NYSE:RMO

Romeo Power Stock Forecast, Price & News

Followed 101 Times

$9.07

-0.59 (-6.11 %)

(As of 04/13/2021 01:15 PM ET)

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Today's Range

$9.00

Now: $9.07▼

$9.80

50-Day Range

$8.02

MA: $11.56▼

$14.89

52-Week Range

$7.71

Now: $9.07▼

$38.90

Volume81,964 shs

Average Volume10.40 million shs

Market Capitalization$260.76 million

P/E RatioN/A

Dividend YieldN/A

Beta1.09

Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. It also offers battery management systems; and design, research and development, and other engineering related services. Romeo Power, Inc. was founded in 2014 and is headquartered in Vernon, California.

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Miscellaneous electrical machinery, equipment, & supplies

Sub-IndustryN/A

SectorAuto/Tires/Trucks

Current SymbolNYSE:RMO

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.romeopower.com

Phone1.844.257.8557

Employees3

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio1.28

Quick Ratio1.28

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash Flow$0.03 per share

Price / Cash Flow316.99

Book Value$0.17 per share

Price / Book53.35

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$2.09 million

Net MarginsN/A

Return on Equity7.50%

Return on Assets0.16%

Miscellaneous

Outstanding Shares28,750,000

Market Cap$260.76 million

Next Earnings Date6/29/2021 (Estimated)

OptionableNot Optionable

Headlines

Romeo Power Is a SPAC Stock You Can Fall in Love With
March 31, 2021 | marketbeat.com

Zacks: Analysts Expect Romeo Power, Inc. (NYSE:RMO) to Post -$0.14 EPS
April 13, 2021 | americanbankingnews.com

INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against Romeo Power, Inc.
April 12, 2021 | finance.yahoo.com

ROMEO POWER ALERT: Bragar Eagel & Squire, P.C...
April 9, 2021 | benzinga.com

ROMEO POWER ALERT: Bragar Eagel & Squire, P.C. is Investigating Romeo Power, Inc. on Behalf of Romeo Power Stockholders and Encourages Investors to Contact the Firm
April 9, 2021 | finance.yahoo.com

Romeo Power Sees Unusually High Options Volume (NYSE:RMO)
April 8, 2021 | americanbankingnews.com

Romeo Power Stock at $30 a Share? This Analyst Thinks It’s Possible
April 7, 2021 | finance.yahoo.com

PreMarket Prep Stock Of The Day: Romeo Power
April 7, 2021 | msn.com

Are Options Traders Betting on a Big Move in Romeo Power (RMO) Stock?
April 7, 2021 | finance.yahoo.com

Why Romeo Power Stock Spiked 60% Today
April 7, 2021 | benzinga.com

I'm Willing to Nibble on Hyliion Stock or the Options Here
April 6, 2021 | realmoney.thestreet.com

Romeo Powers Up the Stock Market, but This Bank's Feeling Hedge Fund Pain Tuesday
April 6, 2021 | msn.com

Why Romeo Power Stock Is Surging Today
April 6, 2021 | fool.com

Investors Purchase Large Volume of Romeo Power Call Options (NYSE:RMO)
April 6, 2021 | americanbankingnews.com

Romeo Power Enters Long-term Supply Agreement With PACCAR - Quick Facts
April 6, 2021 | nasdaq.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Romeo Power, Inc. - RMO
April 6, 2021 | finance.yahoo.com

Romeo Power and PACCAR Enter Long-Term Supply Agreement for Peterbilt 579 and 520 Battery-Electric Vehicles
April 6, 2021 | finance.yahoo.com

The Dangers of Investing in SPACs
April 5, 2021 | msn.com

Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Romeo Power, Inc. (RMO) Investigation
April 5, 2021 | finance.yahoo.com

Romeo Power Investor Alert: Kaplan Fox Investigates Potential Securities Fraud at Romeo Power
April 5, 2021 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.64 out of 5 stars

Auto/Tires/Trucks Sector

30th out of 148 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

5th out of 38 stocks

3.1 Analyst's Opinion

Consensus Rating
Romeo Power has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $15.43, Romeo Power has a forecasted upside of 65.3% from its current price of $9.33.
Amount of Analyst Coverage
Romeo Power has only been the subject of 4 research reports in the past 90 days.

