Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s traded shares stood at 0.55 million during the latest session, with the company’s beta value hitting 1.32. At the last check today, the stock’s price was $3.82, to imply an increase of 5.10% or $0.19 in intraday trading. The EVLV share’s 52-week high remains $8.30, putting it -117.28% down since that peak but still an impressive 27.75% since price per share fell to its 52-week low of $2.76. The company has a valuation of $580.57M, with an average of 0.98 million shares in intraday trading volume over the past 10 days and average of 1.27 million shares over the past 3 months.
Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information
After registering a 5.10% upside in the latest session, Evolv Technologies Holdings Inc (EVLV) has traded red over the past five days. The stock hit a weekly high of 3.85, jumping 5.10% in its intraday price action. The 5-day price performance for the stock is 5.68%, and -17.07% over 30 days. With these gigs, the year-to-date price performance is -19.17%. Short interest in Evolv Technologies Holdings Inc (NASDAQ:EVLV) saw shorts transact 8.62 million shares and set a 4.73 days time to cover.
Evolv Technologies Holdings Inc (EVLV) estimates and forecasts
Looking at statistics comparing Evolv Technologies Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Evolv Technologies Holdings Inc (EVLV) shares are -20.69% down over the last 6 months, with its year-to-date growth rate higher than industry average at 32.39% against 5.70%. Revenue is forecast to grow 41.70% this quarter before jumping 40.00% for the next one. The rating firms project that company’s revenue will grow 42.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is $23 million. Meanwhile, for the quarter ending Jun 2024, a total of 5 analyst(s) estimate revenue growth to $26.64 million.Earnings reports from the last fiscal year show that sales brought in $18.58 million and $19.82 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 23.80% before jumping 34.40% in the following quarter.
EVLV Dividends
Evolv Technologies Holdings Inc has its next earnings report out between May 08 and May 13. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Evolv Technologies Holdings Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s Major holders
Evolv Technologies Holdings Inc insiders hold 17.84% of total outstanding shares, with institutional holders owning 53.49% of the shares at 65.10% float percentage. In total, 53.49% institutions holds shares in the company, led by General Catalyst Group Management, LLC. As of Dec 30, 2023, the company held over 10.8 million shares (or 7.09% of shares), all amounting to roughly $41.13 million.
The next major institution holding the largest number of shares is Data Collective IV GP, LLC with 9.68 million shares, or about 6.36% of shares outstanding. As of the market price on Dec 30, 2023, these shares were worth $36.89 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Evolv Technologies Holdings Inc (EVLV) shares. Going by data provided on Dec 30, 2023, Vanguard Total Stock Market Index Fund holds roughly 2.97 million shares. This is just over 1.95% of the total shares, with a market valuation of $11.33 million. Data from the same date shows that the other fund manager holds a little less at 2.79 million, or 1.83% of the shares, all valued at about 10.64 million.
