Roth Capital Estimates Beam Global FY2024 Earnings

Beam Global (NASDAQ:BEEM) – Roth Capital issued their FY2024 earnings per share (EPS) estimates for Beam Global in a research report issued on Tuesday, April 1st. Roth Capital analyst C. Irwin expects that the company will post earnings per share of ($0.62) for the year. The consensus estimate for Beam Global’s current full-year earnings is ($0.67) per share. Roth Capital also issued estimates for Beam Global’s Q1 2025 earnings at ($0.16) EPS, Q2 2025 earnings at ($0.13) EPS, Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.02) EPS and FY2025 earnings at ($0.42) EPS.

Beam Global Stock Performance

NASDAQ BEEM opened at $2.07 on Thursday. The stock has a market cap of $30.58 million, a PE ratio of -2.13 and a beta of 1.25. The firm has a 50-day moving average of $2.38 and a 200-day moving average of $3.47. Beam Global has a 52-week low of $1.95 and a 52-week high of $7.68.

Institutional Investors Weigh In On Beam Global

Several hedge funds have recently bought and sold shares of BEEM. XTX Topco Ltd grew its position in shares of Beam Global by 96.3% in the third quarter. XTX Topco Ltd now owns 20,332 shares of the company’s stock valued at $100,000 after purchasing an additional 9,975 shares during the last quarter. Virtue Capital Management LLC acquired a new stake in Beam Global during the 3rd quarter worth approximately $49,000. Dimensional Fund Advisors LP bought a new stake in Beam Global in the 4th quarter valued at $39,000. Green Alpha Advisors LLC boosted its stake in Beam Global by 28.1% in the 4th quarter. Green Alpha Advisors LLC now owns 59,982 shares of the company’s stock valued at $190,000 after purchasing an additional 13,162 shares during the period. Finally, Northern Trust Corp grew its holdings in Beam Global by 51.6% in the 4th quarter. Northern Trust Corp now owns 54,723 shares of the company’s stock valued at $173,000 after buying an additional 18,628 shares in the last quarter. 26.59% of the stock is currently owned by institutional investors and hedge funds.

About Beam Global

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs.