$-0.03 EPS Expected for Plug Power Inc (PLUG)

October 15, 2017 - By Vivian Park

 $ 0.03 EPS Expected for Plug Power Inc (PLUG)
Investors sentiment increased to 3.62 in Q2 2017. Its up 2.62, from 1 in 2017Q1. It improved, as 7 investors sold Plug Power Inc shares while 14 reduced holdings. 29 funds opened positions while 47 raised stakes. 105.60 million shares or 174.45% more from 38.48 million shares in 2017Q1 were reported.
State Common Retirement Fund stated it has 0% of its portfolio in Plug Power Inc (NASDAQ:PLUG). First Tru Advsrs L P reported 232,094 shares. Alpine Woods Llc invested in 0% or 20,000 shares. Nationwide Fund Advisors has 0% invested in Plug Power Inc (NASDAQ:PLUG). Raymond James Fincl Ser Advsr owns 39,216 shares. Mcf Ltd Co accumulated 5 shares. 138,965 are held by Parametric Port Ltd Liability Corp. Proshare Advisors Ltd Liability Corporation holds 0% in Plug Power Inc (NASDAQ:PLUG) or 19,743 shares. Bancshares Of Montreal Can holds 242,305 shares. Morgan Stanley holds 551,692 shares. Glenmede Trust Com Na holds 0% or 595 shares. Sigma Planning reported 0% stake. Great West Life Assurance Can accumulated 17,975 shares. Oakworth Cap reported 1,000 shares. 296,988 were accumulated by Eam Invsts Limited Company.

Analysts await Plug Power Inc (NASDAQ:PLUG) to report earnings on November, 6. They expect $-0.03 EPS, up 57.14 % or $0.04 from last year’s $-0.07 per share. After $-0.10 actual EPS reported by Plug Power Inc for the previous quarter, Wall Street now forecasts -70.00 % EPS growth. The stock decreased 2.44% or $0.07 on October 13, reaching $2.8. About 4.08M shares traded. Plug Power Inc (NASDAQ:PLUG) has risen 11.11% since October 15, 2016 and is uptrending. It has underperformed by 5.59% the S&P500.

Plug Power Inc (NASDAQ:PLUG) Ratings Coverage

Among 6 analysts covering Plug Power (NASDAQ:PLUG), 5 have Buy rating, 1 Sell and 0 Hold. Therefore 83% are positive. Plug Power had 16 analyst reports since July 28, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of PLUG in report on Monday, July 10 with “Buy” rating. Zacks upgraded the shares of PLUG in report on Wednesday, August 12 to “Hold” rating. The firm has “Buy” rating given on Friday, August 11 by Cowen & Co. The firm has “Sell” rating given on Wednesday, May 17 by Roth Capital. The firm has “Buy” rating by Rodman & Renshaw given on Tuesday, December 6. The rating was maintained by H.C. Wainwright with “Buy” on Monday, July 24. Craig Hallum initiated the stock with “Buy” rating in Tuesday, July 28 report. The company was maintained on Sunday, August 9 by Roth Capital. The stock of Plug Power Inc (NASDAQ:PLUG) has “Buy” rating given on Thursday, September 14 by Cowen & Co. FBR Capital initiated Plug Power Inc (NASDAQ:PLUG) rating on Friday, December 18. FBR Capital has “Outperform” rating and $3.0 target.

Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The company has market cap of $637.07 million. The Company’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. It currently has negative earnings. GenKey offers solutions to clients transitioning their material handling vehicles to fuel cell power.

More recent Plug Power Inc (NASDAQ:PLUG) news were published by: Globenewswire.com which released: “Plug Power CEO to Present Hydrogen Advancements at First-Ever Hydrogen Council …” on September 18, 2017. Also Fool.com published the news titled: “Forget Plug Power, Here’s the Fuel Cell Stock to Buy” on September 15, 2017. Fool.com‘s news article titled: “Is Plug Power, Inc. a Buy?” with publication date: September 22, 2017 was also an interesting one.

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