In last trading session, Eos Energy Enterprises Inc (NASDAQ:EOSE) saw 17.36 million shares changing hands with its beta currently measuring 2.29. Company’s recent per share price level of $4.04 trading at $0.13 or 3.32% at ring of the bell on the day assigns it a market valuation of $880.37M. That closing price of EOSE’s stock is at a discount of -2.72% from its 52-week high price of $4.15 and is indicating a premium of 84.9% 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 8.5 million shares which gives us an average trading volume of 7.20 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 1.75. 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. The company is expected to be making an EPS of -0.2 in the current quarter.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Upright in the green during last session for gaining 3.32%, in the last five days EOSE remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $4.04 price level, adding 12.17% to its value on the day. Eos Energy Enterprises Inc’s shares saw a change of 270.64% in year-to-date performance and have moved 25.47% in past 5-day. Eos Energy Enterprises Inc (NASDAQ:EOSE) showed a performance of 87.91% in past 30-days. Number of shares sold short was 58.5 million shares which calculate 7.84 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 32.67% to its current value. 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 50.5% in reaching the projected high whereas dropping to the targeted low would mean a gain of 50.5% 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 341.77% of value to its shares in past 6 months, showing an annual growth rate of -39.23% while that of industry is 11.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -11.00% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 6.21M for the same. And 4 analysts are in estimates of company making revenue of 20.7M in the next quarter. Company posted 6.61M and 6.6M of sales in current and next quarters respectively a year earlier.
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 32.90 percent of that, with stock having share float percentage of 33.73%. Investors also watch the number of corporate investors in a company very closely, which is 32.90% 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.
