Eos Energy Enterprises Inc (NASDAQ:EOSE)’s traded shares stood at 4.69 million during the last session, with the company’s beta value hitting 2.40. At the close of trading, the stock’s price was $3.13, to imply an increase of 1.95% or $0.06 in intraday trading. The EOSE share’s 52-week high remains $3.66, putting it -16.93% down since that peak but still an impressive 80.51% since price per share fell to its 52-week low of $0.61. The company has a valuation of $678.30M, with an average of 6.33 million shares in intraday trading volume over the past 10 days and average of 6.83 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Eos Energy Enterprises Inc (EOSE), translating to a mean rating of 1.86. Of 4 analyst(s) looking at the stock, 0 analyst(s) give EOSE a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.18.
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Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
After registering a 1.95% upside in the last session, Eos Energy Enterprises Inc (EOSE) has traded red over the past five days. The 5-day price performance for the stock is -5.72%, and 26.21% over 30 days. With these gigs, the year-to-date price performance is 187.16%. Short interest in Eos Energy Enterprises Inc (NASDAQ:EOSE) saw shorts transact 54.85 million shares and set a 8.42 days time to cover.
The extremes give us $2 and $10 for target low and target high price respectively. As such, EOSE has been trading -219.49% off suggested target high and 36.1% from its likely low.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Looking at statistics comparing Eos Energy Enterprises Inc share performance against respective industry, we note that the company has outperformed competitors. Eos Energy Enterprises Inc (EOSE) shares are 318.39% up over the last 6 months, with its year-to-date growth rate higher than industry average at 56.91% against 13.40%. Revenue is forecast to shrink -263.60% this quarter before jumping 6.30% for the next one. The rating firms project that company’s revenue will grow 280.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 6.48M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 46.87M.Earnings reports from the last fiscal year show that sales brought in 684k and 6.61M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 847.40% before jumping 609.10% in the following quarter.
EOSE Dividends
Eos Energy Enterprises Inc has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
Eos Energy Enterprises Inc insiders hold 2.49% of total outstanding shares, with institutional holders owning 32.63% of the shares at 33.46% float percentage. In total, 32.63% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 8.6 million shares (or 4.2713% of shares), all amounting to roughly $10.92 million.
The next major institution holding the largest number of shares is ELECTRON CAPITAL PARTNERS, LLC with 7.67 million shares, or about 3.81% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $9.74 million.
