On Monday, Bloom Energy Corp (NYSE: BE) opened lower -2.85% from the last session, before settling in for the closing price of $10.16. Price fluctuations for BE have ranged from $8.41 to $18.14 over the past 52 weeks.
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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%. Company’s average yearly earnings per share was noted 244.19% at the time writing. With a float of $192.95 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
A key investor’s attitude towards the stock of the Electrical Equipment & Parts industry is another important factor to consider. The insider ownership of Bloom Energy Corp is 15.43%, while institutional ownership is 82.73%. The most recent insider transaction that took place on Oct 16 ’24, was worth 21,903. In this transaction an insider of this company sold 2,086 shares at a rate of $10.50, taking the stock ownership to the 169,850 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Officer proposed sale 2,086 for $10.46, making the entire transaction worth $21,820.
Bloom Energy Corp (BE) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.04) by 0.19. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 244.19% per share during the next fiscal year.
Bloom Energy Corp (NYSE: BE) Trading Performance Indicators
Check out the current performance indicators for Bloom Energy Corp (BE). In the past quarter, the stock posted a quick ratio of 3.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.31, a number that is poised to hit 0.08 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 5.8 million, its volume of 4.24 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.08%. Additionally, its Average True Range was 0.56.
During the past 100 days, Bloom Energy Corp’s (BE) raw stochastic average was set at 5.37%, which indicates a significant decrease from 15.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.23% in the past 14 days, which was lower than the 65.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.79, while its 200-day Moving Average is $11.73. Nevertheless, the first resistance level for the watch stands at $10.20 in the near term. At $10.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.80. If the price goes on to break the first support level at $9.60, it is likely to go to the next support level at $9.33. Should the price break the second support level, the third support level stands at $9.00.
Bloom Energy Corp (NYSE: BE) Key Stats
There are currently 227,020K shares outstanding in the company with a market cap of 2.25 billion. Presently, the company’s annual sales total 1,333 M according to its annual income of -302,120 K. Last quarter, the company’s sales amounted to 335,770 K and its income totaled -61,790 K.
