Should I buy or sell GreenPower Motor stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GreenPower Motor in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GP shares. View GP analyst ratings or view top-rated stocks .

What is GreenPower Motor's stock price target for 2024?

4 Wall Street analysts have issued 12-month price objectives for GreenPower Motor's shares. Their GP share price targets range from $3.00 to $6.00. On average, they expect the company's share price to reach $5.00 in the next year. This suggests a possible upside of 184.1% from the stock's current price. View analysts price targets for GP or view top-rated stocks among Wall Street analysts .

How have GP shares performed in 2024?

GreenPower Motor's stock was trading at $3.13 on January 1st, 2024. Since then, GP stock has decreased by 43.8% and is now trading at $1.76. View the best growth stocks for 2024 here .

Are investors shorting GreenPower Motor?

GreenPower Motor saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 137,500 shares, a decline of 5.6% from the March 15th total of 145,700 shares. Based on an average trading volume of 48,400 shares, the short-interest ratio is presently 2.8 days. Currently, 0.8% of the company's stock are short sold. View GreenPower Motor's Short Interest .

When is GreenPower Motor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024. View our GP earnings forecast .

How were GreenPower Motor's earnings last quarter?

GreenPower Motor Company Inc. (NASDAQ:GP) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.05. The company had revenue of $8.16 million for the quarter, compared to the consensus estimate of $12 million. GreenPower Motor had a negative net margin of 31.47% and a negative trailing twelve-month return on equity of 66.07%. During the same quarter in the prior year, the firm earned ($0.14) earnings per share.

What other stocks do shareholders of GreenPower Motor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GreenPower Motor investors own include Hyliion (HYLN) , Activision Blizzard (ATVI) , Alpha and Omega Semiconductor (AOSL) , Aemetis (AMTX) , Advanced Micro Devices (AMD) , Aileron Therapeutics (ALRN) , AIM ImmunoTech (AIM) and Automatic Data Processing (ADP) .

When did GreenPower Motor IPO?

GreenPower Motor (GP) raised $38 million in an initial public offering on Friday, August 28th 2020. The company issued 1,900,000 shares at a price of $20.00 per share. B.Riley FBR and Roth Capital Partners acted as the underwriters for the IPO and ThinkEquity, Maxim Group and PI Financial Corp. were co-managers.

How do I buy shares of GreenPower Motor?

Shares of GP 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:GP

GreenPower Motor (GP) Stock Price, News & Analysis

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Free GP Stock Alerts

$1.76

+0.03 (+1.73%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.69
▼
$1.79
50-Day Range: $1.66
▼
$2.85
52-Week Range: $1.62
▼
$6.05

Volume: 46,963 shs
Average Volume: 48,314 shs
Market Capitalization: $43.98 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.00

Get GreenPower Motor alerts:

GreenPower Motor MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 184.1% Upside
$5.00 Price Target
Short Interest: Healthy
0.75% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.52
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.63) to ($0.45) 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.

2.85 out of 5 stars

Auto/Tires/Trucks Sector

43rd out of 77 stocks

Truck & Bus Bodies Industry

2nd out of 3 stocks

3.4

Analyst's Opinion

Consensus Rating
GreenPower Motor has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
GreenPower Motor has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.75% of the float of GreenPower Motor has been sold short.
Short Interest Ratio / Days to Cover
GreenPower Motor has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in GreenPower Motor has recently decreased by 5.63%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
GreenPower Motor does not currently pay a dividend.
Dividend Growth
GreenPower Motor 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 GP.

2.5

News and Social Media Coverage

News Sentiment
GreenPower Motor has a news sentiment score of 0.52. 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 is a higher news sentiment than the 0.40 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for GreenPower Motor this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for GP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added GreenPower Motor to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GreenPower Motor insiders have not sold or bought any company stock.
Percentage Held by Insiders
28.10% of the stock of GreenPower Motor is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 1.69% of the stock of GreenPower Motor is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for GreenPower Motor are expected to grow in the coming year, from ($0.63) to ($0.45) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GreenPower Motor is -2.79, 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 GreenPower Motor is -2.79, 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
GreenPower Motor has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About GreenPower Motor Stock (NASDAQ:GP)

GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation. It leases its vehicles to customers. GreenPower Motor Company Inc. was founded in 2010 and is headquartered in Vancouver, Canada.

