Polar Power (POLA) Stock Price, News & Analysis

Company Overview

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. It serves customers in the telecommunications, military, commercial, industrial, and marine markets. In addition, the company sells its products through a direct sales force, and independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.

Key Stats

• Today's Range: $2.73 to $3.03
• 50-Day Range: $2.75 to $4.11
• 52-Week Range: $2.24 to $5.95
• Volume: 28,109 shs
• Average Volume: 19,232 shs
• Market Capitalization: $50.75 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Polar Power Stock Analysis - MarketRank™

Polar Power scored higher than 13% of companies evaluated by MarketBeat, and ranked 89th out of 94 stocks in the utilities sector. 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 Polar Power.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Polar Power is -8.76, 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 Polar Power is -8.76, 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

Polar Power has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.34% of the outstanding shares of Polar Power have been sold short.

Short Interest Ratio / Days to Cover

Polar Power has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Polar Power has recently decreased by 4.47%, indicating that investor sentiment is improving.

Dividend

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

Dividend Yield

Polar Power does not currently pay a dividend.

Dividend Growth

Polar Power does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

1.34% of the outstanding shares of Polar Power have been sold short.

Short Interest Ratio / Days to Cover

Polar Power has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Polar Power has recently decreased by 4.47%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.05

News Sentiment

Polar Power has a news sentiment score of -0.05. 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 0.67 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Polar Power this week, compared to 6 articles on an average week.

Search Interest

1 people have searched for POLA on MarketBeat in the last 30 days.

MarketBeat Follows

Only 1 people have added Polar Power to their MarketBeat watchlist 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, Polar Power insiders have not sold or bought any company stock.

Percentage Held by Insiders

32.50% of the stock of Polar Power is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 26.10% of the stock of Polar Power is held by institutions.

POLA Stock Analysis - Frequently Asked Questions

How have POLA shares performed this year?

Polar Power's stock was trading at $2.8511 at the beginning of the year. Since then, POLA shares have increased by 1.4% and is now trading at $2.89.
View the best growth stocks for 2024 here.

How were Polar Power's earnings last quarter?

Polar Power, Inc. (NASDAQ:POLA) released its quarterly earnings data on Monday, November, 15th. The utilities provider reported $0.49 EPS for the quarter, topping analysts' consensus estimates of ($0.28) by $0.77. The utilities provider earned $4.14 million during the quarter. Polar Power had a negative trailing twelve-month return on equity of 40.41% and a negative net margin of 31.99%.

When did Polar Power's stock split?

Polar Power's stock reverse split on the morning of Tuesday, November 19th 2024. The 1-7 reverse split was announced on Friday, November 15th 2024. The number of shares owned by shareholders was adjusted after the market closes on Monday, November 18th 2024. An investor that had 100 shares of stock prior to the reverse split would have 14 shares after the split.

When did Polar Power IPO?

Polar Power (POLA) raised $15 million in an initial public offering (IPO) on Wednesday, December 7th 2016. The company issued 2,000,000 shares at a price of $7.00-$8.00 per share. Roth Capital Partners and Joseph Gunnar served as the underwriters for the IPO and Feltl and Company was co-manager.

Who are Polar Power's major shareholders?

Top institutional shareholders of Polar Power include Bard Associates Inc. (17.14%).
View institutional ownership trends.

How do I buy shares of Polar Power?

Shares of POLA 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 Polar Power own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Polar Power investors own include Block (SQ), Digital Turbine (APPS), Palantir Technologies (PLTR), CrowdStrike (CRWD), Canoo (GOEV), Vuzix (VUZI) and ChargePoint (CHPT).

Company Calendar

• Last Earnings: 11/15/2021
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:POLA
• CUSIP: N/A
• CIK: 1622345
• Web: www.polarpower.com
• Phone: (310) 830-9153
• Fax: 310-719-2385
• Employees: 100
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.33)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-6,550,000.00
• Net Margins: -31.99%
• Pretax Margin: -31.99%
• Return on Equity: -40.41%
• Return on Assets: -20.75%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.19
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $15.29 million
• Price / Sales: 3.32
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.02 per share
• Price / Book: 2.83

Miscellaneous

• Outstanding Shares: 17,560,000
• Free Float: 11,854,000
• Market Cap: $50.75 million
• Optionable: Not Optionable
• Beta: 0.94