Enviva Inc (EVA)’s Market Momentum: Closing Strong at 0.51, Down -1.03

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As of close of business last night, Enviva Inc’s stock clocked out at $0.51, down -1.03% from its previous closing price of $0.51. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 0.68 million shares were traded. EVA stock price reached its highest trading level at $0.55 during the session, while it also had its lowest trading level at $0.5097.

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 37970864 and an Enterprise Value of 1605884928. 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 0.12. Its current Enterprise Value per Revenue stands at 1.42 whereas that against EBITDA is 97.569.

Stock Price History:

The Beta on a monthly basis for EVA is 0.82, which has changed by -0.94252235 over the last 52 weeks, in comparison to a change of 0.22379243 over the same period for the S&P500. Over the past 52 weeks, EVA has reached a high of $21.66, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 10.28%, while the 200-Day Moving Average is calculated to be -86.14%.

Shares Statistics:

It appears that EVA traded 3.38M shares on average per day over the past three months and 1532430 shares per day over the past ten days. A total of 74.50M shares are outstanding, with a floating share count of 38.31M. Insiders hold about 48.57% of the company’s shares, while institutions hold 33.59% stake in the company. Shares short for EVA as of 1713139200 were 4789226 with a Short Ratio of 1.42, compared to 1710460800 on 8109225. Therefore, it implies a Short% of Shares Outstanding of 4789226 and a Short% of Float of 12.65.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 1.7572815The stock’s 5-year Average Dividend Yield is 23.35.

Earnings Estimates

The firm’s stock currently is rated by 1.0 analysts. On average, analysts expect EPS of -$0.76 for the current quarter, with a high estimate of -$0.76 and a low estimate of -$0.76, while EPS last year was -$0.75. The consensus estimate for the next quarter is -$0.62, with high estimates of -$0.62 and low estimates of -$0.62.

Analysts are recommending an EPS of between -$4.42 and -$4.42 for the fiscal current year, implying an average EPS of -$4.42. EPS for the following year is -$1.56, with 1.0 analysts recommending between -$1.56 and -$1.56.

Revenue Estimates

In the current quarter, 2 analysts expect revenue to total $308.72M. 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 $239.31MFor the next quarter, 2 analysts are estimating revenue of $303.19M. There is a high estimate of $303.19M for the next quarter, whereas the lowest estimate is $303.19M.

A total of 2 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 $1.2B. In the same quarter a year ago, actual revenue was $1.09BBased on 2 analysts’ estimates, the company’s revenue will be $1.34B in the next fiscal year. The high estimate is $1.37B and the low estimate is $1.31B.

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