The plug power supply (plug) was off $2.83 in the most recent trading day, accounting for -3.41% from the previous trading session. The stock is less than the S&P 500 and earned 0.06% on the day. Meanwhile, the Dow Jones Index grew by 0.17%, while Nasdaq's Nasdaq rose by 0.39%.
Alternative Energy Company's stock has grown by 96.64% over the past month, resulting in a growth rate of 8.78% in the computer and technology sectors and a return of 3.94% for the S&P 500.
The investment community will closely monitor the earnings performance of the upcoming issue plug power. The company's upcoming EPS is expected to be -0.13, up 48.00% from the same quarter of the previous year. Meanwhile, Zacks' revenue consensus estimates are expected to have net sales of $183.01 million, up 5.34% from the same period last year.
For the fiscal year, Zacks' consensus estimates forecast earnings per share of -0.62 and revenue of $707.52 million, indicating a change of +76.87% and +12.52% from the previous year to 12.52% respectively.
Investors should also pay attention to any adjustments to the analyst's estimate of the plug power supply. These latest adjustments usually reflect the dynamics of changing business models. Therefore, the positive estimate revision reflects analysts’ optimism about business and profitability.
Our research shows that changes in these estimates are directly related to upcoming stock price performance. To take advantage of this, we developed the Zacks Rank, a unique model that combines these estimation changes and provides a practical rating system.
The Zacks rating system ranges from #1 (strong buy) to #5 (strong sell), and it is worth noting that the performance of outperforms third-party audits and has been verified by third-party audits, with the average annual rate of return on the stock rated at #1 being +25% average annual rate of return since 1988. Zacks Esensus Epsens has been estimated to have improved by 1.09% over the past month. Currently, Plug Power has Zacks Ranking #3 (Reserved).
Electronics – Other product industries are part of the computer and technology sectors. The industry currently has a Zacks industry ranking of 48, ranking in the top 20% of all industries, with a quantity of over 250.
Zacks Industry Levels evaluate the strength of our individual industry groups by calculating the average Zack rating of individual stocks included in the group. Our research shows that the top 50% of industries outperformed the lower half 2-1.
Remember to rely on zacks.com to observe all these metrics that affect stocks, and more in subsequent trading courses.