Aeva Technologies Inc (NYSE:AEVA)’s traded shares stood at 0.49 million during the last session. At the close of trading, the stock’s price was $4.77, to imply a decrease of -0.21% or -$0.01 in intraday trading. The AEVA share’s 52-week high remains $7.25, putting it -51.99% down since that peak but still an impressive 53.88% since price per share fell to its 52-week low of $2.20. The company has a valuation of $257.02M, with an average of 0.42 million shares in intraday trading volume over the past 10 days and average of 370.30K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Aeva Technologies Inc (AEVA), translating to a mean rating of 1.80. Of 4 analyst(s) looking at the stock, 0 analyst(s) give AEVA a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 0 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 -0.58.
Aeva Technologies Inc (NYSE:AEVA) trade information
After registering a -0.21% downside in the last session, Aeva Technologies Inc (AEVA) has traded red over the past five days. The 5-day price performance for the stock is 23.26%, and 5.30% over 30 days. With these gigs, the year-to-date price performance is 25.91%. Short interest in Aeva Technologies Inc (NYSE:AEVA) saw shorts transact 1.65 million shares and set a 3.81 days time to cover.
The extremes give us $5 and $5 for target low and target high price respectively. As such, AEVA has been trading -4.82% off suggested target high and -4.82% from its likely low.
Aeva Technologies Inc (AEVA) estimates and forecasts
Looking at statistics comparing Aeva Technologies Inc share performance against respective industry, we note that the company has outperformed competitors. Aeva Technologies Inc (AEVA) shares are 89.29% up over the last 6 months, with its year-to-date growth rate higher than industry average at 11.37% against 8.40%. The rating firms project that company’s revenue will grow 53.64% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 2.47M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 2.55M.Earnings reports from the last fiscal year show that sales brought in 1.61M and 2.11M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 53.11% before jumping 21.03% in the following quarter.
AEVA Dividends
Aeva Technologies Inc has its next earnings report out in January. 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.
Aeva Technologies Inc (NYSE:AEVA)’s Major holders
Aeva Technologies Inc insiders hold 37.89% of total outstanding shares, with institutional holders owning 45.89% of the shares at 73.88% float percentage. In total, 45.89% institutions holds shares in the company, led by CANAAN PARTNERS XI LLC. As of 2024-06-30, the company held over 3.7 million shares (or 7.0096% of shares), all amounting to roughly $9.32 million.
The next major institution holding the largest number of shares is BBR PARTNERS, LLC with 40020.0 shares, or about 0.0759% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.1 million.
