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The price of Eos Energy Enterprises Inc (NASDAQ: EOSE) closed at $0.79 in the last session, down -1.97% from day before closing price of $0.81. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 3.94 million shares were traded. EOSE stock price reached its highest trading level at $0.8649 during the session, while it also had its lowest trading level at $0.7455.
Ratios:
We take a closer look at EOSE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.01.
On September 01, 2023, Guggenheim Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $10.
B. Riley Securities Downgraded its Buy to Neutral on June 30, 2023, whereas the target price for the stock was revised from $3 to $4.
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 Mar 08 ’24 when DIMITRIEF ALEXANDER bought 5,000 shares for $1.13 per share. The transaction valued at 5,638 led to the insider holds 10,000 shares of the business.
Mastrangelo Joe bought 36,500 shares of EOSE for $74,810 on Sep 21 ’23. The Chief Executive Officer now owns 590,799 shares after completing the transaction at $2.05 per share. On Sep 07 ’23, another insider, Demby Claude, who serves as the Director of the company, sold 20,143 shares for $2.78 each. As a result, the insider received 55,998 and left with 62,012 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, EOSE now has a Market Capitalization of 163565392 and an Enterprise Value of 299489856. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.77. Its current Enterprise Value per Revenue stands at 18.286 whereas that against EBITDA is -2.201.
Stock Price History:
The Beta on a monthly basis for EOSE is 2.28, which has changed by -0.5 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, EOSE has reached a high of $5.66, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is -16.61%, while the 200-Day Moving Average is calculated to be -51.98%.
Shares Statistics:
According to the various share statistics, EOSE traded on average about 5.07M shares per day over the past 3-months and 4227280 shares per day over the past 10 days. A total of 199.13M shares are outstanding, with a floating share count of 184.65M. Insiders hold about 8.88% of the company’s shares, while institutions hold 46.83% stake in the company. Shares short for EOSE as of 1713139200 were 46933897 with a Short Ratio of 9.26, compared to 1710460800 on 44842847. Therefore, it implies a Short% of Shares Outstanding of 46933897 and a Short% of Float of 24.040001999999998.
Earnings Estimates
As of right now, 7.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.25 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.33, while EPS last year was -$0.82. The consensus estimate for the next quarter is -$0.23, with high estimates of -$0.17 and low estimates of -$0.34.
Analysts are recommending an EPS of between -$0.67 and -$1.23 for the fiscal current year, implying an average EPS of -$0.88. EPS for the following year is -$0.21, with 8.0 analysts recommending between $0.56 and -$0.68.
Revenue Estimates
According to 6 analysts, the current quarter’s revenue is expected to be $6.77M. It ranges from a high estimate of $7.7M to a low estimate of $6.36M. As of the current estimate, Eos Energy Enterprises Inc’s year-ago sales were $3.1MFor the next quarter, 6 analysts are estimating revenue of $7.31M. There is a high estimate of $10.2M for the next quarter, whereas the lowest estimate is $3.6M.
A total of 7 analysts have provided revenue estimates for EOSE’s current fiscal year. The highest revenue estimate was $85.75M, while the lowest revenue estimate was $61.32M, resulting in an average revenue estimate of $71.64M. In the same quarter a year ago, actual revenue was $16.38MBased on 7 analysts’ estimates, the company’s revenue will be $338.59M in the next fiscal year. The high estimate is $487.32M and the low estimate is $190.5M.
