Stocks in the Alternative Energy - Other Sector - Investors may consider PNM Resources (TXNM) or Fluence Energy, Inc (FLNC) as potential stocks in the Alternative Energy - Other sector [1] - The Zacks Rank and Value category of the Style Scores system are used to identify value stocks, with the Zacks Rank focusing on earnings estimates and revisions, and the Style Scores identifying stocks with specific traits [2] Zacks Rank Comparison - PNM Resources has a Zacks Rank of 2 (Buy), indicating a stronger improvement in its earnings outlook compared to Fluence Energy, Inc, which has a Zacks Rank of 3 (Hold) [3] - Value investors analyze traditional figures and metrics to determine if a company is undervalued at its current share price levels [3] Valuation Metrics - The Value category highlights undervalued companies using key metrics such as P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] - PNM Resources has a forward P/E ratio of 15.84 and a PEG ratio of 6.24, while Fluence Energy, Inc has a forward P/E of 471.21 and a PEG ratio of 8.38 [5] - PNM Resources has a P/B ratio of 1.58, compared to Fluence Energy, Inc's P/B ratio of 7.37 [6] Value Grade Comparison - PNM Resources earns a Value grade of A, while Fluence Energy, Inc has a Value grade of C [6] - PNM Resources stands out in both the Zacks Rank and Style Scores models, making it a better option for value investors currently [6]

SAN DIEGO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Fluence Energy, Inc. (NASDAQ: FLNC) focused on whether Fluence Energy as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in this investigation or if you are a Fluence Energy investor who suffered a loss a ...

onurdongel/E+ via Getty Images Fluence (NASDAQ:FLNC) has experienced a plethora of good news as of late, from strong quarterly results to likely interest rate cuts. As a result, Fluence has seen its r reduct (11:15) 10.5 will state the britanced in the be computy's short-lem mospects look birght, the empanys brances mars our. 15 wall. Por vol. share prices skyrocket ov Fluence has seen its shares skyrocket in recent weeks. VAL 18.35 Fluence Energy Inc (FLNC) Price 16.00 14.00 12.00 Aug 5 Aug 12 Aug 19 Aug 2 ...

SAN DIEGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Fluence Energy, Inc. (NASDAQ: FLNC) (the "Company") or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased Fluence Energy securities? If you purchased secur ...

SAN DIEGO, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Fluence Energy, Inc. (NASDAQ: FLNC) focused on whether Fluence Energy and certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors. If you have information that could assist in this investigation or if you are a Fluence Energy investor who suffered a loss and would like to learn m ...

SAN FRANCISCO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Fluence Energy, Inc. (NASDAQ: FLNC) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys. Visit: www.hbsslaw.com/investor-fraud/flnc Contact the Firm Now: FLNC@hbsslaw.com 844-916-0895 Investigation into Fluence Energy, Inc. (FLNC): Fluence Energy, a leading provider of battery energy storage systems, repo ...

Financial Data and Key Metrics Changes - The company reported $483 million in revenue for Q3 2024, a 20% increase compared to previous expectations, primarily due to completing project milestones ahead of schedule [16] - Adjusted gross margin was 17.5%, marking the fourth consecutive quarter of double-digit gross profit margins, with a year-to-date adjusted gross margin of 12.8% [16][24] - Adjusted EBITDA for the quarter was $15.6 million, indicating a positive trajectory towards profitable growth [5][17] - The company generated $64 million in free cash flow for the first nine months and ended the quarter with $513 million in cash [5][19] Business Line Data and Key Metrics Changes - The company added $1.3 billion in new contracts during the quarter, setting a new quarterly record and bringing the backlog to an all-time high of $4.5 billion [5][24] - Annual recurring revenue for services and digital business reached $80 million, surpassing the target a quarter earlier than expected [5] Market Data and Key Metrics Changes - The U.S. remains the largest market, with nearly half of the $20 billion pipeline located in the Americas, reflecting strong growth prospects [7][12] - The company anticipates the U.S. utility-scale market will add approximately 40 gigawatts in 2025, driven by corporate demand for renewable energy [10][12] - The international market, particularly in the U.K. and Australia, is also showing robust growth, with significant capacity additions expected [14][15] Company Strategy and Development Direction - The company is focused on a domestic content strategy to capitalize on U.S. market opportunities, particularly in light of recent regulatory changes [9][10] - The company aims to achieve sustainable gross margins in the 10% to 15% range, supported by operational efficiencies and cost management [6][22] - The company is on track for initial production of its battery module in late September 2024, which is expected to enhance its competitive position [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver profitable growth and achieve a revenue outlook of 35% to 40% growth for fiscal year 2025 [7][24] - The company is optimistic about the demand for battery storage systems in the U.S., driven by the need for grid stability and renewable energy capacity [10][12] - Management noted that the political environment and industrial policies favor domestic products, which should support the company's business model [10] Other Important Information - The company is cooperating with an SEC investigation regarding certain matters, but does not expect it to materially impact financial conditions [18] - The company has replaced its ABL credit facility with a traditional revolver, enhancing liquidity to over $1 billion [19] Q&A Session All Questions and Answers Question: Geographic breakdown of revenues and margins - Management noted that international markets tend to have more EPC contracts, leading to higher ASPs and margins compared to the U.S. market [26][27] Question: Backlog and U.S. cell requirements - Management indicated increased interest in U.S. cells due to new IRA guidelines and tariffs, but refrained from disclosing specific pricing details [29][30] Question: Updated guidance and project timing - Management confirmed that the guidance for fiscal 2025 remains at 35% to 40% growth, with a focus on delivering projects efficiently [32][33] Question: Domestic cell supply and competition - Management believes there will be enough domestic supply to meet demand, despite varying industry forecasts [65] Question: Pricing environment and competition - Management acknowledged a competitive market but expressed confidence in the company's ability to maintain margins despite potential price declines [61][63]

SAN FRANCISCO, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Fluence Energy, Inc. (NASDAQ: FLNC) investors who suffered substantial losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys. Visit: www.hbsslaw.com/investor-fraud/flnc Contact the Firm Now: FLNC@hbsslaw.com 844-916-0895 Investigation into Fluence Energy, Inc. (FLNC): Fluence Energy is facing increased scrutiny regarding the propriety of its ...

SAN DIEGO, Aug. 9, 2024 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Fluence Energy, Inc. (NASDAQ: FLNC) (the "Company") or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased Fluence Energy securities? If you purchased securities ...

Fluence Energy, Inc. (FLNC) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.20 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post a loss of $0.07 per share when it actually produced a loss of $0.07, delivering no surprise. Over the last four quarters, the company has surpassed con ...