Stem, Inc. (NYSE:STEM – Get Free Report) has been given an average rating of “Hold” by the twelve research firms that are presently covering the firm, MarketBeat.com reports. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $2.71.
Several equities analysts have weighed in on STEM shares. The Goldman Sachs Group dropped their price target on Stem from $1.40 to $0.75 and set a “neutral” rating for the company in a research report on Thursday, August 8th. Evercore ISI decreased their price target on shares of Stem from $9.00 to $5.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. UBS Group cut their price objective on shares of Stem from $2.50 to $1.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Susquehanna lowered shares of Stem from a “positive” rating to a “neutral” rating and decreased their target price for the stock from $2.00 to $0.50 in a research report on Friday, August 9th. Finally, TD Cowen lowered Stem from a “buy” rating to a “hold” rating and reduced their price target for the stock from $4.00 to $1.00 in a research note on Wednesday, August 7th.
Check Out Our Latest Analysis on Stem
Institutional Inflows and Outflows
Stem Stock Up 4.4 %
STEM stock opened at $0.44 on Monday. The firm’s 50 day moving average price is $0.85 and its 200-day moving average price is $1.33. Stem has a one year low of $0.37 and a one year high of $5.15. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.51 and a current ratio of 1.66. The firm has a market cap of $71.69 million, a PE ratio of -0.31 and a beta of 1.70.
Stem (NYSE:STEM – Get Free Report) last announced its quarterly earnings data on Tuesday, August 6th. The company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. Stem had a negative return on equity of 63.98% and a negative net margin of 213.33%. The business had revenue of $34.00 million during the quarter, compared to the consensus estimate of $64.06 million. During the same period in the previous year, the company posted ($0.56) earnings per share. The business’s revenue for the quarter was down 63.4% on a year-over-year basis. On average, equities research analysts anticipate that Stem will post -0.66 EPS for the current year.
Stem Company Profile
Stem, Inc operates as a digitally connected, intelligent, and renewable energy storage network provider worldwide. The company offers energy storage hardware sourced from original equipment manufacturers (OEMs); edge hardware to aid in the collection of site data and real-time operation and control of the site and other optional equipment; and Athena, a software platform, which offers battery hardware and software-enabled services to operate the energy storage systems.
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