Fluence Energy, an energy storage company, completed its initial public offering, selling shares at $28 each, well above the talked range of $21 to $24 each.
Shares of FLNC will commence trading on the Nasdaq later today, but shares are available for limit orders on Robinhood and other platforms.
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| Latest market close | $16.14 |
|---|---|
| 52-week range | $13.03 - $30.19 |
| 50-day moving average | $19.67 |
| 200-day moving average | $19.33 |
| Wall St. target price | $28.96 |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-0.38 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $16.14 from 2024-07-23
| 1 week (2024-07-17) | -5.11% |
|---|---|
| 1 month (2024-06-24) | -13.32% |
| 3 months (2024-04-24) | -4.16% |
| 6 months (2024-01-24) | -23.07% |
| 1 year (2023-07-24) | -43.33% |
|---|---|
| 2 years (2022-07-22) | 58.24% |
| 3 years (2021-07-20) | N/A |
| 5 years (2019-07-20) | N/A |
Valuing Fluence Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fluence Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Fluence Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.2152. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Fluence Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
However, it's sensible to consider Fluence Energy's PEG ratio in relation to those of similar companies.
| Revenue TTM | $2.2 billion |
|---|---|
| Gross profit TTM | $-11,397,000 |
| Return on assets TTM | -2.6% |
| Return on equity TTM | -12.49% |
| Profit margin | -2.1% |
| Book value | $3.24 |
| Market Capitalization | $2.9 billion |
TTM: trailing 12 months
We're not expecting Fluence Energy to pay a dividend over the next 12 months.
Over the last 12 months, Fluence Energy's shares have ranged in value from as little as $13.03 up to $30.19. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Fluence Energy's is 2.496. This would suggest that Fluence Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
To put Fluence Energy's beta into context you can compare it against those of similar companies.
Fluence Energy, Inc. , through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled energy storage product for DC-coupled solar + storage projects; Edgestack, for smaller-scale commercial and industrial use cases; and Ultrastack, for critical system requirements of distribution and transmission networks. The company also provides engineering and delivery services to support the deployment of its storage products; operational and maintenance services; and digital applications. It serves independent power producers, developer, utilities, and other generators. Fluence Energy, Inc.
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