Many TerraForm Power, Inc.(TERP) 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. (NASDAQ:TERP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 6 Brokerage Firm. 6 Brokerage Firms have advised hold.
TerraForm Power, Inc. (NASDAQ:TERP) shares are expected to touch $12.25 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 0.76. The target price could hit $13 on the higher end and $11 on the lower end.
TerraForm Power, Inc. (NASDAQ:TERP) rose 2.26% or 0.26 points on Tuesday and made its way into the gainers of the day. After trading began at $11.74 the stock was seen hitting $11.93 as a peak level and $11.62 as the lowest level. The stock ended up at $11.78. The daily volume was measured at 731,926 shares. The 52-week high of the share price is $14.69 and the 52-week low is $7.23. The company has a market cap of $1,641 million.
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.