The price of Bloom Energy Corp (NYSE: BE) closed at $10.24 in the last session, down -4.66% from day before closing price of $10.74. On the day, 5978785 shares were traded.
Ratios:
We take a closer look at BE’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 18 ’24 when Sridhar KR sold 50,746 shares for $9.74 per share. The transaction valued at 494,266 led to the insider holds 2,702,608 shares of the business.
SODERBERG SHAWN MARIE sold 2,160 shares of BE for $20,110 on Mar 18 ’24. The insider now owns 152,849 shares after completing the transaction at $9.31 per share. On Feb 16 ’24, another insider, SODERBERG SHAWN MARIE, who serves as the EVP, GC & Secretary of the company, sold 13,120 shares for $9.34 each. As a result, the insider received 122,528 and left with 73,946 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.73 while its Price-to-Book (P/B) ratio in mrq is 4.58.
Stock Price History:
Over the past 52 weeks, BE has reached a high of $18.93, while it has fallen to a 52-week low of $8.41.
Shares Statistics:
A total of 224.72M shares are outstanding, with a floating share count of 196.78M. Insiders hold about 12.53% of the company’s shares, while institutions hold 78.28% stake in the company.
Earnings Estimates
The company has Boeing Company (The) analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $153.70, with high estimates of $2.76 and low estimates of $400.26.
Analysts are recommending an EPS of between $Technology and $Financial Services for the fiscal current year, implying an average EPS of $Industrials.
