Ocean Power Technologies, Inc. (OPTT): Price and Financial Metrics
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OPTT POWR Grades
- Stability is the dimension where OPTT ranks best; there it ranks ahead of 36.97% of US stocks.
- The strongest trend for OPTT is in Stability, which has been heading up over the past 70 days.
- OPTT ranks lowest in Value; there it ranks in the 3rd percentile.
OPTT Stock Summary
- Of note is the ratio of OCEAN POWER TECHNOLOGIES INC's sales and general administrative expense to its total operating expenses; 99.47% of US stocks have a lower such ratio.
- For OPTT, its debt to operating expenses ratio is greater than that reported by just 6.99% of US equities we're observing.
- OPTT's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of just 8.05% of US stocks.
- If you're looking for stocks that are quantitatively similar to OCEAN POWER TECHNOLOGIES INC, a group of peers worth examining would be MOXC, TRS, GOOS, TWIN, and AMWD.
- OPTT's SEC filings can be seen here. And to visit OCEAN POWER TECHNOLOGIES INC's official web site, go to www.oceanpowertechnologies.com.
OPTT Valuation Summary
- In comparison to the median Industrials stock, OPTT's price/sales ratio is 583.33% higher, now standing at 12.3.
- OPTT's price/earnings ratio has moved up 24.2 over the prior 194 months.
Below are key valuation metrics over time for OPTT.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| OPTT | 2023-03-17 | 12.3 | 0.6 | -1.4 | -0.9 |
| OPTT | 2023-03-16 | 12.3 | 0.6 | -1.4 | -0.9 |
| OPTT | 2023-03-15 | 12.2 | 0.6 | -1.4 | -0.8 |
| OPTT | 2023-03-14 | 12.3 | 0.6 | -1.4 | -0.9 |
| OPTT | 2023-03-13 | 12.2 | 0.6 | -1.4 | -0.8 |
| OPTT | 2023-03-10 | 13.6 | 0.5 | -1.4 | -0.9 |
OPTT Growth Metrics
- Its 5 year net cashflow from operations growth rate is now at -5.39%.
- Its 3 year net cashflow from operations growth rate is now at -75.42%.
- The 5 year revenue growth rate now stands at 99.53%.
The table below shows OPTT's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 2.257 | -21.922 | -21.32 |
| 2022-06-30 | 2.201 | -21.101 | -21.647 |
| 2022-03-31 | 1.759 | -21.296 | -18.874 |
| 2021-12-31 | 1.605 | -18.936 | -18.921 |
| 2021-09-30 | 1.438 | -16.367 | -16.601 |
| 2021-06-30 | 1.309 | -14.224 | -14.454 |
OPTT's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- OPTT has a Quality Grade of F, ranking ahead of 2.61% of graded US stocks.
- OPTT's asset turnover comes in at 0.019 -- ranking 103rd of 105 Utilities stocks.
- WTRG, TRGP, and ENBL are the stocks whose asset turnover ratios are most correlated with OPTT.
The table below shows OPTT's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-07-31 | 0.019 | -0.809 | -12.960 |
| 2021-04-30 | 0.024 | -0.890 | -10.616 |
| 2021-01-31 | 0.036 | -0.472 | -6.030 |
| 2020-10-31 | 0.104 | -0.077 | -5.845 |
| 2020-07-31 | 0.116 | -0.064 | -5.760 |
| 2020-04-30 | 0.115 | -0.062 | -5.486 |
OPTT Stock Price Chart Interactive Chart >
OPTT Price/Volume Stats
| Current price | $0.53 | 52-week high | $1.55 |
| Prev. close | $0.51 | 52-week low | $0.44 |
| Day low | $0.51 | Volume | 51,500 |
| Day high | $0.53 | Avg. volume | 193,610 |
| 50-day MA | $0.61 | Dividend yield | N/A |
| 200-day MA | $0.74 | Market Cap | 29.56M |
Ocean Power Technologies, Inc. (OPTT) Company Bio
Ocean Power Technologies, Inc. manufactures equipment that generates electricity from the motion of ocean waves. The Company develops wave energy technology and converts ocean waves energy into electricity. Ocean Power Technologies serves customers worldwide.
Latest OPTT News From Around the Web
Below are the latest news stories about OCEAN POWER TECHNOLOGIES INC that investors may wish to consider to help them evaluate OPTT as an investment opportunity.
Ocean Power Technologies, Inc. (OPTT) Q3 2023 Earnings Call TranscriptOcean Power Technologies, Inc. (OPTT) Q3 2023 Earnings Conference Call March 14, 2023 09:00 A.M. ET Company Participants Joseph DiPietro - Corporate Controller and Treasurer Philipp Stratmann - President and CEO Robert P. Powers - SVP and CFO Conference Call Participants Shawn Severson - Water Tower Research Presentation Operator Good morning and welcome to the Ocean Power Technologies Third Quarter Fiscal 2023 Earnings Conference Call. A webcast of this call is also available on the company's website at www.oceanpowertechnologies.com. This conference call is being recorded and will be available for replay shortly after its completion. On the call toda... |
Ocean Power Technologies, Inc. Announces Third Quarter Fiscal 2023 ResultsResults include Third Quarter Revenue Growth of 51.7%MONROE TOWNSHIP, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced financial results for its fiscal third quarter ended January 31, 2023 (“Q323”), including year-to-date revenue growth of over 74.7% and total order growth of 111%. Highlights from the third quarter and recent activity include: Total orders for the Q323 were $0.8 million, as compared to $0.7 mi |
Ocean Power Technologies to Report 2023 Third Quarter Results on March 13, 2023MONROE TOWNSHIP, N.J., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that it will report its fiscal 2023 third quarter for the period ended January 31, 2023 results after the market closes on Monday, March 13, 2023. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT’s financial results will be held |
3 Sorry Energy Stocks to Sell in February Before It’s Too LateThese are the energy stocks to sell as they represent companies that have weak fundamentals as compared to peers in the industry. |
OPT to Participate in Third Installment of Fireside Chat Series with Water Tower Research on January 26, 2023Ocean Power Technologies to Discuss Latest Developments in Autonomous Systems and their Applications in Safeguarding Ocean Resources and Maritime SecurityMONROE TOWNSHIP, N.J., Jan. 20, 2023 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), a leader in innovative and cost-effective low-carbon marine power, data, and service solutions, today announced that as part of the Company’s ongoing commitment to connecting with the investor community, it wil |
OPTT Price Returns
| 1-mo | -5.36% |
| 3-mo | 17.75% |
| 6-mo | -35.37% |
| 1-year | -62.41% |
| 3-year | 44.45% |
| 5-year | -97.52% |
| YTD | 17.75% |
| 2022 | -69.59% |
| 2021 | -44.98% |
| 2020 | 209.20% |
| 2019 | -87.21% |
| 2018 | -69.09% |
Continue Researching OPTT
Here are a few links from around the web to help you further your research on Ocean Power Technologies Inc's stock as an investment opportunity:Ocean Power Technologies Inc (OPTT) Stock Price | Nasdaq
Ocean Power Technologies Inc (OPTT) Stock Quote, History and News - Yahoo Finance
Ocean Power Technologies Inc (OPTT) Stock Price and Basic Information | MarketWatch
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