With 73.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 65.31 million shares. During the session, the Electrical Equipment & Parts company that operates in wider Industrials sector, reached to the highest price of $2.39 whereas the lowest price it dropped to was $2.18. The 52-week range on PLUG shows that it touched its highest point at $5.14 and its lowest point at $1.60 during that stretch. It currently has a 1-year price target of $2.80. Beta for the stock currently stands at 1.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLUG was down-trending over the past week, with a drop of -18.82%, but this was down by -10.57% over a month. Three-month performance surged to 7.84% while six-month performance fell -12.52%. The stock lost -9.09% in the past year, while it has gained 3.29% so far this year. A look at the trailing 12-month EPS for PLUG yields -2.12 with Next year EPS estimates of -0.62. For the next quarter, that number is -0.23. This implies an EPS growth rate of 46.03% for this year and 49.65% for next year.
Float and Shares Shorts:
At present, 880.45 million PLUG shares are outstanding with a float of 849.44 million shares on hand for trading. On 2024-12-31, short shares totaled 204.87 million, which was 2247.9999 higher than short shares on 1732838400. In addition to Mr. Andrew J. Marsh as the firm’s CEO & Director, Mr. Sanjay K. Shrestha serves as its President,GM of Energy Solutions & Chief Strategy Officer.
Institutional Ownership:
Through their ownership of 0.48449 of PLUG’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, PLUG reported revenue of $173730000.0 and operating income of -$211323000.0. The EBITDA in the recently reported quarter was -$175284000.0 and diluted EPS was -$0.25.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLUG since 16 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With PLUG analysts setting a high price target of 5.0 and a low target of 1.4, the average target price over the next 12 months is 2.79762. Based on these targets, PLUG could surge 127.27% to reach the target high and fall by -36.36% to reach the target low. Reaching the average price target will result in a growth of 27.16% from current levels.
Analysts have provided yearly estimates in a range of -$0.69356 being high and -$1.40782 being low. For PLUG, this leads to a yearly average estimate of -$1.24219.
