Should I buy or sell Pineapple Energy stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pineapple Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PEGY shares. View PEGY analyst ratings or view top-rated stocks .

What is Pineapple Energy's stock price target for 2024?

2 analysts have issued 12-month price targets for Pineapple Energy's shares. Their PEGY share price targets range from $2.50 to $5.50. On average, they predict the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 3,821.6% from the stock's current price. View analysts price targets for PEGY or view top-rated stocks among Wall Street analysts .

How have PEGY shares performed in 2024?

Pineapple Energy's stock was trading at $0.5920 at the beginning of the year. Since then, PEGY stock has decreased by 82.8% and is now trading at $0.1020. View the best growth stocks for 2024 here .

When is Pineapple Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024. View our PEGY earnings forecast .

Who are Pineapple Energy's major shareholders?

Pineapple Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Coldstream Capital Management Inc. (2.80%).

How do I buy shares of Pineapple Energy?

Shares of PEGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:PEGY

Pineapple Energy (PEGY) Stock Price, News & Analysis

$0.10

-0.01 (-6.42%)

(As of 02/9/2024 08:56 PM ET)

Compare

Today's Range: $0.10
▼
$0.14
50-Day Range: $0.10
▼
$0.65
52-Week Range: $0.08
▼
$2.18

Volume: 27.99 million shs
Average Volume: 3.65 million shs
Market Capitalization: $1.05 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

Get Pineapple Energy alerts:

Pineapple Energy MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 3,821.6% Upside
$4.00 Price Target
Short Interest: Healthy
0.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.66
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.55) to ($0.17) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.56 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Pineapple Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.00, Pineapple Energy has a forecasted upside of 3,821.6% from its current price of $0.10.
Amount of Analyst Coverage
Pineapple Energy has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.90% of the float of Pineapple Energy has been sold short.
Short Interest Ratio / Days to Cover
Pineapple Energy has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Pineapple Energy has recently increased by 10.04%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Pineapple Energy does not currently pay a dividend.
Dividend Growth
Pineapple Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PEGY.

2.6

News and Social Media Coverage

News Sentiment
Pineapple Energy has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Pineapple Energy this week, compared to 1 article on an average week.
Search Interest
3 people have searched for PEGY on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Pineapple Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pineapple Energy insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.30% of the stock of Pineapple Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 6.89% of the stock of Pineapple Energy is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Pineapple Energy are expected to grow in the coming year, from ($0.55) to ($0.17) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pineapple Energy is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pineapple Energy is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Pineapple Energy has a P/B Ratio of 0.04. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Pineapple Energy Stock (NASDAQ:PEGY)

Pineapple Energy Inc. engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries. It primarily serves residential homeowners, as well as commercial owners, other municipal customers, energy services companies, and other utilities. Pineapple Energy Inc. was founded in 1969 and is based in Minnetonka, Minnesota.

PEGY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PEGY Stock News Headlines

February 2, 2024 | marketbeat.com

How to start investing in penny stocks (PEGY)

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February 7, 2024 | msn.com

Pineapple Energy Stock (NASDAQ:PEGY): Don’t Try to Juice This for Profits

February 12, 2024 | The Freeport Society (Ad)

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February 6, 2024 | msn.com

Pineapple Holdings Secures $1 Million Through Share Sale

February 5, 2024 | benzinga.com

Gold Moves Lower; ISM Services PMI Beats Estimates

February 5, 2024 | finance.yahoo.com

Pineapple Energy Prices $1.0 Million Registered Direct Offering of Common Stock

February 4, 2024 | msn.com

Pineapple And Coffee Is An Unexpected Pairing You Need To Try

February 4, 2024 | news.yahoo.com

Another 'Pineapple Express' storm is expected to wallop California

February 12, 2024 | The Freeport Society (Ad)

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February 3, 2024 | news.yahoo.com

'Pineapple Express' storms: One down, another looms. What to know

February 2, 2024 | news.yahoo.com

Slideshow: ‘Pineapple Express’ pummels California

February 2, 2024 | msn.com

‘Pineapple Expresses’ and rising seas are battering California’s piers, threatening iconic landmarks

February 2, 2024 | msn.com

‘Pineapple Express’ sweeps California as an atmospheric river fuels storms and floods state

