Plug Power Company Profile (NASDAQ:PLUG)

About Plug Power (NASDAQ:PLUG)

Plug Power logoPlug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company's product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled proton exchange membrane (PEM) fuel cell system. It provides power to material handling vehicles. GenFuel is a hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for productivity. GenCare is an ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is a stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Electronics
  • Sub-Industry: N/A
  • Symbol: NASDAQ:PLUG
  • CUSIP: N/A
  • Web: www.plugpower.com
Capitalization:
  • Market Cap: $417.86 million
  • Outstanding Shares: 223,453,000
Average Prices:
  • 50 Day Moving Avg: $2.15
  • 200 Day Moving Avg: $1.47
  • 52 Week Range: $0.83 - $2.70
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -18.70
  • P/E Growth: -0.26
Sales & Book Value:
  • Annual Revenue: $85.83 million
  • Price / Sales: 4.87
  • Book Value: $0.32 per share
  • Price / Book: 5.84
Profitability:
  • EBIDTA: ($51,520,000.00)
  • Net Margins: -69.28%
  • Return on Equity: -36.60%
  • Return on Assets: -18.08%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 1.89%
  • Quick Ratio: 1.26%
Misc:
  • Average Volume: 11.59 million shs.
  • Beta: 1.65
  • Short Ratio: 4.2
 

Frequently Asked Questions for Plug Power (NASDAQ:PLUG)

What is Plug Power's stock symbol?

Plug Power trades on the NASDAQ under the ticker symbol "PLUG."

How were Plug Power's earnings last quarter?

Plug Power Inc (NASDAQ:PLUG) announced its quarterly earnings results on Tuesday, May, 9th. The company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by $0.06. The company had revenue of $15.20 million for the quarter, compared to analyst estimates of $24.90 million. Plug Power had a negative return on equity of 36.60% and a negative net margin of 69.28%. The firm's revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.05) earnings per share. View Plug Power's Earnings History.

Where is Plug Power's stock going? Where will Plug Power's stock price be in 2017?

7 analysts have issued 1 year price objectives for Plug Power's stock. Their forecasts range from $1.30 to $4.00. On average, they expect Plug Power's share price to reach $2.80 in the next year. View Analyst Ratings for Plug Power.

What are analysts saying about Plug Power stock?

Here are some recent quotes from research analysts about Plug Power stock:

  • 1. According to Zacks Investment Research, "Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey. " (3/11/2017)
  • 2. FBR & Co analysts commented, " On Friday, February 24, PLUG held its annual outlook call, announcing in-line preliminary 4Q16 results and 2017 guidance. Our key takeaways are as follows: (1) PLUG slightly beat its 2016 goal with ~4,010 GenDrive units deployed; (2) it posted solid 4Q16 order bookings of $110M with 90% from the U.S., a positive in light of the ITC expiration; (3) 2017 revenue was guided to $130M, up 50% YOY, but we expect a back-half-loaded year, similar to 2016; (4) 2017 bookings are up 18% YOY at $325M, and ~75% of revenue guidance, or $100M, is in contracted backlog; (5) 2017 gross margins of 8%'12% are in line with our expectations of 10.1%; (6) China has the potential to become a significant revenue contributor as PLUG develops its infrastructure and local relationships, although we expect modest revenue contribution in 2017; and (7) management anticipates reaching operating breakeven in 4Q17, although we do not forecast that occurring. Despite the tilt toward a back-half-loaded year, we are encouraged by the continued growth in Plug's core business, improving revenue visibility, and a line of sight toward operating profitability." (2/27/2017)

Are investors shorting Plug Power?

Plug Power saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 34,065,660 shares, an increase of 10.2% from the April 28th total of 30,916,219 shares. Based on an average daily trading volume, of 9,323,634 shares, the short-interest ratio is currently 3.7 days. Approximately 16.2% of the shares of the stock are sold short.

Who are some of Plug Power's key competitors?

Who owns Plug Power stock?

Plug Power's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.18%), Geode Capital Management LLC (0.92%), Bank of New York Mellon Corp (0.41%), Schwab Charles Investment Management Inc. (0.40%), TIAA CREF Investment Management LLC (0.39%) and California Public Employees Retirement System (0.25%). Company insiders that own Plug Power stock include Keith Schmid, Liquide Investissements D' Air, Maureen O Helmer and Sa Axane. View Institutional Ownership Trends for Plug Power.

