Ocean Power Technologies Inc (OPTT)

$0.15

Market is closed - opens 7 PM, 11 Oct 2024

Performance

  • $0.15
    $0.15
    $0.15
    downward going graph

    1.67%

    Downside

    Day's Volatility :4.41%

    Upside

    2.79%

    downward going graph
  • $0.12
    $0.57
    $0.15
    downward going graph

    20.0%

    Downside

    52 Weeks Volatility :78.92%

    Upside

    73.65%

    downward going graph

Returns

PeriodOcean Power Technologies IncIndex (Russel 2000)
3 Months
-61.55%
0.0%
6 Months
-37.93%
0.0%
1 Year
-61.12%
0.0%
3 Years
-92.46%
-20.8%

Highlights

Market Capitalization
14.6M
Book Value
$0.23
Earnings Per Share (EPS)
-0.4
PEG Ratio
0.0
Wall Street Target Price
6.0
Profit Margin
0.0%
Operating Margin TTM
-343.81%
Return On Assets TTM
-44.14%
Return On Equity TTM
-81.8%
Revenue TTM
5.6M
Revenue Per Share TTM
0.09
Quarterly Revenue Growth YOY
2.3%
Gross Profit TTM
-101.0K
EBITDA
-25.7M
Diluted Eps TTM
-0.4
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
0.0
EPS Estimate Next Year
0.0
EPS Estimate Current Quarter
0.0
EPS Estimate Next Quarter
0.0

Analyst Recommendation

Analyst Forecast

What analysts predicted

Upside of 3900.0%

Current $0.15
Target $6.00

Company Financials

FY19Y/Y Change
Revenue
632.0K
↑ 23.68%
Net Income
-12.2M
↑ 20.57%
Net Profit Margin
-1.9K%
↑ 50.01%
FY20Y/Y Change
Revenue
1.7M
↑ 166.14%
Net Income
-10.4M
↓ 15.47%
Net Profit Margin
-615.46%
↑ 1322.2%
FY21Y/Y Change
Revenue
1.2M
↓ 28.3%
Net Income
-15.8M
↑ 53.06%
Net Profit Margin
-1.3K%
↓ 698.39%
FY22Y/Y Change
Revenue
1.8M
↑ 45.85%
Net Income
-18.9M
↑ 19.12%
Net Profit Margin
-1.1K%
↑ 240.85%
FY23Y/Y Change
Revenue
2.7M
↑ 55.32%
Net Income
-26.3M
↑ 39.48%
Net Profit Margin
-963.62%
↑ 109.38%
FY24Y/Y Change
Revenue
5.5M
↑ 102.23%
Net Income
-27.5M
↑ 4.39%
Net Profit Margin
-497.43%
↑ 466.19%
Q2 FY23Q/Q Change
Revenue
980.0K
↑ 33.51%
Net Income
-9.2M
↑ 50.97%
Net Profit Margin
-938.16%
↓ 108.46%
Q3 FY23Q/Q Change
Revenue
1.3M
↑ 29.8%
Net Income
-7.0M
↓ 23.44%
Net Profit Margin
-553.38%
↑ 384.78%
Q4 FY23Q/Q Change
Revenue
889.0K
↓ 30.11%
Net Income
-7.2M
↑ 2.47%
Net Profit Margin
-811.36%
↓ 257.98%
Q1 FY24Q/Q Change
Revenue
1.8M
↑ 101.57%
Net Income
-6.5M
↓ 9.76%
Net Profit Margin
-363.23%
↑ 448.13%
Q2 FY24Q/Q Change
Revenue
1.6M
↓ 12.28%
Net Income
-6.7M
↑ 3.27%
Net Profit Margin
-427.61%
↓ 64.38%
Q3 FY24Q/Q Change
Revenue
1.3M
↓ 17.24%
Net Income
-4.5M
↓ 33.75%
Net Profit Margin
-342.28%
↑ 85.33%
FY19Y/Y Change
Total Assets
18.4M
↑ 30.06%
Total Liabilities
2.6M
↓ 33.31%
FY20Y/Y Change
Total Assets
13.5M
↓ 26.29%
Total Liabilities
3.0M
↑ 17.52%
FY21Y/Y Change
Total Assets
86.4M
↑ 538.03%
Total Liabilities
5.9M
↑ 94.06%
FY22Y/Y Change
Total Assets
73.4M
↓ 15.03%
Total Liabilities
4.6M
↓ 22.8%
FY23Y/Y Change
Total Assets
53.4M
↓ 27.28%
Total Liabilities
9.4M
↑ 106.51%
FY24Y/Y Change
Total Assets
28.7M
↓ 46.22%
Total Liabilities
9.4M
↓ 0.65%
Q2 FY23Q/Q Change
Total Assets
53.4M
↓ 9.6%
Total Liabilities
9.4M
↑ 54.42%
Q3 FY23Q/Q Change
Total Assets
45.7M
↓ 14.42%
Total Liabilities
7.1M
↓ 24.47%
Q4 FY23Q/Q Change
Total Assets
39.6M
↓ 13.26%
Total Liabilities
8.0M
↑ 12.02%
Q1 FY24Q/Q Change
Total Assets
34.6M
↓ 12.77%
Total Liabilities
9.3M
↑ 16.71%
Q2 FY24Q/Q Change
Total Assets
28.7M
↓ 16.95%
Total Liabilities
9.4M
↑ 0.61%
Q3 FY24Q/Q Change
Total Assets
29.2M
↑ 1.65%
Total Liabilities
6.9M
↓ 26.61%
FY19Y/Y Change
Operating Cash Flow
-12.1M
↑ 13.5%
Investing Cash Flow
-29.0K
↓ 95.59%
Financing Cash Flow
17.2M
↑ 17.84%
FY20Y/Y Change
Operating Cash Flow
-10.6M
↓ 12.86%
Investing Cash Flow
-65.0K
↑ 124.14%
Financing Cash Flow
4.4M
↓ 74.12%
FY21Y/Y Change
Operating Cash Flow
-11.7M
↑ 10.35%
Investing Cash Flow
74.0K
↓ 213.85%
Financing Cash Flow
84.2M
↑ 1792.74%
FY22Y/Y Change
Operating Cash Flow
-21.3M
↑ 82.42%
Investing Cash Flow
-54.0M
↓ 73114.86%
Financing Cash Flow
87.0K
↓ 99.9%
FY23Y/Y Change
Operating Cash Flow
-21.7M
↑ 1.93%
Investing Cash Flow
20.5M
↓ 137.87%
Financing Cash Flow
-14.0K
↓ 116.09%
Q2 FY23Q/Q Change
Operating Cash Flow
-5.6M
↑ 10.42%
Investing Cash Flow
5.0M
↓ 13.27%
Financing Cash Flow
283.0K
↓ 2121.43%
Q3 FY23Q/Q Change
Operating Cash Flow
-8.0M
↑ 42.22%
Investing Cash Flow
5.0M
↑ 0.0%
Financing Cash Flow
-2.0K
↓ 100.71%

