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: $0.78 to $0.81
• 50-Day Range: $0.79 to $1.63
• 52-Week Range: $0.70 to $3.42
• Volume: 91,722 shs
• Average Volume: 121,884 shs
• Market Capitalization: $23.15 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 62% of companies evaluated by MarketBeat, and ranked 45th out of 88 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 only been the subject of 1 research reports 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 ($0.80) to ($0.75) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of GreenPower Motor is -0.92, 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 -0.92, 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 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.99% of the float of GreenPower Motor has been sold short.

Short Interest Ratio / Days to Cover

GreenPower Motor has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GreenPower Motor has recently increased by 65.11%, indicating that investor sentiment is decreasing 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

0.99% of the float of GreenPower Motor has been sold short.

Short Interest Ratio / Days to Cover

GreenPower Motor has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GreenPower Motor has recently increased by 65.11%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.22

News Sentiment

GreenPower Motor has a news sentiment score of 0.22. 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 0.60 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for GreenPower Motor this week, compared to 1 article on an average week.

Search Interest

4 people have searched for GP on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added GreenPower Motor to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 beginning of 2024. Since then, GP shares have decreased by 74.9% and is now trading at $0.7850.
View the best growth stocks for 2024 here.

How were GreenPower Motor's earnings last quarter?

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

When did GreenPower Motor IPO?

GreenPower Motor (GP) raised $38 million in an initial public offering (IPO) on Friday, August 28th 2020. The company issued 1,900,000 shares at $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.

Who are GreenPower Motor's major shareholders?

GreenPower Motor's top institutional shareholders include Axxcess Wealth Management LLC (1.06%) and Virtu Financial LLC (0.09%).
View institutional ownership trends.

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: 11/20/2024
• 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: +198.1%
• 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: 1.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.11 per share
• Price / Book: 0.70

Miscellaneous

• Outstanding Shares: 29,491,000
• Free Float: 21,204,000
• Market Cap: $23.00 million
• Optionable: Not Optionable
• Beta: 3.19