In last trading session, Aeva Technologies Inc (NYSE:AEVA) saw 0.32 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $2.44 trading at -$0.06 or -2.40% at ring of the bell on the day assigns it a market valuation of $130.91M. That closing price of AEVA’s stock is at a discount of -197.13% from its 52-week high price of $7.25 and is indicating a premium of 9.84% from its 52-week low price of $2.20. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.31 million shares which gives us an average trading volume of 293.21K if we extend that period to 3-months.
For Aeva Technologies Inc (AEVA), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.59 in the current quarter.
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Aeva Technologies Inc (NYSE:AEVA) trade information
Upright in the red during last session for losing -2.40%, in the last five days AEVA remained trading in the red while hitting it’s week-highest on Friday, 08/30/24 when the stock touched $2.44 price level, adding 27.16% to its value on the day. Aeva Technologies Inc’s shares saw a change of -35.59% in year-to-date performance and have moved -25.61% in past 5-day. Aeva Technologies Inc (NYSE:AEVA) showed a performance of -13.17% in past 30-days. Number of shares sold short was 2.55 million shares which calculate 7.4 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.75 to the stock, which implies a rise of 48.63% to its current value. Analysts have been projecting 4.5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -84.43% in reaching the projected high whereas dropping to the targeted low would mean a loss of -84.43% for stock’s current value.
Aeva Technologies Inc (AEVA) estimates and forecasts
Statistics highlight that Aeva Technologies Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -58.99% of value to its shares in past 6 months, showing an annual growth rate of 9.02% while that of industry is 7.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 105.90% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.1M for the same. And 4 analysts are in estimates of company making revenue of 2.72M in the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -1246.62% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 9.31% while estimates for its earnings growth in next 5 years are of 20.00%.
Aeva Technologies Inc (NYSE:AEVA)’s Major holders
Insiders are in possession of 37.43% of company’s total shares while institution are holding 45.32 percent of that, with stock having share float percentage of 72.42%. Investors also watch the number of corporate investors in a company very closely, which is 45.32% institutions for Aeva Technologies Inc that are currently holding shares of the company. CANAAN PARTNERS XI LLC is the top institutional holder at AEVA for having 3.7 million shares of worth $9.32 million. And as of 2024-06-30, it was holding 7.0096 of the company’s outstanding shares.
The second largest institutional holder is BBR PARTNERS, LLC, which was holding about 40020.0 shares on 2024-06-30. The number of shares represents firm’s hold over 0.0759 of outstanding shares, having a total worth of $0.1 million.
