Goldman Small Cap Research Issues New Research Update on Solar Integrated Roofing Corp.

BALTIMORE, MD / ACCESSWIRE / January 4, 2021 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has received a new research update on Solar Integrated Roofing Corp. (OTC PINK: SIRC). The company is an ambitious company for the installation of solar energy and roof systems from a single source. This update contains a new, revised course objective. Visit to view or download the entire new research update, initiation report, information and disclaimers.

Following a series of acquisitions in its core Southern California market, SIRC currently has annual sales of $ 25 million and the industry is growing rapidly across the board. According to a recent report by Wood Mackenzie and the Solar Energy Industries Association (SEIA), the residential solar power market is projected to see installations of nearly 100 GW total installed from 2021 to 2025, a 42% increase in installed solar volume from the last Market corresponds to 5 years.

In the Opportunity Research Update, analyst Rob Goldman explains the catalysts behind his price hike, M&A opportunities and SIRC’s expansion in one of the segment’s key markets.

Goldman commented, “We released a new company update and a higher price target for SIRC as the stock hit the target we set a month ago. Even if SIRC hit our revised rating, it would continue to trade at a significant discount. that there is an added benefit to our new goal with multiple business drivers. For example, each newly acquired $ 5 million business could result in a contribution of $ 0.10 per share based on our valuation metrics.

“The proliferation of electric vehicles has resulted in significant growth in the installation of EV charging stations in residential areas. This industry is already a solar cell provider in this market and could be a threshold growth driver in 2021. Regardless, SIRC signed an agreement with a leading EV developer is an applicant for a USTDA grant of US $ 500 million. SIRC will provide solar modules, electrical storage and installation services and projects to existing and prospective customers of the partner, but we cannot predict if / when the grant will be awarded to the partner , or We see the impact on sales of SIRC as a potential bonus for shareholders, “said Goldman.

The story goes on

Goldman concluded, “Since SIRC announced preliminary results for the third quarter of 21, including estimated sales of $ 5.2 million and a year-over-year increase of 130%, stocks have risen sharply. On top of that, the larger gains have gone.” with an average daily increase of around 200%. As a result, SIRC is trading at a significant multiple of the SIRC’s daily moving average, which could be viewed as potential bullish catalysts. “

About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and unsponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.

Goldman Small Cap Research is in no way affiliated with Goldman Sachs & Co.

This press release contains extracts from our most recently published corporate report on Solar Integrated Roofing Corp. The information and facts used come from sources that are considered reliable. However, we do not guarantee or warrant the completeness or accuracy. Goldman Small Cap Research relied solely on information from Solar Integrated Roofing Corp. (“the enterprise”). The information contains authorized press releases or legal information filed with the US Securities and Exchange Commission in its filings.

Regardless of the actual content of our report on the company, from time to time we may include our own opinions about the company, its business, markets and opportunities. All opinions we give about the company are solely our own and are based on our rights under the First Amendment to the United States Constitution. They are used exclusively for the general discussion of our readers’ opinions. Our opinions should not be regarded as complete, accurate, accurate, or timely investment advice. The statements contained herein may contain forward-looking statements and are subject to significant risks and uncertainties that could affect results.

A Goldman Small Cap Research report, update, newsletter, article, trade alert, company profile, industry or industry snapshot, podcast interview, or press release is not an offer, recommendation, or solicitation of an offer to buy or sale of the company’s intended securities that are mentioned or discussed and may be used for informational purposes only. Please read all related full disclosures, disclaimers and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent company are registered investment advisers or broker-dealers with FINRA or any other regulatory agency. A speculative buy rating for our covered companies is defined as a company that we believe has the potential to generate excessive returns despite inherent above-average business, market, or financial risks. To download this research report or any of our research reports, view our disclosures and disclaimers or visit for more information. Goldman Small Cap Research was compensated by a third party for the preparation and distribution of a research report, update, and related press releases and distribution in the amount of $ 5,000.

Goldman Small Cap Research
Rob Goldman, analyst
[email protected]

SOURCE: Goldman Small Cap Research

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