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Ocean Power Technologies, Inc. (OPTT)

Stock Price: $3.05 USD -0.11 (-3.48%)
Updated November 27, 1:00 PM EST - Market closed
After-hours: $3.06 +0.01 (0.33%) Nov 27, 4:57 PM

Stock Price Chart

Key Info

Market Cap 86.83M
Revenue (ttm) 1.65M
Net Income (ttm) -10.71M
Shares Out 28.47M
EPS (ttm) -1.11
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 27
Last Price $3.05
Previous Close $3.16
Change ($) -0.11
Change (%) -3.48%
Day's Open 3.16
Day's Range 3.00 - 3.24
Day's Volume 3,546,284
52-Week Range 0.34 - 3.24

More Stats

Market Cap 86.83M
Enterprise Value 77.20M
Earnings Date (est) Jan 1, 1970
Ex-Dividend Date n/a
Shares Outstanding 28.47M
Float n/a
EPS (basic) -1.23
EPS (diluted) -1.11
FCF / Share -0.62
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 822,783
Short Ratio 0.16
Short % of Float n/a
Beta 2.96
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 52.66
PB Ratio 8.89
Revenue 1.65M
Operating Income -11.71M
Net Income -10.71M
Free Cash Flow -9.75M
Net Cash 9.63M
Net Cash / Share 0.34
Gross Margin -6.37%
Operating Margin -710.07%
Profit Margin -649.60%
FCF Margin -591.15%
ROA -47.89%
ROE -93.37%
ROIC -576.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (0)

Buy 0
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: n/a

Price Target

$1,200*
Low
1,200
Current: $3.05
High
1,200
Target: 1,200
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2020201920182017201620152014201320122011
Revenue1.680.630.510.840.714.111.503.625.746.69
Revenue Growth166.14%23.68%-39.38%19.57%-82.83%173.9%-58.55%-36.98%-14.24%-
Gross Profit-0.11-0.67-0.25-0.100.04-0.57-0.010.140.050.44
Operating Income-11.37-13.27-11.56-11.69-14.86-14.29-13.15-16.32-16.56-21.28
Net Income-10.35-12.25-10.16-9.49-13.13-13.11-10.97-14.68-15.14-20.44
Shares Outstanding7.211.290.770.210.090.090.060.050.050.05
Earnings Per Share-1.44-9.52-13.24-44.60-145.00-150.00-182.00-284.00-294.00-398.00
Operating Cash Flow-10.58-12.14-10.70-10.04-10.93-17.17-6.50-10.85-13.91-18.77
Capital Expenditures-0.07-0.05-0.66-0.04-0.02-0.08-0.03-0.39-0.55-0.07
Free Cash Flow-10.64-12.19-11.35-10.08-10.95-17.25-6.52-11.24-14.46-18.84
Cash & Equivalents10.7117.0012.108.787.1117.9035.7021.7433.1832.02
Total Debt1.31-0.020.060.140.150.250.350.450.59
Net Cash / Debt9.4017.0012.078.726.9717.7535.4521.3932.7331.43
Assets13.5418.3714.1210.0710.3518.8738.0824.8337.4453.55
Liabilities3.052.593.894.636.823.619.986.715.337.06
Book Value10.4915.7810.245.453.5315.6928.4718.2932.1446.47
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Ocean Power Technologies, Inc.
Country United States
Employees 36
CEO George H. Kirby

Stock Information

Ticker Symbol OPTT
Stock Exchange NASDAQ
Sector Industrials
Industry Electrical Equipment & Parts
Unique Identifier NASDAQ: OPTT
IPO Date April 25, 2007

Description

Ocean Power Technologies develops and commercializes proprietary systems that generate electricity by harnessing the renewable energy of ocean waves in North and South America, Europe, and Asia. It offers PB3 PowerBuoy system that generates power for use independent of the power grid in remote offshore locations. The company also provides hybrid PowerBuoy products; subsea battery systems; and payloads, integration services, and marine installation services. In addition, it offers electric power and real-time data communications for remote offshore and subsea applications in markets, such as offshore oil and gas, defense and security, science and research, and communications. The company serves public and private entities, and agencies that require remote offshore power. Ocean Power Technologies, Inc. was founded in 1984 and is headquartered in Monroe Township, New Jersey.