Energy Vault Holdings Inc (NRGV) is predicted to post EPS of -0.14 in the upcoming quarter : This Stock is Ticking Every Box for Top Investors

As on Thursday, Energy Vault Holdings Inc (NYSE: NRGV) started slowly as it slid -2.33% to $1.26, before settling in for the price of $1.29 at the close. Taking a more long-term approach, NRGV posted a 52-week range of $1.27-$3.55.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

The Utilities Sector giants’ yearly sales growth during the last 5-year period was 44.71%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 50.25%. This publicly-traded company’s shares outstanding now amounts to $146.58 million, simultaneously with a float of $75.55 million. The organization now has a market capitalization sitting at $185.32 million. At the time of writing, stock’s 50-day Moving Average stood at $1.6930, while the 200-day Moving Average is $2.3272.

Energy Vault Holdings Inc (NRGV) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Utilities – Renewable industry. Energy Vault Holdings Inc’s current insider ownership accounts for 48.63%, in contrast to 21.75% institutional ownership. According to the most recent insider trade that took place on Mar 19 ’24, this organization’s Chief Legal Officer sold 20,468 shares at the rate of 1.63, making the entire transaction reach 33,445 in total value, affecting insider ownership by 595,188. Preceding that transaction, on Mar 19 ’24, Company’s Chief Marketing Officer sold 20,385 for 1.64, making the whole transaction’s value amount to 33,329. This particular insider is now the holder of 897,123 in total.

Energy Vault Holdings Inc (NRGV) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.14 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.11) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

Energy Vault Holdings Inc’s EPS increase for this current 12-month fiscal period is 50.25% and is forecasted to reach -0.17 in the upcoming year.

Energy Vault Holdings Inc (NYSE: NRGV) Trading Performance Indicators

Let’s observe the current performance indicators for Energy Vault Holdings Inc (NRGV). It’s Quick Ratio in the last reported quarter now stands at 2.42. The Stock has managed to achieve an average true range (ATR) of 0.15. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.54.

In the same vein, NRGV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.69, a figure that is expected to reach -0.14 in the next quarter, and analysts are predicting that it will be -0.17 at the market close of one year from today.

Technical Analysis of Energy Vault Holdings Inc (NRGV)

Through scrutinizing the latest numbers posted by the [Energy Vault Holdings Inc, NRGV], it can be observed that its last 5-days Average volume of 1.2 million was better the volume of 0.86 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 3.44% While, its Average True Range was 0.1432.

Raw Stochastic average of Energy Vault Holdings Inc (NRGV) in the period of the previous 100 days is set at 2.72%, which indicates a major fall in contrast to 5.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 96.75% that was higher than 92.01% volatility it exhibited in the past 100-days period.