On Monday, Sunnova Energy International Inc (NYSE: NOVA) was 14.31% up from the session before settling in for the closing price of $5.73. A 52-week range for NOVA has been $3.37 – $16.35.
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During the last 5-year period, the sales growth of Technology Sector giant was 51.41%. When this article was written, the company’s average yearly earnings per share was at 27.65%. With a float of $108.62 million, this company’s outstanding shares have now reached $122.47 million.
Let’s determine the extent of company efficiency that accounts for 2047 employees. In terms of profitability, gross margin is 46.63%, operating margin of -33.02%, and the pretax margin is -88.12%.
Sunnova Energy International Inc (NOVA) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sunnova Energy International Inc stocks. The insider ownership of Sunnova Energy International Inc is 13.07%, while institutional ownership is 104.32%. The most recent insider transaction that took place on Aug 23 ’24, was worth 871,039. In this transaction an insider of this company sold 77,000 shares at a rate of $11.31, taking the stock ownership to the 409,045 shares. Before that another transaction happened on Aug 23 ’24, when Company’s Officer proposed sale 77,000 for $11.30, making the entire transaction worth $870,227.
Sunnova Energy International Inc (NOVA) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -1.53 earnings per share (EPS) during the time that was less than consensus figure (set at -0.18) by -1.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -14.00% during the next five years compared to -17.44% drop over the previous five years of trading.
Sunnova Energy International Inc (NYSE: NOVA) Trading Performance Indicators
You can see what Sunnova Energy International Inc (NOVA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.35, a number that is poised to hit -0.71 in the next quarter and is forecasted to reach -2.52 in one year’s time.
Technical Analysis of Sunnova Energy International Inc (NOVA)
Looking closely at Sunnova Energy International Inc (NYSE: NOVA), its last 5-days average volume was 11.13 million, which is a jump from its year-to-date volume of 7.78 million. As of the previous 9 days, the stock’s Stochastic %D was 86.26%. Additionally, its Average True Range was 0.62.
During the past 100 days, Sunnova Energy International Inc’s (NOVA) raw stochastic average was set at 22.99%, which indicates a significant decrease from 97.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.41% in the past 14 days, which was lower than the 99.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.60, while its 200-day Moving Average is $7.06. However, in the short run, Sunnova Energy International Inc’s stock first resistance to watch stands at $6.82. Second resistance stands at $7.09. The third major resistance level sits at $7.59. If the price goes on to break the first support level at $6.05, it is likely to go to the next support level at $5.55. Should the price break the second support level, the third support level stands at $5.28.
Sunnova Energy International Inc (NYSE: NOVA) Key Stats
There are 124,864K outstanding shares of the company, which has a market capitalization of 772.60 million. As of now, sales total 720,650 K while income totals -417,960 K. Its latest quarter income was 219,600 K while its last quarter net income were -33,050 K.
