Investing in Energy Vault Holdings Inc. (NRGV) is a safe bet with a significant edge

As of close of business last night, Energy Vault Holdings Inc.’s stock clocked out at $4.66, down -0.21% from its previous closing price of $4.67. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 921915 shares were traded. NRGV stock price reached its highest trading level at $5.1000 during the session, while it also had its lowest trading level at $4.5200.

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To gain a deeper understanding of NRGV’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Chardan Capital Markets on June 29, 2022, initiated with a Buy rating and assigned the stock a target price of $13.

On March 22, 2022, Guggenheim started tracking the stock assigning a Buy rating and target price of $22.

On March 14, 2022, Goldman started tracking the stock assigning a Sell rating and target price of $9.Goldman initiated its Sell rating on March 14, 2022, with a $9 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 25 when GROSS WILLIAM sold 16,250 shares for $3.78 per share. The transaction valued at 61,394 led to the insider holds 1,590,997 shares of the business.

GROSS WILLIAM sold 16,250 shares of NRGV for $58,729 on Oct 24. The Director now owns 1,607,247 shares after completing the transaction at $3.61 per share. On Oct 20, another insider, GROSS WILLIAM, who serves as the Director of the company, sold 80,000 shares for $4.22 each. As a result, the insider received 337,440 and left with 4,822,950 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 14.43 while its Price-to-Book (P/B) ratio in mrq is 2.18.

Stock Price History:

Over the past 52 weeks, NRGV has reached a high of $22.10, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is 3.3926, while the 200-Day Moving Average is calculated to be 6.9208.

Shares Statistics:

It appears that NRGV traded 1.44M shares on average per day over the past three months and 3.44M shares per day over the past ten days. A total of 140.30M shares are outstanding, with a floating share count of 109.49M. Insiders hold about 5.90% of the company’s shares, while institutions hold 40.90% stake in the company. Shares short for NRGV as of Oct 13, 2022 were 3.77M with a Short Ratio of 7.65M, compared to 2.52M on Sep 14, 2022.

Earnings Estimates

As of right now, 2 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.09 and low estimates of -$0.12.

Analysts are recommending an EPS of between -$0.08 and -$0.23 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is -$0.24, with 2 analysts recommending between -$0.14 and -$0.34.

Revenue Estimates

Based on 5 analysts’ estimates, the company’s revenue will be $545.83M in the next fiscal year. The high estimate is $588.7M and the low estimate is $453.71M. The average revenue growth estimate for next year is up 564.90% from the average revenue estimate for this year.