Solar stocks took a beating Monday after China cut its national incentives to install solar projects. Shares of solar panel manufacturers Canadian Solar Inc. (NASDAQ:CSIQ) fell as much as 14.5%, JinkoSolar Holding Co. (NYSE:JKS) dropped as much as 17%, and Daqo New Energy Corp (NYSE:DQ) fell as much as 31.3% while inverter manufacturer Enphase Energy Inc (NASDAQ:ENPH) fell up to 13.5%. By early afternoon, most major stocks in the solar industry were down double digits.
So whatThere were two pieces of China's solar ruling, one having to do with distributed generation (DG) and the other with utility-scale solar.
Image source: Getty Images.
On the DG side, China put a cap of 10 gigawatts (GW) for new solar projects in 2018, down from 19 GW installed in 2017. According to Asia Europe Clean Energy Advisory Co (AECEA), there may already be more than 10 GW of DG projects installed in China, so that could make it tough to build any projects in the second half of the year.
Top 10 Clean Energy Stocks To Invest In 2019: Lennar Corporation(LEN.B)
Advisors' Opinion:- [By Ethan Ryder]
ValuEngine lowered shares of Lennar Co. Class B (NYSE:LEN.B) from a sell rating to a strong sell rating in a research report sent to investors on Friday morning.
Top 10 Clean Energy Stocks To Invest In 2019: WildHorse Resource Development Corporation (WRD)
Advisors' Opinion:- [By Joseph Griffin]
Wildhorse Resource Development Corp (NYSE:WRD) shares dropped 5.3% on Monday . The stock traded as low as $18.40 and last traded at $18.66. Approximately 1,428,160 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 1,115,212 shares. The stock had previously closed at $19.71.
- [By Shane Hupp]
Wildhorse Resource Development Corp (NYSE:WRD) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 8,792,897 shares, an increase of 48.7% from the January 15th total of 5,914,702 shares. Approximately 8.7% of the company’s shares are short sold. Based on an average trading volume of 2,529,196 shares, the short-interest ratio is presently 3.5 days.
- [By Logan Wallace]
Wildhorse Resource Development Corp (NYSE:WRD) – Equities research analysts at Capital One Financial lowered their FY2018 earnings per share estimates for Wildhorse Resource Development in a research note issued to investors on Monday, August 20th. Capital One Financial analyst B. Velie now forecasts that the oil and natural gas company will post earnings of $1.59 per share for the year, down from their previous estimate of $1.87. Capital One Financial also issued estimates for Wildhorse Resource Development’s Q4 2018 earnings at $0.39 EPS and FY2019 earnings at $2.07 EPS.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on WildHorse Resource Development (WRD)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Matthew DiLallo]
Shares of WildHorse Resource Development Corp. (NYSE:WRD) fell more than 13% by 11 a.m. EDT on Wednesday after the Eagle Ford shale driller posted disappointing second-quarter results.
Top 10 Clean Energy Stocks To Invest In 2019: Potash Corporation of Saskatchewan Inc.(POT)
Advisors' Opinion:- [By Joseph Griffin]
PotCoin (CURRENCY:POT) traded 0.6% higher against the US dollar during the 24 hour period ending at 23:00 PM E.T. on May 12th. PotCoin has a total market capitalization of $23.95 million and approximately $62,522.00 worth of PotCoin was traded on exchanges in the last 24 hours. During the last seven days, PotCoin has traded 17.8% lower against the US dollar. One PotCoin coin can now be purchased for approximately $0.11 or 0.00001293 BTC on popular cryptocurrency exchanges including Cryptopia, CoinExchange, Trade By Trade and Tux Exchange.
- [By Shane Hupp]
Media stories about Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Potash Co. of Saskatchewan earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media coverage about the fertilizer maker an impact score of 45.852138495875 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
- [By Max Byerly]
PotCoin (CURRENCY:POT) traded 4% lower against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on June 4th. PotCoin has a total market capitalization of $18.72 million and approximately $73,221.00 worth of PotCoin was traded on exchanges in the last 24 hours. In the last seven days, PotCoin has traded up 2.6% against the U.S. dollar. One PotCoin coin can now be purchased for approximately $0.0850 or 0.00001147 BTC on exchanges including CoinExchange, Tux Exchange, Trade By Trade and Bleutrade.
