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Ocean Power Technologies (OPTT)

(Real Time Quote from BATS)

$0.19 USD

0.19
15,006

0.00 (0.80%)

Updated Apr 26, 2024 09:52 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 32% (81 out of 252)

Industry: Alternative Energy - Other

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Balance Sheet

Research for OPTT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Ocean Power Technologies, Inc falls in the month of April.

All items in Millions except Per Share data.

4/30/2023 4/30/2022 4/30/2021 4/30/2020 4/30/2019
Assets          
Cash & Equivalents 35 58 83 11 17
Receivables 1 0 0 0 0
Notes Receivable 0 0 0 0 0
Inventories 1 0 0 0 0
Other Current Assets 1 1 1 1 1
Total Current Assets 38 59 84 12 18
Net Property & Equipment 1 0 0 1 1
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 13 13 0 0 0
Deposits & Other Assets 0 0 0 0 0
Total Assets 53 73 86 14 18
Liabilities & Shareholders Equity 4/30/2023 4/30/2022 4/30/2021 4/30/2020 4/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1 1 1 0 0
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 2 1 2 1 2
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 4 1 2 0 0
Total Current Liabilities 8 3 5 2 2
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 1 0 0 0
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9 5 6 3 3
Shareholders Equity 4/30/2023 4/30/2022 4/30/2021 4/30/2020 4/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 324 323 316 231 226
Retained Earnings -280 -254 -235 -220 -210
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 44 69 80 10 16
Total Liabilities & Shareholder's Equity 53 73 86 14 18
Total Common Equity 44 69 80 10 16
Shares Outstanding 56.20 55.80 50.90 8.60 5.40
Book Value Per Share 0.78 1.23 1.58 1.22 2.92

Fiscal Year End for Ocean Power Technologies, Inc falls in the month of April.

All items in Millions except Per Share data.

1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Assets          
Cash & Equivalents 9 19 27 35 41
Receivables 1 1 1 1 1
Notes Receivable 0 0 0 0 0
Inventories 3 3 2 1 1
Other Current Assets 4 2 1 1 2
Total Current Assets 18 24 30 38 45
Net Property & Equipment 2 2 1 1 1
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 12 12 12 13 13
Deposits & Other Assets 0 0 0 0 0
Total Assets 35 40 46 53 59
Liabilities & Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Notes Payable 0 0 0 0 0
Accounts Payable 1 2 1 1 1
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 3 2 2 2 2
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 2 2 2 4 2
Total Current Liabilities 7 7 6 8 5
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 1
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9 8 7 9 6
Shareholders Equity 1/31/2024 10/31/2023 7/31/2023 4/30/2023 1/31/2023
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 326 326 326 324 324
Retained Earnings -301 -294 -287 -280 -271
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 25 32 39 44 53
Total Liabilities & Shareholder's Equity 35 40 46 53 59
Total Common Equity 25 32 39 44 53
Shares Outstanding 58.70 58.70 58.70 56.20 55.90
Book Value Per Share 0.43 0.54 0.66 0.78 0.95