![]() grew its stake in Plug Power by 0.9% in the second quarter. CWM LLC now owns 9,819 shares of the electronics maker’s stock valued at $121,000 after buying an additional 691 shares in the last quarter. CWM LLC grew its holdings in shares of Plug Power by 7.6% during the fourth quarter. Institutional Investors Weigh In On Plug PowerĪ number of institutional investors and hedge funds have recently modified their holdings of the stock. will post -0.89 earnings per share for the current year. Equities analysts expect that Plug Power Inc. The firm’s quarterly revenue was up 49.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.27) EPS. The firm had revenue of $210.29 million during the quarter, compared to the consensus estimate of $207.67 million. Plug Power had a negative return on equity of 18.72% and a negative net margin of 100.41%. The electronics maker reported ($0.35) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.08). Plug Power ( NASDAQ:PLUG – Get Rating) last posted its quarterly earnings data on Tuesday, May 9th. According to, the company presently has a consensus rating of “Moderate Buy” and an average target price of $20.34. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Finally, Seaport Res Ptn restated a “buy” rating on shares of Plug Power in a report on Tuesday. Ke圜orp dropped their price objective on Plug Power from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Thursday, March 2nd. dropped their target price on Plug Power from $23.00 to $20.00 in a report on Monday, May 1st. Morgan Stanley downgraded Plug Power from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $35.00 to $15.00 in a report on Monday, April 3rd. Northland Securities dropped their target price on Plug Power from $25.00 to $13.00 in a report on Thursday, May 11th. Several equities research analysts recently commented on PLUG shares. ![]() Plug Power shares last traded at $9.44, with a volume of 4,979,555 shares trading hands. The stock had previously closed at $9.04, but opened at $9.38. ( NASDAQ:PLUG – Get Rating)’s stock price gapped up before the market opened on Wednesday.
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