Eos Energy Enterprises Inc (NASDAQ:EOSE) has a beta value of 2.40 and has seen 4.4 million shares traded in the last trading session. The company, currently valued at $680.47M, closed the last trade at $3.14 per share which meant it gained $0.24 on the day or 8.28% during that session. The EOSE stock price is -5.1% off its 52-week high price of $3.30 and 80.57% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.97 million shares traded. The 3-month trading volume is 7.33 million shares.
The consensus among analysts is that Eos Energy Enterprises Inc (EOSE) is Buy stock at the moment, with a recommendation rating of 1.86. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.18.
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Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Sporting 8.28% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EOSE stock price touched $3.14 or saw a rise of 4.85%. Year-to-date, Eos Energy Enterprises Inc shares have moved 188.07%, while the 5-day performance has seen it change 0.32%. Over the past 30 days, the shares of Eos Energy Enterprises Inc (NASDAQ:EOSE) have changed 18.49%. Short interest in the company has seen 54.85 million shares shorted with days to cover at 8.42.
Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 47.67% from current levels. The projected low price target is $2.0 while the price target rests at a high of $10.0. In that case, then, we find that the current price level is -218.47% off the targeted high while a plunge would see the stock lose 36.31% from current levels.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Figures show that Eos Energy Enterprises Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 255.49% over the past 6 months, with this year growth rate of 56.91%, compared to 10.40% for the industry. Revenue growth from the last financial year stood is estimated to be 280.60%.
5 analysts offering their estimates for the company have set an average revenue estimate of 6.48M for the current quarter. 5 have an estimated revenue figure of 46.87M for the next ending quarter. Year-ago sales stood 684k and 6.61M respectively for this quarter and the next, and analysts expect sales will grow by 847.40% for the current quarter and 280.60% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 45.32% over the past 5 years.
EOSE Dividends
Eos Energy Enterprises Inc is expected to release its next earnings report on 2024-Nov-04 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
Insiders own 2.49% of the company shares, while shares held by institutions stand at 32.59% with a share float percentage of 33.43%. Investors are also buoyed by the number of investors in a company, with Eos Energy Enterprises Inc having a total of 144.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 8.6 million shares worth more than $10.92 million. As of 2024-06-30, VANGUARD GROUP INC held 4.2713% of shares outstanding.
The other major institutional holder is ELECTRON CAPITAL PARTNERS, LLC, with the holding of over 7.67 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.74 million and represent 3.81% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . As of Jun 30, 2024 , the former fund manager holds about 2.66% shares in the company for having 5.76 shares of worth $18.07 million while later fund manager owns 2.6 shares of worth $8.15 million as of Jun 30, 2024 , which makes it owner of about 1.20% of company’s outstanding stock.
