iPower (IPW) Stock Price, News & Analysis

Company Overview

iPower Inc. operates as an online retailer and supplier of consumer home, garden, and pet products for commercial businesses and individuals in the United States. The company offers grow light systems; advanced heating, ventilation, and air conditioning systems; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media products. It also provides general gardening products, including environmental sensors and controls; and home products, which comprise commercial fans, floor and wall fans, storage and shelving units, and chairs. The company sells its products under the iPower and Simple Deluxe brand names through zenhydro.com, simpledeluxe.com, and various third-party online platforms. The company was formerly known as BZRTH Inc. and changed its name to iPower Inc. in September 2020. iPower Inc. was incorporated in 2018 and is based in Rancho Cucamonga, California.

Key Stats

• Today's Range: $0.71 to $0.92
• 50-Day Range: $0.72 to $2.15
• 52-Week Range: $0.40 to $3.65
• Volume: 1.15 million shs
• Average Volume: 278,072 shs
• Market Capitalization: $22.62 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.75
• Consensus Rating: Buy

iPower Stock Analysis - MarketRank™

iPower scored higher than 45% of companies evaluated by MarketBeat, and ranked 219th out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

iPower has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

iPower has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of iPower is -10.28, 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 iPower is -10.28, 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

iPower has a P/B Ratio of 0.99. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for IPW.

Dividend

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

Dividend Yield

iPower does not currently pay a dividend.

Dividend Growth

iPower does not have a long track record of dividend growth.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for IPW.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.37

News Sentiment

iPower has a news sentiment score of 0.37. 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 lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for iPower this week, compared to 1 article on an average week.

Search Interest

Only 7 people have searched for IPW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

27.63% of the stock of iPower is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 2.73% of the stock of iPower is held by institutions.

IPW Stock Analysis - Frequently Asked Questions

How have IPW shares performed this year?

iPower's stock was trading at $0.45 on January 1st, 2024. Since then, IPW stock has increased by 60.0% and is now trading at $0.72.
View the best growth stocks for 2024 here.

How were iPower's earnings last quarter?

iPower Inc. (NYSE:IPW) announced its earnings results on Thursday, September, 19th. The company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The business earned $19.45 million during the quarter, compared to analyst estimates of $21.30 million. iPower had a negative net margin of 2.89% and a negative trailing twelve-month return on equity of 7.45%.

When did iPower IPO?

iPower (IPW) raised $17 million in an initial public offering on Wednesday, May 12th 2021. The company issued 3,400,000 shares at $5.00 per share. D.A. Davidson, Roth Capital Partners and Tiger Brokers served as the underwriters for the IPO.

Who are iPower's major shareholders?

Top institutional investors of iPower include XTX Topco Ltd (0.10%) and Royce & Associates LP (0.05%). Insiders that own company stock include Chenlong Tan and Kevin Vassily.
View institutional ownership trends.

How do I buy shares of iPower?

Shares of IPW 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 iPower own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iPower investors own include Ford Motor (F), Walmart (WMT), ChargePoint (CHPT), Intel (INTC), Palantir Technologies (PLTR), Plug Power (PLUG) and Robinhood Markets (HOOD).

Company Calendar

• Last Earnings: 9/19/2024
• Today: 11/17/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Building materials, hardware, garden supply & mobile home dealers
• Sub-Industry: Retail
• Current Symbol: NYSE:IPW
• CUSIP: N/A
• CIK: 1830072
• Web: www.meetipower.com
• Phone: 626-863-7344
• Fax: N/A
• Employees: 90
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.75
• High Stock Price Target: $2.75
• Low Stock Price Target: $2.75
• Potential Upside/Downside: +281.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,530,000.00
• Net Margins: -2.89%
• Pretax Margin: -2.08%
• Return on Equity: -7.45%
• Return on Assets: -2.95%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.47
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $86.07 million
• Price / Sales: 0.26
• Cash Flow: $0.08 per share
• Price / Cash Flow: 8.92
• Book Value: $0.73 per share
• Price / Book: 0.99

Miscellaneous

• Outstanding Shares: 31,420,000
• Free Float: 22,742,000
• Market Cap: $22.62 million
• Optionable: Not Optionable
• Beta: 4.07