In recent trading session, Eos Energy Enterprises Inc (NASDAQ:EOSE) saw 0.83 million shares changing hands at last check today with its beta currently measuring 2.30. Company’s recent per share price level of $2.85 trading at $0.15 or 5.37% at last check today assigns it a market valuation of $619.96M. That most recent trading price of EOSE’s stock is at a discount of -28.42% from its 52-week high price of $3.66 and is indicating a premium of 78.6% from its 52-week low price of $0.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.68 million shares which gives us an average trading volume of 7.07 million if we extend that period to 3-months.
For Eos Energy Enterprises Inc (EOSE), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.86. 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. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Eos Energy Enterprises Inc’s shares saw a change of 161.01% in year-to-date performance and have moved 13.35% in past 5-day. Eos Energy Enterprises Inc (NASDAQ:EOSE) showed a performance of -17.30% in past 30-days. Number of shares sold short was 57.33 million shares which calculate 7.39 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 52.5% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 10. It follows that stock’s current price would jump 29.82% in reaching the projected high whereas dropping to the targeted low would mean a gain of 29.82% for stock’s current value.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Statistics highlight that Eos Energy Enterprises Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 299.75% of value to its shares in past 6 months, showing an annual growth rate of -39.23% while that of industry is 8.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
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 45.32% during past 5 years.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
Insiders are in possession of 2.48% of company’s total shares while institution are holding 32.86 percent of that, with stock having share float percentage of 33.70%. Investors also watch the number of corporate investors in a company very closely, which is 32.86% institutions for Eos Energy Enterprises Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at EOSE for having 8.6 million shares of worth $10.92 million. And as of 2024-06-30, it was holding 4.2713 of the company’s outstanding shares.
The second largest institutional holder is ELECTRON CAPITAL PARTNERS, LLC, which was holding about 7.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.81 of outstanding shares, having a total worth of $9.74 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 5.76 shares of worth $16.63 million or 2.64% of the total outstanding shares. The later fund manager was in possession of 2.6 shares on Jun 30, 2024 , making its stake of worth around $7.5 million in the company or a holder of 1.19% of company’s stock.
