Zacks Investment Research upgraded shares of TerraForm Power from a "sell" rating to a "hold" rating in a research report on Wednesday, July 19th.
The share price of the company (NASDAQ:TERP) was down -3.67%, with a high of 11.80 during the day and the volume of TerraForm Power, Inc. shares traded was 735689. BidaskClub raised shares of TerraForm Power from a "sell" rating to a "hold" rating in a report on Friday, June 23rd. Finally, TheStreet raised TerraForm Power from a "d" rating to a "c-" rating in a report on Monday. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock was sold at an average price of $12.95, for a total transaction of $8,093,750.00. If you are reading this news story on another website, it was illegally stolen and reposted in violation of USA and global trademark & copyright law. The legal version of this piece of content can be viewed at https://www.equitiesfocus.com/2017/10/14/terraform-power-terp-receives-daily-media-impact-rating-of-0-15.html.
Over the past 50 days, TerraForm Power, Inc. stock's -6.77% off of the high and 9.49% removed from the low.
TerraForm Power, Inc. has a 50 day moving average of 13.34 and a 200 day moving average of 12.65. The firm's market capitalization is $1.57 billion.
TerraForm Power (NASDAQ:TERP) last released its quarterly earnings data on Friday, July 21st. The solar energy provider reported ($0.94) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.31) by ($0.63). TerraForm Power had a negative net margin of 20.92% and a negative return on equity of 5.75%. The company had revenue of $135.22 million for the quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. The Company holds interest in TerraForm Power, LLC (Terra LLC), which is an owner and operator of renewable energy facilities that have long-term contractual arrangements to sell the electricity generated by these facilities to third parties. Accern also assigned news articles about the solar energy provider an impact score of 47.4052505403438 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future. Baillie Gifford & Co. lifted its holdings in TerraForm Power by 7.3% in the second quarter. Baillie Gifford & Co. now owns 1,764,812 shares of the solar energy provider's stock valued at $21,178,000 after acquiring an additional 120,329 shares during the period. SG Americas Securities LLC increased its stake in shares of TerraForm Power by 0.6% in the 1st quarter. SG Americas Securities LLC now owns 10,808 shares of the solar energy provider's stock worth $134,000 after buying an additional 69 shares in the last quarter.
TRADEMARK VIOLATION WARNING: "Swiss National Bank Raises Holdings in TerraForm Power, Inc". UBS Asset Management Americas Inc. now owns 27,138 shares of the solar energy provider's stock worth $326,000 after buying an additional 323 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in TerraForm Power in the first quarter valued at $400,000. Presently, Terraform Power Inc (TERP)'s Williams Percent Range or 14 day Williams %R is resting at -99.52. Insiders own 34.55% of the company's stock. This includes solar and wind assets located in the United States, Canada, the United Kingdom and Chile. The Company owns clean power generation assets.