Healthy Upside Potential: Plug Power Inc (PLUG)

With 27.34 million shares changed hands, the volume of the stock remained lighter than its average volume of 44.16 million shares. The 52-week range on PLUG shows that it touched its highest point at $13.44 and its lowest point at $2.26 during that stretch. It currently has a 1-year price target of $5.12. Beta for the stock currently stands at 1.56.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of PLUG was up-trending over the past week, with a rise of 3.50%, but this was down by -19.15% over a month. Three-month performance dropped to -25.29% while six-month performance fell -50.83%. The stock lost -64.94% in the past year, while it has lost -27.78% so far this year. A look at the trailing 12-month EPS for PLUG yields -2.28 with Next year EPS estimates of -0.55. For the next quarter, that number is -0.33. This implies an EPS growth rate of 54.98% for this year and 47.06% for next year.

Float and Shares Shorts:

At present, 684.25 million PLUG shares are outstanding with a float of 616.23 million shares on hand for trading. On Mar 28, 2024, short shares totaled 183.77 million, which was 26.86% higher than short shares on Feb 29, 2024.

Institutional Ownership:

Through their ownership of 46.53% of PLUG’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PLUG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, PLUG has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and PLUG currently yields $0.00. In the past year, PLUG’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, PLUG has a current buyback yield of $0.00. This was $0.00 for the TTM, and it was $– for the past five years.