NASDAQ:PTRA

Proterra - PTRA Stock Forecast, Price & News

$4.90

-0.07 (-1.41%)

(As of 12/8/2022 02:39 PM ET)

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Today's Range: $4.85
▼
$5.05
50-Day Range: $4.54
▼
$7.30
52-Week Range: $4.26
▼
$10.90

Volume: 35,824 shs
Average Volume: 1.14 million shs
Market Capitalization: $1.10 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.21

Proterra MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 46.3% Upside
$7.21 Price Target
Short Interest: Bearish
6.53% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$393,869 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.84) to ($0.81) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

Auto/Tires/Trucks Sector

85th out of 102 stocks

Motor Vehicles & Car Bodies Industry

24th out of 31 stocks

3.2

Analyst's Opinion

Consensus Rating
Proterra has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $7.21, Proterra has a forecasted upside of 46.3% from its current price of $4.93.
Amount of Analyst Coverage
Proterra has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
6.53% of the float of Proterra has been sold short.
Short Interest Ratio / Days to Cover
Proterra has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.
Change versus previous month
Short interest in Proterra has recently decreased by 8.69%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PTRA.

1.2

News and Social Media Coverage

News Sentiment
Proterra has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Auto/Tires/Trucks companies.
Social Mentions This Week
MarketBeat has tracked 1 reddit mention for Proterra this week, compared to 0 mentions on an average week.
Search Interest
Only 6 people have searched for PTRA on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Proterra to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Proterra insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $393,869.00 in company stock.
Percentage Held by Insiders
Only 3.80% of the stock of Proterra is held by insiders.
Percentage Held by Institutions
58.35% of the stock of Proterra is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Proterra are expected to grow in the coming year, from ($0.84) to ($0.81) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Proterra is -2.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Proterra is -2.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Proterra has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Proterra (NASDAQ:PTRA) Stock

Proterra Inc. provides commercial vehicles in the United States, the European Union, Canada, Australia, and Japan. It operates through Proterra Powered and Energy and Proterra Transit business units. The Proterra Powered and Energy business unit designs, develops, manufactures, sells, and integrates battery systems and electrification solutions into vehicles for commercial vehicle OEM customers serving delivery trucks, school buses, coach buses, construction and mining equipment, and other applications. It also provides turnkey fleet-scale, high-power charging solutions and software services, ranging from fleet and energy management software-as-a-service to fleet planning, hardware, infrastructure, installation, utility engagement, and charging optimization. The Proterra Transit business unit designs, develops, manufactures, and sells electric transit buses as an OEM for North American public transit agencies, airports, universities, and other commercial transit fleets. Proterra Inc. was incorporated in 2004 and is headquartered in Burlingame, California.

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PTRA Stock News Headlines

November 30, 2022 | americanbankingnews.com

Proterra (NASDAQ:PTRA) Stock Price Down 5.3%

November 21, 2022 | seekingalpha.com

Proterra: Generating 'Income' From This Speculative Play

November 8, 2022 | finance.yahoo.com

Proterra to Participate in Upcoming Investor Conferences in November 2022

November 2, 2022 | finance.yahoo.com

Proterra Releases Third Quarter 2022 Financial Results

October 19, 2022 | benzinga.com

Proterra Announces Date and Conference Call Details for Third Quarter 2022 Financial Results - Proterra ( - Benzinga

October 19, 2022 | streetinsider.com

Proterra Announces Date and Conference Call Details for Third Quarter 2022 Financial Results - StreetInsider.com

October 14, 2022 | fool.com

Why Proterra Stock Is Sinking This Week - The Motley Fool

October 8, 2022 | nasdaq.com

2 Electric Vehicle Stocks That Are Too Cheap to Ignore - Nasdaq

October 7, 2022 | forbes.com

‘Made In America’ Should Not Mean ‘Made Under Injustice’ - Forbes

October 7, 2022 | finance.yahoo.com

12 Best EV Stocks to Buy Now - Yahoo Finance

October 6, 2022 | bloomberg.com

Apeiron Bioenergy secures equity investment from Proterra Asia - Bloomberg

October 6, 2022 | benzinga.com

Apeiron Bioenergy secures equity investment from Proterra Investment Partners Asia to solidify upstream c - Benzinga

October 4, 2022 | globenewswire.com

Proterra Announces Appointment of Sara Dadyar as Chief People Officer - GlobeNewswire

October 4, 2022 | finance.yahoo.com

Proterra Announces Appointment of Sara Dadyar as Chief People Officer

September 27, 2022 | benzinga.com

North America Electric Bus Market Report 2022: A $2.5+ Billion Market by 2028 Featuring Volvo, BYD, CAF, - Benzinga

September 13, 2022 | finance.yahoo.com

Proterra Inc. (PTRA)

September 8, 2022 | businesswire.com

Amy Ard Joins SOURCE Global's Board of Directors - Business Wire

September 8, 2022 | finance.yahoo.com

Amy Ard Joins SOURCE Global’s Board of Directors - Yahoo Finance

September 8, 2022 | forbes.com

Rotary Club Collecting E-Waste To Help JB Straubel's Redwood Materials Make EV Batteries - Forbes

