Proterra (NASDAQ:PTRA – Get Rating) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, May 4th. Analysts expect the company to announce earnings of ($0.16) per share for the quarter. Proterra has set its FY 2022 guidance at EPS.
Proterra (NASDAQ:PTRA – Get Rating) last issued its earnings results on Tuesday, March 1st. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.27). The business had revenue of $68.41 million for the quarter. On average, analysts expect Proterra to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NASDAQ PTRA opened at $6.39 on Wednesday. The company has a current ratio of 9.64, a quick ratio of 8.40 and a debt-to-equity ratio of 0.15. The stock has a 50-day simple moving average of $7.43. Proterra has a 52-week low of $6.30 and a 52-week high of $20.12.
PTRA has been the topic of a number of recent research reports. Citigroup cut their target price on shares of Proterra from $15.00 to $10.00 in a report on Monday, January 24th. Morgan Stanley cut their target price on shares of Proterra from $11.00 to $10.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 5th. Barclays dropped their price target on shares of Proterra from $11.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 10th. Finally, Zacks Investment Research upgraded shares of Proterra from a “sell” rating to a “hold” rating in a research note on Friday, March 25th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, Proterra has a consensus rating of “Hold” and an average price target of $10.80.
About Proterra (Get Rating)
Proterra Inc provides commercial vehicles in the United States, the European Union, Canada, Australia, and Japan. It operates through Proterra Powered and Energy and Proterra Transit business units. The Proterra Powered and Energy business unit designs, develops, manufactures, sells, and integrates battery systems and electrification solutions into vehicles for commercial vehicle OEM customers serving delivery trucks, school buses, coach buses, construction and mining equipment, and other applications.
- Get a free copy of the StockNews.com research report on Proterra (PTRA)
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