Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Plug Power Inc (NASDAQ: PLUG) closed at $1.70 in the last session, up 2.41% from day before closing price of $1.66. In other words, the price has increased by $2.41 from its previous closing price. On the day, 41.05 million shares were traded. PLUG stock price reached its highest trading level at $1.72 during the session, while it also had its lowest trading level at $1.65.
Ratios:
We take a closer look at PLUG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.97. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.49.
Citigroup Downgraded its Neutral to Sell on April 05, 2024, while the target price for the stock was maintained at $2.
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 01 ’24 when MCNAMEE GEORGE C sold 10,000 shares for $2.09 per share. The transaction valued at 20,916 led to the insider holds 684,782 shares of the business.
MSSB C/FGEORGE C MCNAMEEIRA RO bought 10,000 shares of PLUG for $19,600 on Nov 01 ’24. On Aug 01 ’24, another insider, MCNAMEE GEORGE C, who serves as the Director of the company, sold 10,000 shares for $2.37 each. As a result, the insider received 23,719 and left with 683,444 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, PLUG now has a Market Capitalization of 1572802560 and an Enterprise Value of 2519364864. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 4.007 whereas that against EBITDA is -2.441.
Stock Price History:
The Beta on a monthly basis for PLUG is 1.98, which has changed by -0.47692305 over the last 52 weeks, in comparison to a change of 0.09589827 over the same period for the S&P500. Over the past 52 weeks, PLUG has reached a high of $4.90, while it has fallen to a 52-week low of $1.37. The 50-Day Moving Average of the stock is -14.24%, while the 200-Day Moving Average is calculated to be -23.47%.
Shares Statistics:
According to the various share statistics, PLUG traded on average about 64.66M shares per day over the past 3-months and 64839100 shares per day over the past 10 days. A total of 913.90M shares are outstanding, with a floating share count of 864.11M. Insiders hold about 6.60% of the company’s shares, while institutions hold 50.68% stake in the company. Shares short for PLUG as of 1740700800 were 282440620 with a Short Ratio of 4.37, compared to 1738281600 on 256137870. Therefore, it implies a Short% of Shares Outstanding of 282440620 and a Short% of Float of 30.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of Plug Power Inc (PLUG) is underway, with the input of 12.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.13 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$0.42 and -$0.85 for the fiscal current year, implying an average EPS of -$0.62. EPS for the following year is -$0.34, with 13.0 analysts recommending between $0.2 and -$0.59.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $132.07M. It ranges from a high estimate of $136M to a low estimate of $130M. As of the current estimate, Plug Power Inc’s year-ago sales were $120.26MFor the next quarter, 6 analysts are estimating revenue of $151.83M. There is a high estimate of $166.4M for the next quarter, whereas the lowest estimate is $137.1M.
A total of 11 analysts have provided revenue estimates for PLUG’s current fiscal year. The highest revenue estimate was $749M, while the lowest revenue estimate was $655M, resulting in an average revenue estimate of $707.09M. In the same quarter a year ago, actual revenue was $628.81MBased on 26 analysts’ estimates, the company’s revenue will be $1.06B in the next fiscal year. The high estimate is $3.15B and the low estimate is $710.1M.
