Beam Global (BEEM) Stock Price, News & Analysis

Company Overview

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs. The company is also involved in the development of EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. It offers its solutions for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, street lighting, telecommunications, energy infrastructure, and outdoor media and branding industries. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.

Key Stats

• Today's Range: $4.13 to $4.34
• 50-Day Range: $4.23 to $5.43
• 52-Week Range: $4.13 to $8.48
• Volume: 101,898 shs
• Average Volume: 127,239 shs
• Market Capitalization: $61.84 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $16.33
• Consensus Rating: Moderate Buy

Beam Global Stock Analysis - MarketRank™

Beam Global scored higher than 46% of companies evaluated by MarketBeat, and ranked 59th out of 92 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Beam Global has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Beam Global has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Beam Global are expected to grow in the coming year, from ($0.86) to ($0.15) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Beam Global is -3.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Beam Global is -3.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Beam Global has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.10% of the outstanding shares of Beam Global have been sold short.

Short Interest Ratio / Days to Cover

Beam Global has a short interest ratio ("days to cover") of 14.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Beam Global has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Beam Global does not currently pay a dividend.

Dividend Growth

Beam Global does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.10% of the outstanding shares of Beam Global have been sold short.

Short Interest Ratio / Days to Cover

Beam Global has a short interest ratio ("days to cover") of 14.5, which indicates bearish sentiment.

Change versus previous month

Short interest in Beam Global has recently decreased by 9.52%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.06

News Sentiment

Beam Global has a news sentiment score of 1.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Beam Global this week, compared to 2 articles on an average week.

Search Interest

8 people have searched for BEEM on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

4 people have added Beam Global to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Beam Global insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.03% of the stock of Beam Global is held by insiders.

Percentage Held by Institutions

Only 26.59% of the stock of Beam Global is held by institutions.

BEEM Stock Analysis - Frequently Asked Questions

How have BEEM shares performed this year?

Beam Global's stock was trading at $7.09 at the beginning of 2024. Since then, BEEM stock has decreased by 40.3% and is now trading at $4.23.
View the best growth stocks for 2024 here.

How were Beam Global's earnings last quarter?

Beam Global (NASDAQ:BEEM) released its quarterly earnings results on Thursday, November, 11th. The company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.03. The firm earned $2.02 million during the quarter, compared to analyst estimates of $3.31 million. Beam Global had a negative trailing twelve-month return on equity of 29.07% and a negative net margin of 25.27%.

Who are Beam Global's major shareholders?

Beam Global's top institutional shareholders include Green Alpha Advisors LLC (0.32%), Calton & Associates Inc. (0.13%) and Capital Performance Advisors LLP (0.03%). Insiders that own company stock include Townsend Battery Partners, Llc and Desmond C Wheatley.
View institutional ownership trends.

How do I buy shares of Beam Global?

Shares of BEEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Beam Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Beam Global investors own include Symbotic (SYM), JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), Voya Infrastructure, Industrials and Materials Fund (IDE), American Water Works (AWK), AUO (AUOTY), Waste Connections (WCN) and The RMR Group (RMR).

Company Calendar

• Last Earnings: 11/11/2021
• Today: 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Semiconductors & related devices
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:BEEM
• CUSIP: N/A
• CIK: 1398805
• Web: www.envisionsolar.com
• Phone: (858) 799-4583
• Fax: 858-799-4592
• Employees: 90
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $16.33
• High Stock Price Target: $30.00
• Low Stock Price Target: $9.00
• Potential Upside/Downside: +286.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.32)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-16,060,000.00
• Net Margins: -25.27%
• Pretax Margin: -25.27%
• Return on Equity: -29.07%
• Return on Assets: -19.18%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 1.79
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $67.35 million
• Price / Sales: 0.92
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.48 per share
• Price / Book: 1.22

Miscellaneous

• Outstanding Shares: 14,620,000
• Free Float: 14,178,000
• Market Cap: $61.84 million
• Optionable: Optionable
• Beta: 0.87