-
Roth: Sky Solar Worth $8/Share After 88% Gain Last Week
Monday, April 4, 2016 - 10:15am | 251Read More...Sky Solar Holdings Ltd (ADR) (NASDAQ: SKYS) reported highly disappointing 4Q results and withdrew its full-year guidance. Roth Capital Partners’ Philip Shen maintained a Buy rating for the company, while reducing the price target from $10 to $8. Wide Q4 Miss Sky Solar delivered Q4...
-
Are More Solar Asset-Backed Securities Coming?
Monday, March 28, 2016 - 11:18am | 393Read More...Back in September of 2015, AES Distributed Energy announced a new solar asset-backed securities (ABS) offering. Together with four other similar offerings by SolarCity Corp (NASDAQ: SCTY) and Sunrun Inc (NASDAQ: RUN), the total amount of solar ABS offerings at the time had reached $560.5 million...
-
Roth Capital Shines Positive On Solar: Upgrades JA Solar, ReneSola, Enphase
Wednesday, December 16, 2015 - 3:03pm | 387Read More...Solar energy companies' shares are rallying Wednesday following the agreement by congressional leaders to extend a significant tax credit for the industry. Roth Capital gave Buy ratings across the sector for nearly all solar stocks. A Budget Deal For The Solar Industry Congressional Republican...
-
Canadian Solar Stock Worth $40 Sum-Of-The-Parts, Roth Capital Says
Monday, December 14, 2015 - 11:02am | 300Read More...Canadian Solar Inc. (NASDAQ: CSIQ) shares are down 28 percent in the last six months, and have been hovering around $23 in December. Roth Capital Partners’ Philip Shen maintained a Buy rating on the company, with a price target of $40. While management is targeting a yieldco launch...
-
SolarCity Might Miss Guidance This Quarter, New Checks Show
Monday, October 26, 2015 - 8:14am | 394Read More...SolarCity Corp (NASDAQ: SCTY) shares are down 27 percent year-to-date, and are trading close to the low end of their 52-week range of $34.65 - $63.79. Roth Capital Markets’ Philip Shen maintained a Buy rating on the company, while reducing the price target from $98 to $70. Checks...
-
Despite Sunedison Guidance Slash, Solar Industry Still Looks Bright
Wednesday, October 7, 2015 - 4:22pm | 499Read More...Despite lowering guidance on the call, Sunedison Inc (NYSE: SUNE)’s business update call sent shares higher by more than 10 percent on Wednesday. One of the major positives that ROTH Capital Partners identified from the call was that Sunedison doesn’t appear to have a near-term capital...
-
ROTH Capital: Keep Buying 8Point3
Monday, October 5, 2015 - 3:53pm | 430Read More...Shares of 8Point3 Energy Partners LP (NASDAQ: CAFD) have been hit hard following the company’s IPO. Market concerns over the company’s liquidity situation have weighed heavily on the stock. ROTH Capital Partners believes that the drop has created a compelling entry point for a company...
-
Analysts Are Having A Hard Time Predicting Solar Beyond 2016
Wednesday, September 16, 2015 - 3:02pm | 367Read More...Philip Shen of Roth Capital Partners commented in a note that near-term fundamentals for the solar sector are "healthy." Shen added that visibility beyond 2016 "remains unclear." Shen's top solar picks remain Hannon Armstrong Sustnbl Infrstr Cap Inc (NYSE: HASI), Solaredge Technologies Inc (NASDAQ...
-
Why Roth Capital Is Selling Yingli Green Energy
Wednesday, September 9, 2015 - 12:08pm | 392Read More...Following the company’s latest Q3 and 2015 shipping guidance, Roth Capital Partners has had enough with Yingli Green Energy Holding Co Ltd (NYSE: YGE) and has downgraded the stock to Sell. Analyst Philip Shen believes that Yingli’s debt will continue to weigh on the company’s...
-
Heard Of Sky Solar? It Could Be Flying Under The Radar
Friday, August 28, 2015 - 1:59pm | 318Read More...In a report issued Friday, Roth Capital analysts Philip Shen and Justin Clare look into Sky Solar Holdings Ltd (ADR) (NASDAQ: SKYS), a micro-cap independent power producer that develops, owns and operates solar parks. After the company reported “inline-ish” second-quarter results, the...
-
Check Out This 'Underfollowed' Solar Stock Roth Capital Is Buying
Friday, August 21, 2015 - 10:25am | 335Read More...Hanwha Q Cells Co Ltd –ADR (NASDAQ: HQCL), formerly Hanwha SolarOne is a small-cap global solar energy company headquartered in South Korea. In a report issued Friday, Roth Capital analysts Philip Shen and Justin Clare initiated coverage on its stock with a Buy rating and $14 price target,...
-
Roth Names Top Solar Picks Before Earnings, Sees Buying Opportunity
Monday, July 27, 2015 - 12:42pm | 369Read More...In a new report, Roth Capital Partners analyst Philip Shen discusses the solar power industry ahead of its Q2 earnings season. Overall, Shen sees the recent Greece and China-related downward move in solar stocks as a buying opportunity, as the fundamentals of the industry remain solid. Strong...
-
Tariffs Worse Than Previously Thought, Net Negative For Chinese Solar, Roth Capital Says
Friday, July 10, 2015 - 10:09am | 426Read More...In a report published Thursday, Roth Capital Partners analyst Philip Shen discussed the Department of Commerce's final results of its administrative review of 2012 solar related tariffs in which duties came in "much worse than expected" at 30.6 percent versus prior expectations of...
-
Roth Capital Starts 8point3 At Buy, Expecting Premium Valuation And Dividend Growth
Wednesday, July 8, 2015 - 10:18am | 210Read More...In a report published Wednesday, Roth Capital analyst Philip Shen initiated coverage of 8Point3 Energy Partners LP (NASDAQ: CAFD) with a Buy rating and $21 price target. The analyst believes that the company is among the "highest quality yieldcos" and that the stock deserves to trade at a premium...
-
UPDATE: Roth Capital Partners Initiates Coverage on S&W Seed Company on Market Leader Position
Tuesday, November 19, 2013 - 12:13pm | 119Read More...In a report published Tuesday, Roth Capital Partners analyst Philip Shen initiated coverage on S&W Seed Company (NASDAQ: SANW) with a Buy rating and $10.00 price target. In the report, Roth Capital Partners noted, “SANW is a global leader in alfalfa seed, the fourth largest row crop in the...
