12/28/2022 0 Comments Power plug stock![]() ![]() It has strategic agreements with Airbus Lhyfe Edison Motors Phillips 66 Apex Clean Energy BAE Systems and Universal Hydrogen Co. What this means: Plug Power Inc (PLUG) gets an Overall Rank of 70, which is an above average rank under InvestorsObservers stock ranking system. ![]() The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Shares of hydrogen fuel cell company Plug Power (PLUG-6.49) rose as much as 3.6, while hydrogen-powered vehicle. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. Many stocks in the alternative energy sector jumped Monday morning. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. This group has a Zacks Industry Rank of 142, putting it in the bottom 44% of all 250+ industries.Plug Power Inc. The Manufacturing - Electronics industry is part of the Industrial Products sector. Plug Power is currently a Zacks Rank #3 (Hold). The Zacks Consensus EPS estimate has moved 0.2% higher within the past month. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Our system takes these estimate changes into account and delivers a clear, actionable rating model. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. ![]() ![]() We developed the Zacks Rank to capitalize on this phenomenon. The Plug Power stock price gained 2.97 on the last trading day (Wednesday, 28th Sep 2022), rising from 21.85 to 22.50. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Recent revisions tend to reflect the latest near-term business trends. Investors should also note any recent changes to analyst estimates for Plug Power. #POWER PLUG STOCK FULL#Our most recent consensus estimate is calling for quarterly revenue of $265.85 million, up 84.72% from the year-ago period.įor the full year, our Zacks Consensus Estimates are projecting earnings of -$0.99 per share and revenue of $910.96 million, which would represent changes of -23.75% and +81.34%, respectively, from the prior year. On that day, Plug Power is projected to report earnings of -$0.24 per share, which would represent a year-over-year decline of 26.32%. Investors will be hoping for strength from Plug Power as it approaches its next earnings release. This has lagged the Industrial Products sector's loss of 10.71% and the S&P 500's loss of 9.52% in that time. Prior to today's trading, shares of the alternative energy company had lost 21.9% over the past month. Elsewhere, the Dow lost 1.71%, while the tech-heavy Nasdaq lost 0.02%. This change was narrower than the S&P 500's 1.51% loss on the day. Plug Power (PLUG) closed the most recent trading day at $21.01, moving -0.14% from the previous trading session. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |