As of close of business last night, Enviva Inc’s stock clocked out at $0.42, down -3.43% from its previous closing price of $0.43. In other words, the price has decreased by -$0.0149 from its previous closing price. On the day, 1622206 shares were traded.
Ratios:
To gain a deeper understanding of EVA’s stock, we examine its different ratios. 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:
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 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 32.40M and an Enterprise Value of 1.65B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.10. Its current Enterprise Value per Revenue stands at 1.46 whereas that against EBITDA is -43.24.
Stock Price History:
Over the past 52 weeks, EVA has reached a high of $29.46, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 0.4896, while the 200-Day Moving Average is calculated to be 5.2444.
Shares Statistics:
It appears that EVA traded 4.28M shares on average per day over the past three months and 5.85M shares per day over the past ten 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 33.64% stake in the company. Shares short for EVA as of Feb 29, 2024 were 8.8M with a Short Ratio of 2.06, 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
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.62 for the current quarter, with a high estimate of -$0.47 and a low estimate of -$0.76, 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 -$4.42 for the fiscal current year, implying an average EPS of -$4.22. EPS for the following year is -$1.44, with 2 analysts recommending between -$1.32 and -$1.56.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $316.64M. It ranges from a high estimate of $335.2M 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 32.30% 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 $32.30% 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 3 analysts have provided revenue estimates for EVA’s current fiscal year. The highest revenue estimate was $1.23B, while the lowest revenue estimate was $1.17B, resulting in an average revenue estimate of $1.21B. In the same quarter a year ago, actual revenue was $1.09B, up 10.40% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.43B in the next fiscal year. The high estimate is $1.61B and the low estimate is $1.31B. The average revenue growth estimate for next year is up 18.40% from the average revenue estimate for this year.
