Media headlines about 8point3 Energy Partners (NASDAQ:CAFD) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. 8point3 Energy Partners earned a daily sentiment score of 0.01 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 46.1070478935197 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

8point3 Energy Partners (CAFD) traded up $0.18 during mid-day trading on Thursday, hitting $15.20. 64,400 shares of the stock traded hands, compared to its average volume of 239,390. The company has a debt-to-equity ratio of 0.83, a quick ratio of 3.26 and a current ratio of 3.26. 8point3 Energy Partners has a 1 year low of $11.51 and a 1 year high of $15.79.

8point3 Energy Partners (NASDAQ:CAFD) last released its quarterly earnings results on Wednesday, October 4th. The energy company reported $0.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.65 by ($0.38). The firm had revenue of $27.74 million for the quarter, compared to analysts’ expectations of $25.85 million. 8point3 Energy Partners had a net margin of 23.13% and a return on equity of 1.87%. analysts forecast that 8point3 Energy Partners will post 0.53 earnings per share for the current year.

CAFD has been the topic of a number of research reports. BidaskClub lowered shares of 8point3 Energy Partners from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. TheStreet raised shares of 8point3 Energy Partners from a “d” rating to a “b-” rating in a research note on Wednesday, August 9th. Zacks Investment Research lowered shares of 8point3 Energy Partners from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st. Robert W. Baird reissued a “buy” rating and issued a $16.00 target price on shares of 8point3 Energy Partners in a research note on Tuesday, September 12th. Finally, FBR & Co reaffirmed a “neutral” rating and set a $15.00 price target (up previously from $14.00) on shares of 8point3 Energy Partners in a research report on Wednesday, October 4th. Six analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $13.92.

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8point3 Energy Partners Company Profile

8point3 Energy Partners LP owns, operates and acquires solar energy generation projects. As of November 30, 2016, Company’s portfolio comprised interests in 642 Megawatt (MW) of solar energy projects. The Company is developing projects under utility, commercial and industrial (C&I) and residential categories.

Insider Buying and Selling by Quarter for 8point3 Energy Partners (NASDAQ:CAFD)

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