- [By Ethan Ryder]
Headlines about Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) have trended positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Potash Co. of Saskatchewan earned a news impact score of 0.43 on Accern’s scale. Accern also gave media coverage about the fertilizer maker an impact score of 45.4285202328488 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Top 10 Clean Energy Stocks To Invest In 2019: Gibraltar Industries, Inc.(ROCK)
Advisors' Opinion:- [By Joseph Griffin]
Get a free copy of the Zacks research report on Gibraltar Industries (ROCK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Motley Fool Transcribers]
Gibraltar Industries Inc (NASDAQ:ROCK)Q4 2018 Earnings Conference CallFeb. 21, 2019, 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Joseph Griffin]
Schwab Charles Investment Management Inc. increased its position in shares of Gibraltar Industries Inc (NASDAQ:ROCK) by 12.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 219,629 shares of the construction company’s stock after buying an additional 23,911 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in Gibraltar Industries were worth $7,435,000 as of its most recent SEC filing.
Top 10 Clean Energy Stocks To Invest In 2019: Echo Global Logistics, Inc.(ECHO)
Advisors' Opinion:- [By Stephan Byrd]
Echo Global Logistics (NASDAQ: ECHO) and C.H. Robinson Worldwide (NASDAQ:CHRW) are both transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, earnings, profitability, analyst recommendations and risk.
- [By Joseph Griffin]
Koch Industries Inc. purchased a new stake in shares of Echo Global Logistics, Inc. (NASDAQ:ECHO) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 11,361 shares of the transportation company’s stock, valued at approximately $314,000.
- [By Motley Fool Transcribers]
Echo Global Logistics Inc (NASDAQ:ECHO)Q4 2018 Earnings Conference CallFeb. 06, 2019, 5:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Logan Wallace]
BidaskClub cut shares of Echo Global Logistics (NASDAQ:ECHO) from a buy rating to a hold rating in a research note released on Thursday morning.
Several other brokerages have also commented on ECHO. ValuEngine raised Echo Global Logistics from a hold rating to a buy rating in a research note on Monday, June 11th. Stifel Nicolaus started coverage on Echo Global Logistics in a research note on Tuesday, June 19th. They set a buy rating and a $34.00 price target on the stock. Cowen boosted their price target on Echo Global Logistics from $35.00 to $40.00 and gave the stock an outperform rating in a research note on Monday, July 16th. Barrington Research reissued a buy rating on shares of Echo Global Logistics in a research note on Friday, June 29th. Finally, JPMorgan Chase & Co. boosted their price target on Echo Global Logistics from $35.00 to $37.00 and gave the stock an overweight rating in a research note on Thursday, April 26th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Echo Global Logistics presently has a consensus rating of Buy and an average target price of $34.67.
Top 10 Clean Energy Stocks To Invest In 2019: Alexander & Baldwin Holdings, Inc.(ALEX)
Advisors' Opinion:- [By Logan Wallace]
First Republic Investment Management Inc. bought a new position in shares of Alexander & Baldwin Inc (NYSE:ALEX) during the second quarter, according to its most recent filing with the SEC. The fund bought 9,172 shares of the financial services provider’s stock, valued at approximately $216,000.
- [By Stephan Byrd]
Thrivent Financial for Lutherans boosted its stake in shares of Alexander & Baldwin Inc (NYSE:ALEX) by 126.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,553 shares of the financial services provider’s stock after buying an additional 22,606 shares during the quarter. Thrivent Financial for Lutherans owned 0.06% of Alexander & Baldwin worth $938,000 as of its most recent SEC filing.
- [By Ethan Ryder]
Sumitomo Mitsui Trust Holdings Inc. lifted its stake in Alexander & Baldwin Inc (NYSE:ALEX) by 11.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,449 shares of the financial services provider’s stock after acquiring an additional 7,414 shares during the period. Sumitomo Mitsui Trust Holdings Inc.’s holdings in Alexander & Baldwin were worth $1,656,000 at the end of the most recent reporting period.
- [By Max Byerly]
Alexander & Baldwin (NYSE:ALEX) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.42, Briefing.com reports. The business had revenue of $113.30 million during the quarter, compared to the consensus estimate of $121.25 million. Alexander & Baldwin had a net margin of 60.48% and a return on equity of 7.02%. The firm’s revenue was up 21.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 EPS.
Top 10 Clean Energy Stocks To Invest In 2019: Vicon Industries Inc.(VII)
Advisors' Opinion:- [By Stephan Byrd]
Seven Generations Energy (TSE:VII) insider Glen Allen Nevokshonoff sold 31,319 shares of the business’s stock in a transaction on Thursday, May 10th. The stock was sold at an average price of C$16.15, for a total transaction of C$505,801.85.
