Economy

Analysts Expect Plug Power, Inc

The stock now has Weekly Volatility of 6.28% and Monthly Volatility of 6.42%. Craig Hallum's price objective indicates a potential upside of 34.23% from the stock's previous close.

A number of other brokerages have also weighed in on PLUG. (PLUG). These ratios are important while doing valuation of the company or the shares of the company. BidaskClub downgraded shares of Plug Power from a "hold" rating to a "sell" rating in a report on Monday, July 31st. HC Wainwright set a $4.00 price target on shares of Plug Power and gave the stock a buy rating in a research note on Wednesday, August 9th. Finally, ValuEngine upgraded shares of Plug Power from a sell rating to a hold rating in a research note on Friday, July 7th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the stock.

The Stock had a 2 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2 and 2 respectively.

Plug Power Inc. (NASDAQ:PLUG)'s earnings per share has been growing at a 26.3 percent rate over the past 5 year when average revenue increase was noted as 25.5 percent. The share price has moved forward from its 20 days moving average, trading at a distance of 18.33% and stays 28.9% away from its 50 days moving average. Plug Power has a 52-week low of $0.83 and a 52-week high of $2.70. It has a market cap of $656.73 Million.

Plug Power Inc. (PLUG) failed to surprise the stock market in its last reported earnings when it earned -$0.15 a piece versus the consensus-estimated -$0.06.

The company's quick ratio for most recent quarter is 0.7 along with current ratio for most recent quarter of 1.3. Plug Power had a negative return on equity of 86.35% and a negative net margin of 112.95%.

FT reports, The 6 analysts offering 12 month price targets for Plug Power Inc have a median target of 3.25, with a high estimate of 4.00 and a low estimate of 1.30. If you are reading this piece on another publication, it was stolen and republished in violation of US & worldwide trademark & copyright laws. Plug Power Inc. (PLUG) has made its way to a 12-month gain of 72.67%. The correct version of this piece of content can be read at https://www.truebluetribune.com/2017/10/09/craig-hallum-boosts-plug-power-inc-plug-price-target-to-4-00.html. Institutional investors own 17.83% of the company's stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PLUG. Parametric Portfolio Associates LLC acquired a new position in shares of Plug Power in the 1st quarter valued at about $649,000. Archford Capital Strategies LLC now owns 1,847 shares of the electronics maker's stock valued at $115,000 after purchasing an additional 1,838 shares during the period. California State Teachers Retirement System grew its holdings in Plug Power by 5.1% during the second quarter. Brighton Jones LLC bought a new stake in shares of Plug Power during the 2nd quarter valued at $102,000. Teachers Advisors LLC now owns 385,028 shares of the electronics maker's stock valued at $462,000 after acquiring an additional 6,680 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Plug Power by 10.2% in the first quarter. Ltd. now owns 286,299 shares of the electronics maker's stock valued at $395,000 after buying an additional 73,274 shares during the period.

Plug Power Inc (NASDAQ:PLUG) shares traded on 4.21% above secure line and closed at $2.97. American International Group Inc. now owns 111,649 shares of the electronics maker's stock valued at $154,000 after acquiring an additional 7,773 shares during the period.

Plug Power, Inc. (PLUG) now the company's industry has 12.51 P/E and the sector P/E is 16.41.



Like this

Latest


09 October 2017
Model gets rape threats for not shaving her legs
The photo was "liked" more than 20,000 times and received more than 1,000 comments. "Wtf is wrong with you girl?" writes one user. Byström, 26, began receiving the threats after the campaign was posted to YouTube, BBC News reported Wednesday.

09 October 2017
After Donald Trump's threats, Iran signals willingness to talk about ballistic missile
In his speech, Trump is expected to declare the nuclear agreement contrary to America's national security interests. Sanders said that Trump would announce the new reaction to Iranian moves within the next week.

09 October 2017
SNES Classic Has Already Been Hacked To Play Additional Games
And that's before we start talking about the potential to break your SNES Classic Edition by using hacked software to add games. Several tutorials have now been published by the SNES Classic community that make it easy to install more games on your SNES.

09 October 2017
No question of replacing Ashwin, Jadeja: Kuldeep
Talking about his bowling partnership with Yuzvendra Chahal, Kuldeep said, "I have a very good partnership going on with Chahal". Both the spinners share a tally of 16 wickets among them, from four ODIs and one T20I in the ongoing series.

09 October 2017
Microsoft Corp (NASDAQ:MSFT) Institutional Investors Sentiment
The company was maintained on Thursday, July 6 by Canaccord Genuity. (NASDAQ:AAPL) on Tuesday, October 18 with "Hold" rating. Also, insider G Mason Morfit sold 7,000,000 shares of the firm's stock in a transaction on Tuesday, August 8th.

09 October 2017
The Hype Behind VWR Corporation (VWR), Hologic, Inc. (HOLX)
DBT unit penetration increased to 28.5% from 28.0% last month and facility penetration increased to 42.8% from 42.0% last month. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

09 October 2017
Singapore's City Developments mulls buyout of United Kingdom hotel arm
Millennium & Copthorne's founder and chairman Kwek Leng Beng also serves as the executive chairman of its majority shareholder. In the first half of this year, the hotel group accounted for 49 percent of CDL's revenue.

09 October 2017
OSI Systems, Inc. (NASDAQ:OSIS) has Overbought Reading Based on Its RSI
The rating was upgraded by Benchmark on Tuesday, June 21 to "Buy". (NASDAQ:OSIS) on Wednesday, August 9 with "Buy" rating . Finally, Ameritas Investment Partners Inc. acquired a new position in OSI Systems in the 1st quarter worth about $110,000.

09 October 2017
Local closures set for Columbus Day
The same thing can be said about stores and malls as the holiday gives them the flawless opportunity to make business. The Lamesa Post Office lobby will be closed and there will be no delivery of mail on Monday.

09 October 2017
Won't contest 2017 Gujarat Assembly polls: Anandiben Patel to Amit Shah
She contested her second and third assembly elections in 2002 and 2007 from Patan assembly constituency and was elected. Patel who became the first woman chief minister of Gujarat in 2014, resigned in August 2016.



Recommended