After Falling -16.31% During The Past Week, Should You Still Buy Energy Services of America Corp (NASDAQ: ESOA)?

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Energy Services of America Corp (NASDAQ:ESOA)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 0.84. At the close of trading, the stock’s price was $13.19, to imply a decrease of -3.86% or -$0.53 in intraday trading. The ESOA share’s 52-week high remains $19.83, putting it -50.34% down since that peak but still an impressive 60.42% since price per share fell to its 52-week low of $5.22. The company has a valuation of $219.24M, with an average of 0.35 million shares in intraday trading volume over the past 10 days and average of 205.30K shares over the past 3 months.

Energy Services of America Corp (NASDAQ:ESOA) trade information

After registering a -3.86% downside in the last session, Energy Services of America Corp (ESOA) has traded red over the past five days. The 5-day price performance for the stock is -16.31%, and -18.23% over 30 days. With these gigs, the year-to-date price performance is 120.57%. Short interest in Energy Services of America Corp (NASDAQ:ESOA) saw shorts transact 0.35 million shares and set a 1.8 days time to cover.

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Energy Services of America Corp (ESOA) estimates and forecasts

The rating firms project that company’s revenue will shrink -0.63% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 85.3M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 70.2M.Earnings reports from the last fiscal year show that sales brought in 90.16M and 71.13M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -5.39% before dropping -1.30% in the following quarter.

ESOA Dividends

Energy Services of America Corp 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. Energy Services of America Corp has a forward dividend ratio of 0.03, with the share yield ticking at 0.23% to continue the rising pattern observed over the past year.

Energy Services of America Corp (NASDAQ:ESOA)’s Major holders

Energy Services of America Corp insiders hold 35.68% of total outstanding shares, with institutional holders owning 29.93% of the shares at 46.53% float percentage. In total, 29.93% institutions holds shares in the company, led by THOMPSON DAVIS & CO., INC.. As of 2024-06-30, the company held over 0.58 million shares (or 3.515% of shares), all amounting to roughly $4.17 million.

The next major institution holding the largest number of shares is VANGUARD GROUP INC with 0.48 million shares, or about 2.8809% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.42 million.

We also have Vanguard Total Stock Market Index Fund and Avantis U.S. Small Cap Value ETF as the top two Mutual Funds with the largest holdings of the Energy Services of America Corp (ESOA) shares. Going by data provided on Sep 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 340.56 shares. This is just over 2.10% of the total shares, with a market valuation of $4.49 million. Data from the same date shows that the other fund manager holds a little less at 154.36, or 0.95% of the shares, all valued at about 2.04 million.