In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Sunnova Energy International Inc (NYSE: NOVA) closed at $0.50 down -3.85% from its previous closing price of $0.52. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 23.99 million shares were traded.
Ratios:
For a deeper understanding of Sunnova Energy International Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.03.
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 $0.47. The 50-Day Moving Average of the stock is -80.91%, while the 200-Day Moving Average is calculated to be -91.23%.
Shares Statistics:
A total of 125.07M shares are outstanding, with a floating share count of 115.43M. Insiders hold about 7.72% of the company’s shares, while institutions hold 97.39% stake in the company.
Earnings Estimates
The stock of Sunnova Energy International Inc (NOVA) is currently being evaluated by 3.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.67, with high estimates of -$0.49 and low estimates of -$0.77.
Analysts are recommending an EPS of between -$2.71 and -$3.65 for the fiscal current year, implying an average EPS of -$3.09. EPS for the following year is -$3.04, with 4.0 analysts recommending between -$2.13 and -$4.35.
Revenue Estimates
A total of 14 analysts believe the company’s revenue will be $208.41M this quarter.It ranges from a high estimate of $253.58M to a low estimate of $176.3M. As of the current estimate, Sunnova Energy International Inc’s year-ago sales were $160.9MFor the next quarter, 14 analysts are estimating revenue of $254.69M. There is a high estimate of $342.3M for the next quarter, whereas the lowest estimate is $199.7M.
A total of 22 analysts have provided revenue estimates for NOVA’s current fiscal year. The highest revenue estimate was $1.28B, while the lowest revenue estimate was $816M, resulting in an average revenue estimate of $997.42M. In the same quarter a year ago, actual revenue was $839.92MBased on 21 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.58B and the low estimate is $870.66M.
