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UQM $1.71

UQM target price
1.71
0
0

UQM Technologies Inc is an American manufacturer of electrical motors, generators, motor controllers, fuel cell compressor systems and hybrid systems for passenger and commercial vehicles. Established in 1967 as Unique Mobility Inc, UQM is based in Longmont, Colorado. UQM's products are sold direct to original equipment manufacturers (OEM). In 2010, UQM received a visit from vice-president Joe Biden to promote the $45million of Stimulus Act money the company received.

The company was involved in the late 1970s Unique Mobility Electrek vehicle, a 2-door 2+2 seater made of fibreglass-reinforced plastic and powered by 16 six-volt batteries. The Elecktrek featured regenerative braking, and could reach a claimed maximum speed of 75 mph and an urban driving range of 75 miles.

UQM is providing PowerPhase propulsion systems for Zenith Motors shuttles, RegenNautics marine applications, Hino Motors electric city buses and Proterra electric composite buses, among others and has been used by several concept cars such as the Audi A1 e-tron and Rolls-Royce 102EX Electric Phantom. The PowerPhase Pro system entered production in October 2011.

The German company Ruf Automobile modified a Porsche 911 into an electric version called eRuf Model A, using UQM's 150kW PowerPhase motor.

In 2008, Boeing made aviation history by achieving the first manned flight of a fuel-cell-powered aircraft which used a UQM motor.

Given its contribution to the application of hybrid electric propulsion to small military boats, UQM received a $70,000 Phase I contract which was awarded by the Office of Naval Research from the U.S. Navy, in 2003.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

9916-02-14
7263-03-09
7067-02-26
6785-03-21
4387-03-07
3899-03-19
2011-10-31 Upgrade Needham Hold to Buy $4
2011-06-17 Initiated Wunderlich Buy $4
2009-11-10 Initiated Thomas Weisel Overweight
2009-02-09 Upgrade MDB Capital Group Neutral to Buy
2008-11-10 Initiated MDB Capital Group Buy
2007-11-01 Downgrade Rodman & Renshaw Mkt Outperform to Mkt Perform
2007-10-12 Downgrade Merriman Curhan Ford Buy to Neutral
2007-04-24 Initiated Rodman & Renshaw Mkt Outperform $6.50
2007-03-19 Initiated Merriman Curhan Ford Buy
1970-01-01
1061-03-31
9916-02-14
7263-03-09
7067-02-26
6785-03-21
4387-03-07

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

Major Shareholders

Name Relationship Total Shares Holding stocks
Ridenour Eric President 1.24%  (499456) UQM /
RANKIN WILLIAM G 0.51%  (206102) UQM /
FRENCH DONALD A Secretary and Treasurer 0.48%  (194859) UQM /
Mitchell Joseph R Vice President of Operations 0.43%  (173822) UQM /
VANLANDINGHAM DONALD W 0.38%  (152399) UQM /
Lutz Jon Vice President of Engineering 0.38%  (151654) UQM /
BURTON RONALD M Senior Vice President 0.28%  (112473) UQM /
Schaffer Adrian P Vice President Sales 0.25%  (99418) UQM /
SELLINGER JOSEPH P 0.22%  (88520) UQM /
ROSENTHAL DAVID Treasurer and Secretary 0.20%  (81993) CYAN / UQM /
SZTYKIEL JOHN E 0.20%  (79248) SPAR / UQM /
Ley Joshua Marc Vice President of Engineering 0.09%  (36720) UQM /
GRANRUD JEROME H 0.06%  (25683) UQM /
ROY STEPHEN J 0.01%  (5000) UQM /