Exclusive: How Analysts Feel About Vivint Solar Inc After Today’s Significant Increase?

Exclusive: How Analysts Feel About Vivint Solar Inc After Today's Significant Increase?

The stock of Vivint Solar Inc (NYSE:VSLR) is a huge mover today! About 111,604 shares traded hands. Vivint Solar Inc (NYSE:VSLR) has risen 16.33% since April 5, 2016 and is uptrending. It has outperformed by 14.37% the S&P500.
The move comes after 7 months positive chart setup for the $337.03 million company. It was reported on Nov, 8 by Barchart.com. We have $5.70 PT which if reached, will make NYSE:VSLR worth $286.48M more.

Analysts await Vivint Solar Inc (NYSE:VSLR) to report earnings on November, 21. They expect $-0.50 EPS, down 6.38% or $0.03 from last year’s $-0.47 per share. After $-0.49 actual EPS reported by Vivint Solar Inc for the previous quarter, Wall Street now forecasts 2.04% negative EPS growth.

Vivint Solar Inc (NYSE:VSLR) Ratings Coverage

Out of 7 analysts covering Vivint Solar (NYSE:VSLR), 2 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 29% are positive. Vivint Solar has been the topic of 12 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Vivint Solar Inc (NYSE:VSLR) has “Neutral” rating given on Thursday, March 17 by Credit Suisse. As per Tuesday, June 21, the company rating was initiated by Oppenheimer. On Tuesday, July 21 the stock rating was downgraded by Northland Capital to “Market Perform”. The firm has “Hold” rating by Deutsche Bank given on Wednesday, March 9. The stock has “Neutral” rating given by Credit Suisse on Thursday, November 3. The firm has “Sell” rating by Goldman Sachs given on Thursday, March 17. On Tuesday, August 9 the stock rating was upgraded by Oppenheimer to “Outperform”. The stock has “Mkt Perform” rating given by JMP Securities on Thursday, September 8. Bank of America reinitiated the shares of VSLR in a report on Wednesday, April 20 with “Underperform” rating. As per Friday, May 27, the company rating was upgraded by Deutsche Bank.

According to Zacks Investment Research, “Vivint Solar Inc. is a provider of residential solar energy systems in the United States. It designs, installs, and maintains cost-effective solar energy systems. The Company also offers photovoltaic installation software products and devices. Vivint Solar, Inc. is headquartered in Provo, Utah.”

Insitutional Activity: The institutional sentiment decreased to 0.83 in Q2 2016. Its down 0.65, from 1.48 in 2016Q1. The ratio turned negative, as 23 funds sold all Vivint Solar Inc shares owned while 19 reduced positions. 15 funds bought stakes while 20 increased positions. They now own 99.30 million shares or 3.88% more from 95.59 million shares in 2016Q1.
Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Vivint Solar Inc (NYSE:VSLR) for 893 shares. Barclays Public Limited, a United Kingdom-based fund reported 75 shares. Exchange Cap Mgmt reported 250 shares or 0% of all its holdings. Northern last reported 511,843 shares in the company. Schwab Charles Inv Mngmt holds 0% of its portfolio in Vivint Solar Inc (NYSE:VSLR) for 59,157 shares. Sg Americas Limited Liability Company has 0% invested in the company for 28,969 shares. Rhumbline Advisers reported 23,290 shares or 0% of all its holdings. New York State Common Retirement Fund holds 18,800 shares or 0% of its portfolio. Moreover, Bancorp Of Montreal Can has 0% invested in Vivint Solar Inc (NYSE:VSLR) for 44,547 shares. Schroder Investment Mgmt Group Inc Inc holds 0% or 89,900 shares in its portfolio. Quentec Asset Mngmt Limited Liability Corp has 0.79% invested in the company for 2.08 million shares. Susquehanna Int Llp reported 16,581 shares or 0% of all its holdings. Blackrock Invest Mgmt Ltd Liability Company holds 0% of its portfolio in Vivint Solar Inc (NYSE:VSLR) for 85,746 shares. Moreover, Creative Planning has 0% invested in Vivint Solar Inc (NYSE:VSLR) for 2,800 shares. Citadel Advsr Ltd Llc reported 26,215 shares or 0% of all its holdings.

More notable recent Vivint Solar Inc (NYSE:VSLR) news were published by: Fool.com which released: “How Vivint Solar Can Turn Its Business Around” on October 25, 2016, also Fool.com with their article: “Can Vivint Solar Inc. Recover From a Devastating 2015?” published on March 16, 2016, Fool.com published: “Finally Free: Can Vivint Solar Inc Stand on Its Own?” on March 30, 2016. More interesting news about Vivint Solar Inc (NYSE:VSLR) were released by: Fool.com and their article: “Vivint Solar, Inc.’s Best Moves in 2015” published on December 17, 2015 as well as Fool.com‘s news article titled: “Why Vivint Solar Inc.’s Shares Popped 39% on Friday” with publication date: May 27, 2016.

VSLR Company Profile

Vivint Solar, Inc., incorporated on August 12, 2011, primarily offers distributed solar energy, which is electricity generated by a solar energy system installed at or near customers’ locations to residential clients based on over 20-year contracts. The Firm operates through two operating divisions: Residential, and commercial and industrial market (C&I). Through its investment funds, the Company owns an interest in the solar energy systems the Company installs, and ownership of the solar energy systems allows it and the other fund investors to benefit from various local, state and federal incentives.

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