GP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GP Stock News Headlines

April 18, 2024 | americanbankingnews.com

GreenPower Motor Company Inc. (NASDAQ:GP) Sees Significant Decrease in Short Interest

April 17, 2024 | finance.yahoo.com

GreenPower to Exhibit at 2024 National Association of Fleet Administrators Expo

April 19, 2024 | Crypto 101 Media (Ad)

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April 17, 2024 | prnewswire.com

GreenPower to Exhibit at 2024 National Association of Fleet Administrators Expo

April 16, 2024 | prnewswire.com

GreenPower to Showcase its All-Electric Commercial Vehicles at San Diego Gas & Electric EV Fleet Day

April 15, 2024 | prnewswire.com

Piedmont Truck Center, Matthews Specialty Vehicles and the North Carolina Clean Energy Technology Center to Feature GreenPower Vehicles at Earth Day Fair in Winston-Salem

April 10, 2024 | prnewswire.com

GreenPower Plans To Deliver 88 All-Electric School Buses in West Virginia in Fiscal Year 2025

April 9, 2024 | prnewswire.com

Join GreenPower's Exclusive Live Investor Webinar and Q&A Session on April 17

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April 2, 2024 | msn.com

F1's net-zero pledges are colliding with its ambitions to go truly global

March 28, 2024 | finanznachrichten.de

GREENPOWER PARK: TRAILBLAZING UK CENTRE OF ELECTRIFICATION & CLEAN ENERGY AND WEST MIDLANDS GIGAFACTORY TO SPEARHEAD THE GREEN INDUSTRIAL REVOLUTION

March 28, 2024 | prnewswire.com

GreenPower Announces Results of Annual General and Special Meeting, Appointment of Officers, Stock Option Grants and Appointment of Investor Relations Representative

March 7, 2024 | prnewswire.com

GreenPower to Host Investor Meetings at 36th Annual Roth Conference

March 7, 2024 | investorplace.com

3 Tiny Stocks Capable of 100% Explosions

March 6, 2024 | prnewswire.com

GreenPower Launches New Truck Body Business to Provide a One-Stop Shop for Commercial Customers

March 5, 2024 | prnewswire.com

GreenPower Delivers All-Electric BEAST School Bus to Phoenix Elementary School District in Arizona Marking the Company's First Delivery in Arizona

February 28, 2024 | prnewswire.com

GreenPower to Showcase its Commercial Vehicles at 2024 Work Truck Week and Host Press Conference

February 23, 2024 | benzinga.com

GreenPower Motor Co Stock (NASDAQ:GP) Earnings Dates and Earning Calls

February 21, 2024 | finance.yahoo.com

GreenPower Recognized as Number Two in Clean Tech & Life Sciences by 2024 TSX Venture 50

February 21, 2024 | prnewswire.com

GreenPower Recognized as Number Two in Clean Tech & Life Sciences by 2024 TSX Venture 50

February 15, 2024 | prnewswire.com

GreenPower Appoints Monarch Truck Center as Dealer in the California Bay Area

February 13, 2024 | finanznachrichten.de

GreenPower Motor Company: GreenPower Announces Revenue of $34.2 million Year-To-Date for Fiscal 2024, a 40% Increase from Previous Year

February 13, 2024 | finance.yahoo.com

GreenPower Secures $5 Million Revolving Loan with EDC to Fund All-Electric Vehicle Production for Customer Orders

February 12, 2024 | finance.yahoo.com

GreenPower Announces Revenue of $34.2 million Year-To-Date for Fiscal 2024, a 40% Increase from Previous Year

February 5, 2024 | finance.yahoo.com

GreenPower Announces Conference Call Covering Results for the Third Quarter of 2024 to be Held on February 13, 2024

January 11, 2024 | finance.yahoo.com

GreenPower Announces Delivery of 10 EV Star Cab and Chassis to Global Retailer in Canada

