|Bid||2.5500 x 3200|
|Ask||2.5600 x 42300|
|Day's Range||2.5200 - 2.6325|
|52 Week Range||0.9900 - 2.8600|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.04|
Investors have been charged up about this fuel-cell specialist in 2019. Did the company's kickoff to the new year provide even more reasons to celebrate?
In its quarterly shareholder letter released with its earning report on Wednesday, Plug said the company expects to make four major business announcements in 2019.
Plug Power earnings for the first quarter of the year have PLUG stock falling on Wednesday.Plug Power (NASDAQ:PLUG) reported losses per share of 15 cents for the first quarter of 2019. This is worse off than the company's losses per share of 9 cents from the first quarter of 2018. It was also a blow to PLUG stock by missing Wall Street's losses per share estimate of 10 cents for the period.The Plug Power earnings report for the first quarter of the year also includes a net loss of $33.94 million. This is a wider net loss than the $19.84 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsPlug Power earnings for the first quarter of 2019 have operating loss coming in at $23.47 million. The hydrogen fuel cell maker reported an operating loss of $20.94 million for the first quarter of the previous year.The most recent Plug Power earnings report has revenue for the quarter sitting at $18.59 million. This is a drop from the company's revenue of $26.42 million reported during the same time last year. It was also bad news for PLUG stock by coming in below analysts' revenue estimate of $32.88 million for the quarter. * 10 Great Stocks to Buy on Dips Despite the poor showing for the first quarter of the year, Plug Power isn't lowering its outlook for 2019. The company says that it still continues to expect gross billing for the year to range from $235 million to $245 million.PLUG stock was down 4% as of noon Monday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Great Stocks to Buy on Dips * 6 Growth Stocks to Buy for the Rest of 2019 * 4 Mega-Cap Stocks to Sell Before They Melt Down As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Plug Power Earnings: PLUG Stock Plunges on Q1 Miss appeared first on InvestorPlace.
Plug Power (PLUG) delivered earnings and revenue surprises of -87.50% and -46.09%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
The Latham, New York-based company said it had a loss of 15 cents per share. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...
LATHAM, N.Y., May 08, 2019 -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, has announced today its 2019.
Plug Power's (PLUG) first-quarter 2019 performance is likely to be affected by rising costs and expenses, high liabilities, other obligations and unfavorable movements in foreign currencies.
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Investors need to pay close attention to Plug Power (PLUG) stock based on the movements in the options market lately.
Plug Power (NASDAQ:PLUG), a provider of hydrogen fuel cells, is having quite the rebound year in 2019. If you bought PLUG stock on Dec. 31, you've doubled your money as of May 1. That's quite a turnaround from the 47% downturn in 2018. Several factors account for its move in 2019. The question is whether it's enough to keep PLUG stock moving higher as we enter the summer doldrums of trading. With Plug Power's first-quarter 2019 earnings report on deck for May 8, the bigger question for shareholders who bought toward the end of last year and are sitting on significant gains ought to be whether they should sell before the release of its earnings or hold tight buying more on any weakness after the report.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's the case for and against holding through earnings. The Case for Buying PLUG StockAlthough Plug Power isn't profitable, it's getting closer on a non-GAAP basis. Meanwhile, on the top line, it continues to grow revenues in a big way. In fiscal 2018, PLUG stock grew sales by 74% to $174.6 million. In Q4 2018, it increased revenues by 92% to $59.8 million, a sign the company's accelerating sales and adding customers. * 10 Cheap Stocks to Buy in May, But Don't Go Away In the fourth quarter alone, Plug Power delivered fuel cell products to 15 different customers including Amazon (NASDAQ:AMZN), Walmart (NYSE:WMT) and BMW (OTCMKTS:BMWYY). Most recently, it announced that it signed an agreement with Michigan-based Lipari Foods, a distributor of unique food and beverage products in 15 states. Another example of the growth Plug Power's experiencing: In 2018, it provided approximately 16 million hydrogen fills to its customers, up from 10 million at the end of 2017, a 60% growth rate. As for the upcoming first-quarter results, Plug Power is expected to have revenues of $32.9 million, 13% higher than a year earlier. On the bottom line, it's expected to lose eight cents a share, 11% higher than the seven cents it lost in the same quarter a year ago. Yes, it's a little higher. However, CEO Andy Marsh believes it will start making consistent EBITDA profits beginning in the third quarter. As a speculative bet, if you bought near $1, and believe that the potential for growth is real, I don't know how you can't buy more no matter the results on May 8. The Case for Selling Plug Power StockI think the most significant negative for Plug Power other than the stock's been on a tear and is due for a bit of cooldown is if it delivers revenue growth below the analyst consensus of 13%.How likely is this?I don't have a crystal ball but given it grew Q4 2018 revenues by 92% and analysts expect 30% year over year growth in the second, third, and fourth quarters of 2019, I'd say the odds are relatively low.The problem with taking profits if you bought in December is that you won't get the capital gains rate of tax payable because you haven't owned PLUG for more than a year. Instead, you'll pay the rate of tax you pay on your regular income. In this situation, I wouldn't sell it unless you don't want to own it anymore. If, however, you're holding the stock in a tax-deferred or tax-free account, and you're worried about a cooldown, I'd sell before May 8 and then buy back in after the results are out regardless of whether it goes up or not. Bottom Line on PLUG StockPlug Power has an agreement with Amazon to buy $600 million of its fuel cells for the e-commerce company's forklifts. As part of that agreement, Amazon has warrants to purchase 55.3 million shares of PLUG at different prices based on purchases made by the e-commerce company. If it exercises all of the warrants, it will own 23% of Plug Power. The option and purchase agreement act as an artificial floor for the stock providing investors with a greater amount of security than would typically exist for a sub-$3-stock. That's a big bonus. Should you sell before earnings?If you thought it was a 3-5-year hold at the end of 2018, I don't think anything's changed to shake you out of your position. I'd hold through earnings, buying more if it drops by any material amount. As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 10 Best Stocks to Buy for May * 5 Elephant-Sized Companies Warren Buffett Could Buy * 7 Cheap ETFs for Novice Investors Compare Brokers The post Should You Buy or Sell Plug Power Prior to Q1 2019 Results? appeared first on InvestorPlace.
Plug Power (PLUG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
LATHAM, N.Y., April 30, 2019 -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, has confirmed access and.
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.
Plug Power Inc. (PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, today announced Sanjay Shrestha as Chief Strategy Officer (CSO). In addition to managing the overall strategic priorities for Plug Power, Mr. Shrestha will lead strategic initiatives in Asia, focusing on OEM vehicle applications in China and India utilizing Plug Power’s modular line of ProGen hydrogen engines. Shrestha has dedicated almost two decades to the clean technology industry.
The Latham-based fuel cell manufacturer is teaming up with Charlatte America to supply fuel cell-powered electric cargo tuggers for use by FedEx at the Albany International Airport.
Plug Power Inc. (PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, and Charlatte America, a member of the Fayat Group, the leading manufacturer of battery powered electric airport ground support equipment (GSE) throughout Europe and the United States, have delivered fuel cell-powered electric cargo tuggers for use by FedEx at the Albany International Airport. The ground support vehicles were built by Charlatte America and operate using Plug Power’s zero emission ProGen hydrogen engines.