Suntech Power Quarterly Updates

   Date:2011/08/23

Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP). Last Market Price: 5.14, Change: +0.04, % Change: (0.78%). Shares trade in the range of 5.09 - 5.45 dollars. It has a market capitalization of 925.96M dollars, making it a Small Cap Stock and has 180.15M outstanding shares. The company has a beta of 2.9, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 1.27; P/E of 4.04. It operates in Technology sector and belongs to Semiconductors industry. Percentage shares held by institutional investors is 31%. The company has a 52 week high of $ 10.83 and a 52 week low of $ 5.09. Average volumes of shares traded daily are 2,860,000. Volume traded in the last session was at 2,770,000, 0.97 times the average volume.

For Q1 (Mar '11), It had a Net profit margin of 3.62%, an Operating margin of 10.78%. Other Key stats and ratios are : Return on average assets of 2.38%, Return on average equity of 6.82%. The organization has an employee strength of 20,231

Senior management consists of Zhengrong Shi Ph.D., ( Age: 48 ), as Chairman of the Board, Chief Executive Officer, David W. King CPA, ( Age: 54 ), as Chief Financial Officer and Steven Chan, ( Age: 44 ), as President, Suntech America. Huiming Hu, ( Age: 38 ), as President, Suntech APMEA Jerry Stokes, ( Age: 50 ), as President, Suntech Europe

Consensus Recommendation is a Hold.

Estimate for sales for the Quarter Ending Sep-11 show a mean of 810.86 million dollars, an estimate high of 895.50 million dollars and an estimate low of 685.60 million dollars. A year ago the figures stood at 755.02 million dollars.

Estimate for sales for the Quarter Ending Dec-11 show a mean of 816.05 million dollars, an estimate high of 923.00 million dollars and an estimate low of 720.00 million dollars. A year ago the figures stood at 765.55 million dollars.

Estimate for EPS for the Quarter Ending Sep-11 show a mean of 0.19 dollars, an estimate high of 0.33 dollars and an estimate low of 0.00 dollars. A year ago the figures stood at 0.24 dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.19 dollars, an estimate high of 0.38 dollars and an estimate low of 0.03 dollars. A year ago the figures stood at 0.25 dollars.

Sales for Quarter Ending Mar-11 was estimated at 864.51 million dollars, however the actual sales figure stood at 877.00 million dollars, 12.49 million dollars more than estimates.

Sales for Quarter Ending Dec-10 was estimated at 840.62 million dollars, however the actual sales figure stood at 945.08 million dollars, 104.46 million dollars more than estimates.

Source:beaconequity

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