Now Is A Good Time To Buy Sunnova Energy International Inc (NYSE: NOVA)

During the last session, Sunnova Energy International Inc (NYSE:NOVA)’s traded shares were 4.66 million, with the beta value of the company hitting 2.16. At the end of the trading day, the stock’s price was $3.93, reflecting an intraday gain of 0.26% or $0.01. The 52-week high for the NOVA share is $24.56, that puts it down -524.94 from that peak though still a striking 10.43% gain since the share price plummeted to a 52-week low of $3.52. The company’s market capitalization is $481.35M, and the average trade volume was 10.06 million shares over the past three months.

Sunnova Energy International Inc (NYSE:NOVA) trade information

Sunnova Energy International Inc (NOVA) registered a 0.26% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.26% in intraday trading to $3.93, hitting a weekly high. The stock’s 5-day price performance is 0.26%, and it has moved by -27.09% in 30 days. Based on these gigs, the overall price performance for the year is -78.86%.

Sunnova Energy International Inc (NOVA) estimates and forecasts

Statistics show that Sunnova Energy International Inc has underperformed its competitors in share price, compared to the industry in which it operates. Sunnova Energy International Inc (NOVA) shares have gone down -54.30% during the last six months, with a year-to-date growth rate less than the industry average at -15.05% against -10.00. In the rating firms’ projections, revenue will increase 34.50% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 194.58M as predicted by 23 analyst(s). Meanwhile, a consensus of 22 analyst(s) estimates revenue growth to 239.14M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -17.44%. While earnings are projected to return 24.95% in 2024, the next five years will return -14.00% per annum.

NOVA Dividends

Sunnova Energy International Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Sunnova Energy International Inc (NYSE:NOVA)’s Major holders