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Plug Power (PLUG)
NASDAQ:PLUG
Plug Power (PLUG) Stock Price & Analysis
19,074 Followers
PLUG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.25 - $13.44
Previous Close$2.28
Volume29.36M
Average Volume (3M)35.07M
Market Cap
$1.69B
Enterprise Value$2.12B
Total Cash (Recent Filing)$172.87M
Total Debt (Recent Filing)$600.35M
Price to Earnings (P/E)―
Beta2.60
Next Earnings
Aug 06, 2024EPS Estimate
-$0.33Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.39
Shares Outstanding742,559,081
10 Day Avg. Volume26,212,338
30 Day Avg. Volume35,074,171
Standard Deviation0.30
R-Squared0.09
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)0.65
Price to Sales (P/S)8.05
Price to Cash Flow (P/CF)-2.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.80
Enterprise Value/Gross Profit-4.18
Enterprise Value/Ebitda-2.96
Forecast
1Y Price Target
$4.70Price Target Upside107.05% Upside
Rating ConsensusHold
Number of Analyst Covering20
Plug Power News
Bulls Say, Bears Say
Bulls Say
FundingPLUG secured a conditional loan guarantee commitment from the Department of Energy to finance the build of up to six green hydrogen facilities.
Market ExpansionPLUG's fuel-delivery business is expected to improve as its green hydrogen production facilities contribute more meaningfully to results.
ProfitabilityAnalysts believe that the company should be able to grow its gross margins from negative levels today to 16.0% in 2025 and subsequently exceed 20.0% by 2027 as revenues continue to grow.
Bears Say
Financial PerformanceRevenue of ~$120.3M came in lower than analyst estimates of ~$149.2M and consensus estimates of ~$157.8M, falling 49.5% sequentially from $222M.
LiquidityPLUG's cash flow deficit, although better than recent quarters, was -$266MM, raising skepticism about the company's ability to fully reduce its cash burn by its 70% target levels, especially with negative margins not confined to fuel margins.
MarginsGross margin of ~-132% declined for the 4th consecutive quarter and significantly missed Street estimates of ~-52%.
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Ownership Overview
3.83% Insiders
10.84% Mutual Funds
23.90% Other Institutional Investors
61.43% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PLUG FAQ
What was Plug Power’s price range in the past 12 months?
Plug Power lowest stock price was $2.25 and its highest was $13.44 in the past 12 months.
What is Plug Power’s market cap?
Currently, no data Available
When is Plug Power’s upcoming earnings report date?
Plug Power’s upcoming earnings report date is Aug 06, 2024 which is in 34 days.
How were Plug Power’s earnings last quarter?
Plug Power released its earnings results on May 09, 2024. The company reported -$0.46 earnings per share for the quarter, missing the consensus estimate of -$0.328 by -$0.132.
Is Plug Power overvalued?
According to Wall Street analysts Plug Power’s price is currently Undervalued.
Does Plug Power pay dividends?
Plug Power does not currently pay dividends.
What is Plug Power’s EPS estimate?
Plug Power’s EPS estimate is -$0.33.
How many shares outstanding does Plug Power have?
Plug Power has 742,559,100 shares outstanding.
What happened to Plug Power’s price movement after its last earnings report?
Plug Power reported an EPS of -$0.46 in its last earnings report, missing expectations of -$0.328. Following the earnings report the stock price went up 9.921%.
Which hedge fund is a major shareholder of Plug Power?
Among the largest hedge funds holding Plug Power’s share is Coatue Management, LLC. It holds Plug Power’s shares valued at 12M.
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Plug Power Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$4.70 (107.05% Upside)
$4.70 (107.05% Upside)
Blogger Sentiment
Bullish
PLUG Sentiment 60%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 3.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-78.05%
12-Months-Change
Fundamentals
Return on Equity
-42.57%
Trailing 12-Months
Asset Growth
-14.27%
Trailing 12-Months
Company Description
Plug Power
New York-based Plug Power, Inc. is an electrical equipment manufacturing company. It develops hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles powered by electricity.
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PLUG Earnings Call
Q1 2024
0:00 / 0:00
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PLUG Stock 12 Month Forecast
Average Price Target
$4.70
▲(107.05% Upside)
Technical Analysis
Best Analysts Covering PLUG
1 Year
1 Year Success Rate
12/27 ratings generated profit
1 Year Average Return
+52.79%
reiterated a buy rating 2 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 44.44% of your transactions generating a profit, with an average return of +52.79% per trade.
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