Shares of Utilities - Renewable company Fluence Energy jumped 6.6% today. With many investors piling into FLNC without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:
-
Fluence Energy has moved 12.3% over the last year, and the S&P 500 logged a change of 30.5%
-
FLNC has an average analyst rating of buy and is -19.02% away from its mean target price of $27.88 per share
-
Its trailing earnings per share (EPS) is $-0.17
-
Fluence Energy has a trailing 12 month Price to Earnings (P/E) ratio of -132.8 while the S&P 500 average is 29.3
-
Its forward earnings per share (EPS) is $0.65 and its forward P/E ratio is 34.7
-
The company has a Price to Book (P/B) ratio of 6.91 in contrast to the S&P 500's average ratio of 4.74
-
Fluence Energy is part of the Utilities sector, which has an average P/E ratio of 20.52 and an average P/B of 2.2
-
The company has a free cash flow of $95.89 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
-
Fluence Energy, Inc., through its subsidiaries, offers energy storage products and solution, services, and artificial intelligence enabled software-as-a-service products for renewables and storage applications in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company sells energy storage products with integrated hardware, software, and digital intelligence. Its energy storage products include Gridstack Pro, a large-scale front-of-the-meter application; Gridstack, a front-of-the-meter application; Sunstack, a DC-coupled energy storage product for DC-coupled solar + storage projects; Edgestack, for smaller-scale commercial and industrial use cases; and Ultrastack, for critical system requirements of distribution and transmission networks. The company also provides engineering and delivery services to support the deployment of its storage products; operational and maintenance services; and digital applications. It serves independent power producers, developer, utilities, and other generators. Fluence Energy, Inc. was founded in 2018 and is headquartered in Arlington, Virginia. Fluence Energy, Inc. is a joint venture of Siemens Aktiengesellschaft and The AES Corporation.