Enviva Inc (EVA) Has Great Growth Outlook For 2024

Enviva Inc (NYSE:EVA) has a beta value of 0.80 and has seen 1.94 million shares traded in the last trading session. The company, currently valued at $40.00M, closed the last trade at $0.54 per share which meant it -0.57% during that session. The EVA stock price is -4020.37% off its 52-week high price of $22.25 and 53.7% above the 52-week low of $0.25. The 3-month trading volume is 3.69 million shares.

Enviva Inc (NYSE:EVA) trade information

Sporting -0.57% in the red in last session, the stock has traded in the green over the last five days, when the EVA stock price touched $0.54 or saw a rise of 14.08%. Year-to-date, Enviva Inc shares have moved -46.08%, while the 5-day performance has seen it change 51.20%. Over the past 30 days, the shares of Enviva Inc (NYSE:EVA) have changed 27.74%.

Enviva Inc (EVA) estimates and forecasts

The company’s shares have lost -85.57% over the past 6 months, compared to 20.80% for the industry. Revenue growth from the last financial year stood is estimated to be 9.70%.

2 analysts offering their estimates for the company have set an average revenue estimate of $308.72 million for the current quarter. 1 have an estimated revenue figure of $303.19 million for the next quarter concluding in Mar 2024. Year-ago sales stood $239.31 million and $269.08 million respectively for this quarter and the next, and analysts expect sales will grow by 29.00% for the current quarter and 12.70% for the next.

EVA Dividends

Enviva Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.