NASDAQ:POLAPolar Power Stock Price, Forecast & News

$1.37

+0.03 (+2.24 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$1.31

Now: $1.37▼

$1.39

50-Day Range

$1.13

MA: $1.34▼

$1.74

52-Week Range

$0.95

Now: $1.37▼

$5.00

Volume52,400 shs

Average Volume83,243 shs

Market Capitalization$13.87 million

P/E Ratio19.57

Dividend YieldN/A

Beta1.4

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Polar Power.

2.6 Community Rank

Outperform Votes
Polar Power has received 231 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Polar Power has received 210 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Polar Power has received 52.38% “outperform” votes from our community.

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.

0.0 Dividend Strength

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

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Polar Power insiders have not sold or bought any company stock.
Percentage Held by Insiders
61.80% of the stock of Polar Power is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.14% of the stock of Polar Power is held by institutions.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Polar Power is 19.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Polar Power is 19.57, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.85.
Price to Book Value per Share Ratio
Polar Power has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.97 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous electrical machinery, equipment, & supplies

Sub-IndustryN/A

SectorUtilities

Current SymbolNASDAQ:POLA

Previous Symbol

CUSIPN/A

CIK1622345

Webwww.polarpower.com

Phone310-830-9153

Debt

Debt-to-Equity Ratio0.13

Current Ratio6.98

Quick Ratio1.92

Price-To-Earnings

Trailing P/E Ratio19.57

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$24.80 million

Price / Sales0.56

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.81 per share

Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-4,050,000.00

Net Margins-16.31%

Return on Equity-18.51%

Return on Assets-14.53%

Miscellaneous

Employees179

Outstanding Shares10,126,000

Market Cap$13.87 million

Next Earnings Date6/3/2020 (Estimated)

OptionableNot Optionable

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Polar Power (NASDAQ:POLA) Frequently Asked Questions

How has Polar Power's stock been impacted by COVID-19 (Coronavirus)?

Polar Power's stock was trading at $1.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, POLA shares have decreased by 21.7% and is now trading at $1.37. View which stocks have been most impacted by Coronavirus.

When is Polar Power's next earnings date?

Polar Power is scheduled to release its next quarterly earnings announcement on Wednesday, June 3rd 2020. View our earnings forecast for Polar Power.

How were Polar Power's earnings last quarter?

Polar Power Inc (NASDAQ:POLA) released its quarterly earnings results on Thursday, May, 14th. The utilities provider reported ($0.47) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.11) by $0.36. Polar Power had a negative return on equity of 18.51% and a negative net margin of 16.31%. View Polar Power's earnings history.

Has Polar Power been receiving favorable news coverage?

Media headlines about POLA stock have been trending extremely positive on Thursday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Polar Power earned a media sentiment score of 4.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View the latest news aboutPolar Power.

Are investors shorting Polar Power?

Polar Power saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 79,500 shares, an increase of 76.7% from the April 30th total of 45,000 shares. Based on an average trading volume of 87,300 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.3% of the shares of the company are sold short. View Polar Power's Current Options Chain.

Who are some of Polar Power's key competitors?

Some companies that are related to Polar Power include Flux Power (FLUX), Security Devices International (SDEV), Sono-Tek (SOTK), CBAK Energy Technology (CBAT), Evans & Sutherland Computer (ESCC), Manhattan Scientifics (MHTX), Environmental Tectonics (ETCC), mPhase Technologies (XDSL), Oakridge Global Energy Solutions (OGES) and Wireless Xcessories Group (WIRX). View all competitors.

What other stocks do shareholders of Polar Power own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Polar Power investors own include FuelCell Energy (FCEL), NVIDIA (NVDA), Orion Energy Systems (OESX), Airgain (AIRG), Actinium Pharmaceuticals (ATNM), Co-Diagnostics (CODX), CVS Health (CVS), H & R Block (HRB), Ibio (IBIO) and Inovio Pharmaceuticals (INO).

Who are Polar Power's key executives?

Polar Power's management team includes the following people:

Mr. Arthur D. Sams, Chairman, Pres, CEO & Sec. (Age 68)
Mr. Luis Zavala, Chief Financial Officer (Age 49)
Mr. Rajesh Masina, Chief Operating Officer (Age 37)

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 $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.

What is Polar Power's stock symbol?

Polar Power trades on the NASDAQ under the ticker symbol "POLA."

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, Robinhood, Fidelity, and Charles Schwab.

What is Polar Power's stock price today?

One share of POLA stock can currently be purchased for approximately $1.37.

How big of a company is Polar Power?

Polar Power has a market capitalization of $13.87 million and generates $24.80 million in revenue each year. Polar Power employs 179 workers across the globe.

What is Polar Power's official website?

The official website for Polar Power is www.polarpower.com.

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff