NASDAQ:POLA

Polar Power Stock Forecast, Price & News

$27.38

+3.78 (+16.02 %)

(As of 01/25/2021 05:09 PM ET)

Add

Compare

Today's Range

$21.66

Now: $27.38▼

$30.82

50-Day Range

$3.89

MA: $6.38▼

$15.97

52-Week Range

$0.95

Now: $27.38▼

$30.82

Volume7.56 million shs

Average Volume6.65 million shs

Market Capitalization$322.43 million

P/E RatioN/A

Dividend YieldN/A

Beta1.06

Polar Power, Inc. designs, manufactures, and sells direct current (DC), power generators, renewable energy, and cooling systems in the United States and internationally. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems. The company serves telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets It sells its products through 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 based in Gardena, California.

MarketRank^™

Overall MarketRank^™

0.69 out of 5 stars

Utilities Sector

168th out of 273 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

21st out of 38 stocks

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 213 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Polar Power has received 52.03% “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.

0.8 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
49.90% 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 12.01% of the stock of Polar Power is held by institutions.

0.0 Earnings and Valuation

Price to Book Value per Share Ratio
Polar Power has a P/B Ratio of 14.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees179

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.15

Current Ratio5.55

Quick Ratio1.89

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$24.80 million

Price / Sales13.00

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.81 per share

Price / Book15.13

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-4,050,000.00

Net Margins-162.27%

Return on Equity-71.09%

Return on Assets-52.70%

Miscellaneous

Outstanding Shares11,776,000

Market Cap$322.43 million

Next Earnings Date2/15/2021 (Estimated)

OptionableNot Optionable

$27.38

+3.78 (+16.02 %)

(As of 01/25/2021 05:09 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive POLA News and Ratings via Email

Sign-up to receive the latest news and ratings for POLA and its competitors with MarketBeat's FREE daily newsletter.

Polar Power (NASDAQ:POLA) Frequently Asked Questions

How has Polar Power's stock price been impacted by COVID-19?

Polar Power's stock was trading at $1.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, POLA stock has increased by 1,380.6% and is now trading at $25.91.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Polar Power?

Wall Street analysts have given Polar Power a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Polar Power wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Arthur D. Sams' approval rating as Polar Power's CEO?

8 employees have rated Polar Power CEO Arthur D. Sams on Glassdoor.com. Arthur D. Sams has an approval rating of 27% among Polar Power's employees. This puts Arthur D. Sams in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

When is Polar Power's next earnings date?

Polar Power is scheduled to release its next quarterly earnings announcement on Monday, February 15th 2021.
View our earnings forecast for Polar Power.

How were Polar Power's earnings last quarter?

Polar Power, Inc. (NASDAQ:POLA) issued its quarterly earnings results on Monday, November, 16th. The utilities provider reported ($0.42) earnings per share for the quarter. The utilities provider had revenue of $2.50 million for the quarter. Polar Power had a negative trailing twelve-month return on equity of 71.09% and a negative net margin of 162.27%.
View Polar Power's earnings history.

Are investors shorting Polar Power?

Polar Power saw a increase in short interest in December. As of December 31st, there was short interest totaling 984,700 shares, an increase of 18.5% from the December 15th total of 831,300 shares. Based on an average daily trading volume, of 4,580,000 shares, the short-interest ratio is currently 0.2 days. Approximately 16.7% of the company's shares are sold short.
View Polar Power's Short Interest.

Who are some of Polar Power's key competitors?

Some companies that are related to Polar Power include Romeo Power (RMO), CBAK Energy Technology (CBAT), Eos Energy Enterprises (EOSE), AMCI Acquisition (AMCI), Flux Power (FLUX), Byrna Technologies (BYRN), Security Devices International (SDEV), Ultralife (ULBI), Evercel (EVRC), Sono-Tek (SOTK), Manhattan Scientifics (MHTX), Evans & Sutherland Computer (ESCC), mPhase Technologies (XDSL), Environmental Tectonics (ETCC) and TNR Technical (TNRK).
View all of POLA's 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 NVIDIA (NVDA), Workhorse Group (WKHS), Inovio Pharmaceuticals (INO), Pfizer (PFE), FuelCell Energy (FCEL), iBio (IBIO), Square (SQ), Zoom Video Communications (ZM), Merck & Co., Inc. (MRK) and Nokia (NOK).

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 70, Pay $303.19k)
Mr. Luis Zavala, Chief Financial Officer (Age 51, Pay $192.94k)
Mr. Rajesh Masina, Chief Operating Officer (Age 39, Pay $192.94k)

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.

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 WeBull, 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 $25.91.

How big of a company is Polar Power?

Polar Power has a market capitalization of $305.12 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 1/25/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here