- 金币:
-
- 奖励:
-
- 热心:
-
- 注册时间:
- 2006-5-1
|
|
美国权威分析师Piper Jaffray 的Jesse Pichel近日再次给予SUNPOWR $45
Market Scan(市场扫描)
SunPower Shines After Stock Offering (增发后SunPower 光芒闪耀)
Mary Crane, 06.02.06, 4:10 PM ET
Piper Jaffray analyst Jesse Pichel maintained an "outperform" rating and $45 price target on shares of SunPower, saying revenues from the company's recent stock offering could help it meet earnings expectations.
SunPower (nasdaq: SPWR - news - people ), as its name suggests, manufactures solar cells and panels to generate solar power, publicly offered 7 million shares of common stock at $29.50 per share Thursday, which Pichel said could total approximately $227 million for the company.
After the first-quarter of 2006, SunPower had $117 million of cash on its balance sheet.
"These additional funds give us greater confidence in its ramp and our estimates for 2007," said the analyst.
Pichel estimated calendar year 2007 earnings of 68 cents per share on revenues of $310.8 million.
About 33% to 50% of the cash proceeds from the stock offering, Pichel said, will be used for prepayments to vendors of polysilicon, a key component in solar panels.
According to the analyst, the rest of the funds will be spent on supply chain initiatives like building new warehousing distribution centers, capital financing initiatives and working on financing alternatives with banks to help home owners who want to install SunPower solar modules.
"We are not worried about potential dilutive acquisitions for SunPower," Pichel wrote in a note to investors Friday.
Risks to Pichel's forecast, he said, would be a shortage in polysilicon supply, fewer incentives for solar power or additional share offerings.
由于近日增发所募集的资金有助于实现赢利增长的预期,Piper Jaffray 的分析师Jesse Pichel维持其对SunPower股票"outperform"和USD45.00的评级. |
|
|
[复制链接]
发表于 2006-6-9 22:43