The closing price of Enviva Inc (NYSE: EVA) was $0.44 for the day, up 4.71% from the previous closing price of $0.42. In other words, the price has increased by $+0.0198 from its previous closing price. On the day, 1590329 shares were traded.
Ratios:
Our analysis of EVA’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 32.79M 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 0.11. Its current Enterprise Value per Revenue stands at 1.46 whereas that against EBITDA is -43.25.
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 0.4634, while the 200-Day Moving Average is calculated to be 5.0351.
Shares Statistics:
EVA traded an average of 4.28M shares per day over the past three months and 2.74M 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 Mar 15, 2024 were 8.11M with a Short Ratio of 1.90, compared to 7.86M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 10.89% and a Short% of Float of 21.42%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 20.05.
Earnings Estimates
The firm’s stock currently is rated by 2 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. 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.
