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
Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryN/A
SectorUtilities
SymbolNASDAQ:POLA
CUSIPN/A
Phone310-830-9153
Debt
Debt-to-Equity RatioN/A
Current Ratio18.19
Quick Ratio13.92
Price-To-Earnings
Trailing P/E Ratio-79.75
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$14.42 million
Price / Sales4.49
Cash FlowN/A
Price / CashN/A
Book Value$2.26 per share
Price / Book2.82
Profitability
EPS (Most Recent Fiscal Year)($0.08)
Net Income$-750,000.00
Net Margins-11.79%
Return on Equity-7.27%
Return on Assets-6.90%
Miscellaneous
Employees117
Outstanding Shares10,140,000
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) posted its earnings results on Monday, May, 14th. The utilities provider reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.02. The utilities provider earned $4.87 million during the quarter, compared to the consensus estimate of $4.50 million. Polar Power had a negative return on equity of 7.27% and a negative net margin of 11.79%. View Polar Power's Earnings History.
What price target have analysts set for POLA?
1 equities research analysts have issued 1 year price targets for Polar Power's shares. Their predictions range from $5.00 to $5.00. On average, they anticipate Polar Power's share price to reach $5.00 in the next year. View Analyst Ratings for Polar Power.
Who are some of Polar Power's key competitors?
Some companies that are related to Polar Power include Maxwell Technologies (MXWL), Ultralife (ULBI), FuelCell Energy (FCEL), Arotech (ARTX), Highpower International (HPJ), Flux Power (FLUX), CBAK Energy Technology (CBAK), Sono-Tek (SOTK), Security Devices International (SDEV), Manhattan Scientifics (MHTX), Evans & Sutherland Computer (ESCC), Environmental Tectonics Co. Common Stock (ETCC), Neah Power Systems (NPWZ), Oakridge Global Energy Solutions (OGES) and Axion Power International (AXPW).
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 served as the underwriters for the IPO and Feltl and Company was co-manager.
Has Polar Power been receiving favorable news coverage?
News stories about POLA stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Polar Power earned a news sentiment score of 0.09 on Accern's scale. They also assigned press coverage about the utilities provider an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Polar Power's major shareholders?
Which major investors are buying Polar Power stock?
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 $6.38.
How big of a company is Polar Power?
Polar Power has a market capitalization of $64.61 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.
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 (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.
