Should I buy or sell Pineapple Energy stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pineapple Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PEGY shares. View PEGY analyst ratings or view top-rated stocks .

What is Pineapple Energy's stock price target for 2024?

1 equities research analysts have issued 12 month target prices for Pineapple Energy's shares. Their PEGY share price targets range from $2.50 to $2.50. On average, they predict the company's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 4,671.0% from the stock's current price. View analysts price targets for PEGY or view top-rated stocks among Wall Street analysts .

How have PEGY shares performed in 2024?

Pineapple Energy's stock was trading at $0.5920 at the beginning of 2024. Since then, PEGY shares have decreased by 91.1% and is now trading at $0.0524. View the best growth stocks for 2024 here .

Are investors shorting Pineapple Energy?

Pineapple Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 447,400 shares, an increase of 29.8% from the March 15th total of 344,800 shares. Based on an average trading volume of 5,760,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.8% of the company's shares are sold short. View Pineapple Energy's Short Interest .

When is Pineapple Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our PEGY earnings forecast .

How do I buy shares of Pineapple Energy?

Shares of PEGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PEGY

Pineapple Energy (PEGY) Stock Price, News & Analysis

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$0.05

0.00 (0.00%)

(As of 04/19/2024 ET)

Compare

Today's Range: $0.05
▼
$0.06
50-Day Range: $0.05
▼
$0.10
52-Week Range: $0.04
▼
$1.73

Volume: 9.22 million shs
Average Volume: 5.43 million shs
Market Capitalization: $3.27 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.50

Get Pineapple Energy alerts:

Pineapple Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 4,671.0% Upside
$2.50 Price Target
Short Interest: Healthy
0.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.09 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Pineapple Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Pineapple Energy has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.75% of the float of Pineapple Energy has been sold short.
Short Interest Ratio / Days to Cover
Pineapple Energy has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Pineapple Energy has recently increased by 29.76%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Pineapple Energy does not currently pay a dividend.
Dividend Growth
Pineapple Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PEGY.

0.6

News and Social Media Coverage

Search Interest
18 people have searched for PEGY on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Pineapple Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pineapple Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.10% of the stock of Pineapple Energy is held by insiders.
Percentage Held by Institutions
Only 4.21% of the stock of Pineapple Energy is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Pineapple Energy is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pineapple Energy is -0.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Pineapple Energy has a P/B Ratio of 0.03. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Pineapple Energy Stock (NASDAQ:PEGY)

Pineapple Energy Inc. engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries. It primarily serves residential homeowners, as well as commercial owners, other municipal customers, energy services companies, and other utilities. Pineapple Energy Inc. was founded in 1969 and is based in Minnetonka, Minnesota.

PEGY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PEGY Stock News Headlines

April 8, 2024 | finance.yahoo.com

Pineapple Energy Encourages Shareholders to Vote FOR the Reverse Stock Split and Increase in Authorized Shares

April 1, 2024 | finance.yahoo.com

Pineapple Energy Inc. (NASDAQ:PEGY) Q4 2023 Earnings Call Transcript

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 30, 2024 | seekingalpha.com

Pineapple Energy Inc. (PEGY) Q4 2023 Earnings Call Transcript

March 29, 2024 | finance.yahoo.com

Q4 2023 Pineapple Energy Inc Earnings Call

March 28, 2024 | globenewswire.com

Pineapple Energy Announced CVR Agreement extended to December 31, 2024

March 28, 2024 | globenewswire.com

Pineapple Energy Reports Fourth Quarter and Full Year 2023 Financial Results

March 23, 2024 | globenewswire.com

Pineapple Energy to Release Fourth Quarter and Full Year 2023 Results, Host Conference Call on March 28

April 19, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 20, 2024 | benzinga.com

Top 5 Industrials Stocks That Are Preparing To Pump In Q1 - Astra Space (NASDAQ:ASTR), Boeing (NYSE:BA)

March 4, 2024 | finance.yahoo.com

Pineapple Energy Participates in Bank of America’s 2024 Power, Utilities and Clean Energy Conference

March 4, 2024 | globenewswire.com

Pineapple Energy Participates in Bank of America's 2024 Power, Utilities and Clean Energy Conference

