Plug Power (NASDAQ: PLUG) is one of 26 publicly-traded companies in the “MACHINERY-ELEC” industry, but how does it weigh in compared to its competitors? We will compare Plug Power to similar companies based on the strength of its analyst recommendations, risk, dividends, valuation, profitability, earnings and institutional ownership.
Risk and Volatility
Plug Power has a beta of 1.58, suggesting that its share price is 58% more volatile than the S&P 500. Comparatively, Plug Power’s competitors have a beta of 0.93, suggesting that their average share price is 7% less volatile than the S&P 500.
This is a breakdown of recent ratings and recommmendations for Plug Power and its competitors, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Plug Power Competitors||169||780||945||12||2.42|
Plug Power currently has a consensus target price of $3.60, indicating a potential upside of 76.47%. As a group, “MACHINERY-ELEC” companies have a potential upside of 12.31%. Given Plug Power’s stronger consensus rating and higher possible upside, equities analysts plainly believe Plug Power is more favorable than its competitors.
Earnings and Valuation
This table compares Plug Power and its competitors revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Plug Power||$103.26 million||-$127.08 million||-3.46|
|Plug Power Competitors||$5.44 billion||$456.66 million||14.29|
Plug Power’s competitors have higher revenue and earnings than Plug Power. Plug Power is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Insider & Institutional Ownership
26.8% of Plug Power shares are owned by institutional investors. Comparatively, 66.3% of shares of all “MACHINERY-ELEC” companies are owned by institutional investors. 4.9% of Plug Power shares are owned by company insiders. Comparatively, 5.6% of shares of all “MACHINERY-ELEC” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
This table compares Plug Power and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Plug Power Competitors||-235.44%||-22.80%||-13.91%|
Plug Power competitors beat Plug Power on 8 of the 13 factors compared.
About Plug Power
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’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled proton exchange membrane (PEM) fuel cell system. It provides power to material handling vehicles. GenFuel is a hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for productivity. GenCare is an ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is a stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.
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