February 1, 2024 | msn.com

What is a pineapple express? Weather phenomenon pummels California

February 1, 2024 | yahoo.com

First of two 'Pineapple Express' atmospheric river storms slams California with rain, snow

February 1, 2024 | msn.com

California weather: ‘Pineapple Express’ slams West Coast with heavy rain and wind

February 1, 2024 | news.yahoo.com

Nominations for annual Pineapple Awards now open

February 1, 2024 | news.yahoo.com

Pineapple express makes final stop in B.C., zones in on flood-hit areas

January 31, 2024 | news.yahoo.com

Stunning satellite photos show 'Pineapple Express' storms head for Southern California

January 30, 2024 | msn.com

A pineapple express storm is about to drench California. Here's what that means.

January 29, 2024 | news.yahoo.com

Pineapple Express expected to bring rain to High Desert

January 28, 2024 | news.yahoo.com

Pineapple express delivers soaking rains in B.C., elevates flood, avalanche risk

January 26, 2024 | news.yahoo.com

What is a 'Pineapple Express'?

January 24, 2024 | msn.com

How Pineapple Boosts Your Health: Nutrition Professionals Share Their Insights, Tips, And Recommendations

January 10, 2024 | forbes.com

Can Dogs Eat Pineapple? Yes, And They’re Good For Dogs Too

January 8, 2024 | msn.com

Pineapple: How Much Should You Take? Find Out What The Nutrition Professionals Say, Get Serving Sizes, And Reasons To Eat

January 3, 2024 | yahoo.com

Health Benefits of Pineapple

See More Headlines

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Company Calendar

Today: 2/12/2024
Next Earnings (Estimated): 4/04/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Telephone & telegraph apparatus
Sub-Industry: N/A
Current Symbol: NASDAQ:PEGY
CUSIP: N/A
CIK: 22701
Web: www.commsystems.com
Phone: (952) 996-1674
Fax: 952-941-2322
Employees: 255
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.00
High Stock Price Target: $5.50
Low Stock Price Target: $2.50
Potential Upside/Downside: +3,821.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.50)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-10,350,000.00
Net Margins: -17.91%
Pretax Margin: -7.48%
Return on Equity: -17.39%
Return on Assets: -6.20%

Debt

Debt-to-Equity Ratio: 0.61
Current Ratio: 0.85
Quick Ratio: 0.64

Sales & Book Value

Annual Sales: $27.52 million
Price / Sales: 0.04
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.74 per share
Price / Book: 0.04

Miscellaneous

Outstanding Shares: 10,250,000
Free Float: 8,987,000
Market Cap: $1.05 million
Optionable: Not Optionable
Beta: 2.58

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Key Executives

Mr. Kyle Udseth (Age 43)
CEO & Director
Comp: $475.74k
Mr. Eric Ingvaldson (Age 43)
Chief Financial Officer
Comp: $224.12k
Ms. Kristin A. Hlavka (Age 42)
Corporate Controller
Comp: $307.77k
Mr. James Brennan
Senior Vice President of Corporate Development

Key Competitors

View All Competitors

Institutional Ownership

Coldstream Capital Management Inc.
Bought 182,812 shares on 2/9/2024
Ownership: 2.800%

View All Institutional Transactions

PEGY Stock Analysis - Frequently Asked Questions

Should I buy or sell Pineapple Energy stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pineapple Energy in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PEGY shares.
View PEGY analyst ratings or view top-rated stocks.
What is Pineapple Energy's stock price target for 2024?: 2 analysts have issued 12-month price targets for Pineapple Energy's shares. Their PEGY share price targets range from $2.50 to $5.50. On average, they predict the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 3,821.6% from the stock's current price.
View analysts price targets for PEGY or view top-rated stocks among Wall Street analysts.
How have PEGY shares performed in 2024?: Pineapple Energy's stock was trading at $0.5920 at the beginning of the year. Since then, PEGY stock has decreased by 82.8% and is now trading at $0.1020.
View the best growth stocks for 2024 here.
When is Pineapple Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 4th 2024.
View our PEGY earnings forecast.

Who are Pineapple Energy's major shareholders?: Pineapple Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Coldstream Capital Management Inc. (2.80%).
How do I buy shares of Pineapple Energy?: Shares of PEGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PEGY) was last updated on 2/12/2024 by MarketBeat.com Staff

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