TerraForm Power (TERP) in Focus: Stock Gains 26.7%

TerraForm Power, Inc. (TERP) was a big mover last session, as the company saw its shares rise over 26% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $25.84 to $28.46 in the past one-month time frame.

The company has seen 1 negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

TerraForm Power currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Util/Elec Pwr industry are Black Hills Corporation (BKH), IdaCorp, Inc. (IDA) and Korea Electric Power Corp. (KEP). All these stocks sport a Zacks Rank #1 (Strong Buy).

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TERRAFORM POWER CL A (TERP): Free Stock Analysis Report

KOREA ELECTRIC POWER CORP (KEP): Free Stock Analysis Report

IDACORP INC (IDA): Free Stock Analysis Report

BLACK HILLS CORP (BKH): Free Stock Analysis Report


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