3.4 Community Rank

Outperform Votes
Romeo Power has received 17 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Romeo Power has received 8 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Romeo Power has received 68.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Romeo Power and other stocks. Vote “Outperform” if you believe RMO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RMO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

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

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Romeo Power insiders have not sold or bought any company stock.
Percentage Held by Institutions
72.12% of the stock of Romeo Power is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Price to Book Value per Share Ratio
Romeo Power has a P/B Ratio of 54.88. 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

$9.07

-0.59 (-6.11 %)

(As of 04/13/2021 01:15 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Romeo Power (NYSE:RMO) Frequently Asked Questions

Is Romeo Power a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Romeo Power in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Romeo Power stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RMO, but not buy additional shares or sell existing shares.
View analyst ratings for Romeo Power or view top-rated stocks.

What stocks does MarketBeat like better than Romeo Power?

Wall Street analysts have given Romeo Power a "Hold" 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 Romeo Power wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Romeo Power?

Romeo Power saw a increase in short interest in March. As of March 31st, there was short interest totaling 12,180,000 shares, an increase of 38.6% from the March 15th total of 8,790,000 shares. Based on an average daily volume of 10,480,000 shares, the short-interest ratio is presently 1.2 days. Currently, 13.7% of the shares of the stock are sold short.
View Romeo Power's Short Interest.

When is Romeo Power's next earnings date?

Romeo Power is scheduled to release its next quarterly earnings announcement on Tuesday, June 29th 2021.
View our earnings forecast for Romeo Power.

How were Romeo Power's earnings last quarter?

Romeo Power, Inc. (NYSE:RMO) announced its quarterly earnings results on Monday, March, 29th. The company reported ($0.24) EPS for the quarter, missing the consensus estimate of ($0.13) by $0.11. The firm had revenue of $4.65 million for the quarter, compared to the consensus estimate of $5.81 million.
View Romeo Power's earnings history.

What guidance has Romeo Power issued on next quarter's earnings?

Romeo Power updated its FY 2021 After-Hours earnings guidance on Tuesday, March, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $18-40 million.

What price target have analysts set for RMO?

4 brokers have issued twelve-month target prices for Romeo Power's shares. Their forecasts range from $6.70 to $30.00. On average, they expect Romeo Power's stock price to reach $15.43 in the next twelve months. This suggests a possible upside of 70.4% from the stock's current price.
View analysts' price targets for Romeo Power or view top-rated stocks among Wall Street analysts.

Who are Romeo Power's key executives?

Romeo Power's management team includes the following people:

Mr. Lionel E. Selwood Jr., Pres, CEO & Director (Age 31, Pay $421.93k)
Mr. Criswell Choi, Chief Operating Officer (Age 41, Pay $300k)
Mr. Michael W. Patterson, Chief Sales Officer (Age 52, Pay $251.28k)
Ms. Lauren Webb, CFO & Director (Age 39)
Dr. Abdul Kader El Srouji Ph.D., Chief Technology Officer (Age 33)

Who are some of Romeo Power's key competitors?

Some companies that are related to Romeo Power include Eos Energy Enterprises (EOSE), CBAK Energy Technology (CBAT), Byrna Technologies (BYRN), Flux Power (FLUX), Polar Power (POLA), Security Devices International (SDEV), Ultralife (ULBI), Evercel (EVRC), Sono-Tek (SOTK), Manhattan Scientifics (MHTX), mPhase Technologies (XDSL), Evans & Sutherland Computer (ESCC), Environmental Tectonics (ETCC), TNR Technical (TNRK) and Isomet (IOMT).
View all of RMO's competitors.

What is Romeo Power's stock symbol?

Romeo Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMO."

Who are Romeo Power's major shareholders?

Romeo Power's stock is owned by many different institutional and retail investors. Top institutional shareholders include Edge Wealth Management LLC (0.03%).
View institutional ownership trends for Romeo Power.

Which major investors are buying Romeo Power stock?

RMO stock was purchased by a variety of institutional investors in the last quarter, including Edge Wealth Management LLC.
View insider buying and selling activity for Romeo Power or or view top insider-buying stocks.

How do I buy shares of Romeo Power?

Shares of RMO 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 Romeo Power's stock price today?

One share of RMO stock can currently be purchased for approximately $9.05.

How much money does Romeo Power make?

Romeo Power has a market capitalization of $260.19 million.

How many employees does Romeo Power have?

Romeo Power employs 3 workers across the globe.

What is Romeo Power's official website?

The official website for Romeo Power is www.romeopower.com.

Where are Romeo Power's headquarters?

Romeo Power is headquartered at 4380 Ayers Ave., Vernon, CA 90058.

How can I contact Romeo Power?

Romeo Power's mailing address is 4380 Ayers Ave., Vernon, CA 90058. The company can be reached via phone at 1.844.257.8557.

This page was last updated on 4/13/2021 by MarketBeat.com Staff

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