iPower (IPW)
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IPower Inc. (IPW) Rises But Trails Market: What Investors Should Know
ZACKS· 2024-10-08 22:55
Group 1 - iPower Inc. (IPW) stock closed at $1.64, with a 0.31% increase from the previous trading day, underperforming the S&P 500's gain of 0.97% [1] - The stock has increased by 38.56% over the past month, outperforming the Consumer Discretionary sector's gain of 6.03% and the S&P 500's gain of 5.41% [1] Group 2 - iPower Inc. is expected to report an EPS of $0.02, reflecting a 150% growth year-over-year, while revenue is forecasted at $20.9 million, indicating a 21.16% decline compared to the same quarter last year [2] - For the entire year, earnings are projected at $0.13 per share and revenue at $92.3 million, showing increases of 1400% and 7.24% respectively compared to the previous year [3] Group 3 - Recent changes in analyst estimates for iPower Inc. indicate positive sentiment towards the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks iPower Inc. as 1, suggesting strong potential for stock performance [6] Group 4 - iPower Inc. has a Forward P/E ratio of 12.58, which is lower than the industry's Forward P/E of 14.35, indicating a valuation discount [7] - The Consumer Products - Discretionary industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 61, placing it in the top 25% of over 250 industries [7]
iPower Announces Partnership with Zyla by Ant International
GlobeNewswire News Room· 2024-10-03 12:30
Core Insights - iPower Inc. has announced a partnership with Zyla, a multi-currency financial account service, to enhance sales opportunities for Zyla's clients in U.S. online marketplaces through iPower's SuperSuite platform [1][2] - This collaboration marks the first step towards integrating supply chain financial services within iPower's SuperSuite, aiming to provide comprehensive support to supply chain partners [1][2] Company Overview - iPower Inc. is a tech and data-driven ecommerce services provider and online retailer, offering a full spectrum of online channels, robust fulfillment capacity, and a differentiated business intelligence platform [5] - The company aims to efficiently move a diverse catalog of SKUs from supply chain partners to end consumers, providing value to customers in the U.S. and other countries [5] Partnership Details - The partnership with Zyla allows iPower to assist Zyla's clients in expanding their reach into key U.S. online marketplaces, thereby attracting new supply chain partners and driving growth in the SuperSuite platform [2] - Zyla is the first financial services provider partner for iPower, indicating a strategic move towards offering integrated financial services [2] Leadership Engagement - iPower's CEO, Lawrence Tan, delivered keynote speeches at Seller Conferences in Shanghai and Ningbo, discussing the capabilities of the SuperSuite platform in revolutionizing supply chain management and driving ecommerce growth [3][4] - The CEO emphasized the importance of providing Zyla's clients with efficient pathways to enter the U.S. market while attracting additional supply chain partners [4]
iPower Launches SuperSuite Supplier Portal Online Platform
GlobeNewswire News Room· 2024-10-01 12:30
RANCHO CUCAMONGA, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven online retailer, as well as a provider of value-added ecommerce services, today announced the launch of its SuperSuite Supplier Portal. This new online platform is a pivotal part of iPower's SuperSuite services, enhancing operational efficiency and fostering seamless collaboration with its supply chain partners. The SuperSuite Supplier Portal is designed to streamline int ...
Why Fast-paced Mover iPower (IPW) Is a Great Choice for Value Investors
ZACKS· 2024-09-30 13:51
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: iPower Inc. (IPW) Analysis - iPower Inc. (IPW) has shown a significant price increase of 42.6% over the past four weeks, indicating strong investor interest [4] - The stock has gained 1.7% over the past 12 weeks and has a high beta of 4, suggesting it moves 300% more than the market in either direction [5] - IPW has a Momentum Score of A, indicating a favorable time to invest based on its momentum [6] Group 3: Earnings and Valuation - An upward trend in earnings estimate revisions has contributed to IPW earning a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects [7] - IPW is trading at a Price-to-Sales ratio of 0.67, suggesting it is undervalued as investors pay only 67 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides IPW, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [8] - Various Zacks Premium Screens are available to help identify potential winning stock picks based on different investing styles [9]
IPower Inc. (IPW) Q4 Earnings Top Estimates
ZACKS· 2024-09-19 22:25
IPower Inc. (IPW) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.10 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced earnings of $0.05, delivering a surprise of 183.33%. Over the last four quarters, the company has surpass ...
iPower (IPW) - 2024 Q4 - Annual Results
2024-09-19 20:05
Exhibit 99.1 iPower Reports Fiscal Fourth Quarter and Full Year 2024 Results Optimization Initiatives Drive Material Gross Margin Expansion and Second Consecutive Quarter of Profitability iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, CA, September 19, 2024 -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and datadriven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, ...
iPower Reports Fiscal Fourth Quarter and Full Year 2024 Results
GlobeNewswire News Room· 2024-09-19 20:05
Optimization Initiatives Drive Material Gross Margin Expansion and Second Consecutive Quarter of Profitability iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal fourth ...
IPower Inc. (IPW) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-12 22:56
In the latest trading session, iPower Inc. (IPW) closed at $1.29, marking a -1.53% move from the previous day. This change lagged the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%. The company's stock has dropped by 5.07% in the past month, falling short of the Consumer Discretionary sector's gain of 8.75% and the S&P 500's gain of 4.03%. The investment community will be closely monitoring the performance of iPower Inc ...
iPower Schedules Fiscal Fourth Quarter and Full Year 2024 Conference Call for September 19, 2024 at 4:30 p.m. ET
GlobeNewswire News Room· 2024-09-10 20:30
RANCHO CUCAMONGA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Thursday, September 19, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. The Company's results will be reported in a press rel ...
IPower Inc. (IPW) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-08-30 22:45
iPower Inc. (IPW) ended the recent trading session at $1.29, demonstrating a -0.77% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.01% for the day. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq increased by 1.13%. The the stock of company has fallen by 19.75% in the past month, lagging the Consumer Discretionary sector's gain of 2.54% and the S&P 500's gain of 2.5%. Investors will be eagerly watching ...