GreenPower Motor (GP) to Release Earnings on Tuesday

GreenPower Motor (NASDAQ:GPGet Free Report) will be releasing its earnings data before the market opens on Tuesday, February 13th. Analysts expect GreenPower Motor to post earnings of ($0.09) per share for the quarter.

GreenPower Motor (NASDAQ:GPGet Free Report) last issued its quarterly earnings data on Monday, November 13th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.10). The firm had revenue of $8.44 million for the quarter, compared to the consensus estimate of $19.37 million. GreenPower Motor had a negative net margin of 26.43% and a negative return on equity of 55.24%. On average, analysts expect GreenPower Motor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GreenPower Motor Stock Performance

Shares of NASDAQ:GP opened at $2.53 on Tuesday. The company has a market cap of $63.22 million, a price-to-earnings ratio of -4.36 and a beta of 3.56. The company has a 50-day moving average price of $2.96 and a 200-day moving average price of $3.24. The company has a current ratio of 2.07, a quick ratio of 0.51 and a debt-to-equity ratio of 0.22. GreenPower Motor has a 12 month low of $2.02 and a 12 month high of $6.05.

Institutional Investors Weigh In On GreenPower Motor

Several large investors have recently added to or reduced their stakes in GP. B. Riley Wealth Advisors Inc. raised its stake in shares of GreenPower Motor by 34.5% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 15,585 shares of the company’s stock worth $27,000 after acquiring an additional 4,000 shares in the last quarter. Royal Bank of Canada increased its stake in GreenPower Motor by 112.2% during the 1st quarter. Royal Bank of Canada now owns 8,272 shares of the company’s stock valued at $56,000 after purchasing an additional 4,373 shares in the last quarter. JPMorgan Chase & Co. increased its stake in GreenPower Motor by 84.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,243 shares of the company’s stock valued at $45,000 after purchasing an additional 6,518 shares in the last quarter. UBS Group AG increased its stake in GreenPower Motor by 293.5% during the 2nd quarter. UBS Group AG now owns 10,220 shares of the company’s stock valued at $33,000 after purchasing an additional 7,623 shares in the last quarter. Finally, Renaissance Technologies LLC increased its stake in GreenPower Motor by 23.1% during the 1st quarter. Renaissance Technologies LLC now owns 59,080 shares of the company’s stock valued at $136,000 after purchasing an additional 11,080 shares in the last quarter. 1.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. BTIG Research reiterated a “neutral” rating on shares of GreenPower Motor in a research note on Wednesday, November 15th. Maxim Group dropped their target price on shares of GreenPower Motor from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Monday, October 23rd. Finally, Roth Mkm dropped their target price on shares of GreenPower Motor from $13.00 to $7.00 and set a “buy” rating on the stock in a research note on Thursday, November 16th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, GreenPower Motor presently has an average rating of “Moderate Buy” and a consensus target price of $6.33.

Check Out Our Latest Analysis on GP

GreenPower Motor Company Profile

(Get Free Report)

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.

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Earnings History for GreenPower Motor (NASDAQ:GP)

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