Evolv Technologies Holdings Inc (NASDAQ:EVLV) has a beta value of 1.68 and has seen 0.64 million shares traded in the recent trading session. The company, currently valued at $616.02M, closed the recent trade at $3.91 per share which meant it gained $0.14 on the day or 3.71% during that session. The EVLV stock price is -46.55% off its 52-week high price of $5.73 and 48.59% above the 52-week low of $2.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.65 million shares traded. The 3-month trading volume is 2.40 million shares.
The consensus among analysts is that Evolv Technologies Holdings Inc (EVLV) is Buy stock at the moment, with a recommendation rating of 2.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.06.
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Evolv Technologies Holdings Inc (NASDAQ:EVLV) trade information
Sporting 3.71% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EVLV stock price touched $3.91 or saw a rise of 4.4%. Year-to-date, Evolv Technologies Holdings Inc shares have moved -17.16%, while the 5-day performance has seen it change -2.74%. Over the past 30 days, the shares of Evolv Technologies Holdings Inc (NASDAQ:EVLV) have changed 45.90%. Short interest in the company has seen 14.91 million shares shorted with days to cover at 4.84.
Wall Street analysts have a consensus price target for the stock at $2.75, which means that the shares’ value could drop -42.18% from the levels at last check today. The projected low price target is $2.75 while the price target rests at a high of $2.75. In that case, then, we find that the latest price level in today’s session is 29.67% off the targeted high while a plunge would see the stock lose 29.67% from the levels at last check today.
Evolv Technologies Holdings Inc (EVLV) estimates and forecasts
Figures show that Evolv Technologies Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 81.02% over the past 6 months, with this year growth rate of 63.38%, compared to 14.20% for the industry. Revenue growth from the last financial year stood is estimated to be 26.16%.
4 analysts offering their estimates for the company have set an average revenue estimate of 26.42M for the current quarter. 4 have an estimated revenue figure of 27.81M for the next ending quarter. Year-ago sales stood 20.19M and 21.82M respectively for this quarter and the next, and analysts expect sales will grow by 30.84% for the current quarter and 26.16% for the next.
EVLV Dividends
Evolv Technologies Holdings Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Evolv Technologies Holdings Inc (NASDAQ:EVLV)’s Major holders
Insiders own 17.08% of the company shares, while shares held by institutions stand at 60.99% with a share float percentage of 73.55%. Investors are also buoyed by the number of investors in a company, with Evolv Technologies Holdings Inc having a total of 237.0 institutions that hold shares in the company. The top two institutional holders are GENERAL CATALYST GROUP MANAGEMENT, LLC with over 10.8 million shares worth more than $27.53 million. As of 2024-06-30, GENERAL CATALYST GROUP MANAGEMENT, LLC held 7.0528% of shares outstanding.
The other major institutional holder is DATA COLLECTIVE IV GP, LLC, with the holding of over 9.68 million shares as of 2024-06-30. The firm’s total holdings are worth over $24.69 million and represent 6.3245% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 2.19% shares in the company for having 3.44 shares of worth $13.34 million while later fund manager owns 3.37 shares of worth $13.05 million as of Sep 30, 2024, which makes it owner of about 2.14% of company’s outstanding stock.
