8point3 Energy Partners (CAFD) Receives Daily Media Impact Rating of 0.11

Media headlines about 8point3 Energy Partners (NASDAQ:CAFD) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. 8point3 Energy Partners earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 45.2034241371669 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

8point3 Energy Partners (CAFD) opened at $14.29 on Tuesday. 8point3 Energy Partners has a 1-year low of $11.51 and a 1-year high of $15.79. The company has a debt-to-equity ratio of 0.83, a quick ratio of 3.26 and a current ratio of 3.26.

8point3 Energy Partners (NASDAQ:CAFD) last announced its earnings results on Wednesday, October 4th. The energy company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.38). The business had revenue of $27.74 million during the quarter, compared to analyst estimates of $25.85 million. 8point3 Energy Partners had a net margin of 23.13% and a return on equity of 1.87%. equities analysts forecast that 8point3 Energy Partners will post 0.53 EPS for the current year.

Several analysts have recently weighed in on CAFD shares. Zacks Investment Research upgraded shares of 8point3 Energy Partners from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. Bank of America started coverage on shares of 8point3 Energy Partners in a research report on Tuesday, October 24th. They set an “underperform” rating and a $12.00 price objective for the company. Robert W. Baird restated a “buy” rating and set a $16.00 price objective on shares of 8point3 Energy Partners in a research report on Friday, October 20th. Roth Capital set a $15.00 price objective on shares of 8point3 Energy Partners and gave the stock a “hold” rating in a research report on Saturday, November 25th. Finally, BidaskClub downgraded shares of 8point3 Energy Partners from a “hold” rating to a “sell” rating in a research report on Wednesday, December 6th. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. 8point3 Energy Partners currently has an average rating of “Hold” and an average target price of $14.09.

ILLEGAL ACTIVITY WARNING: This story was posted by Week Herald and is the sole property of of Week Herald. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://weekherald.com/2017/12/12/8point3-energy-partners-cafd-receives-daily-media-impact-rating-of-0-11.html.

About 8point3 Energy Partners

8point3 Energy Partners LP owns, operates and acquires solar energy generation projects. As of November 30, 2016, Company’s portfolio comprised interests in 642 Megawatt (MW) of solar energy projects. The Company is developing projects under utility, commercial and industrial (C&I) and residential categories.

Insider Buying and Selling by Quarter for 8point3 Energy Partners (NASDAQ:CAFD)

Receive News & Ratings for 8point3 Energy Partners LP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 8point3 Energy Partners LP and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply