The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Plug Power Inc (NASDAQ: PLUG) closed the day trading at $0.90 down -2.26% from the previous closing price of $0.92. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 128.82 million shares were traded. PLUG stock price reached its highest trading level at $0.9459 during the session, while it also had its lowest trading level at $0.87.
Ratios:
For a better understanding of PLUG, let’s look at its different ratios. 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:
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 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 874801728 and an Enterprise Value of 1779499776. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 2.83 whereas that against EBITDA is -1.724.
Stock Price History:
The Beta on a monthly basis for PLUG is 2.24, which has changed by -0.6385542 over the last 52 weeks, in comparison to a change of 0.05430484 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 $0.90. The 50-Day Moving Average of the stock is -40.27%, while the 200-Day Moving Average is calculated to be -56.04%.
Shares Statistics:
Over the past 3-months, PLUG traded about 61.79M shares per day on average, while over the past 10 days, PLUG traded about 66588370 shares per day. A total of 913.90M shares are outstanding, with a floating share count of 907.60M. Insiders hold about 6.60% of the company’s shares, while institutions hold 48.43% stake in the company. Shares short for PLUG as of 1743379200 were 279671714 with a Short Ratio of 4.53, compared to 1740700800 on 282440620. Therefore, it implies a Short% of Shares Outstanding of 279671714 and a Short% of Float of 28.88.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current market rating for Plug Power Inc (PLUG) reflects the collective analysis of 12.0 analysts closely monitoring its performance.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
16 analysts predict $131.04M in revenue for the current quarter. It ranges from a high estimate of $139.27M to a low estimate of $126.64M. As of the current estimate, Plug Power Inc’s year-ago sales were $120.26MFor the next quarter, 16 analysts are estimating revenue of $158.48M. There is a high estimate of $196.21M for the next quarter, whereas the lowest estimate is $132M.
A total of 23 analysts have provided revenue estimates for PLUG’s current fiscal year. The highest revenue estimate was $835M, while the lowest revenue estimate was $655M, resulting in an average revenue estimate of $740.46M. In the same quarter a year ago, actual revenue was $628.81MBased on 26 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $3.15B and the low estimate is $710.1M.
