Plug Power (NASDAQ:PLUG – Get Free Report) is set to announce its earnings results before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.32) per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Plug Power (NASDAQ:PLUG – Get Free Report) last issued its quarterly earnings data on Friday, March 1st. The electronics maker reported ($1.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by ($0.52). The company had revenue of $222.20 million for the quarter, compared to analyst estimates of $234.21 million. Plug Power had a negative return on equity of 38.09% and a negative net margin of 153.57%. The company’s revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.38) earnings per share. On average, analysts expect Plug Power to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Plug Power Stock Performance
Plug Power stock opened at $2.64 on Wednesday. Plug Power has a fifty-two week low of $2.25 and a fifty-two week high of $13.44. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of -1.15 and a beta of 1.64. The stock has a fifty day moving average of $3.12 and a two-hundred day moving average of $3.88. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.86 and a current ratio of 1.85.
Wall Street Analyst Weigh In
View Our Latest Stock Report on PLUG
Plug Power Company Profile
Plug Power Inc develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.
Further Reading
- Five stocks we like better than Plug Power
- What is the Dogs of the Dow Strategy? Overview and Examples
- Garmin Navigates to New Highs Driven By Wearables Trend
- What does consumer price index measure?
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- What is a Death Cross in Stocks?
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for Plug Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plug Power and related companies with MarketBeat.com's FREE daily email newsletter.