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SunPower Lighting the Candle of Hope – Analyst Blog

Zacks Market Commentaries — Fri, 24 Jul 2009 14:34:59 +0000

SunPower Corporation (SPWRA) showed signs of revival in the second quarter results. Sales of $298 million beat sequential number by about 39% and crossed the consensus expectation by $34 million.

EPS of $0.24 during the quarter almost doubled the Street apprehension of $0.14. SunPower also improved the upper end of its revenue outlook for 2009 to $1.35 billion – $1.7 billion from $1.3 billion – $1.7 billion. We expect the company to cross the $1.3 billion mark with EPS of $0.68 in fiscal 2009.

Revenues got a 75% lift sequentially in the Components segment along with stable Systems segment. The Components segment got a strong headwind from the Residential and Light Commercial customer segments, especially from North America and Germany.

SunPower more than doubled its cash hoard through the issue of equity and convertible debt in May 2009. Sequential cash balance rose to nearly $456.8 million from $202.3 million.

The results may well be an indication of what’s coming next Thursday, when the big names in the solar space, Evergreen Solar Inc. (ESLR), Hoku Scientific, Inc. (HOKU), and First Solar, Inc. (FSLR), declare their numbers.

SunPower has lost more than a third of its shine since the inception of the fiscal. At present, the company is trading at a discount to its comparable peers in terms of price-to-book, price-to-sales, and price-to-CF multiples. However, taking into account SunPower's leadership in cell conversion efficiency and rapidly falling panel manufacturing cost, we believe a premium valuation is justified. Thus we maintain our BUY rating on SPWRA.
Read the full analyst report on "SPWRA"
Read the full analyst report on "ESLR"
Read the full analyst report on "HOKU"
Read the full analyst report on "FSLR"
Zacks Investment Research

Hoku Scientific Inc. (HOKU) Subsidiary Signs Supply Agreement with Leading Alloy Producer; Secures Stronghold in Renewable Energy Market

QualityStocks — Thu, 13 Nov 2008 19:30:56 +0000

Hoku Materials Inc., a wholly owned subsidiary of clean energy technology company, Hoku Scientific Inc. (Nasdaq: HOKU), today announced a silicon metal supply agreement that will supply Hoku with guaranteed amounts of metallurgical grade silicon for three years beginning in 2009. Hokuâ€™s agreement with leading alloy producer Polymet Alloys Inc. and its allied partner Rima [...]

Hoku Scientific, Inc. (HOKU) Subsidiary Signs Major Polysilicon Supply Contract with Solargiga Worth up to $455 Million

QualityStocks — Fri, 05 Sep 2008 00:19:21 +0000

Hoku Materials, Inc., a wholly owned subsidiary of Hoku Scientific, Inc. (HOKU), a diversified alternative energy technology company in China, announced this afternoon the signing of a polysilicon supply agreement worth up to $455 million with Solargiga Energy Holdings Ltd., the number two producer of monocrystalline ingots in China. Under terms of the deal, [...]

