Analysts Anticipate Polar Power Inc (POLA) to Announce $0.03 EPS
Polar Power Inc (NASDAQ:POLA) has been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokers have set a 12 month consensus price target of $5.00 for the company and are expecting that the company will post $0.03 EPS for the current quarter, according to Zacks. Zacks has also assigned Polar Power an industry rank of 89 out of 255 based on the ratings given to its competitors.
Separately, TheStreet lowered shares of Polar Power from a “c-” rating to a “d” rating in a research report on Tuesday, March 26th.
Several large investors have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC acquired a new position in Polar Power during the 4th quarter worth approximately $1,221,000. Kirr Marbach & Co. LLC IN increased its holdings in Polar Power by 21.1% in the first quarter. Kirr Marbach & Co. LLC IN now owns 23,000 shares of the utilities provider’s stock worth $104,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Quantum Capital Management increased its holdings in Polar Power by 81.3% in the fourth quarter. Quantum Capital Management now owns 20,997 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 9,413 shares in the last quarter. 8.04% of the stock is currently owned by institutional investors.
About Polar Power
Polar Power, Inc designs, manufactures, and sells direct current (DC) power systems for applications in the telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets in the United States and internationally. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems.
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