Polar Power (POLA) Given News Sentiment Rating of 0.06
News headlines about Polar Power (NASDAQ:POLA) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Polar Power earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news coverage about the utilities provider an impact score of 45.0019079935222 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- Future of the Global Solar Wind Hybrid Systems Market – Growth, Latest Trend & Forecast 2022 (newsient.com)
- Five Worth Finding: Last-minute holiday edition (windycitymediagroup.com)
- Smart meters will push some Western Pennsylvania businesses to hourly electric rates (msn.com)
- Affinity, Care Plan hold second annual LGBTQ Care Fair (windycitymediagroup.com)
A number of equities research analysts recently issued reports on POLA shares. Zacks Investment Research upgraded shares of Polar Power from a “sell” rating to a “hold” rating in a research report on Thursday, August 24th. Roth Capital set a $7.00 target price on shares of Polar Power and gave the company a “buy” rating in a research note on Sunday, October 15th. Finally, ValuEngine lowered shares of Polar Power from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th.
Polar Power (NASDAQ:POLA) last announced its quarterly earnings results on Monday, November 6th. The utilities provider reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). The firm had revenue of $3.03 million during the quarter, compared to analyst estimates of $4.65 million. Polar Power had a net margin of 8.59% and a return on equity of 6.40%. The company’s revenue for the quarter was down 59.6% on a year-over-year basis. analysts forecast that Polar Power will post -0.03 EPS for the current fiscal year.
COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/12/20/polar-power-pola-given-news-sentiment-rating-of-0-06.html.
Polar Power Company Profile
Polar Power, Inc is engaged in designing, manufacturing and selling direct current (DC) power systems for applications primarily in the telecommunications, military, electric vehicle charging, cogeneration, distributed power and uninterruptable power supply markets. Within the telecommunications market, the Company’s DC power systems provide DC power to service applications that do not have access to the utility grid (such as off-grid applications) or have critical power needs and cannot be without power in the event of utility grid failure (such as back-up power applications).
Receive News & Ratings for Polar Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Power and related companies with MarketBeat.com's FREE daily email newsletter.