158.10 0.00 (0.00%)
After hours: 4:51PM EDT
|Bid||158.29 x 800|
|Ask||158.26 x 1000|
|Day's Range||155.76 - 158.99|
|52 Week Range||150.68 - 259.25|
|Beta (3Y Monthly)||1.74|
|PE Ratio (TTM)||77.88|
|Earnings Date||Sep 17, 2019|
|Forward Dividend & Yield||2.60 (1.64%)|
|1y Target Est||187.84|
Analyst Christian Wetherbee says the economy isn’t helping parcel shippers. He likes FedEx stock, anyway, and the shares of the logistics giant is down about 2% so far this year.
NEW YORK, Aug. 22, 2019 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
NEW ORLEANS, Aug. 21, 2019 -- ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:.
Student entrepreneurs from Junior Achievement of the Chisholm Trail impress judges at PGA TOUR's TOUR Championship to earn a $75,000 donation from FedEx
On the surface, Plug Power (NASDAQ:PLUG), the maker of membrane fuel cells, can certainly be seen as a seductive stock, particularly for those that like low-priced securities. Plug Power stock fits that bill, residing at just over $2 a share on the back of a year-to-date gain of more than 78%.Source: Takashi Images / Shutterstock.com Of course, the skeptical investor can and should ponder why a stock that's up 78.23% year-to-date closed at just $2.21 on Tuesday, Aug. 20 as did Plug Power stock. Plug Power stock is one of those cheap (by price), innovative companies that has a way of getting some investors to rally around the idea of "potential." When in reality, there are a lot warts for investors to consider.Those warts include an unclear path to profitability and high client concentration. As one of my InvestorPlace colleagues recently noted, last year, Walmart (NYSE:WMT) and Amazon (NASDAQ:AMZN) combined to account for two-thirds of Plug Power's revenue. Regardless of a company's size, investors should be leery of a lack of revenue diversification.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"The company intends for its fuel cells to provide electricity to homes as an alternative to the existing electric utility grid and other power generation technologies," according to Morningstar.Translation: The company operates in the hot alternative energy niche, likely another reason why some investors have been captivated by Plug Power stock. Plug Power Is Looking to ExpandWhile counting Amazon and Walmart among clients makes for an enviable roster, Plug Power deserves some credit for at least trying to diversify that mix. For example, the company recently unveiled plans for its fuel cells to power FedEx (NYSE:FDX) ground vehicles at an upstate New York airport. * 10 Marijuana Stocks to Ride High on the Farm Bill "FedEx has been running the vehicles -- called tuggers -- with Plug fuel cells for months at the Albany International Airport, surviving temperatures as cold as 4 degrees Fahrenheit and as hot as 90 degrees Fahrenheit," reports The Albany Business Review. "The challenge now is getting the fuel cell engines for airport ground equipment to market. It is one of the first signs that Plug is diversifying beyond its core market of fuel cell engines for forklifts in warehouses."Indicating that PLUG stock is positively correlated to such news, reports on the Albany Airport venture broke last week. And this week, shares of Plug Power are higher by almost 5%. Increased infrastructure spending is another potential long-term catalyst for Plug Power stock."I think when you look at commitments that are being made by large companies that they view that this industry that there'll be over $300 billion of investments over the next 10 to 12 years," said CEO Andrew Marsh on the company's second-quarter earnings conference call. "Obviously, infrastructure is part of that. And when I take a look, I have a parochial view of this. But I think the fact that Plug Power has deployed more units, has built more hydrogen infrastructure, used more hydrogen than anyone else, which we think is a real long-term opportunity for the company." The Bottom Line on PLUG StockFor investors that like alternative energy and are already engaged with solar or wind securities, PLUG stock could be a low risk, high reward complement to those strategies. While the name isn't an appropriate holding for conservative investors, management's ability to at least drive lower losses and better top line could make Plug Power stock a winner, but probably not a stellar secular story.Fair value for PLUG stock is probably just north of $3, representing compelling upside from current levels. But to get there, the shares will need management to increase revenue breadth and for small caps to come back into style.Todd Shriber does not hold any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Marijuana Stocks to Ride High on the Farm Bill * 8 Biotech Stocks to Watch After the Q2 Earnings Season * 7 Unusual, Growth-Oriented REITs to Buy for Your Portfolio The post Plug Power Stock May be Cheap, But It's Cheap for a Reason appeared first on InvestorPlace.
NEW YORK, Aug. 21, 2019 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
NEW YORK, NY / ACCESSWIRE / August 21, 2019 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against FedEx Corporation (“FedEx” or the “Company”) (NYSE:FDX) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired FedEx securities from September 19, 2017 through December 18, 2018,inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. FedEx is a global logistics company that ships goods to commercial and residential customers throughout the world.
NEW YORK, NY / ACCESSWIRE / August 20, 2019 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate ...
UPS won't be applying additional surcharges to U.S. residential deliveries this holiday season, but the company appears to be offsetting the revenue loss by creating a longer peak season.
NEW YORK, NY / ACCESSWIRE / August 20, 2019 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment. A class action has commenced on behalf of certain shareholders in FedEx Corporation.
"We had an import of two sloths from Panama and they did not want them to be stressed because these were hand-raised animals used to being carried around by people," explained Rachel Watkins Rogers, registrar and records coordinator for Zoo Miami. Watkins Rogers is responsible for securing the permits necessary for domestic or international shipping of animals for the zoo.
UPS will not impose surcharges on U.S. residential deliveries during the 2019 peak holiday season. However, it will add special peak surcharges on packages that require special handling.
Moody's Investors Service has upgraded the Memphis-Shelby County Airport Authority, TN's general airport revenue bonds to A2 from A3, and changed the rating outlook to stable from positive. Moody's rates the authority's 2010 and 2011 series revenue bonds, of which around $195 million remain outstanding. The upgrade to A2 was supported by the sustained track-record of positive enplanement growth at the Memphis International Airport since fiscal year 2016 that has demonstrated the fundamental demand for the airport and has supported improved financial performance.
NEW ORLEANS, Aug. 19, 2019 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.
LOS ANGELES, Aug. 19, 2019 -- Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming August 26, 2019 deadline to file a lead plaintiff motion in the class.
CEDARHURST, NY / ACCESSWIRE / August 19, 2019 / The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.
Law Offices of Howard G. Smith reminds investors of the upcoming August 26, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased FedEx Corporation (“FedEx” or the “Company”) (NYSE: FDX) securities between September 19, 2017 and December 18, 2018, inclusive (the “Class Period”).
With FedEx’s annual meeting of stockholders approaching, it’s time to take a look at what it pays to be on the company’s board.
The owners of Downtown's Gibson Guitar building recently signed a $58 million mortgage for that building's ongoing redevelopment and, possibly, the construction of the Clipper office building.
NEW YORK, NY / ACCESSWIRE / August 19, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a ...