|Bid||11.05 x 800|
|Ask||11.14 x 800|
|Day's Range||11.09 - 11.83|
|52 Week Range||8.88 - 38.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||21.13|
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...
Beleave Inc. (CNSX:BE) shareholders might be concerned after seeing the share price drop 14% in the last quarter. But...
Plug Power (NASDAQ:PLUG) has moved higher in recent months despite an earnings miss and continued losses. The Latham, New York-based maker of hydrogen fuel cells has struggled for years as its technology fights to gain mainstream acceptance. Although recent progress could justify a speculative position in Plug Power stock, the company may find itself eclipsed by a principal peer.Typically, an equity such as PLUG would not gain investor attention. However, its prospects improved in April 2017 when Amazon (NASDAQ:AMZN) agreed to buy $600 million worth of Plug Power's hydrogen fuel cells to power its forklifts.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnfortunately, since the announcement of that deal more than two years ago, Plug Power has seen little net growth. This is despite attracting business from Walmart (NYSE:WMT), GE (NYSE:GE), and other prominent customers. Moreover, the earnings miss for the first quarter intensified the selloff. * 6 Stocks to Buy for This Decade's Massive Megatrend Plug Power Stock and TechnologyPLUG stock has increased in value for most of the year as analysts forecasted a possible profit next year for its peer, Bloom Energy (NYSE:BE). Also, even though PLUG fell after earnings, it recovered the post-earnings loss quickly. Now, investors wonder if that move higher can continue.Still, Plug Power remains mired in losses. Also, most of its direct peers find themselves in the same market position. Both FuelCell Energy (NASDAQ:FCEL) and Ballard Power Systems (NASDAQ:BLDP) also remain money-losing penny stocks.Traders would likely forgive the losses if the market would more widely embrace fuel cells. However, consumers have instead bought the electric cars made by Tesla (NASDAQ:TSLA) and others.Tesla enjoys a marketing, production, and name recognition advantage. It also benefits from a considerable lead in both refueling stations and cars on the road.However, refueling has become the area where Plug Power and other fuel cell companies could compete with Tesla. Refueling with fuel cells occurs in fewer than 10 minutes. Tesla cars require more than an hour under the best of conditions. That would presumably play into the hands of Plug Power stock.Moreover, Tesla does not offer much of an advantage regarding production costs. In Japan, the Mirai made by Toyota (NYSE:TM) costs $50,000 after the Japanese government's $20,000 subsidy. This comes in lower than a Tesla Model S. Still, Toyota currently builds only about 10 Mirai cars per day, calling into question how serious Toyota is about fuel cell technology. Choose BE over PLUG StockStill, this might give Plug Power stock the fuel it needs to finally make gains. It may also justify a speculative bet for those who can wait for months or even years. However, there, Plug Power faces competition from Bloom Energy.BE stock shows a lower price-to-sales (PS), around 1.7 versus about 3.7 for PLUG. Also, Bloom Energy's has a better, albeit still negative profit margin. Margins for Bloom come in at -39.9% compared with -55.3% for PLUG power.Moreover, despite a much shorter history, Bloom Energy has attained a market cap nearly twice as large as Plug Power. Finally, at just under $12 per share, BE trades well above penny stock status. For these reasons, Bloom Energy might better serve speculative investors. Final Thoughts on PLUG stockAlthough one might make a speculative case for owning Plug Power, it appears one key peer might eclipse the company. Plug Power has struggled for decades as hydrogen fuel cells have failed to gain broad market acceptance. Though deals with Amazon, Walmart, and GE brought some hope, PLUG remains a penny stock.The fact that fuel cell-powered cars offer a crucial advantage over Tesla might justify speculation in fuel cell stocks. However, when comparing the financial state of the more prominent fuel cell companies, investors should probably choose Bloom Energy over Plug Power.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post There Is No Point Speculating in Plug Power Stock appeared first on InvestorPlace.
Pomerantz LLP is investigating claims on behalf of investors of Bloom Energy Corporation (“Bloom Energy” or the “Company”) (NYSE: BE). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. In July 2018, Bloom Energy completed its initial public offering (the “IPO”), issuing approximately 18 million shares of common stock priced at $15 per share and raising approximately $284.3 million in net proceeds.
The city, which operates its own municipal electric utility, says Bloom's fuel cells don't meet its new requirements.
Law Offices of Howard G. Smith announces an investigation on behalf of Bloom Energy Corporation investors concerning the Company and its officers’ possible violations of federal securities laws.
Bloom provides fuel cell technology to some of Silicon Valley’s biggest companies, including Apple in Cupertino and eBay and Adobe in San Jose, that allows them to generate their own electric power. But the Santa Clara City Council, which operates its own municipal electric utility, will take up regulations later today that would effectively block customers who generate their own power.
On a per-share basis, the San Jose, California-based company said it had a loss of 76 cents. Losses, adjusted for one-time gains and costs, were 22 cents per share. The results topped Wall Street expectations. ...
Bloom Energy Corp. shares bounced around in after-hours trading Monday, after the company's losses increased but still beat expectations. Bloom reported first-quarter losses of $84.4 million, or 76 cents a share, on sales of $200.7 million, up from $168.9 million a year ago. After adjusting for stock-based compensation and smaller factors, Bloom reported an adjusted loss of 22 cents a share, double the adjusted losses of 11 cents a share a year ago. Analysts on average expected Bloom to report adjusted losses of 28 cents a share on sales of $196.9 million, according to FactSet. The stock gained as much as 4% in extended trading after the numbers were announced Monday, but then fell to losses as after-hours trading continued. Bloom shares closed Monday with a 3.1% decline at $14.72, lower than the $15 price it commanded in an initial public offering last year.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing […]
Analysts believe the company will report a less-than-electric start to the year, but that doesn't mean there aren't reasons it can chalk up the quarter as a success.
This fuel-cell stock has been supercharged over the past four months. And there's reason to believe that its ride isn't about to end just yet.
Bloom Energy today announced that Agilent Technologies, a global leader in life sciences, diagnostics, and applied chemical markets, is now using clean electric power from Bloom Energy Servers to reduce its carbon footprint by thousands of metric tons of CO2 per year. As a result, Agilent will lower its carbon footprint by almost 4,000 metric tons of CO2 each year.
The Alhambra, a reimagined 40-acre mixed-use urban community located in the City of Alhambra, will be powered by fuel cells provided by Bloom Energy, which is headquartered in Silicon Valley. The Bloom Energy Servers were selected by The Alhambra’s developer, The Ratkovich Company (TRC), a premier Los Angeles real estate development firm, as part of its ongoing strategy to transform the 40-acre former C F Braun engineering campus, located five miles east of downtown Los Angeles. The Alhambra campus is a LEED Gold certified, mixed-use health-and-wellness-focused community, home to major tenants such as County of Los Angeles, USC Keck School of Medicine, and Eastern Los Angeles Regional Center (ELARC).
Ballard Power (BLDP) to provide two next-generation 200 kW modules for the first liquid hydrogen fuel cell-powered ferry in Norway.
Ron Baron (Trades, Portfolio) continued to expand his interest in green energy startup Bloom Energy Corp. (BE) on March 31, the firm disclosed Tuesday. Warning! GuruFocus has detected 1 Warning Sign with BE. The purchase brought Baron's holdings of Bloom Energy to 3,452,381 shares, representing approximately 3.06% of the Sunnyvale, California-based company's shares outstanding.