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Proterra Inc Stock Research

PTRA

1.45USD-0.08(-5.23%)Market Closed

Market Summary

USD1.45-0.08
Market Closed
-5.23%

PTRA Stock Price

PTRA RSI Chart

PTRA Valuation

Market Cap

376.6M

Price/Earnings (Trailing)

-1.86

Price/Sales (Trailing)

1.26

EV/EBITDA

-1.78

Price/Free Cashflow

-1.24

PTRA Price/Sales (Trailing)

PTRA Profitability

Operating Margin

18.47%

EBT Margin

-67.86%

Return on Equity

-34.34%

Return on Assets

-22.84%

Free Cashflow Yield

-80.7%

PTRA Fundamentals

PTRA Revenue

Revenue (TTM)

297.8M

Revenue Y/Y

55.35%

Revenue Q/Q

29.05%

PTRA Earnings

Earnings (TTM)

-202.1M

Earnings Y/Y

-279.13%

Earnings Q/Q

-55.57%

Price Action

52 Week Range

1.078.02
(Low)(High)

Last 7 days

9.9%

Last 30 days

-64.9%

Last 90 days

-59.6%

Trailing 12 Months

-79.5%

PTRA Financial Health

Current Ratio

6.32

Debt/Equity

0.19

Debt/Cashflow

-2.26

PTRA Investor Care

Shares Dilution (1Y)

6.35%

Diluted EPS (TTM)

-1.03

Peers (Alternatives to Proterra)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.5T
387.5B
7.89% -9.00%
26.35
6.47
2.44% -5.35%
2.1T
204.1B
10.90% -8.33%
30.51
10.08
10.38% -5.25%
1.3T
282.8B
15.34% -27.18%
22.08
4.68
9.78% -21.12%
1.0T
514.0B
4.86% -40.50%
-368.89
1.95
9.40% -108.16%
MID-CAP
3.4B
258.4M
-7.02% -24.34%
-11.46
13.24
24.91% -254.56%
2.2B
9.2B
-16.32% -53.16%
-6.16
0.24
51.67% -98.90%
SMALL-CAP
1.7B
1.7B
-10.56% -16.75%
14.09
1
61.79% 371.82%
1.6B
602.5M
-7.75% -62.41%
-2.78
2.67
18.18% -18.59%
1.0B
418.9M
-15.70% -67.27%
-2.77
2.42
-9.85% -101.06%
986.5M
482.4M
-10.53% -34.93%
-4.26
2.04
33.15% -170.42%
913.9M
478.9M
-19.31% -78.37%
-0.29
1.91
-31.50% -634.70%
774.5M
50.8M
-31.98% -85.06%
-0.99
15.24
1229.98% -13.59%
754.2M
1.1B
-5.84% -42.17%
26.14
0.69
-5.82% -92.23%
227.8M
10.3M
-28.62% -74.83%
-0.81
22.2
478.23% 7.85%

Financials for Proterra

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue13.0%297,779,000263,497,000247,435,000242,860,000228,596,000
Gross Profit-152.7%-6,519,000-2,580,000-1,822,0002,052,0005,957,000
Operating Expenses15.5%181,560,000157,260,000141,710,000129,681,000121,833,000
  S&GA Expenses16.3%124,160,000106,729,00095,768,00085,841,00046,419,873
  R&D Expenses13.6%57,400,00050,531,00045,942,00043,840,00041,411,000
EBITDA-129.1%-178,042,000-77,710,000-433,770,162--
EBITDA Margin-102.7%-0.60-0.29-78.94--
Earnings Before Taxes-100.7%-202,082,000-100,700,000-247,906,000-249,990,000-237,469,000
EBT Margin-77.6%-0.68-0.38-80.52--
Interest Expenses24.8%10,451,0008,376,0008,462,0009,074,0008,690,000
Net Income-100.7%-202,098,000-100,716,000-247,922,000-250,006,000-191,715,942
Net Income Margin-77.6%-0.68-0.38-80.52--
Free Cahsflow-25.7%-303,952,000-241,765,000-35,246,239--
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-3.5%885917937982986
  Current Assets-8.6%720788835886915
    Cash Equivalents13.1%60.0053.0047.00170293
  Inventory10.6%165149128115103
  Net PPE-8.0%1.001.001.00--
Liabilities9.7%296270262262280
  Current Liabilities18.5%11496.0089.0092.0090.00
  Long Term Debt-4.0%111116111106-
    LT Debt, Non Current5.0%11711111611196.00
Shareholder's Equity-9.0%588646675720706
  Retained Earnings-6.8%-1,015-950-908-858-813
  Additional Paid-In Capital0.4%1,6061,5991,5851,5791,519
Accumulated Depreciation20.9%0.000.000.00--
Shares Outstanding0.2%226225223222212
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-28.3%-251-196-162-126-72.78
  Share Based Compensation11.5%21.0019.0018.0016.0014.00
Cashflow From Investing104.9%19.00-393-455-447-391
Cashflow From Financing62.6%12.007.00632632633

