Shares of Polar Power Inc (NASDAQ:POLA) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Analysts have set a 12-month consensus target price of $4.50 for the company and are anticipating that the company will post ($0.01) EPS for the current quarter, according to Zacks. Zacks has also assigned Polar Power an industry rank of 202 out of 265 based on the ratings given to related companies.
A number of brokerages recently issued reports on POLA. Zacks Investment Research upgraded shares of Polar Power from a “sell” rating to a “hold” rating in a report on Tuesday. ValuEngine cut shares of Polar Power from a “hold” rating to a “sell” rating in a report on Friday, March 2nd.
Shares of Polar Power (POLA) traded down $0.06 during trading hours on Thursday, reaching $4.84. 27,162 shares of the company were exchanged, compared to its average volume of 16,932. The company has a market capitalization of $45.34, a PE ratio of -70.00 and a beta of 0.65. Polar Power has a 12-month low of $4.01 and a 12-month high of $9.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 23.62 and a quick ratio of 18.35.
Polar Power (NASDAQ:POLA) last issued its quarterly earnings data on Thursday, March 8th. The utilities provider reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.05). The business had revenue of $3.98 million during the quarter, compared to the consensus estimate of $4.50 million. Polar Power had a negative return on equity of 3.26% and a negative net margin of 5.39%. equities analysts anticipate that Polar Power will post 0.15 earnings per share for the current year.
TRADEMARK VIOLATION NOTICE: “Brokerages Set $4.50 Target Price for Polar Power Inc (POLA)” was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://sportsperspectives.com/2018/03/13/brokerages-set-4-50-target-price-for-polar-power-inc-pola.html.
Polar Power Company Profile
Polar Power, Inc is engaged in designing, manufacturing and selling direct current (DC) power systems for applications primarily in the telecommunications, military, electric vehicle charging, cogeneration, distributed power and uninterruptable power supply markets. Within the telecommunications market, the Company’s DC power systems provide DC power to service applications that do not have access to the utility grid (such as off-grid applications) or have critical power needs and cannot be without power in the event of utility grid failure (such as back-up power applications).
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Polar Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Power and related companies with MarketBeat.com's FREE daily email newsletter.