$0.08 EPS Expected for 8point3 Energy Partners LP (CAFD)

March 15, 2018 - By Ellis Scott

 $0.08 EPS Expected for 8point3 Energy Partners LP (CAFD)

Analysts expect 8point3 Energy Partners LP (NASDAQ:CAFD) to report $0.08 EPS on April, 4.They anticipate $0.05 EPS change or 166.67 % from last quarter’s $0.03 EPS. CAFD’s profit would be $6.33 million giving it 37.66 P/E if the $0.08 EPS is correct. The stock increased 1.18% or $0.14 during the last trading session, reaching $12.05. About 197,352 shares traded. 8point3 Energy Partners LP (NASDAQ:CAFD) has declined 9.79% since March 15, 2017 and is downtrending. It has underperformed by 26.49% the S&P500.

8point3 Energy Partners LP (NASDAQ:CAFD) Ratings Coverage

Among 17 analysts covering 8point3 Energy Partners LP (NASDAQ:CAFD), 2 have Buy rating, 4 Sell and 11 Hold. Therefore 12% are positive. 8point3 Energy Partners LP had 46 analyst reports since August 12, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, April 13 by Guggenheim. The stock of 8point3 Energy Partners LP (NASDAQ:CAFD) has “Buy” rating given on Thursday, October 19 by Robert W. Baird. The firm has “Equal Weight” rating given on Tuesday, September 1 by Barclays Capital. Deutsche Bank maintained 8point3 Energy Partners LP (NASDAQ:CAFD) rating on Monday, September 28. Deutsche Bank has “Buy” rating and $19 target. The rating was upgraded by JP Morgan to “Overweight” on Monday, July 11. Oppenheimer maintained 8point3 Energy Partners LP (NASDAQ:CAFD) on Thursday, June 29 with “Hold” rating. The firm has “Underperform” rating given on Tuesday, October 24 by Bank of America. The firm has “Hold” rating by FBR Capital given on Thursday, June 29. FBR Capital initiated the stock with “Outperform” rating in Tuesday, December 20 report. The company was upgraded on Thursday, September 24 by Avondale.

8point3 Energy Partners LP, together with its subsidiaries, acquires, owns, and operates solar energy generation projects in the United States. The company has market cap of $953.02 million. As of November 30, 2016, it owned interests in nine utility-scale solar energy projects; and four commercial and industrial solar energy projects, as well as a portfolio of residential distributed generation solar assets with a total capacity of 642 megawatts. 8point3 General Partner, LLC serves as the general partner of the company. It has a 29.68 P/E ratio.

More notable recent 8point3 Energy Partners LP (NASDAQ:CAFD) news were published by: Nasdaq.com which released: “8point3 Energy Partners LP (CAFD) Ex-Dividend Date Scheduled for December 29, 2017” on December 28, 2017, also Seekingalpha.com with their article: “8point3: Where Do I Go From Here?” published on March 08, 2018, Prnewswire.com published: “Lifshitz & Miller LLP Announces Investigation of 8point3 Energy Partners LP …” on March 13, 2018. More interesting news about 8point3 Energy Partners LP (NASDAQ:CAFD) were released by: Seekingalpha.com and their article: “8point3: Market Misconceptions Lead To 1.7-7.3% Return Possibilities” published on March 12, 2018 as well as Prnewswire.com‘s news article titled: “8point3 Energy Partners Reports Third Quarter 2017 Results” with publication date: October 04, 2017.

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