In the latest session, Aeva Technologies Inc (NYSE: AEVA) closed at $0.99 up 1.87% from its previous closing price of $0.97. In other words, the price has increased by $+0.0182 from its previous closing price. On the day, 2778154 shares were traded.
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Ratios:
For a deeper understanding of Aeva Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.33 and its Current Ratio is at 12.46. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, Piper Sandler on July 18, 2022, Downgraded its rating to Neutral and sets its target price to $3 from $5 previously.
On April 14, 2022, Credit Suisse started tracking the stock assigning a Outperform rating and target price of $6.
On July 19, 2021, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $11.Morgan Stanley initiated its Equal-Weight rating on July 19, 2021, with a $11 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 20 ’23 when Zadesky Stephen Paul sold 43,604 shares for $0.56 per share. The transaction valued at 24,553 led to the insider holds 56,105 shares of the business.
Sylebra Capital Ltd bought 24,795,027 shares of AEVA for $14,455,501 on Nov 09 ’23. The 10% Owner now owns 51,896,560 shares after completing the transaction at $0.58 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AEVA now has a Market Capitalization of 261.90M and an Enterprise Value of 36.06M. For the stock, the TTM Price-to-Sale (P/S) ratio is 60.77 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 12.48 whereas that against EBITDA is -0.24.
Stock Price History:
Over the past 52 weeks, AEVA has reached a high of $1.67, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is 0.9937, while the 200-Day Moving Average is calculated to be 0.9199.
Shares Statistics:
For the past three months, AEVA has traded an average of 1.63M shares per day and 2.19M over the past ten days. A total of 261.94M shares are outstanding, with a floating share count of 150.72M. Insiders hold about 42.87% of the company’s shares, while institutions hold 55.96% stake in the company. Shares short for AEVA as of Feb 29, 2024 were 7.19M with a Short Ratio of 4.42, compared to 8.9M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.75% and a Short% of Float of 0.93%.
Earnings Estimates
There are 3 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.12 for the current quarter, with a high estimate of -$0.12 and a low estimate of -$0.13, while EPS last year was -$0.16. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.12 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.47 and -$0.54 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.5, with 3 analysts recommending between -$0.44 and -$0.57.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $1.7M this quarter.It ranges from a high estimate of $2M to a low estimate of $1.5M. As of the current estimate, Aeva Technologies Inc’s year-ago sales were $1.15M, an estimated increase of 48.10% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $1.85M, an increase of 149.00% over than the figure of $48.10% in the same quarter last year. There is a high estimate of $2M for the next quarter, whereas the lowest estimate is $1.8M.
A total of 5 analysts have provided revenue estimates for AEVA’s current fiscal year. The highest revenue estimate was $9M, while the lowest revenue estimate was $8.4M, resulting in an average revenue estimate of $8.79M. In the same quarter a year ago, actual revenue was $4.31M, up 103.80% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $37.08M in the next fiscal year. The high estimate is $80M and the low estimate is $16.5M. The average revenue growth estimate for next year is up 321.80% from the average revenue estimate for this year.
