Plug Power Inc

Company Profile

Plug Power Inc had its IPO on 1999-10-29 under the ticker symbol PLUG.

The company operates in the Industrials sector and Electrical Equipment & Parts industry. Plug Power Inc has a staff strength of 3,353 employees.

Stock update

Shares of Plug Power Inc opened at $11.4 at the start of the last trading session i.e. 2023-03-30.

The stocks traded within a range of $11.17 - $11.6, and closed at $11.25.

This is a +1.99% increase from the previous day's closing price.

A total volume of 17,404,966 shares were traded at the close of the day’s session.

In the last one week, shares of Plug Power Inc have increased by +0.27%.

Plug Power Inc's Key Ratios

Plug Power Inc has a market cap of $6.55 billion, indicating a price to book ratio of 2.0992 and a price to sales ratio of 13.0804.

In the last 12-months Plug Power Inc’s revenue was $701.44 million with a gross profit of $-167555000 and an EBITDA of $-606267008. The EBITDA ratio measures Plug Power Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Plug Power Inc’s operating margin was -93.79% while its return on assets stood at -7.02% with a return of equity of -16.71%.

In Q4, Plug Power Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 36.3%.

Plug Power Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

-0.27

Its diluted EPS in the last 12-months stands at $-1.21 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of -0.27. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Plug Power Inc’s profitability.

Plug Power Inc stock is trading at a EV to sales ratio of 10.9932 and a EV to EBITDA ratio of -11.2528. Its price to sales ratio in the trailing 12-months stood at 13.0804.

Plug Power Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$5.76 billion

Total Liabilities

$635.28 million

Operating Cash Flow

$-658721000.00

Capital Expenditure

$123.54 million

Dividend Payout Ratio

0%

Plug Power Inc ended 2023 with $5.76 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.76 billion while shareholder equity stood at $4.06 billion.

Plug Power Inc ended 2023 with $0 in deferred long-term liabilities, $635.28 million in other current liabilities, 6084000.00 in common stock, $-3120911000.00 in retained earnings and $248.61 million in goodwill. Its cash balance stood at $690.63 million and cash and short-term investments were $2.16 billion. The company’s total short-term debt was $121,077,000 while long-term debt stood at $193.92 million.

Plug Power Inc’s total current assets stands at $3.31 billion while long-term investments were $31.25 million and short-term investments were $1.47 billion. Its net receivables were $191.91 million compared to accounts payable of $245.79 million and inventory worth $645.64 million.

In 2023, Plug Power Inc's operating cash flow was $-658721000.00 while its capital expenditure stood at $123.54 million.

Comparatively, Plug Power Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$11.25

52-Week High

$32.05

52-Week Low

$10.3

Analyst Target Price

$23.52

Plug Power Inc stock is currently trading at $11.25 per share. It touched a 52-week high of $32.05 and a 52-week low of $32.05. Analysts tracking the stock have a 12-month average target price of $23.52.

Its 50-day moving average was $14.23 and 200-day moving average was $18.01 The short ratio stood at 5.32 indicating a short percent outstanding of 0%.

Around 1003.8% of the company’s stock are held by insiders while 5722.3% are held by institutions.