Plug Power Stock Today
| PLUG Stock | USD 2.24 0.11 5.16% |
Performance7 of 100
| Odds Of DistressLess than 50
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Plug Power is trading at 2.24 as of the 30th of November 2024. This is a 5.16 percent increase since the beginning of the trading day. The stock's lowest day price was 2.15. Plug Power has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Plug Power are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 29th of October 1999 | Category Industrials |
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. The company was founded in 1997 and is headquartered in Latham, New York. The company has 911.2 M outstanding shares of which 216.19 M shares are at this time shorted by private and institutional investors with about 3.77 trading days to cover. More on Plug Power
Moving together with Plug Stock
| 0.61 | EOSE | Eos Energy Enterprises Buyout Trend | PairCorr |
Plug Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO and President and Director | Andrew Marsh | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electrical Components & Equipment, Electrical Equipment & Parts, Industrials, NASDAQ Composite, NASDAQ Composite Total, Climate Change, Driverless Cars, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsPlug Power can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Plug Power's financial leverage. It provides some insight into what part of Plug Power's total assets is financed by creditors.
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Plug Power (PLUG) is traded on NASDAQ Exchange in USA. It is located in 968 Albany Shaker Road, Latham, NY, United States, 12110 and employs 3,868 people. Plug Power is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.04 B. Plug Power conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 911.2 M outstanding shares of which 216.19 M shares are at this time shorted by private and institutional investors with about 3.77 trading days to cover.
Plug Power currently holds about 2.7 B in cash with (1.11 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.63, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Plug Power Probability Of Bankruptcy
Ownership AllocationPlug Power owns a total of 911.2 Million outstanding shares. 30% of Plug Power outstanding shares are owned by third-party entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Plug Ownership Details
Plug Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| First Trust Advisors L.p. | 2024-06-30 | 4.1 M | |
| Amvescap Plc. | 2024-06-30 | 3.7 M | |
| Ing Investment Management Llc | 2024-06-30 | 3.7 M | |
| Van Eck Associates Corporation | 2024-06-30 | 3.4 M | |
| Amundi | 2024-06-30 | 3.4 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 3.2 M | |
| Ubs Group Ag | 2024-06-30 | 3 M | |
| Wells Fargo & Co | 2024-06-30 | 3 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 2.9 M | |
| Vanguard Group Inc | 2024-09-30 | 82.9 M | |
| Blackrock Inc | 2024-06-30 | 62.4 M |
Plug Power Historical Income Statement
Plug Stock Against Markets
Plug Power Corporate Management
| Keith Schmid | Executive Projects | Profile | |
| Tammy Kimble | Vice Resources | Profile | |
| Meryl Fritz | Manager Communications | Profile | |
| Dean Fullerton | Chief Officer | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plug Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plug Power. If investors know Plug will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.11) | Revenue Per Share 0.929 | Quarterly Revenue Growth (0.13) | Return On Assets (0.13) | Return On Equity (0.43) |
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plug Power's market value can be influenced by many factors that don't directly affect Plug Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.