Who sold Plug Power stock? Who is selling Plug Power stock?

Plug Power's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, JPMorgan Chase & Co., Credit Suisse AG, KBC Group NV, First Trust Advisors LP and Wells Fargo & Company MN. View Insider Buying and Selling for Plug Power.

Who bought Plug Power stock? Who is buying Plug Power stock?

Plug Power's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Parametric Portfolio Associates LLC, Geode Capital Management LLC, Schwab Charles Investment Management Inc., Karp Capital Management Corp, Bank of New York Mellon Corp, Asset Management One Co. Ltd. and Teachers Advisors LLC. View Insider Buying and Selling for Plug Power.

How do I buy Plug Power stock?

Shares of Plug Power can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Plug Power stock cost?

One share of Plug Power stock can currently be purchased for approximately $1.87.

Analyst Ratings

Consensus Ratings for Plug Power (NASDAQ:PLUG) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $2.80 (49.73% upside)

Analysts' Ratings History for Plug Power (NASDAQ:PLUG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/18/2017ValuEngineDowngradeHold -> SellHighView Rating Details
5/17/2017Roth CapitalDowngradeNeutral -> Sell$2.25 -> $1.30HighView Rating Details
5/10/2017FBR & CoSet Price TargetOutperform$3.00LowView Rating Details
4/6/2017Cowen and CompanySet Price TargetBuy$1.75 -> $3.00HighView Rating Details
4/6/2017HC WainwrightSet Price TargetBuy$4.00HighView Rating Details
4/6/2017Rodman & RenshawBoost Price TargetBuy -> Buy$3.00 -> $4.00HighView Rating Details
2/28/2017Morgan StanleyLower Price TargetEqual Weight$3.00 -> $1.50N/AView Rating Details
7/28/2015Craig HallumInitiated CoverageBuy$3.50N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Plug Power (NASDAQ:PLUG)
Earnings by Quarter for Plug Power (NASDAQ:PLUG)
Earnings History by Quarter for Plug Power (NASDAQ:PLUG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q1 2017($0.07)($0.13)$24.90 million$15.20 millionViewListenView Earnings Details
3/9/2017Q4 2016($0.06)($0.08)$32.54 million$32.60 millionViewListenView Earnings Details
11/7/2016Q316($0.05)($0.07)$34.84 million$17.60 millionViewListenView Earnings Details
8/4/2016Q216($0.06)($0.07)$25.32 million$20.50 millionViewN/AView Earnings Details
5/10/2016Q116($0.06)($0.05)$25.53 million$15.30 millionViewListenView Earnings Details
3/10/2016Q415($0.05)($0.05)$36.18 million$38.40 millionViewListenView Earnings Details
11/9/2015Q315($0.05)($0.06)$30.70 million$31.40 millionViewN/AView Earnings Details
8/6/2015Q215($0.07)($0.06)$25.90 million$24.00 millionViewN/AView Earnings Details
5/11/2015Q115($0.06)($0.07)$18.13 million$9.40 millionViewListenView Earnings Details
3/17/2015Q414($0.04)($0.08)$26.30 million$21.45 millionViewN/AView Earnings Details
11/12/2014Q314($0.03)($0.04)$24.40 million$19.90 millionViewN/AView Earnings Details
8/14/2014Q214($0.04)($0.04)$16.73 million$17.30 millionViewN/AView Earnings Details
5/14/2014Q114($0.05)($0.06)$5.35 million$5.60 millionViewN/AView Earnings Details
3/13/2014Q413($0.08)($0.08)$7.45 million$8.03 millionViewN/AView Earnings Details
11/14/2013Q3($0.08)($0.19)$7.80 million$4.60 millionViewListenView Earnings Details
8/8/2013Q2 2013($0.11)($0.14)$6.50 million$7.50 millionViewN/AView Earnings Details
5/14/2013Q1 2013($0.16)($0.18)$6.30 million$6.40 millionViewN/AView Earnings Details
11/13/2012Q312($0.17)($0.27)$7.60 million$4.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Plug Power (NASDAQ:PLUG)
2017 EPS Consensus Estimate: ($0.21)
2018 EPS Consensus Estimate: ($0.16)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.08)($0.05)($0.07)
Q2 20172($0.08)($0.05)($0.07)
Q3 20172($0.04)($0.03)($0.04)