Zacks #1 Rank Additions for Tuesday – Zacks Tale of the Tape

Zacks Market Commentaries — Tue, 02 Sep 2008 08:58:08 +0000

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Aeropostale Inc (ARO)
Atlas Pipeline Partners LP (APL)
Axsys Technologies Inc (AXYS)
Babcock & Brown Air Ltd (FLY)
Badger Meter Inc (BMI)
Basic Energy Services Inc (BAS)
BlueLinx Holdings Inc (BXC)
CARBO Ceramics Inc (CRR)
Cyberonics Inc (CYBX)
DHT Maritime Inc (DHT)
Eisai Co Ltd (ESALY)
Enbridge Energy Management LLC (EEQ)
Encore Acquisition Co (EAC)
First Cash Financial Services Inc (FCFS)
Fluor Corp (FLR)
GameStop Corp (GME)
Gray Television Inc (GTN)
GSC Investment Corp (GNV)
Helmerich & Payne Inc (HP)
Hewitt Associates Inc (HEW)
Hoku Scientific Inc (HOKU)
ICON plc (ICLR)
Intrepid Potash Inc (IPI)
Key Energy Services Inc (KEG)
Kindred Healthcare Inc (KND)
Landry's Restaurants Inc (LNY)
Layne Christensen Co (LAYN)
Linn Energy LLC (LINE)
Lufkin Industries Inc (LUFK)
Macatawa Bank Corp (MCBC)
MainSource Financial Group Inc (MSFG)
ManTech International Corp (MANT)
Massey Energy Co (MEE)
Mitsui & Co Ltd (MITSY)
Navios Maritime Holdings Inc (NM)
Olin Corp (OLN)
Omnicare Inc (OCR)
Packaging Corp of America (PKG)
Paragon Shipping Inc (PRGN)
Petrobras Energia Participaciones SA (PZE)
QLogic Corp (QLGC)
Rock-Tenn Co (RKT)
Rofin-Sinar Technologies (RSTI)
Shinhan Financial Group Co Ltd (SHG)
Simcere Pharmaceutical Group (SCR)
Skilled Healthcare Group Inc (SKH)
Smith International Inc (SII)
Southside Bancshares Inc (SBSI)
St Jude Medical Inc (STJ)
Sterling Bancorp (STL)
Sun Healthcare Group Inc (SUNH)
Team Inc (TISI)
Teekay Tankers Ltd (TNK)
UIL Holdings Corp (UIL)
UTi Worldwide Inc (UTIW)
Valmont Industries Inc (VMI)
Vanguard Natural Resources LLC (VNR)

View the entire Zacks #1 Rank List.

Zacks #1 Rank Additions for Monday

Zacks Market Commentaries — Mon, 25 Aug 2008 09:06:54 +0000

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Accenture Ltd (ACN)
Air Liquide (AIQUY)
American Physicians Service Group Inc (AMPH)
American Science & Engineering Inc (ASEI)
Apollo Group Inc (APOL)
BlueLinx Holdings Inc (BXC)
BP Prudhoe Bay Royalty Trust (BPT)
Cemex SAB de CV (CX)
China Direct Inc (CDS)
Coherent Inc (COHR)
GSC Investment Corp (GNV)
Hoku Scientific Inc (HOKU)
Hugoton Royalty Trust (HGT)
Intrepid Potas Inc (IPI)
Key Energy Services Inc (KEG)
Kindred Healthcare Inc (KND)
Monsanto Co (MON)
NCR Corp (NCR)
Patterson-UTI Energy Inc (PTEN)
Presstek Inc (PRST)
Quest Resource Corp (QRCP)
Ralcorp Holdings Inc (RAH)
Sims Group Ltd (SMS)
Skilled Healthcare Group Inc (SKH)
Smith International Inc (SII)
Telecomunicacoes de Sao Paulo SA (TSP)
Tetra Tech Inc (TTEK)
Unit Corp (UNT)
United Stationers Inc (USTR)
Valmont Industries Inc (VMI)
Williams Companies Inc (WMB)

View the entire Zacks #1 Rank List.

Zacks #1 Rank Additions for Thursday

Zacks Market Commentaries — Thu, 21 Aug 2008 08:08:16 +0000

Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

Air Liquide (AIQUY)
ANSYS Inc (ANSS)
ATA Inc (ATAI)
Cemex SAB de CV (CX)
Comverse Technology Inc (CMVT)
Diebold Inc (DBD)
Enbridge Energy Management LLC (EEQ)
Helmerich & Payne Inc (HP)
Hoku Scientific Inc (HOKU)
Hudson City Bancorp Inc (HCBK)
Kindred Healthcare Inc (KND)
Leggett & Platt Inc (LEG)
Mitsui & Co Ltd (MITSY)
Multi-Fineline Electronix Inc (MFLX)
Packaging Corporation of America (PKG)
Patterson-UTI Energy Inc (PTEN)
Petrobras Energia Participaciones SA (PZE)
Schnitzer Steel Industries Inc (SCHN)
Skilled Healthcare Group Inc (SKH)
Sterling Bancorp (STL)
Telecomunicacoes de Sao Paulo SA (TSP)
Tredegar Corp (TG)
Unit Corp (UNT)
The Western Union Co (WU)
Williams Pipeline Partners LP (WMZ)

View the entire Zacks #1 Rank List.

Wallstrip – Hoku Scientific, Inc. (HOKU)

Videos by Wallstrip — Mon, 28 Jan 2008 06:22:41 +0000

Author: wallstrip
Added: Sun, 27 Jan 2008 22:22:41 -0800
Duration: 161

(1-28-08) If Hoku Scientific, Inc. (HOKU) were a superhero it would get its power from the sun.