Metric Deep Dive: Understanding ChargePoint Holdings Inc (CHPT) Through its Ratios

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After finishing at $1.73 in the prior trading day, ChargePoint Holdings Inc (NYSE: CHPT) closed at $1.83, up 5.78%. In other words, the price has increased by $5.78 from its previous closing price. On the day, 18.07 million shares were traded. CHPT stock price reached its highest trading level at $1.83 during the session, while it also had its lowest trading level at $1.64.


Our goal is to gain a better understanding of CHPT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 2.13. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.08.

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, Goldman on April 09, 2024, Downgraded its rating to Sell and sets its target price to $1.50 from $2 previously.

On March 06, 2024, RBC Capital Mkts Downgraded its rating to Sector Perform which previously was Outperform and also lowered its target price recommendation from $3.50 to $3.

On February 21, 2024, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $4.25.The Benchmark Company initiated its Buy rating on February 21, 2024, with a $4.25 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’24 when Wilmer Richard sold 25,376 shares for $1.87 per share. The transaction valued at 47,453 led to the insider holds 2,359,462 shares of the business.

Khetani Mansi sold 19,035 shares of CHPT for $35,595 on Mar 21 ’24. The Interim CFO now owns 421,500 shares after completing the transaction at $1.87 per share. On Mar 21 ’24, another insider, Singh Jagdeep CA, who serves as the CCXO of the company, sold 9,485 shares for $1.87 each. As a result, the insider received 17,737 and left with 484,503 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, CHPT now has a Market Capitalization of 778280704 and an Enterprise Value of 813763136. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 1.683 whereas that against EBITDA is -1.993.

Stock Price History:

Over the past 52 weeks, CHPT has reached a high of $10.10, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is 10.90%, while the 200-Day Moving Average is calculated to be -33.40%.

Shares Statistics:

The stock has traded on average 13.23M shares per day over the past 3-months and 13186350 shares per day over the last 10 days, according to various share statistics. A total of 421.12M shares are outstanding, with a floating share count of 380.64M. Insiders hold about 10.50% of the company’s shares, while institutions hold 37.70% stake in the company. Shares short for CHPT as of 1715731200 were 106322919 with a Short Ratio of 8.03, compared to 1713139200 on 107440658. Therefore, it implies a Short% of Shares Outstanding of 106322919 and a Short% of Float of 26.900000000000002.

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