TerraForm Power, Inc. s trend and data analysis indicates that the stock price has dropped -3.25% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -10.14% . Looking at the past 52 week period, the stock price is up at 43.84% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of TerraForm Power, Inc. has a positive value of 11.14 compared to overall market.TerraForm Power, Inc. is having a Relative Strength Index of 59.64 which indicates the stock is not yet over sold or over bought based on the technical indicators.
TerraForm Power, Inc. (NASDAQ:TERP) has climbed 1.38% in the past week and advanced 7.48% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.14% and the outperformance has advanced to 6.26% for the last 4 weeks period.
Company shares have received an average consensus rating of Hold for the current week TerraForm Power, Inc. (NASDAQ:TERP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.01 points or 0.08% at $12.5 with 1,302,154 shares getting traded. Post opening the session at $12.4, the shares hit an intraday low of $12.34 and an intraday high of $12.57 and the price was in this range throughout the day. The company has a market cap of $1,776 million and the number of outstanding shares has been calculated to be 142,115,860 shares. The 52-week high of TerraForm Power, Inc. (NASDAQ:TERP) is $14.69 and the 52-week low is $7.23.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.TerraForm Power Inc was Upgraded by UBS on Feb 14, 2017 to Neutral, Price Target of the shares are set at $11.50.TerraForm Power Inc was Downgraded by Macquarie to Neutral on Feb 3, 2017.
Company has reported several Insider transactions to the SEC, on Aug 26, 2015, Carlos Domenech (CEO) purchased 6,000 shares at 20.49 per share price.
TerraForm Power Inc Last issued its quarterly earnings results on Nov 9, 2015. The company reported $-0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.26. Analyst had a consensus of $0.23. The company had revenue of $163.30 million for the quarter, compared to analysts expectations of $146.98 million. The companys revenue was up 204.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.15 EPS.
TerraForm Power, Inc. is global renewable energy company. It operates clean power generation assets such as solar, wind, natural gas, geothermal and hydro-electricity. The Company owns and operates solar generation assets serving utility, commercial, and residential customers. TerraForm Power, Inc. is based in Beltsville, Maryland.