Is Plug Power Stock a Good Investment?
Plug Power Investment Advice | PLUG |
- Examine Plug Power's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Plug Power's leadership team and their track record. Good management can help Plug Power navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Plug Power's business and its evolving consumer preferences.
- Compare Plug Power's performance and market position to its competitors. Analyze how Plug Power is positioned in terms of product offerings, innovation, and market share.
- Check if Plug Power pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Plug Power's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Plug Power stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Plug Power is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Plug Power Stock
Researching Plug Power's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 48.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Plug Power recorded a loss per share of 2.11. The entity last dividend was issued on the 29th of October 2010. The firm had 1:10 split on the 20th of May 2011.
To determine if Plug Power is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Plug Power's research are outlined below:
| Plug Power generated a negative expected return over the last 90 days | |
| Plug Power has high historical volatility and very poor performance | |
| Plug Power may become a speculative penny stock | |
| Plug Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 891.34 M. Net Loss for the year was (1.37 B) with loss before overhead, payroll, taxes, and interest of (167.56 M). | |
| Plug Power currently holds about 2.7 B in cash with (1.11 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Plug Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from simplywall.st: Zhejiang Zheneng Electric Power Is Doing The Right Things To Multiply Its Share Price |
Plug Power uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Plug Power. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Plug Power's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Plug Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Plug Power's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-03-05 | 2019-12-31 | -0.06 | -0.07 | -0.01 | 16 | ||
2018-11-08 | 2018-09-30 | -0.08 | -0.07 | 0.01 | 12 | ||
2016-08-04 | 2016-06-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2016-05-10 | 2016-03-31 | -0.06 | -0.05 | 0.01 | 16 | ||
2015-11-09 | 2015-09-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2015-05-11 | 2015-03-31 | -0.06 | -0.07 | -0.01 | 16 | ||
2014-11-12 | 2014-09-30 | -0.03 | -0.04 | -0.01 | 33 | ||
2014-05-14 | 2014-03-31 | -0.05 | -0.06 | -0.01 | 20 |
Know Plug Power's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Plug Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Plug Power backward and forwards among themselves. Plug Power's institutional investor refers to the entity that pools money to purchase Plug Power's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | First Trust Advisors L.p. | 2024-06-30 | 4.1 M | Amvescap Plc. | 2024-06-30 | 3.7 M | Ing Investment Management Llc | 2024-06-30 | 3.7 M | Van Eck Associates Corporation | 2024-06-30 | 3.4 M | Amundi | 2024-06-30 | 3.4 M | Goldman Sachs Group Inc | 2024-06-30 | 3.2 M | Ubs Group Ag | 2024-06-30 | 3 M | Wells Fargo & Co | 2024-06-30 | 3 M | Nuveen Asset Management, Llc | 2024-06-30 | 2.9 M | Vanguard Group Inc | 2024-09-30 | 82.9 M | Blackrock Inc | 2024-06-30 | 62.4 M |
Plug Power's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.75 B.Market Cap |
|
Plug Power's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.29) | (0.30) | |
| Return On Capital Employed | (0.34) | (0.36) | |
| Return On Assets | (0.28) | (0.29) | |
| Return On Equity | (0.47) | (0.50) |
Determining Plug Power's profitability involves analyzing its financial statements and using various financial metrics to determine if Plug Power is a good buy. For example, gross profit margin measures Plug Power's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Plug Power's profitability and make more informed investment decisions.
Evaluate Plug Power's management efficiency
Plug Power has return on total asset (ROA) of (0.1318) % which means that it has lost $0.1318 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4318) %, meaning that it created substantial loss on money invested by shareholders. Plug Power's management efficiency ratios could be used to measure how well Plug Power manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.3. The current Return On Capital Employed is estimated to decrease to -0.36. At this time, Plug Power's Total Current Assets are most likely to increase significantly in the upcoming years. The Plug Power's current Other Current Assets is estimated to increase to about 336.7 M, while Return On Tangible Assets are projected to decrease to (0.30).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.87 | 4.62 | |
| Tangible Book Value Per Share | 4.55 | 4.32 | |
| Enterprise Value Over EBITDA | (2.62) | (2.75) | |
| Price Book Value Ratio | 0.92 | 0.88 | |
| Enterprise Value Multiple | (2.62) | (2.75) | |
| Price Fair Value | 0.92 | 0.88 | |
| Enterprise Value | 3.3 B | 3.5 B |
Plug Power benefits from a management team that prioritizes both innovation and efficiency. We analyze these priorities to gauge the stock's future performance.
Beta 1.81 |
Basic technical analysis of Plug Stock
As of the 22nd of November, Plug Power holds the Coefficient Of Variation of (6,854), variance of 35.98, and insignificant Risk Adjusted Performance. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plug Power, as well as the relationship between them. Please check Plug Power market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Plug Power is priced some-what accurately, providing market reflects its current price of 1.89 per share. Please also confirm Plug Power jensen alpha, which is currently at (0.09) to check out the company can sustain itself at a future point.Plug Power's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Plug Power insiders, such as employees or executives, is commonly permitted as long as it does not rely on Plug Power's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Plug Power insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Gary Willis over a year ago Acquisition by Gary Willis of 2138 shares of Plug Power subject to Rule 16b-3 |
Plug Power's Outstanding Corporate Bonds
Plug Power issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Plug Power uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Plug bonds can be classified according to their maturity, which is the date when Plug Power has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Plug Power's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Plug Power's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.6967 | |||
| Mean Deviation | 4.46 | |||
| Coefficient Of Variation | (6,854) | |||
| Standard Deviation | 6.0 | |||
| Variance | 35.98 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.6867 | |||
| Maximum Drawdown | 41.92 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 9.8 | |||
| Skewness | (0.02) | |||
| Kurtosis | 2.92 |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | 0.6967 | |||
| Mean Deviation | 4.46 | |||
| Coefficient Of Variation | (6,854) | |||
| Standard Deviation | 6.0 | |||
| Variance | 35.98 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.6867 | |||
| Maximum Drawdown | 41.92 | |||
| Value At Risk | (6.99) | |||
| Potential Upside | 9.8 | |||
| Skewness | (0.02) | |||
| Kurtosis | 2.92 |
Consider Plug Power's intraday indicators
Plug Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Plug Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Plug Power time-series forecasting models is one of many Plug Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Plug Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Plug Stock media impact
Far too much social signal, news, headlines, and media speculation about Plug Power that are available to investors today. That information is available publicly through Plug media outlets and privately through word of mouth or via Plug internal channels. However, regardless of the origin, that massive amount of Plug data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Plug Power news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Plug Power relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Plug Power's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Plug Power alpha.
Plug Power Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Plug Power can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Is Plug Power Stock a Buy?
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Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Plug Power Historical Investor Sentiment
Investor biases related to Plug Power's public news can be used to forecast risks associated with an investment in Plug. The trend in average sentiment can be used to explain how an investor holding Plug can time the market purely based on public headlines and social activities around Plug Power. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Plug Power's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Plug Power and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Plug Power news discussions. The higher the estimate score, the more favorable the investor's outlook on Plug Power.
Plug Power Corporate Management
| Keith Schmid | Executive Projects | Profile | |
| Tammy Kimble | Vice Resources | Profile | |
| Meryl Fritz | Manager Communications | Profile | |
| Dean Fullerton | Chief Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plug Power. If investors know Plug will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.11) | Revenue Per Share 0.929 | Quarterly Revenue Growth (0.13) | Return On Assets (0.13) | Return On Equity (0.43) |
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plug Power's market value can be influenced by many factors that don't directly affect Plug Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Plug Power's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.