For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Plug Power Inc (NASDAQ: PLUG) was $1.59 for the day, down -4.22% from the previous closing price of $1.66. In other words, the price has decreased by -$4.22 from its previous closing price. On the day, 80.14 million shares were traded.
Ratios:
Our analysis of PLUG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.23.
Citigroup Downgraded its Neutral to Sell on April 05, 2024, while the target price for the stock was maintained at $2.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 0.46.
Stock Price History:
Over the past 52 weeks, PLUG has reached a high of $4.90, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is -27.85%, while the 200-Day Moving Average is calculated to be -31.71%.
Shares Statistics:
A total of 880.45M shares are outstanding, with a floating share count of 870.92M. Insiders hold about 6.77% of the company’s shares, while institutions hold 50.18% stake in the company.
Earnings Estimates
A detailed examination of Plug Power Inc (PLUG) is currently in progress, with 13.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.12 and low estimates of -$0.23.
Analysts are recommending an EPS of between -$1.14 and -$1.28 for the fiscal current year, implying an average EPS of -$1.24. EPS for the following year is -$0.62, with 15.0 analysts recommending between -$0.3 and -$0.79.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 23 analysts. It ranges from a high estimate of $314.61M to a low estimate of $193.4M. As of the current estimate, Plug Power Inc’s year-ago sales were $222.16MFor the next quarter, 23 analysts are estimating revenue of $174.38M. There is a high estimate of $277.12M for the next quarter, whereas the lowest estimate is $125.3M.
A total of 25 analysts have provided revenue estimates for PLUG’s current fiscal year. The highest revenue estimate was $753M, while the lowest revenue estimate was $630.8M, resulting in an average revenue estimate of $704.46M. In the same quarter a year ago, actual revenue was $891.34MBased on 27 analysts’ estimates, the company’s revenue will be $953.69M in the next fiscal year. The high estimate is $2.22B and the low estimate is $675.8M.
