Shares of Bloom Energy (BE, Financial) experienced an increase of 8.04%. This significant movement occurred following Conagra's announcement to collaborate with Bloom Energy, implementing its fuel cell technology at manufacturing sites in Ohio.
Bloom Energy Corp (BE, Financial), a company engaged in the manufacture of solid-oxide fuel cell systems for on-site power generation, is currently trading at a price of $21.24. Despite the positive movement today, the stock has shown volatility, with a price change of 1.58%. The company's market capitalization stands at $4.89 billion.
The valuation metrics of Bloom Energy highlight some areas of concern. The GF Value places the stock as "Modestly Overvalued," with a GF Value estimate of $20.29. For more details, refer to the GF Value page. The PB ratio stands at 8.63, which is comparatively high, indicating that investors are paying more for the company's book value. Additionally, Bloom Energy's total revenue growth over three years is notable at 14.9%.
Despite today's positive movement, multiple warning signs are flagged for Bloom Energy, including a severe Altman Z-Score of 0.54, indicating financial distress. The company's Days Sales Outstanding and Days Inventory are also showing potential challenges in collections and inventory turnover. Moreover, the return on invested capital (ROIC) is less than the weighted average cost of capital (WACC), pointing to potential inefficiencies.
Bloom Energy (BE, Financial) displays a positive Beneish M-Score, suggesting the company is unlikely to be an accounting manipulator. However, the net margins remain negative at -1.98%, reflecting ongoing profitability challenges. Investors should weigh these factors against the potential benefits of the new partnership with Conagra.