- [By Joseph Griffin]
Here are some of the news headlines that may have effected Accern’s rankings:
Get Kopin alerts: Global Microdisplay Market Report 2018-2023 eMagin Corporation, Kopin Corporation, LG Display Co., Ltd., AU … (ittechnology24.com) Price Performance Review on Shares of Kopin Cp (KOPN): Move 3.12% (parkcitycaller.com) MAMA Cross Spotted in Kopin Cp (KOPN) Shares (fisherbusinessnews.com) Is Kopin Corporation (NasdaqGS:KOPN) Generating Enough Return on Equity? (derbynewsjournal.com) Hot Stocks- Vicon Industries, Inc. (NYSE:VII), Kopin Corporation (NASDAQ:KOPN), Mannatech, Incorporated (NASDAQ … (journalfinance.net)Shares of Kopin traded up $0.03, reaching $3.34, on Monday, Marketbeat Ratings reports. The stock had a trading volume of 101,064 shares, compared to its average volume of 263,988. Kopin has a fifty-two week low of $2.80 and a fifty-two week high of $4.60.
- [By Shane Hupp]
Vicon Industries, Inc. (NYSEAMERICAN:VII) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 249,394 shares, a decrease of 30.9% from the April 30th total of 361,136 shares. Based on an average daily volume of 173,799 shares, the days-to-cover ratio is currently 1.4 days. Approximately 3.0% of the shares of the company are sold short.
Top 10 Clean Energy Stocks To Invest In 2019: Capella Education Company(CPLA)
Advisors' Opinion:- [By Logan Wallace]
Shares of Capella Education (NASDAQ:CPLA) reached a new 52-week high on Monday . The stock traded as high as $104.10 and last traded at $103.20, with a volume of 487 shares trading hands. The stock had previously closed at $103.70.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Capella Education (CPLA)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Clean Energy Stocks To Invest In 2019: Johnson Controls Inc.(JCI)
Advisors' Opinion:- [By Logan Wallace]
Amundi Pioneer Asset Management Inc. lifted its holdings in Johnson Controls International PLC (NYSE:JCI) by 8.7% in the 1st quarter, Holdings Channel reports. The firm owned 1,316,537 shares of the auto parts company’s stock after acquiring an additional 105,771 shares during the period. Amundi Pioneer Asset Management Inc.’s holdings in Johnson Controls International were worth $46,393,000 as of its most recent SEC filing.
- [By Stephan Byrd]
Johnson Controls International (NYSE: JCI) and Tencent (OTCMKTS:TCEHY) are both large-cap industrial products companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, profitability, dividends, analyst recommendations, risk and institutional ownership.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Johnson Controls International (JCI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Johnson Controls International (NYSE:JCI) was downgraded by analysts at JPMorgan Chase & Co. from a neutral rating to an underweight rating. They currently have $44.00 price target on the stock.
- [By Shane Hupp]
The business also recently declared a quarterly dividend, which was paid on Friday, January 11th. Shareholders of record on Monday, December 17th were given a $0.26 dividend. The ex-dividend date was Friday, December 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.11%. Johnson Controls International’s dividend payout ratio (DPR) is presently 36.75%.
ILLEGAL ACTIVITY WARNING: “Trust Co. of Vermont Has $823,000 Holdings in Johnson Controls International PLC (JCI)” was published by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another website, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The legal version of this news story can be read at https://www.tickerreport.com/banking-finance/4118852/trust-co-of-vermont-has-823000-holdings-in-johnson-controls-international-plc-jci.html.Johnson Controls International Company Profile
Top 10 Clean Energy Stocks To Invest In 2019: Compass Diversified Holdings(CODI)
Advisors' Opinion:- [By Shane Hupp]
Purple Innovation (NYSE: CODI) and Compass Diversified (NYSE:CODI) are both small-cap unclassified companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.
- [By Ethan Ryder]
Schroder Investment Management Group grew its stake in Compass Diversified Holdings (NYSE:CODI) by 3.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,097,576 shares of the financial services provider’s stock after purchasing an additional 33,776 shares during the period. Schroder Investment Management Group owned approximately 1.83% of Compass Diversified worth $18,000,000 at the end of the most recent reporting period.
- [By Jim Crumly]
Canadian marijuana producer Tilray is jumping into the U.S. hemp and cannabidiol (CBD) oil market in a big way, buying Manitoba Harvest from Compass Diversified Holdings (NYSE:CODI) in a cash-and-stock deal worth up to 419 million Canadian dollars. Shares of Tilray bounced 5.3% on the news and those of Compass rose 2.7%.
No comments:
Post a Comment