Bloom Energy Corp (BE) is expecting -30.03% growth in the next quarter: What can investors do to maximize their returns?

Bloom Energy Corp (NYSE: BE) kicked off on Tuesday, down -7.47% from the previous trading day, before settling in for the closing price of $11.91. Over the past 52 weeks, BE has traded in a range of $8.41-$18.14.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 16.44%. While this was happening, its average annual earnings per share was recorded 246.70%. With a float of $192.35 million, this company’s outstanding shares have now reached $224.72 million.

Considering the fact that the conglomerate employs 2377 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 17.39%, operating margin of -9.46%, and the pretax margin is -21.07%.

Bloom Energy Corp (BE) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Bloom Energy Corp is 15.50%, while institutional ownership is 84.54%. The most recent insider transaction that took place on Aug 16 ’24, was worth 17,964. In this transaction an insider of this company sold 1,538 shares at a rate of $11.68, taking the stock ownership to the 167,818 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Officer proposed sale 1,538 for $11.98, making the entire transaction worth $18,425.

Bloom Energy Corp (BE) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 246.70% per share during the next fiscal year.

Bloom Energy Corp (NYSE: BE) Trading Performance Indicators

Take a look at Bloom Energy Corp’s (BE) current performance indicators. Last quarter, stock had a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.31, a number that is poised to hit 0.10 in the next quarter and is forecasted to reach 0.47 in one year’s time.

Technical Analysis of Bloom Energy Corp (BE)

Compared to the last year’s volume of 6.01 million, its volume of 3.13 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 47.61%. Additionally, its Average True Range was 0.75.

During the past 100 days, Bloom Energy Corp’s (BE) raw stochastic average was set at 21.06%, which indicates a significant increase from 2.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.24% in the past 14 days, which was lower than the 75.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.52, while its 200-day Moving Average is $12.34. Nevertheless, the first resistance level for the watch stands at $11.50 in the near term. At $11.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.22. If the price goes on to break the first support level at $10.77, it is likely to go to the next support level at $10.52. Should the price break the second support level, the third support level stands at $10.05.

Bloom Energy Corp (NYSE: BE) Key Stats

The company with the Market Capitalisation of 2.51 billion has total of 227,020K Shares Outstanding. Its annual sales at the moment are 1,333 M in contrast with the sum of -302,120 K annual income. Company’s last quarter sales were recorded 335,770 K and last quarter income was -61,790 K.