Sunnova Energy International Inc (NYSE: NOVA) closed the day trading at $4.21 down -5.61% from the previous closing price of $4.46. On the day, 9499690 shares were traded.
Ratios:
For a better understanding of NOVA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 4.93 whereas as Long-Term Debt/Eq ratio is at 4.61.
On March 04, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $24 to $14.
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 25 ’24 when Grasso Michael P sold 7,409 shares for $5.89 per share. The transaction valued at 43,639 led to the insider holds 67,579 shares of the business.
LANE ROBERT LAWRENCE sold 6,710 shares of NOVA for $39,522 on Mar 25 ’24. The insider now owns 141,529 shares after completing the transaction at $5.89 per share. On Mar 25 ’24, another insider, Nutting Meghan, who serves as the insider of the company, sold 2,917 shares for $5.80 each. As a result, the insider received 16,919 and left with 55,851 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.34.
Stock Price History:
Over the past 52 weeks, NOVA has reached a high of $24.56, while it has fallen to a 52-week low of $3.80.
Shares Statistics:
A total of 122.47M shares are outstanding, with a floating share count of 105.94M. Insiders hold about 13.51% of the company’s shares, while institutions hold 110.26% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from Novavax, Inc. analysts. The consensus estimate for the next quarter is $12.36, with high estimates of $19.63 and low estimates of $66.41.
Analysts are recommending an EPS of between $Energy and $Financial Services for the fiscal current year, implying an average EPS of $Healthcare.
