ITM Power (ITM) Share Price, News & Analysis

Company Overview

ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, Australia, rest of Europe, and the United States. The company's product portfolio comprises TRIDENT, an PEM electrolysers stack technology; NEPTUNE, a 2MW plug and play electrolyser for small to mid-size projects; and POSEIDON, a 20 MW electrolysis process module for large-scale projects. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom.

Key Stats

• Today's Range: 33.14 to 35.40
• 50-Day Range: 33 to 45.58
• 52-Week Range: 32.20 to 71.80
• Volume: 4.06 million shs
• Average Volume: 2.56 million shs
• Market Capitalization: £214.11 million
• P/E Ratio: N/A
• Dividend Yield: 0.96%
• Price Target: GBX 69.75
• Consensus Rating: Moderate Buy

ITM Power Stock Analysis - MarketRank™

ITM Power scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ITM Power has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ITM Power has only been the subject of 3 research reports 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 ITM Power is -868.00, 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 ITM Power is -868.00, 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

ITM Power has a P/B Ratio of 0.79. 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 ITM.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

ITM Power has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

ITM Power 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 ITM.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.15

News Sentiment

ITM Power has a news sentiment score of 1.15. 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 0.43 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for ITM Power this week, compared to 3 articles on an average week.

MarketBeat Follows

Only 2 people have added ITM Power to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, ITM Power insiders have bought more of their company's stock than they have sold. Specifically, they have bought £25,856.41 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

48.26% of the stock of ITM Power is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 37.29% of the stock of ITM Power is held by institutions.

ITM Stock Analysis - Frequently Asked Questions

How have ITM shares performed this year?

ITM Power's stock was trading at GBX 59.40 on January 1st, 2024. Since then, ITM stock has decreased by 41.5% and is now trading at GBX 34.72.
View the best growth stocks for 2024 here.

How were ITM Power's earnings last quarter?

ITM Power Plc (LON:ITM) announced its quarterly earnings data on Tuesday, January, 8th. The company reported ($1.80) earnings per share (EPS) for the quarter. ITM Power had a negative trailing twelve-month return on equity of 9.65% and a negative net margin of 164.90%.

How do I buy shares of ITM Power?

Shares of ITM stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of ITM Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ITM Power investors own include Plug Power (PLUG), Ceres Power (CWR), NIO (NIO), Meta Platforms (META), Tesla (TSLA), Lloyds Banking Group (LLOY) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 1/08/2019
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: N/A
• Current Symbol: LON:ITM
• CUSIP: N/A
• CIK: N/A
• Web: www.itm-power.com
• Phone: +44-114-2445111
• Fax: N/A
• Employees: 359
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 69.75
• High Stock Price Target: GBX 90
• Low Stock Price Target: GBX 59
• Potential Upside/Downside: +100.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £-27,220,000.00
• Net Margins: -164.90%
• Pretax Margin: N/A
• Return on Equity: -9.65%
• Return on Assets: -5.81%

Debt

• Debt-to-Equity Ratio: 4.73
• Current Ratio: 4.17
• Quick Ratio: 7.56

Sales & Book Value

• Annual Sales: £16.51 million
• Price / Sales: 12.97
• Cash Flow: GBX 22.41 per share
• Price / Cash Flow: 1.55
• Book Value: GBX 44 per share
• Price / Book: 0.79

Miscellaneous

• Outstanding Shares: 616,680,000
• Free Float: N/A
• Market Cap: £214.11 million
• Optionable: Not Optionable
• Beta: 2.03