Q4 20172($0.05)($0.03)($0.04)
Q1 20181($0.05)($0.05)($0.05)
Q2 20181($0.05)($0.05)($0.05)
Q3 20181($0.03)($0.03)($0.03)
Q4 20181($0.03)($0.03)($0.03)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Plug Power (NASDAQ:PLUG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Plug Power (NASDAQ:PLUG)
Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 17.83%
Insider Trades by Quarter for Plug Power (NASDAQ:PLUG)
Institutional Ownership by Quarter for Plug Power (NASDAQ:PLUG)
Insider Trades by Quarter for Plug Power (NASDAQ:PLUG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/24/2016Maureen O HelmerDirectorSell30,000$1.96$58,800.00View SEC Filing  
12/16/2015Liquide Investissements D' AirDirectorSell13,281$2.26$30,015.06View SEC Filing  
8/26/2015Sa AxaneDirectorSell6,394,539$1.67$10,678,880.13View SEC Filing  
8/26/2014Liquide Investissements D' AirDirectorSell5,521,676$5.80$32,025,720.80View SEC Filing  
8/20/2013Andrew MarshCEOBuy32,218$0.38$12,242.84View SEC Filing  
6/12/2013Andrew MarshCEOBuy172,870$0.21$36,302.70View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Plug Power (NASDAQ:PLUG)
Latest Headlines for Plug Power (NASDAQ:PLUG)
Source:
DateHeadline
investopedia.com logoWhy Amazon Invested in Plug Power (AMZN, PLUG)
www.investopedia.com - May 24 at 7:31 PM
finance.yahoo.com logoWhy Amazon Invested in Plug Power
finance.yahoo.com - May 24 at 7:31 PM
finance.yahoo.com logoPlug Power, Inc. breached its 50 day moving average in a Bearish Manner : PLUG-US : May 18, 2017
finance.yahoo.com - May 19 at 12:03 PM
americanbankingnews.com logoPlug Power Inc (PLUG) Cut to "Sell" at ValuEngine
www.americanbankingnews.com - May 18 at 3:28 PM
seekingalpha.com logoHarsh Research Note Causes Plug Power's Shares To Tumble - Seeking Alpha
seekingalpha.com - May 18 at 7:49 AM
finance.yahoo.com logoPlug Shares Unplugged After Analyst Says Sell, Calls Amazon Deal Dilutive
finance.yahoo.com - May 17 at 7:11 PM
finance.yahoo.com logo3 Reasons Everyone May Have Been Wrong About Plug Power's Amazon Deal
finance.yahoo.com - May 17 at 7:11 PM
finance.yahoo.com logoPlug Power Inc. Dips on Bearish Analyst Note
finance.yahoo.com - May 17 at 7:11 PM
americanbankingnews.com logoPlug Power Inc (PLUG) Stock Rating Lowered by Roth Capital
www.americanbankingnews.com - May 17 at 9:08 AM
seekingalpha.com logoPlug Power: Total Disaster - Seeking Alpha
seekingalpha.com - May 17 at 8:30 AM
finance.yahoo.com logoETFs with exposure to Plug Power, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 6:32 PM
bizjournals.com logoPlug Power names new board member
www.bizjournals.com - May 15 at 9:51 AM
finance.yahoo.com logoEdited Transcript of PLUG earnings conference call or presentation 9-May-17 2:00pm GMT
finance.yahoo.com - May 15 at 9:50 AM
nasdaq.com logoGregory Graves Joins Plug Power Board of Directors - Nasdaq
www.nasdaq.com - May 14 at 10:55 AM
globenewswire.com logoGregory Graves Joins Plug Power Board of Directors - GlobeNewswire (press release)
globenewswire.com - May 13 at 1:03 AM
seekingalpha.com logoPlug Power - Q1 Takeaways - Abysmal Quarter Puts Full Year Targets At Substantial Risk
seekingalpha.com - May 12 at 8:02 PM
finance.yahoo.com logoPlug Power, Inc. :PLUG-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 8:02 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Plug Power Inc (PLUG) Reduced by FBR & Co
www.americanbankingnews.com - May 12 at 8:50 AM
americanbankingnews.com logoPlug Power Inc (PLUG) Short Interest Update
www.americanbankingnews.com - May 12 at 7:10 AM
seekingalpha.com logoMore on Plug Power's Q1 - Seeking Alpha
seekingalpha.com - May 10 at 7:29 PM
americanbankingnews.com logoPlug Power Inc (PLUG) Given Outperform Rating at FBR & Co
www.americanbankingnews.com - May 10 at 3:26 PM
