Ocean Power Technologies Stock Analysis
| OPTT Stock | USD 0.43 0.03 6.93% |
Ocean Power Technologies is undervalued with Real Value of 1.8 and Target Price of 6.0. The main objective of Ocean Power stock analysis is to determine its intrinsic value, which is an estimate of what Ocean Power Technologies is worth, separate from its market price. There are two main types of Ocean Power's stock analysis: fundamental analysis and technical analysis.
The Ocean Power stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Ocean Power is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Ocean Stock trading window is adjusted to America/New York timezone.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ocean Power Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. Ocean Stock Analysis Notes
The book value of the company was now reported as 0.17. The company recorded a loss per share of 0.26. Ocean Power Technologies last dividend was issued on the 12th of March 2019. The entity had 1:20 split on the 12th of March 2019. Ocean Power Technologies, Inc. develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North America, South America, Europe, and Asia. Ocean Power Technologies, Inc. was incorporated in 1984 and is headquartered in Monroe Township, New Jersey. Ocean Power operates under Electrical Equipment Parts classification in the United States and is traded on AMEX Exchange. It employs 54 people. To find out more about Ocean Power Technologies contact Philipp Stratmann at 609 730 0400 or learn more at https://www.oceanpowertechnologies.com.Ocean Power Quarterly Total Revenue |
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Ocean Power Technologies Investment Alerts
| Ocean Power generated a negative expected return over the last 90 days | |
| Ocean Power has high historical volatility and very poor performance | |
| Ocean Power has some characteristics of a very speculative penny stock | |
| Ocean Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.53 M. Net Loss for the year was (27.48 M) with profit before overhead, payroll, taxes, and interest of 2.3 M. | |
| Ocean Power Technologies currently holds about 51.9 M in cash with (29.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.94, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Ocean Power has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Ocean Power Technologies Secures Order for Fully Integrated WAM-V for an International ... |
Ocean Power Technologies Upcoming and Recent Events
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
Ocean Largest EPS Surprises
Earnings surprises can significantly impact Ocean Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2015-12-08 | 2015-10-31 | -1.85 | -1.05 | 0.8 | 43 | ||
2017-09-07 | 2017-07-31 | -1.85 | -0.22 | 1.63 | 88 | ||
2015-10-31 | 2015-07-31 | -30 | -34.124 | -4.124 | 13 |
Ocean Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wolverine Trading Llc | 2024-12-31 | 68.4 K | Synovus Financial Corp | 2024-12-31 | 50.5 K | Jane Street Group Llc | 2024-12-31 | 41 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 31.2 K | Xtx Topco Ltd | 2024-12-31 | 28.7 K | Bank Of New York Mellon Corp | 2024-12-31 | 25.8 K | Lpl Financial Corp | 2024-12-31 | 25.1 K | Commonwealth Equity Services Inc | 2024-12-31 | 20.4 K | Townsquare Capital Llc | 2024-12-31 | 16 K | Vanguard Group Inc | 2024-12-31 | 3.2 M | Susquehanna International Group, Llp | 2024-12-31 | 2 M |
Ocean Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 69.35 M.Ocean Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.91) | (1.81) | |
| Return On Capital Employed | (1.58) | (1.50) | |
| Return On Assets | (1.10) | (1.05) | |
| Return On Equity | (1.63) | (1.55) |
Management Efficiency
Ocean Power Technologies has return on total asset (ROA) of (0.3803) % which means that it has lost $0.3803 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8051) %, meaning that it created substantial loss on money invested by shareholders. Ocean Power's management efficiency ratios could be used to measure how well Ocean Power manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to -1.81 in 2025. Return On Capital Employed is likely to gain to -1.5 in 2025. At this time, Ocean Power's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 2.4 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 5.5 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.38 | 0.36 | |
| Tangible Book Value Per Share | 0.14 | 0.13 | |
| Enterprise Value Over EBITDA | (0.34) | (0.36) | |
| Price Book Value Ratio | 0.68 | 0.64 | |
| Enterprise Value Multiple | (0.34) | (0.36) | |
| Price Fair Value | 0.68 | 0.64 | |
| Enterprise Value | 9.7 M | 5.5 M |
Understanding the operational decisions made by Ocean Power management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Technical Drivers
As of the 24th of April, Ocean Power holds the Coefficient Of Variation of (768.74), variance of 56.56, and Risk Adjusted Performance of (0.21). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ocean Power, as well as the relationship between them.Ocean Power Technologies Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Kaufman Adaptive Moving Average allows the user to define Ocean Power Technologies range across which they want the smoothing.
Ocean Power Technologies Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ocean Power insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ocean Power's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ocean Power insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ocean Power Outstanding Bonds
Ocean Power issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ocean Power Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ocean bonds can be classified according to their maturity, which is the date when Ocean Power Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Ocean Power Predictive Daily Indicators
Ocean Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ocean Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ocean Power Forecast Models
Ocean Power's time-series forecasting models are one of many Ocean Power's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ocean Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ocean Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ocean Power prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ocean shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ocean Power. By using and applying Ocean Stock analysis, traders can create a robust methodology for identifying Ocean entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (5.98) | (6.28) | |
| Operating Profit Margin | (6.12) | (6.43) | |
| Net Loss | (5.72) | (6.01) | |
| Gross Profit Margin | 0.59 | 0.62 |
Current Ocean Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ocean analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ocean analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 6.0 | Strong Sell | 0 | Odds |
Most Ocean analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ocean stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ocean Power Technologies, talking to its executives and customers, or listening to Ocean conference calls.
Ocean Analyst Advice DetailsOcean Stock Analysis Indicators
Ocean Power Technologies stock analysis indicators help investors evaluate how Ocean Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ocean Power shares will generate the highest return on investment. By understating and applying Ocean Power stock analysis, traders can identify Ocean Power position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 7.1 M | |
| Total Stockholder Equity | 19.3 M | |
| Capital Lease Obligations | 2.6 M | |
| Property Plant And Equipment Net | 5.8 M | |
| Cash And Short Term Investments | 3.2 M | |
| Net Invested Capital | 19.3 M | |
| Cash | 3.2 M | |
| 200 Day M A | 0.3985 | |
| 50 Day M A | 0.5244 | |
| Net Interest Income | 800 K | |
| Total Current Liabilities | 7.4 M | |
| Investments | 25.5 M | |
| Stock Based Compensation | 1.2 M | |
| Common Stock Shares Outstanding | 59 M | |
| Tax Provision | -1.3 M | |
| Free Cash Flow | -32.3 M | |
| Operating Income | -29.4 M | |
| Other Current Assets | 1.7 M | |
| Accounts Payable | 3.4 M | |
| Net Debt | -579 K | |
| Depreciation | 1.2 M | |
| Other Operating Expenses | 34.9 M | |
| Non Current Assets Total | 18.2 M | |
| Liabilities And Stockholders Equity | 28.7 M | |
| Home Category | Domestic | |
| Non Currrent Assets Other | 154 K |
Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean 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 Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean 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 Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.