Greenpower Motor Stock Today

GP Stock  USD 1.83  0.01  0.54%   

Performance

0 of 100

 
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Odds Of Distress

Over 54

 
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GreenPower is selling at 1.83 as of the 28th of April 2024; that is -0.54 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.81. GreenPower has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for GreenPower Motor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 28th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
10th of February 2015
Category
Industrials
GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. It sells and leases its vehicles to customers directly and through distributors. Greenpower operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. The company has 24.99 M outstanding shares of which 158.91 K shares are currently sold short in the market by investors with about 3.55 days to cover all shorted shares. More on GreenPower Motor

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GreenPower Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. GreenPower's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding GreenPower or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President DirectorBrendan Riley
Thematic Ideas
(View all Themes)
Old NameGolden Peak Minerals Inc
Business ConcentrationConstruction Machinery & Heavy Transportation Equipment, Farm & Heavy Construction Machinery, Industrials, NASDAQ Composite, Cars, Automobiles and Trucks, Industrials, Machinery, Auto Manufacturers, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering GreenPower report their recommendations after researching GreenPower's financial statements, talking to executives and customers, or listening in on GreenPower's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering GreenPower Motor. The GreenPower consensus assessment is calculated by taking the average forecast from all of the analysts covering GreenPower.
Financial Strength
Based on the analysis of GreenPower's profitability, liquidity, and operating efficiency, GreenPower Motor is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of GreenPower Motor is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.30.56
Way Down
Slightly volatile
Total Current Liabilities32 M30.5 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total11.3 M10.8 M
Sufficiently Up
Slightly volatile
Total Assets76.7 M73.1 M
Sufficiently Up
Slightly volatile
Total Current Assets65.4 M62.3 M
Sufficiently Up
Slightly volatile
GreenPower's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to GreenPower's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand GreenPower's financial leverage. It provides some insight into what part of GreenPower's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on GreenPower's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how GreenPower deploys its capital and how much of that capital is borrowed.
Liquidity
GreenPower cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 15.75 M of total liabilities with total debt to equity ratio (D/E) of 0.31, which is normal for its line of buisiness. GreenPower Motor has a current ratio of 2.21, indicating that it is in good position to pay out its debt commitments in time. Debt can assist GreenPower until it has trouble settling it off, either with new capital or with free cash flow. So, GreenPower's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like GreenPower Motor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for GreenPower to invest in growth at high rates of return. When we think about GreenPower's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

6.96 Million
GreenPower Motor (GP) is traded on NASDAQ Exchange in USA. It is located in 209 Carrall Street, Vancouver, BC, Canada, V6B 2J2 and employs 112 people. GreenPower is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a market capitalization of 45.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate GreenPower's market, we take the total number of its shares issued and multiply it by GreenPower's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. GreenPower Motor is active under Machinery sector as part of Industrials industry. The entity has 24.99 M outstanding shares of which 158.91 K shares are currently sold short in the market by investors with about 3.55 days to cover all shorted shares. GreenPower Motor reports about 5.43 M in cash with (14.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.23.
Check GreenPower Probability Of Bankruptcy
Ownership Allocation
GreenPower secures a total of 24.99 Million outstanding shares. GreenPower secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check GreenPower Ownership Details

GreenPower Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of GreenPower jumping above the current price in 90 days from now is about 81.21%. The GreenPower Motor probability density function shows the probability of GreenPower stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.7184. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, GreenPower will likely underperform. Additionally, greenPower Motor has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 1.83HorizonTargetOdds Above 1.83
18.72%90 days
 1.83 
81.21%
Based on a normal probability distribution, the odds of GreenPower to move above the current price in 90 days from now is about 81.21 (This GreenPower Motor probability density function shows the probability of GreenPower Stock to fall within a particular range of prices over 90 days) .

GreenPower Stock Institutional Holders

Institutional Holdings refers to the ownership stake in GreenPower that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of GreenPower's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing GreenPower's value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
11.1 K
Inspire Advisors, Llc2023-12-31
10.8 K
Wells Fargo & Co2023-12-31
1.8 K
Rhumbline Advisers2023-12-31
1.5 K
International Assets Investment Management, Llc2023-09-30
1000
U.s. Bancorp2023-12-31
1000
Simplex Trading, Llc2023-12-31
470
Ubs Group Ag2023-12-31
413
Nbt Bank National Association2023-12-31
356
Axxcess Wealth Management, Llc2023-12-31
120.4 K
Advisor Group Holdings, Inc.2023-12-31
62.9 K
View GreenPower Diagnostics

GreenPower Historical Income Statement

GreenPower Motor Income Statement is one of the three primary financial statements used for reporting GreenPower's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of GreenPower Motor revenue and expense. GreenPower Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, GreenPower's Total Revenue is relatively stable compared to the past year. As of 04/28/2024, Gross Profit is likely to grow to about 8.8 M, though EBITDA is likely to grow to (10.3 M). View More Fundamentals

GreenPower Stock Against Markets

Picking the right benchmark for GreenPower stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in GreenPower stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for GreenPower is critical whether you are bullish or bearish towards GreenPower Motor at a given time. Please also check how GreenPower's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GreenPower without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Odds Of Bankruptcy

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GreenPower Corporate Management

Elected by the shareholders, the GreenPower's board of directors comprises two types of representatives: GreenPower inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GreenPower. The board's role is to monitor GreenPower's management team and ensure that shareholders' interests are well served. GreenPower's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, GreenPower's outside directors are responsible for providing unbiased perspectives on the board's policies.
Claus TrittVP SalesProfile
Amber ParrishHR MangProfile
Taylor FreelandManager ResourcesProfile
Frank ZhangCorporate ControllerProfile
Yanyan ZhangVice ManagementProfile

How to buy GreenPower Stock?

Before investing in GreenPower, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in GreenPower. To buy GreenPower stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of GreenPower. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase GreenPower stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located GreenPower Motor stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased GreenPower Motor stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as GreenPower Motor, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy GreenPower Stock please use our How to Invest in GreenPower guide.

Already Invested in GreenPower Motor?

The danger of trading GreenPower Motor is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of GreenPower is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than GreenPower. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile GreenPower Motor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether GreenPower Motor is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if GreenPower Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Greenpower Motor Stock. Highlighted below are key reports to facilitate an investment decision about Greenpower Motor Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GreenPower Motor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running GreenPower's price analysis, check to measure GreenPower'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 GreenPower is operating at the current time. Most of GreenPower's value examination focuses on studying past and present price action to predict the probability of GreenPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GreenPower's price. Additionally, you may evaluate how the addition of GreenPower to your portfolios can decrease your overall portfolio volatility.
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Is GreenPower's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GreenPower. If investors know GreenPower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GreenPower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.63)
Revenue Per Share
1.995
Quarterly Revenue Growth
(0.36)
Return On Assets
(0.15)
Return On Equity
(0.69)
The market value of GreenPower Motor is measured differently than its book value, which is the value of GreenPower that is recorded on the company's balance sheet. Investors also form their own opinion of GreenPower's value that differs from its market value or its book value, called intrinsic value, which is GreenPower's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GreenPower's market value can be influenced by many factors that don't directly affect GreenPower's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GreenPower's value and its price as these two are different measures arrived at by different means. Investors typically determine if GreenPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GreenPower's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.