In the last trading session, 1.3 million shares of the Evolv Technologies Holdings Inc (NASDAQ:EVLV) were traded, and its beta was 1.37. Most recently the company’s share price was $4.19, and it changed around $0.31 or 7.99% from the last close, which brings the market valuation of the company to $651.88M. EVLV currently trades at a discount to its 52-week high of $8.30, offering almost -98.09% off that amount. The share price’s 52-week low was $3.00, which indicates that the current value has risen by an impressive 28.4% since then. We note from Evolv Technologies Holdings Inc’s average daily trading volume that its 3-month average coming to 1.62 million.
Evolv Technologies Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended EVLV as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Evolv Technologies Holdings Inc is expected to report earnings per share of -$0.07 for the current quarter.
Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information
Instantly EVLV has showed a green trend with a performance of 7.99% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -11.23% year-to-date, but still up 6.35% over the last five days. On the other hand, Evolv Technologies Holdings Inc (NASDAQ:EVLV) is 18.36% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $6.7, which translates to bulls needing to increase their stock price by 37.46% from its current value. Analyst projections state that EVLV is forecast to be at a low of $5.4 and a high of $8.
Evolv Technologies Holdings Inc (EVLV) estimates and forecasts
Evolv Technologies Holdings Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 9.97 percent over the past six months and at a 32.39% annual growth rate that is well above the industry average of 11.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 41.70% in revenue this quarter, and will report an increase of 40.00% in the next quarter. The year-over-year growth rate is expected to be 42.50%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of $23 million in revenue for the current quarter. 5 analysts expect Evolv Technologies Holdings Inc to make $26.64 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $18.58 million and $19.82 million respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 23.80%. Forecasts for the next quarter put sales growth at 34.40%.
EVLV Dividends
Evolv Technologies Holdings Inc’s next quarterly earnings report is expected to be released in May.