finance.yahoo.com logoPlug Power Opens Booth at UTC Telecom & Technology 2017
finance.yahoo.com - May 10 at 11:35 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Plug Power Inc (PLUG) Will Announce Quarterly Sales of $36.05 Million
www.americanbankingnews.com - May 10 at 9:46 AM
seekingalpha.com logoPlug Power's (PLUG) CEO Andy Marsh on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 9 at 6:50 PM
finance.yahoo.com logoWhy Plug Power Plunged 10%
finance.yahoo.com - May 9 at 6:50 PM
americanbankingnews.com logoPlug Power Inc (PLUG) Announces Quarterly Earnings Results
www.americanbankingnews.com - May 9 at 11:48 AM
seekingalpha.com logoPlug Power, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - May 9 at 11:04 AM
finance.yahoo.com logoPlug Power Announces 2017 First Quarter Results
finance.yahoo.com - May 9 at 11:04 AM
finance.yahoo.com logoWhy Plug Power’s Earnings, Revenue Miss May Not Be So Bad
finance.yahoo.com - May 9 at 11:04 AM
finance.yahoo.com logoImplied Volatility Surging for Plug Power (PLUG) Stock Options
finance.yahoo.com - May 9 at 11:04 AM
finance.yahoo.com logoInvestor Network: PLUG POWER INC to Host Earnings Call
finance.yahoo.com - May 9 at 11:04 AM
finance.yahoo.com logoAmazon Partner Plug Power's Earnings Miss Target
finance.yahoo.com - May 9 at 11:04 AM
investorplace.com logoPlug Power Inc (PLUG) Stock Delivers a Loss Despite Amazon.com, Inc’s (AMZN) Boost
investorplace.com - May 9 at 10:21 AM
investorplace.com logoPlug Power Inc (PLUG) Stock Delivers a Loss Despite Amazon.com, Inc’s (AMZN) Boost
investorplace.com - May 9 at 9:42 AM
marketbeat.com logoPlug Power reports 1Q loss
marketbeat.com - May 9 at 8:59 AM
americanbankingnews.com logo Analysts Anticipate Plug Power Inc (PLUG) Will Announce Earnings of -$0.07 Per Share
www.americanbankingnews.com - May 8 at 8:14 PM
seekingalpha.com logoInvestor Movement Index For April 2017
seekingalpha.com - May 8 at 6:39 PM
finance.yahoo.com logoWhy Plug Power Skyrocketed 64% in April
finance.yahoo.com - May 8 at 12:01 PM
americanbankingnews.com logoPlug Power Inc (PLUG) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - May 5 at 9:48 AM
finance.yahoo.com logoPlug Power to Announce 2017 First Quarter Results on May 9, 2017 - Yahoo Finance
finance.yahoo.com - May 4 at 8:16 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Extremely Likely to Impact Plug Power (PLUG) Stock Price
www.americanbankingnews.com - May 3 at 5:46 PM
americanbankingnews.com logoPlug Power Inc (PLUG) Stock Rating Reaffirmed by FBR & Co
www.americanbankingnews.com - May 3 at 2:44 PM
finance.yahoo.com logoPlug Power to Announce 2017 First Quarter Results on May 9, 2017
finance.yahoo.com - May 2 at 10:19 AM
finance.yahoo.com logoHow much Plug Power's Andy Marsh made in 2016
finance.yahoo.com - May 1 at 6:25 PM
americanbankingnews.com logoPositive Press Coverage Very Likely to Impact Plug Power (PLUG) Stock Price
www.americanbankingnews.com - April 26 at 8:58 PM
americanbankingnews.com logoPlug Power's (PLUG) "Outperform" Rating Reaffirmed at FBR & Co
www.americanbankingnews.com - April 24 at 1:12 PM
americanbankingnews.com logoPlug Power (PLUG) Getting Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 23 at 8:33 PM
finance.yahoo.com logoETFs with exposure to Plug Power, Inc. : April 21, 2017
finance.yahoo.com - April 21 at 7:04 PM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Plug Power Inc (PLUG) Issued By FBR & Co
www.americanbankingnews.com - April 21 at 9:31 AM
americanbankingnews.com logoPlug Power (PLUG) Earning Somewhat Negative News Coverage, Report Shows
www.americanbankingnews.com - April 20 at 8:35 PM

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Plug Power (PLUG) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff