Upward Trajectory: Eos Energy Enterprises Inc (EOSE) Posts a Gaine, Closing at 3.32

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The closing price of Eos Energy Enterprises Inc (NASDAQ: EOSE) was $3.32 for the day, up 3.43% from the previous closing price of $3.21. In other words, the price has increased by $3.43 from its previous closing price. On the day, 6.16 million shares were traded. EOSE stock price reached its highest trading level at $3.42 during the session, while it also had its lowest trading level at $3.22.

Ratios:

Our analysis of EOSE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.99.

Guggenheim Upgraded its Neutral to Buy on September 01, 2023, while the target price for the stock was maintained at $10.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when Bornstein Jeffrey S sold 132,720 shares for $2.63 per share. The transaction valued at 349,054 led to the insider holds 7,999 shares of the business.

Bornstein Jeffrey S sold 30,000 shares of EOSE for $78,600 on Sep 12 ’24. The Director now owns 84,929 shares after completing the transaction at $2.62 per share. On Aug 16 ’24, another insider, DIMITRIEF ALEXANDER, who serves as the Director of the company, bought 2,000 shares for $1.91 each. As a result, the insider paid 3,820 and bolstered with 172,347 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 723467840 and an Enterprise Value of 1047801024. For the stock, the TTM Price-to-Sale (P/S) ratio is 50.57. Its current Enterprise Value per Revenue stands at 70.026 whereas that against EBITDA is -6.78.

Stock Price History:

Over the past 52 weeks, EOSE has reached a high of $3.66, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is 13.18%, while the 200-Day Moving Average is calculated to be 86.81%.

Shares Statistics:

EOSE traded an average of 6.95M shares per day over the past three months and 7147010 shares per day over the past ten days. A total of 217.28M shares are outstanding, with a floating share count of 211.54M. Insiders hold about 2.92% of the company’s shares, while institutions hold 32.56% stake in the company. Shares short for EOSE as of 1731628800 were 57325672 with a Short Ratio of 8.25, compared to 1728950400 on 56290210. Therefore, it implies a Short% of Shares Outstanding of 57325672 and a Short% of Float of 34.33.

Earnings Estimates

Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.08 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$0.75 and -$2.56 for the fiscal current year, implying an average EPS of -$1.65. EPS for the following year is -$0.24, with 2.0 analysts recommending between -$0.16 and -$0.32.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $6.48M to a low estimate of $5.94M. As of the current estimate, Eos Energy Enterprises Inc’s year-ago sales were $6.61MFor the next quarter, 4 analysts are estimating revenue of $20.7M. There is a high estimate of $51.5M for the next quarter, whereas the lowest estimate is $6.09M.

A total of 4 analysts have provided revenue estimates for EOSE’s current fiscal year. The highest revenue estimate was $14.83M, while the lowest revenue estimate was $14.3M, resulting in an average revenue estimate of $14.52M. In the same quarter a year ago, actual revenue was $16.38MBased on 6 analysts’ estimates, the company’s revenue will be $211.46M in the next fiscal year. The high estimate is $293.5M and the low estimate is $157.5M.

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