Balance Sheet Dive: Bloom Energy Corp (BE)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $11.77 in the prior trading day, Bloom Energy Corp (NYSE: BE) closed at $11.80, up 0.25%. In other words, the price has increased by $0.25 from its previous closing price. On the day, 3.16 million shares were traded. BE stock price reached its highest trading level at $11.81 during the session, while it also had its lowest trading level at $11.22.


Our goal is to gain a better understanding of BE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 3.50. In the meantime, Its Debt-to-Equity ratio is 2.90 whereas as Long-Term Debt/Eq ratio is at 2.78.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on April 01, 2024, initiated with a Outperform rating and assigned the stock a target price of $21.

On March 06, 2024, Truist Upgraded its rating to Hold which previously was Sell and also upped its target price recommendation from $9 to $11.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 16 ’24 when SODERBERG SHAWN MARIE sold 8,963 shares for $9.86 per share. The transaction valued at 88,375 led to the insider holds 168,003 shares of the business.

Sridhar KR sold 50,746 shares of BE for $494,266 on Mar 18 ’24. The Chairman & CEO now owns 2,702,608 shares after completing the transaction at $9.74 per share. On Mar 18 ’24, another insider, SODERBERG SHAWN MARIE, who serves as the insider of the company, sold 2,160 shares for $9.31 each. As a result, the insider received 20,110 and left with 152,849 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BE now has a Market Capitalization of 2664239616 and an Enterprise Value of 3458454528. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.00 while its Price-to-Book (P/B) ratio in mrq is 5.28. Its current Enterprise Value per Revenue stands at 2.594 whereas that against EBITDA is -103.244.

Stock Price History:

The Beta on a monthly basis for BE is 2.75, which has changed by -0.22565788 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, BE has reached a high of $18.76, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is 13.47%, while the 200-Day Moving Average is calculated to be -5.55%.

Shares Statistics:

The stock has traded on average 5.95M shares per day over the past 3-months and 4925440 shares per day over the last 10 days, according to various share statistics. A total of 224.72M shares are outstanding, with a floating share count of 197.59M. Insiders hold about 12.48% of the company’s shares, while institutions hold 77.54% stake in the company. Shares short for BE as of 1713139200 were 38750949 with a Short Ratio of 6.52, compared to 1710460800 on 37576049. Therefore, it implies a Short% of Shares Outstanding of 38750949 and a Short% of Float of 27.639999999999997.

Earnings Estimates

Investors are keenly observing as 17.0 analysts analyze and rate the current performance of Bloom Energy Corp (BE) in the stock market.On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.33, while EPS last year was -$0.22. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.05 and low estimates of -$0.16.

Analysts are recommending an EPS of between $0.29 and -$0.57 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.42, with 22.0 analysts recommending between $1.03 and $0.05.

Revenue Estimates

20 analysts predict $250.21M in revenue for the current quarter. It ranges from a high estimate of $285.15M to a low estimate of $225.98M. As of the current estimate, Bloom Energy Corp’s year-ago sales were $260.4MFor the next quarter, 20 analysts are estimating revenue of $335.69M. There is a high estimate of $372.62M for the next quarter, whereas the lowest estimate is $291.7M.

A total of 25 analysts have provided revenue estimates for BE’s current fiscal year. The highest revenue estimate was $1.85B, while the lowest revenue estimate was $1.37B, resulting in an average revenue estimate of $1.49B. In the same quarter a year ago, actual revenue was $1.33BBased on 25 analysts’ estimates, the company’s revenue will be $1.85B in the next fiscal year. The high estimate is $2.3B and the low estimate is $1.56B.

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