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The price of Bloom Energy Corp (NYSE: BE) closed at $25.59 in the last session, up 3.14% from day before closing price of $24.81. In other words, the price has increased by $3.14 from its previous closing price. On the day, 4.26 million shares were traded. BE stock price reached its highest trading level at $25.88 during the session, while it also had its lowest trading level at $24.25.
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 2.25 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:
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 Nov 20 ’24 when Sridhar KR sold 72,903 shares for $25.02 per share. The transaction valued at 1,824,033 led to the insider holds 1,869,593 shares of the business.
Sridhar KR sold 46,697 shares of BE for $1,167,425 on Nov 22 ’24. The Chairman & CEO now owns 1,822,496 shares after completing the transaction at $25.00 per share. On Nov 21 ’24, another insider, Sridhar KR, who serves as the Chairman & CEO of the company, sold 400 shares for $25.00 each. As a result, the insider received 10,000 and left with 1,869,193 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 5849260032 and an Enterprise Value of 7074409472. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.79 while its Price-to-Book (P/B) ratio in mrq is 13.57. Its current Enterprise Value per Revenue stands at 5.622 whereas that against EBITDA is -203.997.
Stock Price History:
Over the past 52 weeks, BE has reached a high of $28.70, while it has fallen to a 52-week low of $8.41. The 50-Day Moving Average of the stock is 54.46%, while the 200-Day Moving Average is calculated to be 95.31%.
Shares Statistics:
According to the various share statistics, BE traded on average about 8.33M shares per day over the past 3-months and 7543980 shares per day over the past 10 days. A total of 228.51M shares are outstanding, with a floating share count of 193.33M. Insiders hold about 15.42% of the company’s shares, while institutions hold 79.46% stake in the company. Shares short for BE as of 1732838400 were 42620109 with a Short Ratio of 5.11, compared to 1730332800 on 43795691. Therefore, it implies a Short% of Shares Outstanding of 42620109 and a Short% of Float of 29.81.
Earnings Estimates
The current assessment of Bloom Energy Corp (BE) involves the perspectives of 20.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.04, with high estimates of $0.08 and low estimates of -$0.14.
Analysts are recommending an EPS of between $0.18 and -$0.31 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.42, with 21.0 analysts recommending between $0.66 and $0.15.
Revenue Estimates
According to 20 analysts, the current quarter’s revenue is expected to be $509.3M. It ranges from a high estimate of $561.7M to a low estimate of $458.95M. As of the current estimate, Bloom Energy Corp’s year-ago sales were $356.92MFor the next quarter, 20 analysts are estimating revenue of $303.11M. There is a high estimate of $373.9M for the next quarter, whereas the lowest estimate is $237M.
A total of 26 analysts have provided revenue estimates for BE’s current fiscal year. The highest revenue estimate was $1.47B, while the lowest revenue estimate was $1.36B, resulting in an average revenue estimate of $1.41B. In the same quarter a year ago, actual revenue was $1.33BBased on 27 analysts’ estimates, the company’s revenue will be $1.69B in the next fiscal year. The high estimate is $2B and the low estimate is $1.55B.
