With 190.22 million shares changed hands, the volume of the stock remained heavier than its average volume of 106.87 million shares. The 52-week range on PLUG shows that it touched its highest point at $3.34 and its lowest point at $0.69 during that stretch. It currently has a 1-year price target of $1.78. Beta for the stock currently stands at 2.12.
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 up-trending over the past week, with a rise of 9.80%, but this was up by 24.98% over a month. Three-month performance dropped to -45.55% while six-month performance fell -52.02%. The stock lost -69.90% in the past year, while it has lost -54.50% so far this year. A look at the trailing 12-month EPS for PLUG yields -2.27 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.16. This implies an EPS growth rate of 77.84% for this year and 35.80% for next year. EPS is expected to grow by 53.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -49.35%.
Float and Shares Shorts:
At present, 1.08 billion PLUG shares are outstanding with a float of 1.01 billion shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.68613 being high and -$1.39274 being low. For PLUG, this leads to a yearly average estimate of -$1.23913. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.19. The average estimate for the next quarter is thus -$0.14.
