Is MAXN a buy?
7/24/2024 11:40am
**Maxeon Solar Technologies, Ltd. (MAXN) does not appear to be a buy candidate at this time.** Here's the analysis to support this conclusion:
1. **Fundamental Analysis**:
- **Financial Health**: MAXN has a negative net profit margin of -42.79% and a high debt-to-equity ratio of -1347.33%, indicating poor financial health.
- **Revenue and Growth**: The company's total revenue is $187.46 million, with no significant growth prospects as indicated by the low profitability score of 39/100.
- **Dividend Yield**: The dividend yield is not attractive, with a negative yield of -42.79%.
|Ticker|Name|Total Revenue|ROE(Average)|Net Profit Margin|Dividend Yield (TTM)|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|MAXN.O|Maxeon Solar|1.87456E8||-42.7855||20240331|MAXN|185|
|MAXN.O|Maxeon Solar|||||20240723|MAXN|185|
2. **Market Sentiment and Analysts' Views**:
- **Analyst Ratings**: The company has been downgraded by analysts, with a negative consensus opinion and a significant downward revision in price targets.
- **Stock Performance**: The stock has experienced a substantial decline, with a 52-week change of -99.26% and a 3-month change of -88.34%.
|Ticker|Name|50-Day Moving Average|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|MAXN.O|Maxeon Solar|1.4321|0.2270|0.2304|20240723|MAXN|185|
3. **Technical Analysis**:
- **Moving Averages**: The 5-day and 10-day moving averages are below the 50-day moving average, which is $1.43, suggesting a bearish trend.
- **Recent Performance**: The stock has experienced a significant drop, with a 1-year change of -99.26% and a 3-year change of -98.60%.
|Ticker|Name|50-Day Moving Average|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|MAXN.O|Maxeon Solar|1.4321|0.2270|0.2304|20240723|MAXN|185|
4. **Market Position and Innovation**:
- **Product Quality**: Maxeon solar panels are known for their reliability and efficiency, with a 40-year warranty.
- **Innovation**: The company has been granted patents, which could enhance its intellectual property portfolio and competitive edge.
In conclusion, while Maxeon Solar Technologies has a strong product offering, the company's financial health, market sentiment, and stock performance indicate that it is not a buy candidate at this time. Investors should exercise caution and consider these factors before making investment decisions.