The price of Enviva Inc (NYSE: EVA) closed at $0.60 in the last session, down -9.71% from day before closing price of $0.67. In other words, the price has decreased by -$0.0646 from its previous closing price. On the day, 2674833 shares were traded.
Ratios:
We take a closer look at EVA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 6.23 whereas as Long-Term Debt/Eq ratio is at 6.18.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 14 ’23 when INCLUSIVE CAPITAL PARTNERS, L. sold 2,250,000 shares for $1.49 per share. The transaction valued at 3,349,350 led to the insider holds 5,348,710 shares of the business.
BUMGARNER JOHN C JR bought 100,000 shares of EVA for $850,000 on May 25 ’23. The Director now owns 415,763 shares after completing the transaction at $8.50 per share. On May 19 ’23, another insider, BUMGARNER JOHN C JR, who serves as the Director of the company, bought 20,000 shares for $8.33 each. As a result, the insider paid 166,600 and bolstered with 315,763 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVA now has a Market Capitalization of 44.74M and an Enterprise Value of 1.66B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 1.47 whereas that against EBITDA is -43.56.
Stock Price History:
Over the past 52 weeks, EVA has reached a high of $33.39, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 0.5568, while the 200-Day Moving Average is calculated to be 5.5900.
Shares Statistics:
According to the various share statistics, EVA traded on average about 3.69M shares per day over the past 3-months and 7.33M shares per day over the past 10 days. A total of 66.97M shares are outstanding, with a floating share count of 38.31M. Insiders hold about 48.57% of the company’s shares, while institutions hold 33.65% stake in the company. Shares short for EVA as of Feb 29, 2024 were 8.8M with a Short Ratio of 2.39, compared to 7.43M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 11.81% and a Short% of Float of 23.25%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 20.05.
Earnings Estimates
The company has 3 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$1.21 for the current quarter, with a high estimate of -$0.47 and a low estimate of -$2.41, while EPS last year was -$0.75. The consensus estimate for the next quarter is -$0.58, with high estimates of -$0.54 and low estimates of -$0.62.
Analysts are recommending an EPS of between -$4.02 and -$6 for the fiscal current year, implying an average EPS of -$4.81. EPS for the following year is -$1.82, with 3 analysts recommending between -$1.32 and -$2.59.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $334.73M. It ranges from a high estimate of $389M to a low estimate of $282.24M. As of the current estimate, Enviva Inc’s year-ago sales were $239.31M, an estimated increase of 39.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $308M, an increase of 14.50% less than the figure of $39.90% in the same quarter last year. There is a high estimate of $312.8M for the next quarter, whereas the lowest estimate is $303.19M.
A total of 4 analysts have provided revenue estimates for EVA’s current fiscal year. The highest revenue estimate was $1.28B, while the lowest revenue estimate was $1.17B, resulting in an average revenue estimate of $1.23B. In the same quarter a year ago, actual revenue was $1.09B, up 12.10% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $1.49B in the next fiscal year. The high estimate is $1.65B and the low estimate is $1.31B. The average revenue growth estimate for next year is up 21.10% from the average revenue estimate for this year.
