GreenPower Motor (GP) Stock Price, News & Analysis

Company Overview

GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation. It leases its vehicles to customers. GreenPower Motor Company Inc. was founded in 2010 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $0.73 to $0.76
• 50-Day Range: $0.72 to $1.47
• 52-Week Range: $0.70 to $3.22
• Volume: 132,370 shs
• Average Volume: 125,665 shs
• Market Capitalization: $21.84 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.33
• Consensus Rating: Buy

GreenPower Motor Stock Analysis - MarketRank™

GreenPower Motor scored higher than 71% of companies evaluated by MarketBeat, and ranked 31st out of 91 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

GreenPower Motor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

GreenPower Motor has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for GreenPower Motor are expected to grow in the coming year, from ($0.71) to ($0.66) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GreenPower Motor is -0.87, 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 GreenPower Motor is -0.87, 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

GreenPower Motor has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.15% of the outstanding shares of GreenPower Motor have been sold short.

Short Interest Ratio / Days to Cover

GreenPower Motor has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GreenPower Motor has recently decreased by 55.88%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

GreenPower Motor does not currently pay a dividend.

Dividend Growth

GreenPower Motor does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.15% of the outstanding shares of GreenPower Motor have been sold short.

Short Interest Ratio / Days to Cover

GreenPower Motor has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GreenPower Motor has recently decreased by 55.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

GreenPower Motor has a news sentiment score of 1.00. 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 0.53 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 1 news article for GreenPower Motor this week, compared to 1 article on an average week.

Search Interest

Only 3 people have searched for GP on MarketBeat in the last 30 days. This is a decrease of -40% 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, GreenPower Motor insiders have not sold or bought any company stock.

Percentage Held by Insiders

28.10% of the stock of GreenPower Motor is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 1.69% of the stock of GreenPower Motor is held by institutions.

GP Stock Analysis - Frequently Asked Questions

How have GP shares performed this year?

GreenPower Motor's stock was trading at $3.13 at the start of the year. Since then, GP shares have decreased by 76.3% and is now trading at $0.7407.
View the best growth stocks for 2024 here.

How were GreenPower Motor's earnings last quarter?

GreenPower Motor Company Inc. (NASDAQ:GP) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.14) by $0.05. The firm earned $8.16 million during the quarter, compared to analysts' expectations of $12 million. GreenPower Motor had a negative trailing twelve-month return on equity of 208.05% and a negative net margin of 98.93%.

When did GreenPower Motor IPO?

GreenPower Motor (GP) raised $38 million in an IPO on Friday, August 28th 2020. The company issued 1,900,000 shares at a price of $20.00 per share. B.Riley FBR and Roth Capital Partners served as the underwriters for the IPO and ThinkEquity, Maxim Group and PI Financial Corp. were co-managers.

How do I buy shares of GreenPower Motor?

Shares of GP 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 GreenPower Motor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GreenPower Motor investors own include Waste Connections (WCN), American Water Works (AWK), AUO (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 2/13/2024
• Today: 12/30/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Truck & bus bodies
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:GP
• CUSIP: N/A
• CIK: 1584547
• Web: www.greenpowerbus.com
• Phone: (604) 563-4144
• Fax: N/A
• Employees: 70
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.33
• High Stock Price Target: $3.00
• Low Stock Price Target: $1.65
• Potential Upside/Downside: +206.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.85)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-18,340,000.00
• Net Margins: -98.93%
• Pretax Margin: N/A
• Return on Equity: -208.05%
• Return on Assets: -48.19%

Debt

• Debt-to-Equity Ratio: 1.52
• Current Ratio: 1.44
• Quick Ratio: 0.06

Sales & Book Value

• Annual Sales: $21.60 million
• Price / Sales: 1.03
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.11 per share
• Price / Book: 0.68

Miscellaneous

• Outstanding Shares: 29,491,000
• Free Float: 21,204,000
• Market Cap: $22.35 million
• Optionable: Not Optionable
• Beta: 3.15