Risks for PTRA

What is the probability of a big loss on PTRA?

89.4%


Probability that Proterra stock will be more than 20% underwater in next one year

88.6%


Probability that Proterra stock will be more than 30% underwater in next one year.

83.7%


Probability that Proterra stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PTRA drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Proterra was unfortunately bought at previous high price.

Drawdowns

Returns for PTRA

Cumulative Returns on PTRA

Which funds bought or sold PTRA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
ETF MANAGERS GROUP, LLC
added
3.78
-97,524
356,476
0.02%
2023-03-23
MetLife Investment Management, LLC
unchanged
-
-142,733
444,713
-%
2023-03-10
BAILLIE GIFFORD & CO
added
2.52
-13,229
46,771
-%
2023-03-08
SHEETS SMITH WEALTH MANAGEMENT
unchanged
-
-29,881
93,119
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-5.06
-232,000
591,000
-%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
added
20.00
-476
4,524
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
-103,227
321,773
-%
2023-02-16
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main
sold off
-100
-439,000
-
-%
2023-02-16
GHP Investment Advisors, Inc.
unchanged
-
-1,230
3,770
-%
2023-02-15
LAZARD ASSET MANAGEMENT LLC
unchanged
-
-250,000
780,000
-%

1–10 of 47

Latest Funds Activity

Are funds buying PTRA calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own PTRA
No. of Funds

Proterra News

Investing.com UK

Why Alibaba Shares Are Trading Higher By Over 8%? Here Are ....

Investing.com UK,
2 hours ago

The Wall Street Journal

Beer, Wings, Sports and Plaintiff Attorneys - WSJ.

The Wall Street Journal,
5 days ago

Penny Stocks

The Motley Fool

Why Proterra Stock Is Plunging Today.

The Motley Fool,
12 days ago

Schedule 13G FIlings of Proterra

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
8.33%
18,794,569
SC 13G
Feb 03, 2023
blackrock inc.
6.7%
15,159,893
SC 13G
Feb 01, 2023
franklin resources inc
13.6%
30,690,894
SC 13G/A

PTRA Fair Value

Proterra fair value in different scenarios

The table shows the Fair Value estimates for Proterra for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

0.76

-47.59%

0.98

-32.41%

1.39

-4.14%

1.92

32.41%

2.46

69.66%
Current Inflation

0.75

-48.28%

0.94

-35.17%

1.31

-9.66%

1.77

22.07%

2.24

54.48%
Very High Inflation

0.74

-48.97%

0.90

-37.93%

1.21

-16.55%

1.59

9.66%

1.97

35.86%

Historical Proterra Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Proterra

View All Filings
Date Filed Form Type Document
Mar 24, 2023
8-K
Current Report
Mar 20, 2023
8-K
Current Report
Mar 17, 2023
10-K
Annual Report
Mar 15, 2023
8-K
Current Report
Mar 13, 2023
8-K
Current Report
Mar 02, 2023
NT 10-K
NT 10-K
Feb 24, 2023
8-K
Current Report
Feb 14, 2023
8-K
Current Report
Feb 10, 2023
SC 13G/A
Major Ownership Report
Feb 09, 2023
SC 13G
Major Ownership Report

