Plug Power’s fuel cells can be used in the transportation, telecommunications and utility sectors. Now, a number of automakers, including Toyota (NYSE: TM), are knocking on Plug Power’s door looking to use its hydrogen fuel cells in their electric vehicles. 7 High-Yield Dividend Companies to Invest in During the Pandemic.However, thanks to investments from Amazon (NASDAQ: AMZN) and Walmart (NYSE: WMT), Plug Power has succeeded in developing electric indoor forklifts that are widely used by leading companies such as Home Depot (NYSE: HD), Nike (NYSE: NKE) and Kroger (NYSE: KR). But the stock lost nearly all of its value in the 2008 financial crisis and as interest in hydrogen fuel cells waned. The stock was a high flying darling of the technology sector in the 2000s. The company has been around since 1997 and went public in 2002. While it has seen blockbuster returns in 2020, PLUG stock is not new. Investors looking for growth in their portfolio might want to grab shares of Plug Power while they’re still trading under $25. The prospect of a Biden presidency led the stock to jump 13% on Nov. PLUG stock is already benefiting from the rise of electric vehicles and the resurgence of the green movement, up a massive 580% since March to about $20 a share. The Latham, New York-based manufacturer of hydrogen fuel cell systems that replace conventional batteries in equipment and vehicles that are powered by electricity could be a beneficiary of Joe Biden’s proposed $1.7 billion green energy infrastructure plan should the former vice president win the White House.
Plug Power (PLUG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.Source: Alexander Kirch / Is a Surprise Coming for Plug Power (PLUG) This Earnings Season? Geopolitical risk factors are weighing on the hydrogen fuel-cell specialist''s valuation. The bearish momentum on PLUG stock will prevail in the short term.Ĭristian Docan on InvestorPlace | February 23, 2022 Plug Power’s Bearish Momentum Isn’t Over Yet Select analysts and investment banks are looking for these fast-growing stocks to skyrocket in 2022. Is PLUG stock a buy now?ģ Growth Stocks With Monster Upside of 253% to 650%, According to Wall Street
Hydrogen fuel cell maker Plug Power sees 2022 revenue surging 80% year over year to up to $925 million. Is PLUG Stock A Buy As Investors Pump Breaks On Clean-Energy Stocks? The table below shows PLUG's key quality metrics over time.īelow are the latest news stories about Plug Power Inc that investors may wish to consider to help them evaluate PLUG as an investment opportunity. EMR, CCF, and WWD are the stocks whose asset turnover ratios are most correlated with PLUG.PLUG's asset turnover comes in at -0.001 - ranking 53rd of 53 Electrical Equipment stocks.PLUG has a Quality Grade of F, ranking ahead of 3.21% of graded US stocks.Here are some key insights as we drill into the specifics of these quality attributes. PLUG's Quality FactorsThe “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. The table below shows PLUG's growth in key financial areas (numbers in millions of US dollars). Over the past 15 months, PLUG's revenue has gone up $188,268,000. Its 4 year price growth rate is now at 144.62%.Its year over year net income to common stockholders growth rate is now at -595.45%.The 4 year net cashflow from operations growth rate now stands at -85.65%. PLUG's EV/EBIT ratio has moved down 12.9 over the prior 243 months.īelow are key valuation metrics over time for PLUG.Over the past 243 months, PLUG's EV/EBIT ratio has gone down 12.9.PLUG's price/earnings ratio is -20.9 this is 180.23% lower than that of the median Industrials stock.And to visit Plug Power Inc's official web site, go to PLUG Valuation Summary Stocks that are quantitatively similar to PLUG, based on their financial statements, market capitalization, and price volatility, are COUP, UCL, AXDX, FIVN, and DRIO.As for revenue growth, note that PLUG's revenue has grown -638.78% over the past 12 months that beats the revenue growth of only 0.05% of US companies in our set.With a price/sales ratio of 34.11, Plug Power Inc has a higher such ratio than 94.91% of stocks in our set.The capital turnover (annual revenue relative to shareholder's equity) for PLUG is 0.11 - better than merely 11.88% of US stocks.PLUG ranks lowest in Quality there it ranks in the 1st percentile.PLUG's strongest trending metric is Momentum it's been moving down over the last 179 days.Momentum is the dimension where PLUG ranks best there it ranks ahead of 20.68% of US stocks.
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