Technicals Summary

Sell

Neutral

Buy

Ocean Power Technologies Inc is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Ocean Power Technologies Inc
Ocean Power Technologies Inc
-16.28%
-37.93%
-61.12%
-92.46%
-90.75%
Emerson Electric Co.
Emerson Electric Co.
11.89%
-2.81%
15.06%
17.73%
70.45%
Illinois Tool Works Inc.
Illinois Tool Works Inc.
4.2%
-0.51%
9.79%
20.62%
72.1%
Parker-hannifin Corporation
Parker-hannifin Corporation
8.9%
13.94%
59.29%
120.15%
270.59%
Cummins Inc.
Cummins Inc.
12.81%
10.17%
45.31%
43.28%
112.07%
Eaton Corporation Plc
Eaton Corporation Plc
17.33%
7.6%
58.62%
121.72%
330.34%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Ocean Power Technologies Inc
Ocean Power Technologies Inc
NA
NA
0.0
0.0
-0.82
-0.44
NA
0.23
Emerson Electric Co.
Emerson Electric Co.
37.46
37.46
2.3
5.48
0.06
0.04
0.02
36.36
Illinois Tool Works Inc.
Illinois Tool Works Inc.
25.32
25.32
2.93
10.31
1.01
0.17
0.02
9.97
Parker-hannifin Corporation
Parker-hannifin Corporation
28.99
28.99
2.95
24.84
0.25
0.08
0.01
93.87
Cummins Inc.
Cummins Inc.
23.87
23.87
0.71
19.76
0.19
0.07
0.02
69.69
Eaton Corporation Plc
Eaton Corporation Plc
37.17
37.17
2.56
10.66
0.2
0.07
0.01
48.28
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Ocean Power Technologies Inc
Ocean Power Technologies Inc
NA
$14.6M
-90.75%
NA
0.0%
Emerson Electric Co.
Emerson Electric Co.
Buy
$63.4B
70.45%
37.46
10.12%
Illinois Tool Works Inc.
Illinois Tool Works Inc.
Hold
$76.6B
72.1%
25.32
19.15%
Parker-hannifin Corporation
Parker-hannifin Corporation
Buy
$81.4B
270.59%
28.99
14.27%
Cummins Inc.
Cummins Inc.
Hold
$45.6B
112.07%
23.87
5.69%
Eaton Corporation Plc
Eaton Corporation Plc
Buy
$134.7B
330.34%
37.17
15.12%

Insights on Ocean Power Technologies Inc

  • Decreasing Revenue

    Revenue is down for the last 3 quarters, 1.79M → 1.30M (in $), with an average decrease of 14.8% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -6.72M → -4.45M (in $), with an average increase of 51.0% per quarter

  • Vs PH

    In the last 1 year, Parker-hannifin Corporation has given 59.3% return, outperforming this stock by 120.4%

  • Vs ETN

    In the last 3 years, Eaton Corporation Plc has given 117.5% return, outperforming this stock by 210.1%

Institutional Holdings

  • Vanguard Group Inc

    1.84%

  • BlackRock Inc

    0.60%

  • Geode Capital Management, LLC

    0.50%

  • HRT FINANCIAL LLC

    0.22%

  • State Street Corp

    0.21%

  • JANE STREET GROUP, LLC

    0.17%

Company Information

ocean power technologies (nasdaq:optt) is a pioneer in renewable wave-energy technology that converts ocean wave energy into electricity. opt specializes in advanced autonomous (not grid connected), cost-effective, and environmentally sound ocean wave based power generation and management technology. the powerbuoy system integrates patented technologies in hydrodynamics, electronics, energy conversion, and computer control systems to extract the natural energy in ocean waves. the result is a leading edge, ocean-tested, proprietary autonomous system that turns wave power into reliable, clean, and environmentally beneficial electricity for offshore applications. wave power is abundant in all areas of the world and its harnessing offers a dependable clean source of renewable and cost effective energy. opt’s powerbuoy converts such energy to provide persistent and reliable power generation for marine applications. current solutions for applications that require persistent, long-term operat

Organization
Ocean Power Technologies Inc
Employees
43
CEO
Dr. Philipp Stratmann
Industry
Electrical Products

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