Guggenheim reaffirmed their neutral rating on shares of Vivint Solar (NYSE:VSLR) in a report published on Thursday morning, MarketBeat reports. Guggenheim currently has a $5.00 price objective on the stock. The analysts noted that the move was a valuation call.

Other research analysts have also recently issued research reports about the stock. ValuEngine cut shares of Vivint Solar from a sell rating to a strong sell rating in a research note on Friday, December 1st. Zacks Investment Research upgraded shares of Vivint Solar from a hold rating to a buy rating and set a $4.25 target price on the stock in a research note on Saturday, November 11th. Bank of America began coverage on shares of Vivint Solar in a research note on Monday, November 6th. They set a buy rating on the stock. TheStreet upgraded shares of Vivint Solar from a d rating to a c rating in a research note on Monday, October 2nd. Finally, BidaskClub upgraded shares of Vivint Solar from a sell rating to a hold rating in a research note on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $5.10.

Vivint Solar (VSLR) opened at $3.70 on Thursday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.05 and a current ratio of 1.18. Vivint Solar has a one year low of $2.65 and a one year high of $6.09.

Vivint Solar (NYSE:VSLR) last released its earnings results on Tuesday, November 7th. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.04). Vivint Solar had a net margin of 18.65% and a negative return on equity of 26.04%. The firm had revenue of $75.10 million for the quarter, compared to analysts’ expectations of $74.56 million. During the same quarter last year, the firm posted ($0.36) EPS. The firm’s quarterly revenue was up 81.8% compared to the same quarter last year. research analysts forecast that Vivint Solar will post -1.48 earnings per share for the current year.

In other Vivint Solar news, COO Bryan Christiansen sold 60,210 shares of Vivint Solar stock in a transaction on Tuesday, December 12th. The shares were sold at an average price of $3.44, for a total value of $207,122.40. Following the sale, the chief operating officer now directly owns 272,252 shares in the company, valued at approximately $936,546.88. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Alex J. Dunn sold 100,000 shares of Vivint Solar stock in a transaction on Friday, November 17th. The shares were sold at an average price of $3.43, for a total transaction of $343,000.00. Following the completion of the sale, the director now owns 395,649 shares in the company, valued at $1,357,076.07. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 236,810 shares of company stock worth $798,623. 4.50% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd increased its holdings in Vivint Solar by 75.3% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 19,161 shares of the company’s stock valued at $112,000 after acquiring an additional 8,233 shares during the last quarter. Rhumbline Advisers increased its holdings in Vivint Solar by 9.8% in the 2nd quarter. Rhumbline Advisers now owns 28,571 shares of the company’s stock valued at $167,000 after acquiring an additional 2,549 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in Vivint Solar in the 2nd quarter valued at $278,000. Teachers Advisors LLC increased its holdings in Vivint Solar by 6.8% in the 2nd quarter. Teachers Advisors LLC now owns 47,791 shares of the company’s stock valued at $280,000 after acquiring an additional 3,062 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in Vivint Solar by 28.7% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 97,268 shares of the company’s stock valued at $394,000 after acquiring an additional 21,712 shares during the last quarter. Institutional investors own 92.47% of the company’s stock.

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About Vivint Solar

Vivint Solar, Inc offers distributed solar energy, electricity generated by a solar energy system installed at or near customers’ locations, to residential customers. Through investment funds, the Company owns solar energy systems it installs and provides solar electricity pursuant to long-term contracts with its customers.

Analyst Recommendations for Vivint Solar (NYSE:VSLR)

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