Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $25.39 in the prior trading day, Bloom Energy Corp (NYSE: BE) closed at $24.07, down -5.20%. In other words, the price has decreased by -$5.20 from its previous closing price. On the day, 4.44 million shares were traded. BE stock price reached its highest trading level at $25.06 during the session, while it also had its lowest trading level at $24.04.
Ratios:
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 2.25 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 3.93 whereas as Long-Term Debt/Eq ratio is at 3.57.
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, ROTH MKM on December 11, 2024, initiated with a Neutral rating and assigned the stock a target price of $25.
On November 20, 2024, HSBC Securities Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $24.50.
Piper Sandler Upgraded its Neutral to Overweight on November 15, 2024, whereas the target price for the stock was revised from $10 to $20.
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 Jan 16 ’25 when SODERBERG SHAWN MARIE sold 1,639 shares for $23.42 per share. The transaction valued at 38,385 led to the insider holds 171,040 shares of the business.
SHAWN SODERBERG bought 1,639 shares of BE for $37,123 on Jan 16 ’25. On Dec 16 ’24, another insider, Chitoori Satish, who serves as the Chief Operations Officer of the company, sold 1,042 shares for $25.61 each. As a result, the insider received 26,686 and left with 185,456 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 5501824000 and an Enterprise Value of 6726973952. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.37 while its Price-to-Book (P/B) ratio in mrq is 12.76. Its current Enterprise Value per Revenue stands at 5.346 whereas that against EBITDA is -193.978.
Stock Price History:
The Beta on a monthly basis for BE is 3.31, which has changed by 1.1682322 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, BE has reached a high of $29.83, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is -1.80%, while the 200-Day Moving Average is calculated to be 53.17%.
Shares Statistics:
The stock has traded on average 8.59M shares per day over the past 3-months and 6487870 shares per day over the last 10 days, according to various share statistics. A total of 228.51M shares are outstanding, with a floating share count of 191.64M. Insiders hold about 16.16% of the company’s shares, while institutions hold 79.62% stake in the company. Shares short for BE as of 1738281600 were 43467614 with a Short Ratio of 5.00, compared to 1735603200 on 42637554. Therefore, it implies a Short% of Shares Outstanding of 43467614 and a Short% of Float of 30.4.
