Insider’s View: Deciphering Sunnova Energy International Inc (NOVA)’s Financial Health Through Ratios

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The price of Sunnova Energy International Inc (NYSE: NOVA) closed at $0.21 in the last session, up 2.86% from day before closing price of $0.20. In other words, the price has increased by $2.86 from its previous closing price. On the day, 11.19 million shares were traded.

Ratios:

We take a closer look at NOVA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.78. In the meantime, Its Debt-to-Equity ratio is 4.63 whereas as Long-Term Debt/Eq ratio is at 4.45.

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, Mizuho on March 05, 2025, Downgraded its rating to Neutral and sets its target price to $1 from $11 previously.

On March 05, 2025, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $9 to $1.

Wells Fargo Downgraded its Equal Weight to Underweight on March 04, 2025, whereas the target price for the stock was revised from $4 to $0.50.

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 Feb 03 ’25 when Mathews Paul S bought 562 shares for $1.84 per share.

ROBERTSON CORBIN J III bought 35,000 shares of NOVA for $124,498 on Nov 19 ’24. The Director now owns 120,048 shares after completing the transaction at $3.56 per share. On Nov 19 ’24, another insider, Mohamed Akbar, who serves as the Director of the company, bought 50,000 shares for $3.56 each. As a result, the insider paid 177,960 and bolstered with 402,654 shares of the company.

Valuation Measures:

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 0.01.

Stock Price History:

Over the past 52 weeks, NOVA has reached a high of $13.00, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is -33.59%, while the 200-Day Moving Average is calculated to be -95.33%.

Shares Statistics:

A total of 125.07M shares are outstanding, with a floating share count of 115.79M. Insiders hold about 7.87% of the company’s shares, while institutions hold 88.89% stake in the company.

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