Latest Insider Trading transactions for PTRA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-26
Padilla Karina F
sold
-46,637
4.8713
-9,574
chief financial officer
2023-01-23
Joyce Gareth T
sold
-112,918
5.011
-22,534
ceo and president
2022-11-14
Covington JoAnn
sold
-393,765
7.508
-52,446
chief legal officer, secy
2022-11-14
Covington JoAnn
acquired
114,332
2.18
52,446
chief legal officer, secy
2022-09-02
Covington JoAnn
sold
-21,266
6.09
-3,492
chief legal officer, secy
2022-08-26
Joyce Gareth T
sold
-21,205
6.24611
-3,395
ceo and president
2022-08-25
Hauser Jan
acquired
-
-
41,946
-
2022-05-26
Bailey Christopher L
sold
-22,640
6.0438
-3,746
president, powered & energy
2022-05-25
Soell Julian R
acquired
-
-
212,745
president, proterra transit
2022-03-14
Joyce Gareth T
acquired
100,141
4.78
20,950
ceo and president

1–10 of 50

Gareth T. Joyce
870
Proterra Inc. provides commercial vehicles in the United States, the European Union, Canada, Australia, and Japan. It operates through Proterra Powered and Energy and Proterra Transit business units. The Proterra Powered and Energy business unit designs, develops, manufactures, sells, and integrates battery systems and electrification solutions into vehicles for commercial vehicle OEM customers serving delivery trucks, school buses, coach buses, construction and mining equipment, and other applications. It also provides turnkey fleet-scale, high-power charging solutions and software services, ranging from fleet and energy management software-as-a-service to fleet planning, hardware, infrastructure, installation, utility engagement, and charging optimization. The Proterra Transit business unit designs, develops, manufactures, and sells electric transit buses as an OEM for North American public transit agencies, airports, universities, and other commercial transit fleets. Proterra Inc. was incorporated in 2004 and is headquartered in Burlingame, California.

PTRA Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenue$ 309,364$ 242,860$ 196,943
Cost of goods sold333,355240,808189,404
Gross profit (loss)(23,991)2,0527,539
Research and development63,65043,84036,233
Selling, general and administrative133,21485,84167,139
Asset impairment charge00121
Total operating expenses196,864129,681103,493
Loss from operations(220,855)(127,629)(95,954)
Interest expense, net28,58850,98215,413
Gain on debt extinguishment(10,201)00
Loss on valuation of derivative and warrant liabilities070,17712,989
Other expense (income), net(1,292)1,2022,629
Loss before income taxes(237,950)(249,990)(126,985)
Provision for income taxes01622
Net loss$ (237,950)$ (250,006)$ (127,007)
Net loss per share of common stock:   
Basic (in dollars per share)$ (1.06)$ (2.07)$ (28.96)
Diluted (in dollars per share)$ (1.08)$ (2.07)$ (28.96)
Weighted average shares used in per share computation:   
Basic (in shares)224,301120,8864,385
Diluted (in shares)249,156120,8864,385
Product   
Revenue$ 288,400$ 232,450$ 190,411
Cost of goods sold311,884229,142181,987
Parts and other service   
Revenue20,96410,4106,532
Cost of goods sold$ 21,471$ 11,666$ 7,417

PTRA Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets  
Cash and cash equivalents$ 73,695$ 170,039
Accounts receivable, net130,33781,644
Short-term investments224,359490,967
Inventory169,567114,556
Prepaid expenses and other current assets50,89315,300
Deferred cost of goods sold4,3041,816
Restricted cash, current12,56512,105
Total current assets665,720886,427
Property, plant, and equipment, net107,55262,246
Operating lease right-of-use assets20,27424,282
Restricted cash, non-current0460
Long-term inventory prepayment10,0000
Other assets36,9138,472
Total assets840,459981,887
Current liabilities  
Accounts payable57,82253,404
Accrued liabilities33,55120,634
Deferred revenue, current30,01713,821
Operating lease liabilities, current6,8764,084
Debt, current122,6920
Total current liabilities250,95891,943
Debt, non-current0110,999
Deferred revenue, non-current37,38122,585
Operating lease liabilities, non-current18,09820,963
Other long-term liabilities17,16415,245
Total liabilities323,601261,735
Commitments and contingencies (Note 8)
Stockholders’ equity:  
Common stock, $0.0001 par value; 500,000 shares authorized; and 226,265 shares and 221,960 shares issued and outstanding as of December 31, 2022 and 2021, respectively2222
Preferred stock, $0.0001 par value; 10,000 shares authorized and zero shares issued and outstanding as of December 31, 2022 and 202100
Additional paid-in capital1,613,5561,578,943
Accumulated deficit(1,096,175)(858,225)
Accumulated other comprehensive loss(545)(588)
Total stockholders’ equity516,858720,152
Total liabilities and stockholders’ equity$ 840,459$ 981,887