February 21, 2024 | morningstar.com

Pineapple Energy Inc PEGY

February 7, 2024 | msn.com

Pineapple Energy Stock (NASDAQ:PEGY): Don’t Try to Juice This for Profits

February 6, 2024 | msn.com

Pineapple Holdings Secures $1 Million Through Share Sale

February 5, 2024 | benzinga.com

Gold Moves Lower; ISM Services PMI Beats Estimates

February 5, 2024 | finance.yahoo.com

Pineapple Energy Prices $1.0 Million Registered Direct Offering of Common Stock

February 4, 2024 | msn.com

Pineapple And Coffee Is An Unexpected Pairing You Need To Try

February 4, 2024 | news.yahoo.com

Another 'Pineapple Express' storm is expected to wallop California

February 3, 2024 | news.yahoo.com

'Pineapple Express' storms: One down, another looms. What to know

February 2, 2024 | news.yahoo.com

Slideshow: ‘Pineapple Express’ pummels California

February 2, 2024 | msn.com

‘Pineapple Expresses’ and rising seas are battering California’s piers, threatening iconic landmarks

February 2, 2024 | msn.com

‘Pineapple Express’ sweeps California as an atmospheric river fuels storms and floods state

February 1, 2024 | msn.com

What is a pineapple express? Weather phenomenon pummels California

February 1, 2024 | yahoo.com

First of two 'Pineapple Express' atmospheric river storms slams California with rain, snow

February 1, 2024 | msn.com

California weather: ‘Pineapple Express’ slams West Coast with heavy rain and wind

February 1, 2024 | news.yahoo.com

Nominations for annual Pineapple Awards now open

See More Headlines

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Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Telephone & telegraph apparatus
Sub-Industry: N/A
Current Symbol: NASDAQ:PEGY
CUSIP: N/A
CIK: 22701
Web: www.commsystems.com
Phone: (952) 996-1674
Fax: 952-941-2322
Employees: 255
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.50
High Stock Price Target: $2.50
Low Stock Price Target: $2.50
Potential Upside/Downside: +4,671.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-8,130,000.00
Net Margins: -10.21%
Pretax Margin: -8.57%
Return on Equity: -30.47%
Return on Assets: -10.75%

Debt

Debt-to-Equity Ratio: 0.50
Current Ratio: 0.71
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: $79.63 million
Price / Sales: 0.04
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.99 per share
Price / Book: 0.03

Miscellaneous

Outstanding Shares: 64,080,000
Free Float: 62,731,000
Market Cap: $3.36 million
Optionable: Not Optionable
Beta: 2.33

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Key Executives

Mr. Kyle Udseth (Age 43)
CEO & Director
Comp: $475.74k
Mr. Eric Ingvaldson (Age 43)
Chief Financial Officer
Comp: $224.12k
Ms. Kristin A. Hlavka (Age 42)
Corporate Controller
Comp: $307.77k
Mr. James Brennan
Senior Vice President of Corporate Development

Key Competitors

View All Competitors

Institutional Ownership

Coldstream Capital Management Inc.
Bought 182,812 shares on 2/9/2024
Ownership: 2.800%

View All Institutional Transactions

PEGY Stock Analysis - Frequently Asked Questions

Should I buy or sell Pineapple Energy stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pineapple Energy in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PEGY shares.
View PEGY analyst ratings or view top-rated stocks.
What is Pineapple Energy's stock price target for 2024?: 1 equities research analysts have issued 12 month target prices for Pineapple Energy's shares. Their PEGY share price targets range from $2.50 to $2.50. On average, they predict the company's share price to reach $2.50 in the next twelve months. This suggests a possible upside of 4,671.0% from the stock's current price.
View analysts price targets for PEGY or view top-rated stocks among Wall Street analysts.
How have PEGY shares performed in 2024?: Pineapple Energy's stock was trading at $0.5920 at the beginning of 2024. Since then, PEGY shares have decreased by 91.1% and is now trading at $0.0524.
View the best growth stocks for 2024 here.
Are investors shorting Pineapple Energy?: Pineapple Energy saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 447,400 shares, an increase of 29.8% from the March 15th total of 344,800 shares. Based on an average trading volume of 5,760,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.8% of the company's shares are sold short.
View Pineapple Energy's Short Interest.

When is Pineapple Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our PEGY earnings forecast.
How do I buy shares of Pineapple Energy?: Shares of PEGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PEGY) was last updated on 4/19/2024 by MarketBeat.com Staff

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Pineapple Energy (PEGY) Stock Price, News & Analysis

Pineapple Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pineapple Energy Stock (NASDAQ:PEGY)

PEGY Stock Price History

PEGY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

PEGY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™