Polar Power Stock Today
| POLA Stock | USD 0.36 0.04 10.00% |
Performance1 of 100
| Odds Of DistressOver 60
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Polar Power is trading at 0.36 as of the 19th of April 2024, a -10 percent decrease since the beginning of the trading day. The stock's open price was 0.4. Polar Power has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Polar Power are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 7th of December 2016 | Category Industrials |
Polar Power, Inc. designs, manufactures, and sells direct current power generators, renewable energy, and cooling systems in the United States and internationally. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California. Polar Power operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. The company has 17.56 M outstanding shares of which 331.24 K shares are at this time shorted by private and institutional investors with about 2.22 trading days to cover. More on Polar Power
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Polar Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Polar Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Polar Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Executive President | Balwinder Samra | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Heavy Electrical Equipment, Electrical Equipment & Parts, Industrials, Jakarta Stock Exchange, NASDAQ Composite, Industrials, Electrical Equipment, Electrical Equipment & Parts, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Polar Power report their recommendations after researching Polar Power's financial statements, talking to executives and customers, or listening in on Polar Power's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Polar Power. The Polar consensus assessment is calculated by taking the average forecast from all of the analysts covering Polar Power. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Polar Power's profitability, liquidity, and operating efficiency, Polar Power is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Polar Power is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Polar Power's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Polar Power's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Polar Power's financial leverage. It provides some insight into what part of Polar Power's total assets is financed by creditors.
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Polar Power (POLA) is traded on NASDAQ Exchange in USA. It is located in 249 East Gardena Boulevard, Gardena, CA, United States, 90248 and employs 87 people. Polar Power is listed under Heavy Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.27 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Polar Power's market, we take the total number of its shares issued and multiply it by Polar Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Polar Power conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 17.56 M outstanding shares of which 331.24 K shares are at this time shorted by private and institutional investors with about 2.22 trading days to cover.
Polar Power currently holds about 2.66 M in cash with (3.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.
Check Polar Power Probability Of Bankruptcy
Ownership AllocationPolar Power owns a total of 17.56 Million outstanding shares. Polar Power has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Polar Ownership Details
Polar Stock Price Odds Analysis
What are Polar Power's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Polar Power jumping above the current price in 90 days from now is about 85.46%. The Polar Power probability density function shows the probability of Polar Power stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0058 indicating Polar Power market returns are sensitive to returns on the market. As the market goes up or down, Polar Power is expected to follow. Additionally, polar Power has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Polar Power to move above the current price in 90 days from now is about 85.46 (This Polar Power probability density function shows the probability of Polar Stock to fall within a particular range of prices over 90 days) .
Polar Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Polar Power that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Polar Power's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Polar Power's value.| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 987 | |
| Bank Of America Corp | 2023-12-31 | 314 | |
| Fmr Inc | 2023-12-31 | 162 | |
| Wells Fargo & Co | 2023-12-31 | 56.0 | |
| Qube Research & Technologies | 2023-12-31 | 50.0 | |
| Royal Bank Of Canada | 2023-12-31 | 48.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 18.0 | |
| Visionpoint Advisory Group, Llc | 2023-12-31 | 10.0 | |
| Baird Financial Group, Inc. | 2023-09-30 | 0.0 | |
| Bard Associates Inc | 2023-12-31 | 2.8 M | |
| Vanguard Group Inc | 2023-12-31 | 236.2 K |
Polar Power Historical Income Statement
Polar Power Income Statement is one of the three primary financial statements used for reporting Polar's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Polar Power revenue and expense. Polar Power Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Polar Power's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 587 K, whereas Selling General Administrative is forecasted to decline to about 3.4 M. View More FundamentalsPolar Stock Against Markets
Picking the right benchmark for Polar Power stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Polar Power stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Polar Power is critical whether you are bullish or bearish towards Polar Power at a given time. Please also check how Polar Power's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Polar Power without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Polar Stock?
Before investing in Polar Power, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Polar Power. To buy Polar Power stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Polar Power. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Polar Power stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Polar Power stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Polar Power stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Polar Power, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Polar Stock please use our How to Invest in Polar Power guide.
Already Invested in Polar Power?
The danger of trading Polar Power is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Polar Power is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Polar Power. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Polar Power is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Polar Power offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Polar Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Polar Power Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Polar Power Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Polar Power. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Polar Stock refer to our How to Trade Polar Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Polar Stock analysis
When running Polar Power's price analysis, check to measure Polar Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Polar Power is operating at the current time. Most of Polar Power's value examination focuses on studying past and present price action to predict the probability of Polar Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polar Power's price. Additionally, you may evaluate how the addition of Polar Power to your portfolios can decrease your overall portfolio volatility.
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Is Polar Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Polar Power. If investors know Polar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Polar Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.49) | Revenue Per Share 1.151 | Quarterly Revenue Growth (0.43) | Return On Assets (0.15) | Return On Equity (0.42) |
The market value of Polar Power is measured differently than its book value, which is the value of Polar that is recorded on the company's balance sheet. Investors also form their own opinion of Polar Power's value that differs from its market value or its book value, called intrinsic value, which is Polar Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Polar Power's market value can be influenced by many factors that don't directly affect Polar Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Polar Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Polar Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Polar Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.