Plug Power Inc. (NASDAQ:PLUG) reported its last quarter results on 11/07/2016. This Company belongs to Industrial Products sector.
In the last trading session, The Company traded 2.25 Million shares. The Stock Market opened sessions at 1.25 and closed at 1.24. There was a stock decrease by -0.8 percent.
According to Yahoo Finance, the price target for the company which analysts are aiming is 3. The 1-year price target of the company is 2.34.
Investors expected a price target of -0.03 for this quarter. Zacks Investment Research gave Plug Power Inc. (NASDAQ:PLUG) a rating of 1.67 on a scale of 1 to 5. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.
Considering the performance, Plug Power Inc. (NASDAQ:PLUG)’s shares have the potential to reach a high EPS of -0.01 per share, and a low EPS of -0.07 per share in the current quarter. All of these Earnings estimates are a consensus recommendation of 6 Analysts. According to them, the median (average) EPS the company could deliver is -0.05/share. While the actual EPS the company reported in the same quarter previous year was -0.05/share.
For the quarter ending 08/04/2016, The Analyst projected that the company could deliver EPS of -0.06 while the company provided its Actual EPS of -0.07 showing a difference of -0.01 Percent between the Estimated and Actual EPS. Hence, the surprise factor was -16.7 percent.
Analysts estimated $-0.05/share for the previous Quarter, where Plug Power Inc. (NASDAQ:PLUG) reported Actual EPS of $-0.07/share with the difference of -0.02 percent and a surprise of -40 percent.
The 6 analysts offering 12-month price forecasts for Plug Power Inc have a median target of 2.38, with a high estimate of 3.00 and a low estimate of 1.30. The median estimate represents a +91.53% increase from the last price of 1.24.
For the current quarter, the highest estimate analysts provided is 41.5 Million and the lowest is 31.71 Million. These 5 Analysts are also projecting the mean revenue estimate of 33.95 Million. The year ago sales the company reported in the same quarter is 41.98 Million.
While Looking at Sales Growth (Year/est), the company is currently showing a percentage value of -4 percent.
Plug Power Inc. (NASDAQ:PLUG) topped its 52-week high price target of 2.28 on Apr 25, 2016. The company reached a 52-week low at 1.18 on Dec 30, 2016.
The company’s stock currently has 238.48 Million in market capitalization. The volatility rate is 4.73% percent and 6.20% percent each. Price per earning (ttm) stands at 0.
This year, the company showed a disappointed -4 percent of growth. The next year’s growth is calculated to be 26.9 percent. The company projects a long term annual growth estimate of 25 percent.
Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America’s largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey.