Is It Too Late To Buy UQM Technologies, Inc. (NYSE:UQM)?

UQM Technologies, Inc. (NYSE:UQM) is expected to announce second quarter financial results after market close (confirmed) on December 31, 1969. The company added about 21.7% percent in value since last earnings when it was at $0.69. Based on the most relevant historical data, there is a 55 percent probability for share price to go down following the next earnings report. Looking further into earnings reaction history, the stock had moved down 5 times out of last 9 quarters. It has topped earnings-per-share estimates 16% of the time in its last 12 earnings reports. It missed earnings on 3 occasions, and it has met expectations 4 time.

UQM Technologies, Inc. (UQM) Earnings Reaction History

Overall, the average earnings surprise was -39.59 percent over the past four quarters. Back on May 11, 2017, it posted earnings per share at $-0.03 which topped the consensus $-0.04 projection (Negative surprise of -25.00%). Revenue came in at $1.02M versus consensus estimate of $3.03M. The stock gained 0.00% percent the day following the earnings was released, and on 7th day price change was 4.35% percent.

On March 30, 2017, it posted earnings per share at $-0.03 versus the consensus estimate of $-0.03 (Negative surprise of -0.00%). Revenue of $1.04M was below the $2.49M analysts had expected. The stock dropped -7.69% the day following the earnings was released, and on 7th day price change was -5.77%.

On November 10, 2016, it posted earnings per share at $-0.05, missed the consensus estimate of $-0.03 (Negative surprise of -66.67%). Revenue for the quarter was $1.02M while analysts had expected revenues to come in at $2.04M. The stock gained 9.80% the day following the earnings was released, and on 7th day price change was 0.00%.

On August 04, 2016, it posted earnings per share at $-0.01 compared with the consensus estimate of $-0.03 (Negative surprise of -66.67%). That came on revenues of $1.5M for the quarter. Analysts had expected $2.16M in revenue.

UQM Technologies, Inc. (NYSE:UQM) Earnings Expectations

UQM Technologies, Inc. (UQM) last closed at $0.95, sending the company’s market cap around $48.32M. The consensus 12-month price target from brokerage firms covering the stock is $1.50. The share price has declined 10.16% from its best level in 52 weeks and advanced 120.33% this year. It recently traded in a range of $-$ at a volume of 633,656 shares. The stock ended last trading session with the price nearly 16.96% higher for the last 5 trading days, rebounding 125.57% from its 52-week low.