Plug Power Inc. (PLUG) reported fourth quarter non-GAAP EPS of ($0.08) in the pre-market session Tuesday, compared to the consensus estimate of ($0.04). Revenues increased nearly 169% from last year to $21.5 million. Analysts expected revenues of $26.3 million. The stock is currently down 11.27% to $2.44.
For the full-year 2014, the alternative energy provider reported $64.2 million in total revenues, or $0.56 per share. This compares to total revs of $26.6 million, or $0.82/shr in FY 2013.
For fiscal 2015, the company guided revenues of $100 million, as compared to analysts’ expectations of $107.13 million.
On valuation measures, Plug Power Inc. shares, which currently have an average 3-month trading volume of 4.23 million shares, trade at a P/S ratio of 9.75. The median Wall Street price target on the name is $6.00 with a high target of $8.00. Currently ticker boasts 2 ‘Buy’ endorsements, compared to no ’Holds’ and no ‘Sell’.
Profitability-wise, PLUG has a t-12 profit and operating margin of (216.91%) and (59.61%), respectively. The $476.09 million market cap company reported $146.02 million in cash in debt in its most recent quarter.
PLUG currently prints a one year loss of about 59% and a year-to-date loss of 8.33%.
The chart below shows where the equity has traded over the last 52 weeks.
Plug Power Inc. is an alternative energy technology provider that focuses on the development and commercialization of fuel cell systems for the industrial off-road markets worldwide. The company was founded in 1997 and is headquartered in Latham, New York.