The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, EVgo Inc’s stock clocked out at $3.64, down -2.67% from its previous closing price of $3.74. In other words, the price has decreased by -$2.67 from its previous closing price. On the day, 4.28 million 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 2.06 and its Current Ratio is at 2.06.
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, UBS on October 10, 2024, Upgraded its rating to Buy and sets its target price to $8.50 from $4 previously.
On October 03, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $5 to $7.
JP Morgan Upgraded its Neutral to Overweight on October 03, 2024, while the target price for the stock was maintained at $7.
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 Feb 03 ’25 when KISH DENNIS G sold 44,184 shares for $3.41 per share. The transaction valued at 150,557 led to the insider holds 95,986 shares of the business.
KISH DENNIS G bought 44,184 shares of EVGO for $142,272 on Feb 03 ’25. On Jan 03 ’25, another insider, KISH DENNIS G, who serves as the President of the company, sold 17,379 shares for $4.32 each. As a result, the insider received 75,015 and left with 13,655 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.03.
Stock Price History:
Over the past 52 weeks, EVGO has reached a high of $9.07, while it has fallen to a 52-week low of $1.86. The 50-Day Moving Average of the stock is 31.91%, while the 200-Day Moving Average is calculated to be -15.64%.
Shares Statistics:
A total of 133.31M shares are outstanding, with a floating share count of 126.53M. Insiders hold about 5.70% of the company’s shares, while institutions hold 73.79% stake in the company.
Earnings Estimates
A detailed examination of EVgo Inc (EVGO) is currently in progress, with 1.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.29 and -$0.33 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.28, with 2.0 analysts recommending between -$0.2 and -$0.37.
Revenue Estimates
In the current quarter, 10 analysts expect revenue to total $85.36M. It ranges from a high estimate of $93M to a low estimate of $80M. As of the current estimate, EVgo Inc’s year-ago sales were $66.62MFor the next quarter, 10 analysts are estimating revenue of $92.94M. There is a high estimate of $98M for the next quarter, whereas the lowest estimate is $87.5M.
A total of 12 analysts have provided revenue estimates for EVGO’s current fiscal year. The highest revenue estimate was $368M, while the lowest revenue estimate was $339.31M, resulting in an average revenue estimate of $353.53M. In the same quarter a year ago, actual revenue was $256.82MBased on 12 analysts’ estimates, the company’s revenue will be $468.28M in the next fiscal year. The high estimate is $518.7M and the low estimate is $429.3M.
