Plug Power Inc (NASDAQ: PLUG): Can A Stock Be -62.45% Lower Year-To-Date And Still Be A Loser?

Plug Power Inc (NASDAQ:PLUG)’s traded shares stood at 117.83 million during the last session, with the company’s beta value hitting 2.15. At the close of trading, the stock’s price was $0.80, to imply an increase of 4.38% or $0.03 in intraday trading. The PLUG share’s 52-week high remains $3.55, putting it -343.75% down since that peak but still an impressive 13.75% since price per share fell to its 52-week low of $0.69.

Analysts have given a consensus recommendation of Buy for Plug Power Inc (PLUG), translating to a mean rating of 2.81. Of 16 analyst(s) looking at the stock, 3 analyst(s) give PLUG a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 8 recommend it as a Buy.

Plug Power Inc (NASDAQ:PLUG) trade information

After registering a 4.38% upside in the last session, Plug Power Inc (PLUG) has traded red over the past five days. The 5-day price performance for the stock is 14.37%, and -4.85% over 30 days. With these gigs, the year-to-date price performance is -62.45%.

The extremes give us $1.1 and $1.8 for target low and target high price respectively. As such, PLUG has been trading -125.0% off suggested target high and -37.5% from its likely low.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -49.35% for the past 5-year period. While 2025 is set for a 77.70% return in earnings, projections for the next 5 years are at 52.62% annually.

PLUG Dividends

Plug Power Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is BLACKROCK INC. with 62.35 million shares, or about 8.4622% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $145.28 million.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund as the top two Mutual Funds with the largest holdings of the Plug Power Inc (PLUG) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 29.54 shares. This is just over 2.74% of the total shares, with a market valuation of $23.63 million. Data from the same date shows that the other fund manager holds a little less at 23.21, or 2.15% of the shares, all valued at about 18.56 million.