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
SymbolNASDAQ:POLA
CUSIPN/A
Phone310-830-9153
Debt
Debt-to-Equity Ratio0.03
Current Ratio16.59
Quick Ratio12.13
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$14.42 million
Price / Sales3.74
Cash FlowN/A
Price / CashN/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-6.28%
Return on Equity-4.84%
Return on Assets-4.53%
Miscellaneous
Employees117
Outstanding Shares10,140,000
Market Cap$53.96 million
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) announced its quarterly earnings results on Thursday, August, 9th. The utilities provider reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. The utilities provider had revenue of $5.82 million for the quarter, compared to the consensus estimate of $5.50 million. Polar Power had a negative net margin of 6.28% and a negative return on equity of 4.84%. View Polar Power's Earnings History.
When is Polar Power's next earnings date?
What price target have analysts set for POLA?
1 brokers have issued twelve-month target prices for Polar Power's stock. Their predictions range from $5.00 to $5.00. On average, they expect Polar Power's share price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Polar Power.
What is the consensus analysts' recommendation for Polar Power?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Polar Power in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Polar Power.
Who are some of Polar Power's key competitors?
Some companies that are related to Polar Power include Ultralife (ULBI), Maxwell Technologies (MXWL), FuelCell Energy (FCEL), Arotech (ARTX), Flux Power (FLUX), 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 Oakridge Global Energy Solutions (OGES).
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 IPO 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 acted as the underwriters for the IPO and Feltl and Company was co-manager.
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 $5.32.
How big of a company is Polar Power?
Polar Power has a market capitalization of $53.96 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.
