In last trading session, Plug Power Inc (NASDAQ:PLUG) saw 51.71 million shares changing hands with its beta currently measuring 1.96. Company’s recent per share price level of $1.75 trading at -$0.02 or -1.13% at ring of the bell on the day assigns it a market valuation of $1.63B. That closing price of PLUG’s stock is at a discount of -180.0% from its 52-week high price of $4.90 and is indicating a premium of 10.29% from its 52-week low price of $1.57.
For Plug Power Inc (PLUG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.82. Splitting up the data highlights that, out of 16 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 8 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Plug Power Inc (NASDAQ:PLUG) trade information
Upright in the red during last session for losing -1.13%, in the last five days PLUG remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $1.75 price level, adding 5.41% to its value on the day. Plug Power Inc’s shares saw a change of -17.84% in year-to-date performance and have moved 6.06% in past 5-day. Plug Power Inc (NASDAQ:PLUG) showed a performance of -20.45% in past 30-days.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a rise of 12.5% to its current value. Analysts have been projecting 1.6 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would jump 8.57% in reaching the projected high whereas dropping to the targeted low would mean a gain of 8.57% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -45.13% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 46.03% while estimates for its earnings growth in next 5 years are of 43.03%.
Plug Power Inc (NASDAQ:PLUG)’s Major holders
VANGUARD GROUP INC is the top institutional holder at PLUG for having 69.97 million shares of worth $163.02 million. And as of 2024-06-30, it was holding 10.9108 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 62.35 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.7236 of outstanding shares, having a total worth of $145.28 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 28.46 shares of worth $49.8 million or 3.12% of the total outstanding shares. The later fund manager was in possession of 22.05 shares on Sep 30, 2024 , making its stake of worth around $38.59 million in the company or a holder of 2.42% of company’s stock.
