Fintel reports that on January 3, 2025, METZLER EQUITIES downgraded their outlook for SMA Solar Technology (XTRA:S92) from Buy to Hold.
Analyst Price Forecast Suggests 8.81% Downside
As of December 23, 2024, the average one-year price target for SMA Solar Technology is 14,43 €/share. The forecasts range from a low of 10,10 € to a high of 17,85 €. The average price target represents a decrease of 8.81% from its latest reported closing price of 15,82 € / share.
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The projected annual revenue for SMA Solar Technology is 1,706MM, an increase of 4.90%. The projected annual non-GAAP EPS is 2.20.
SMA Solar Technology Maintains 1.90% Dividend Yield
At the most recent price, the company’s dividend yield is 1.90%.
Additionally, the company’s dividend payout ratio is 0.13. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 64 funds or institutions reporting positions in SMA Solar Technology. This is an decrease of 7 owner(s) or 9.86% in the last quarter. Average portfolio weight of all funds dedicated to S92 is 0.12%, an increase of 20.49%. Total shares owned by institutions decreased in the last three months by 0.99% to 1,630K shares.
What are Other Shareholders Doing?
TAN - Invesco Solar ETF holds 469K shares representing 1.35% ownership of the company. In its prior filing, the firm reported owning 378K shares , representing an increase of 19.48%. The firm decreased its portfolio allocation in S92 by 35.77% over the last quarter.
ICLN - iShares Global Clean Energy ETF holds 170K shares representing 0.49% ownership of the company. In its prior filing, the firm reported owning 185K shares , representing a decrease of 8.98%. The firm decreased its portfolio allocation in S92 by 32.19% over the last quarter.
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 123K shares representing 0.35% ownership of the company. In its prior filing, the firm reported owning 124K shares , representing a decrease of 1.08%. The firm decreased its portfolio allocation in S92 by 35.71% over the last quarter.
IEFA - iShares Core MSCI EAFE ETF holds 111K shares representing 0.32% ownership of the company. In its prior filing, the firm reported owning 108K shares , representing an increase of 2.43%. The firm decreased its portfolio allocation in S92 by 33.70% over the last quarter.
Dfa Investment Trust Co - The Continental Small Company Series holds 103K shares representing 0.30% ownership of the company. No change in the last quarter.
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