As of close of business last night, Plug Power Inc.’s stock clocked out at $8.46, down -3.97% from its previous closing price of $8.81. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 20696771 shares were traded. PLUG stock price reached its highest trading level at $8.65 during the session, while it also had its lowest trading level at $8.23.
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Ratios:
To gain a deeper understanding of PLUG’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.20 and its Current Ratio is at 4.40. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.13.
Upgrades & Downgrades
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLUG now has a Market Capitalization of 4.49B and an Enterprise Value of 3.77B. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.71 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 4.89 whereas that against EBITDA is -5.59.
Stock Price History:
Over the past 52 weeks, PLUG has reached a high of $31.56, while it has fallen to a 52-week low of $7.39. The 50-Day Moving Average of the stock is 9.47, while the 200-Day Moving Average is calculated to be 16.20.
Shares Statistics:
It appears that PLUG traded 20.91M shares on average per day over the past three months and 23.92M shares per day over the past ten days. A total of 589.21M shares are outstanding, with a floating share count of 523.56M. Insiders hold about 0.80% of the company’s shares, while institutions hold 59.70% stake in the company. Shares short for PLUG as of Apr 27, 2023 were 105.98M with a Short Ratio of 105.98M, compared to 92.76M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 17.65% and a Short% of Float of 17.78%.
Earnings Estimates
As of right now, 17 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.24 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.32, while EPS last year was -$0.3. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.13 and low estimates of -$0.23.
Analysts are recommending an EPS of between -$0.1 and -$1.09 for the fiscal current year, implying an average EPS of -$0.82. EPS for the following year is -$0.26, with 20 analysts recommending between $0.25 and -$0.58.
Revenue Estimates
In the current quarter, 18 analysts expect revenue to total $254.83M. It ranges from a high estimate of $318M to a low estimate of $221M. As of the current estimate, Plug Power Inc.’s year-ago sales were $151.27M, an estimated increase of 68.50% from the year-ago figure. For the next quarter, 18 analysts are estimating revenue of $378.51M, an increase of 52.60% less than the figure of $68.50% in the same quarter last year. There is a high estimate of $490M for the next quarter, whereas the lowest estimate is $334.1M.
A total of 23 analysts have provided revenue estimates for PLUG’s current fiscal year. The highest revenue estimate was $1.41B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.3B. In the same quarter a year ago, actual revenue was $701.44M, up 85.00% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $1.97B in the next fiscal year. The high estimate is $2.14B and the low estimate is $1.63B. The average revenue growth estimate for next year is up 52.20% from the average revenue estimate for this year.
