As of close of business last night, EVgo Inc’s stock clocked out at $1.89, down -3.08% from its previous closing price of $1.95. On the day, 2914191 shares were traded.
Ratios:
To gain a deeper understanding of EVGO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.98 and its Current Ratio is at 2.98.
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, RBC Capital Mkts on March 07, 2024, Upgraded its rating to Outperform and sets its target price to $4 from $5 previously.
On March 07, 2024, Cantor Fitzgerald Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $5.
TD Cowen Downgraded its Outperform to Market Perform on October 25, 2023, whereas the target price for the stock was revised from $6 to $4.
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 Mar 19 ’24 when Sullivan Francine sold 1,400 shares for $2.39 per share. The transaction valued at 3,340 led to the insider holds 88,897 shares of the business.
Shevorenkova Olga sold 750 shares of EVGO for $1,824 on Mar 18 ’24. The Chief Financial Officer now owns 81,241 shares after completing the transaction at $2.43 per share. On Mar 06 ’24, another insider, KISH DENNIS G, who serves as the President of the company, sold 34,717 shares for $3.00 each. As a result, the insider received 104,151 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24.
Stock Price History:
Over the past 52 weeks, EVGO has reached a high of $6.48, while it has fallen to a 52-week low of $1.88.
Shares Statistics:
A total of 102.94M shares are outstanding, with a floating share count of 99.16M. Insiders hold about 6.20% of the company’s shares, while institutions hold 46.73% stake in the company.
Earnings Estimates
As of right now, Broadcom Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $15.10, with high estimates of $0.69 and low estimates of $1.89.
Analysts are recommending an EPS of between $Healthcare and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Basic Materials.