December 28, 2023 | finance.yahoo.com

4 Top-Ranked Auto Stocks That Crushed the Market in 2023

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/19/2024
Next Earnings (Estimated): 7/12/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Truck & bus bodies
Sub-Industry: N/A
Current Symbol: NASDAQ:GP
CUSIP: N/A
CIK: 1584547
Web: www.greenpowerbus.com
Phone: (604) 563-4144
Fax: N/A
Employees: 112
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.00
High Stock Price Target: $6.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +195.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.63)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-15,040,000.00
Net Margins: -31.47%
Pretax Margin: -31.47%
Return on Equity: -66.07%
Return on Assets: -27.92%

Debt

Debt-to-Equity Ratio: 0.26
Current Ratio: 1.86
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $39.70 million
Price / Sales: 1.06
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.11 per share
Price / Book: 1.52

Miscellaneous

Outstanding Shares: 24,990,000
Free Float: 17,969,000
Market Cap: $42.23 million
Optionable: Not Optionable
Beta: 3.40

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Key Executives

Mr. Fraser Atkinson CPA (Age 66)
CA, Executive Chairman & CEO
Comp: $300.75k
Mr. Brendan Riley (Age 53)
President & Director
Comp: $357.5k
Mr. Michael Sieffert (Age 48)
CFO & Secretary
Comp: $209k
Ms. Yanyan Zhang (Age 52)
Vice President of Program Management
Comp: $149.69k
Mr. Claus Tritt (Age 59)
VP of Medium Duty & Commercial Vehicle Sales
Comp: $49.05k
Mr. Frank Zhang
Corporate Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GP Stock Analysis - Frequently Asked Questions

Should I buy or sell GreenPower Motor stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GreenPower Motor in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GP shares.
View GP analyst ratings or view top-rated stocks.
What is GreenPower Motor's stock price target for 2024?: 4 Wall Street analysts have issued 12-month price objectives for GreenPower Motor's shares. Their GP share price targets range from $3.00 to $6.00. On average, they expect the company's share price to reach $5.00 in the next year. This suggests a possible upside of 184.1% from the stock's current price.
View analysts price targets for GP or view top-rated stocks among Wall Street analysts.
How have GP shares performed in 2024?: GreenPower Motor's stock was trading at $3.13 on January 1st, 2024. Since then, GP stock has decreased by 43.8% and is now trading at $1.76.
View the best growth stocks for 2024 here.
Are investors shorting GreenPower Motor?: GreenPower Motor saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 137,500 shares, a decline of 5.6% from the March 15th total of 145,700 shares. Based on an average trading volume of 48,400 shares, the short-interest ratio is presently 2.8 days. Currently, 0.8% of the company's stock are short sold.
View GreenPower Motor's Short Interest.
When is GreenPower Motor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024.
View our GP earnings forecast.

How were GreenPower Motor's earnings last quarter?: GreenPower Motor Company Inc. (NASDAQ:GP) released its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.14) by $0.05. The company had revenue of $8.16 million for the quarter, compared to the consensus estimate of $12 million. GreenPower Motor had a negative net margin of 31.47% and a negative trailing twelve-month return on equity of 66.07%. During the same quarter in the prior year, the firm earned ($0.14) earnings per share.
What other stocks do shareholders of GreenPower Motor own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GreenPower Motor investors own include Hyliion (HYLN), Activision Blizzard (ATVI), Alpha and Omega Semiconductor (AOSL), Aemetis (AMTX), Advanced Micro Devices (AMD), Aileron Therapeutics (ALRN), AIM ImmunoTech (AIM) and Automatic Data Processing (ADP).
When did GreenPower Motor IPO?: GreenPower Motor (GP) raised $38 million in an initial public offering on Friday, August 28th 2020. The company issued 1,900,000 shares at a price of $20.00 per share. B.Riley FBR and Roth Capital Partners acted as the underwriters for the IPO and ThinkEquity, Maxim Group and PI Financial Corp. were co-managers.
How do I buy shares of GreenPower Motor?: Shares of GP 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:GP) was last updated on 4/19/2024 by MarketBeat.com Staff

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GreenPower Motor (GP) Stock Price, News & Analysis

GreenPower Motor MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About GreenPower Motor Stock (NASDAQ:GP)

GP Stock Price History

GP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

GP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™