20 May, 2017
Many analysts are providing their Estimated Earnings analysis for Plug Power Inc. and for the current quarter 6 analysts have projected that the stock could give an Average Earnings estimate of $-0.06/share. Looking at the stock's movement on the chart, Plug Power Inc. recorded a 52-week high of $2.70.
A number of other equities research analysts have also recently weighed in on the company. (NASDAQ:CRIS), its shares were trading at $1.82 a gain of $0.01, on the trading floor. (PLUG) is -0.13 while the analysts predicted the EPS of the stock to be -0.07 suggesting the company fell short of the analysts' expectations. HC Wainwright set a $4.00 target price on Plug Power and gave the stock a buy rating in a research report on Thursday, April 6th. Buy rating has been given by 1 analysts to the company stock whereas 3 analysts given UNDERPERFORM rating to stock and 9 analysts given HOLD rating. Zacks Investment Research lowered Plug Power from a hold rating to a sell rating in a research report on Wednesday, January 18th. The consensus recommendation by Thomson Reuters analysts is Hold and their mean rating for the stock is 3.13 on scale of 1-5. The company presently has an average rating of Buy and a consensus price target of $2.71.
Plug Power Inc. (PLUG) has a 52-week high of $2.70 and a 52-week low of $0.83. The stock is trading $1.83 its 50-day moving average by -0.11%. The stock's market capitalization is $390.02 million.
CSCO was trading -2.25% below its 52-week high and 32.16% above its 52-week low.
5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Plug Power, Inc. The reduced rating and target come after the hydrogen fuel cell maker reported weak first-quarter results, with revenue and EPS at $15.2 million and $0.13, well below Irwin's estimates of $13.4 million and $0.06, respectively. The Return on Equity ratio of Plug Power Inc.
Plug Power Inc (NASDAQ:PLUG)'s revenue estimates for the current quarter are $27.42 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $28.97 Million in contradiction of low revenue estimates of $24.3 Million. The difference between the expected and actual EPS was $-0.06/share, which represents an Earnings surprise of -85.7%. The company's shares closed yesterday at $2.04. Plug Power Inc (NASDAQ:PLUG) has risen 6.00% since April 18, 2017 and is uptrending. If you are accessing this news story on another website, it was illegally copied and republished in violation of United States and global trademark and copyright legislation. American International Group Inc. raised its stake in shares of Plug Power by 7.5% in the first quarter. Schwab Charles Investment Management Inc. now owns 768,662 shares of the electronics maker's stock valued at $1,061,000 after buying an additional 262,147 shares during the period. Two Sigma Securities LLC purchased a new stake in shares of Plug Power during the third quarter worth $174,000. Aperio Group LLC boosted its stake in shares of Plug Power by 15.3% in the third quarter. Geode Capital Management LLC increased its stake in shares of Plug Power by 30.4% in the first quarter. Teachers Advisors LLC now owns 447,435 shares of the electronics maker's stock worth $617,000 after buying an additional 62,407 shares during the last quarter. The bigger the return, the more efficient management is in utilizing its asset base.