 41000.00 in common stock, $-162537000.00 in retained earnings and $32.19 million in goodwill. Its cash balance stood at $4.63 million and cash and short-term investments were $4.63 million. The company’s total short-term debt was $2,055,000 while long-term debt stood at $0.

Sunworks Inc’s total current assets stands at $58.01 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $30.91 million compared to accounts payable of $-21231000.00 and inventory worth $18.94 million.

In 2024, Sunworks Inc's operating cash flow was $64000.00 while its capital expenditure stood at $47000.

Comparatively, Sunworks Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.75

52-Week High

$3.96

52-Week Low

$0.691

Analyst Target Price

$3.23

Sunworks Inc stock is currently trading at $0.75 per share. It touched a 52-week high of $3.96 and a 52-week low of $3.96. Analysts tracking the stock have a 12-month average target price of $3.23.

Its 50-day moving average was $1.2 and 200-day moving average was $1.5 The short ratio stood at 1.43 indicating a short percent outstanding of 0%.

Around 170.8% of the company’s stock are held by insiders while 1210.5% are held by institutions.