September 8, 2022 | seekingalpha.com

Proterra gains after announcing new battery tech deal

September 6, 2022 | seekingalpha.com

Proterra gains after announcing new battery tech deal - Seeking Alpha

September 6, 2022 | globenewswire.com

Proterra battery technology to power ENC® next-generation electric transit buses - GlobeNewswire

September 6, 2022 | finance.yahoo.com

Proterra battery technology to power ENC® next-generation electric transit buses

September 1, 2022 | nasdaq.com

3 Hot EV Stocks to Buy in September - Nasdaq

September 1, 2022 | globenewswire.com

Proterra to Participate in Upcoming Investor Conferences in September 2022 - GlobeNewswire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PTRA Company Calendar

Last Earnings: 11/02/2022
Today: 12/08/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 3/07/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:PTRA
CUSIP: N/A
CIK: 1463208
Web: www.proterra.com
Phone: 864-438-0000
Fax: N/A
Employees: 870
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $7.21
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $5.00
Forecasted Upside/Downside: +47.2%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.69)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-250,010,000.00
Net Margins: -67.87%
Pretax Margin: -67.86%
Return on Equity: -32.62%
Return on Assets: -23.06%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 6.32
Quick Ratio: 4.87

Sales & Book Value

Annual Sales: $242.86 million
Price / Sales: 4.55
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.24 per share
Price / Book: 1.51

Miscellaneous

Outstanding Shares: 225,500,000
Free Float: 216,931,000
Market Cap: $1.10 billion
Optionable: Not Optionable
Beta: 0.62

Key Executives

Mr. Gareth T. Joyce (Age 49)
Pres, CEO & Director
Comp: $510.48k

Mr. Christopher L. Bailey (Age 41)
Pres of Proterra Powered & Energy Bus. Units
Comp: $252.93k

Ms. Karina Franco Padilla (Age 49)
Chief Financial Officer

Mr. Dustin Grace (Age 40)
Chief Technology Officer

Mr. Aaron Chew
VP of Investor Relations

Ms. JoAnn C. Covington (Age 54)
Chief Legal Officer, Head of Gov. Relations & Sec.

Sara Dadyar
Chief People Officer

Mr. Richard W. Huibregtse (Age 59)
Sr. VP of Engineering

Mr. John Walsh (Age 56)
Chief Commercial Officer

Mr. Julian Soell
Pres of Proterra Transit Bus. Unit

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PTRA Stock - Frequently Asked Questions

Should I buy or sell Proterra stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Proterra in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PTRA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PTRA, but not buy additional shares or sell existing shares.
View PTRA analyst ratings or view top-rated stocks.
What is Proterra's stock price forecast for 2023?: 6 Wall Street research analysts have issued 12 month price targets for Proterra's shares. Their PTRA share price forecasts range from $5.00 to $10.00. On average, they predict the company's share price to reach $7.21 in the next year. This suggests a possible upside of 47.2% from the stock's current price.
View analysts price targets for PTRA or view top-rated stocks among Wall Street analysts.
How have PTRA shares performed in 2022?: Proterra's stock was trading at $8.83 at the beginning of the year. Since then, PTRA stock has decreased by 44.5% and is now trading at $4.90.
View the best growth stocks for 2022 here.
When is Proterra's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our PTRA earnings forecast.
How were Proterra's earnings last quarter?: Proterra Inc. (NASDAQ:PTRA) released its quarterly earnings data on Wednesday, November, 2nd. The company reported ($0.45) EPS for the quarter, missing analysts' consensus estimates of ($0.20) by $0.25. The business had revenue of $96.22 million for the quarter, compared to the consensus estimate of $83.43 million. Proterra had a negative trailing twelve-month return on equity of 32.62% and a negative net margin of 67.87%.
What guidance has Proterra issued on next quarter's earnings?: Proterra updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $300.00 million-$325.00 million, compared to the consensus revenue estimate of $309.38 million.

What is Proterra's stock symbol?: Proterra trades on the NASDAQ under the ticker symbol "PTRA."
Who are Proterra's major shareholders?: Proterra's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.39%), BlackRock Inc. (6.15%), State Street Corp (2.12%), First Trust Advisors LP (0.67%), CWM LLC (0.41%) and Point72 Asset Management L.P. (0.37%). Insiders that own company stock include Christopher L Bailey, Gareth T Joyce and Joann Covington.
View institutional ownership trends.
How do I buy shares of Proterra?: Shares of PTRA stock 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.
Compare Top Brokerages Here.
What is Proterra's stock price today?: One share of PTRA stock can currently be purchased for approximately $4.90.
How much money does Proterra make?: Proterra (NASDAQ:PTRA) has a market capitalization of $1.10 billion and generates $242.86 million in revenue each year. The company earns $-250,010,000.00 in net income (profit) each year or ($1.69) on an earnings per share basis.
How many employees does Proterra have?: The company employs 870 workers across the globe.
How can I contact Proterra?: Proterra's mailing address is 200 CLARENDON STREET 55TH FLOOR, BOSTON MA, 02116. The official website for the company is www.proterra.com. The company can be reached via phone at 864-438-0000 or via email at ir@proterra.com.

This page (NASDAQ:PTRA) was last updated on 12/8/2022 by MarketBeat.com Staff

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