Key Takeaways From ROTH 2014 OC Conference (SCTY) (CSIQ) (JASO)

Roth Capital updated on a few key takeaways from its 26th Annual ROTH Conference, which is scheduled to take place from March 9th through 12th.

We're highlighting the following three companies from the event, with notes provided by Roth analyst Philip Shen and his team:

-- SolarCity (Nasdaq: SCTY) (rating: Neutral): (1) SCTY was completing 0.4 jobs per crew per day in May’13 and after the Zep acquisition in Oct’13, SCTY was able to complete 0.9 jobs per crew per day; (2) While ~90% of SCTY’s leasing contracts transfer when an existing customer sells his/her home, SCTY renegotiates ~10% of these contracts (and SCTY has removed ~1 system to date).

-- Canadian Solar (Nasdaq: CSIQ) (rating: Buy): (1) CSIQ sees China ASPs in the 61-63c/W range with stability in 2014; (2) Japanese ASPs are down ~20% but this is due to Japanese Yen devaluation (ASPs went from ~80c/W down to the mid-70c/W range).

-- JA Solar (Nasdaq: JASO) (rating: Buy): (1) JASO sees Japanese mono ASPs of ~70c/W with stability going forward; (2) China ASPs remain in the 60-63c/W range; (3) when asked about potential for module capacity expansion, management indicated that it may match module capacity with current cell capacity (2.5GW of cell currently vs. 1.8GW of module capacity).

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Adobe (ADBE) PT Lowered to $195 at KeyBanc; 'Organic Growth in Focus as CFO Departs'
• Argus Downgrades Eversource Energy (ES) to Hold Citing FERC Decision
• Janus Living (JAN) Reiterated at Overweight by Cantor Fitzgerald on Changed Estimates