Stem (NYSE:STEM – Get Rating) issued its quarterly earnings results on Thursday. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.05), Briefing.com reports. Stem had a negative net margin of 34.18% and a negative return on equity of 22.55%. The business had revenue of $67.00 […]
Stem (NYSE:STEM – Get Rating) posted its earnings results on Thursday. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.24) by ($0.05), Briefing.com reports. Stem had a negative return on equity of 22.55% and a negative net margin of 34.18%. The firm had revenue of $67.00 million during […]
Stem (NYSE:STEM – Get Rating) announced that its board has approved a share repurchase program on Wednesday, May 3rd, RTT News reports. The company plans to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the company to repurchase up to 81.1% of its stock through open market purchases. Stock buyback programs are often […]
Stem, Inc. (NYSE:STEM – Get Rating) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 31,170,000 shares, an increase of 24.9% from the March 31st total of 24,960,000 shares. Based on an average daily volume of 5,290,000 shares, the short-interest ratio is presently […]
BMO Capital Markets started coverage on shares of Stem (NYSE:STEM – Get Rating) in a research report report published on Monday, The Fly reports. The firm issued a market perform rating and a $3.50 price target on the stock. Other equities research analysts have also recently issued research reports about the stock. The Goldman Sachs […]