Pineapple Energy (PEGY) Stock Price, News & Analysis

Company Overview

Pineapple Energy Inc. engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries. It primarily serves residential homeowners, as well as commercial owners, other municipal customers, energy services companies, and other utilities. Pineapple Energy Inc. was founded in 1969 and is based in Minnetonka, Minnesota.

Key Stats

• Today's Range: $2.75 to $3.30
• 50-Day Range: $3.05 to $9.24
• 52-Week Range: $2.85 to $540.00
• Volume: 204,300 shs
• Average Volume: 592,118 shs
• Market Capitalization: $5.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Pineapple Energy Stock Analysis - MarketRank™

Pineapple Energy scored higher than 10% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Pineapple Energy.

Earnings and Valuation

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

Price to Book Value per Share Ratio

Pineapple Energy has a P/B Ratio of 0.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

12.03% of the float of Pineapple Energy has been sold short.

Short Interest Ratio / Days to Cover

Pineapple Energy 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 Pineapple Energy has recently increased by 2,671.43%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Pineapple Energy does not currently pay a dividend.

Dividend Growth

Pineapple Energy does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

12.03% of the float of Pineapple Energy has been sold short.

Short Interest Ratio / Days to Cover

Pineapple Energy 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 Pineapple Energy has recently increased by 2,671.43%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.70

News Sentiment

Pineapple Energy has a news sentiment score of 0.70. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Pineapple Energy this week, compared to 2 articles on an average week.

Search Interest

15 people have searched for PEGY on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pineapple Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,190.00 in company stock.

Percentage Held by Insiders

Only 0.68% of the stock of Pineapple Energy is held by insiders.

Percentage Held by Institutions

Only 4.21% of the stock of Pineapple Energy is held by institutions.

PEGY Stock Analysis - Frequently Asked Questions

How have PEGY shares performed this year?

Pineapple Energy's stock was trading at $444.00 at the beginning of 2024. Since then, PEGY stock has decreased by 99.4% and is now trading at $2.81.
View the best growth stocks for 2024 here.

How were Pineapple Energy's earnings last quarter?

Pineapple Energy Inc. (NASDAQ:PEGY) issued its quarterly earnings data on Thursday, May, 9th. The company reported ($195.00) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($150.00) by $45.00. The company earned $13.22 million during the quarter, compared to analyst estimates of $18.90 million. Pineapple Energy had a negative trailing twelve-month return on equity of 373.78% and a negative net margin of 17.55%.

When did Pineapple Energy's stock split?

Pineapple Energy's stock reverse split on the morning of Thursday, October 17th 2024. The 1-50 reverse split was announced on Tuesday, October 15th 2024. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, October 16th 2024. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split.

How do I buy shares of Pineapple Energy?

Shares of PEGY 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 Pineapple Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pineapple Energy investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), CrowdStrike (CRWD) and Intuit (INTU).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Telephone & telegraph apparatus
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:PEGY
• CUSIP: N/A
• CIK: 22701
• Web: www.commsystems.com
• Phone: (952) 996-1674
• Fax: 952-941-2322
• Employees: 40
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-8,130,000.00
• Net Margins: -17.55%
• Pretax Margin: -17.38%
• Return on Equity: -373.78%
• Return on Assets: -19.77%

Debt

• Debt-to-Equity Ratio: 0.71
• Current Ratio: 0.47
• Quick Ratio: 0.36

Sales & Book Value

• Annual Sales: $60.93 million
• Price / Sales: 0.08
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1,493.20 per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 1,815,000
• Free Float: 1,803,000
• Market Cap: $5.10 million
• Optionable: Not Optionable
• Beta: 2.81