Polar Power, Inc. designs, manufactures, and sells direct current (DC) power systems for applications in the telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets in the United States and internationally. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems. Polar Power, Inc. installs, sells, and services its products through its direct sales force, and a network of independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was founded in 1979 and is headquartered in Gardena, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryN/A
SectorUtilities
Current SymbolNASDAQ:POLA
Previous Symbol
CUSIPN/A
Phone310-830-9153
Debt
Debt-to-Equity Ratio0.03
Current Ratio12.42
Quick Ratio8.46
Price-To-Earnings
Trailing P/E Ratio-66.25
Forward P/E Ratio-176.67
P/E GrowthN/A
Sales & Book Value
Annual Sales$14.42 million
Price / Sales3.73
Cash FlowN/A
Price / Cash FlowN/A
Book Value$2.26 per share
Price / Book2.35
Profitability
EPS (Most Recent Fiscal Year)($0.08)
Net Income$-750,000.00
Net Margins-7.39%
Return on Equity-6.43%
Return on Assets-5.94%
Miscellaneous
Employees117
Outstanding Shares10,140,000
Market Cap$53.65 million
OptionableNot Optionable
Polar Power (NASDAQ:POLA) Frequently Asked Questions
What is Polar Power's stock symbol?
Polar Power trades on the NASDAQ under the ticker symbol "POLA."
How were Polar Power's earnings last quarter?
Polar Power Inc (NASDAQ:POLA) released its quarterly earnings data on Tuesday, November, 13th. The utilities provider reported ($0.07) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.09. The utilities provider earned $5.06 million during the quarter, compared to analyst estimates of $7 million. Polar Power had a negative net margin of 7.39% and a negative return on equity of 6.43%. View Polar Power's Earnings History.
When is Polar Power's next earnings date?
Has Polar Power been receiving favorable news coverage?
News articles about POLA stock have been trending positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Polar Power earned a news impact score of 2.3 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term.
Who are some of Polar Power's key competitors?
Some companies that are related to Polar Power include Ultralife (ULBI), Maxwell Technologies (MXWL), Flux Power (FLUX), Arotech (ARTX), FuelCell Energy (FCEL), Sono-Tek (SOTK), Highpower International (HPJ), CBAK Energy Technology (CBAK), Security Devices International (SDEV), Evans & Sutherland Computer (ESCC), Manhattan Scientifics (MHTX), Environmental Tectonics (ETCC), Spectrum Global Solutions (SGSI), Neah Power Systems (NPWZ) and Wireless Xcessories Group (WIRX).
Who are Polar Power's key executives?
Polar Power's management team includes the folowing people:
- Mr. Arthur D. Sams, Chairman, Pres, CEO & Sec. (Age 67)
- Mr. Luis Zavala, Chief Financial Officer (Age 48)
- Mr. Rajesh Masina, Chief Operations Officer (Age 36)
- Mr. Adam Szczepanek, VP of Bus. Devel. - North America (Age 54)
- Mr. Christopher Sabo, Director of Telecom Sales & Bus. Devel. - North America
When did Polar Power IPO?
(POLA) raised $15 million in an initial public offering on Wednesday, December 7th 2016. The company issued 2,000,000 shares at a price of $7.00-$8.00 per share. Roth Capital Partners and Joseph Gunnar served as the underwriters for the IPO and Feltl and Company was co-manager.
Who are Polar Power's major shareholders?
Polar Power's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Foundry Partners LLC (1.51%).
Which institutional investors are selling Polar Power stock?
POLA stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC.
How do I buy shares of Polar Power?
Shares of POLA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Polar Power's stock price today?
One share of POLA stock can currently be purchased for approximately $5.25.
How big of a company is Polar Power?
Polar Power has a market capitalization of $53.65 million and generates $14.42 million in revenue each year. The utilities provider earns $-750,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Polar Power employs 117 workers across the globe.
What is Polar Power's official website?
How can I contact Polar Power?
Polar Power's mailing address is 249 E. GARDENA BOULEVARD, GARDENA CA, 90248. The utilities provider can be reached via phone at 310-830-9153 or via email at [email protected]
MarketBeat Community Rating for Polar Power (NASDAQ POLA)
MarketBeat's community ratings are surveys of what our community members think about Polar Power and other stocks. Vote "Outperform" if you believe POLA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe POLA will underperform the S&P 500 over the long term. You may vote once every thirty days.
