Eos Energy Enterprises Inc (NASDAQ: EOSE): Stock Investors Should Also Pay Attention To This Stock

During the last session, Eos Energy Enterprises Inc (NASDAQ:EOSE)’s traded shares were 13.0 million, with the beta value of the company hitting 2.09. At the end of the trading day, the stock’s price was $5.53, reflecting an intraday gain of 13.79% or $0.67. The 52-week high for the EOSE share is $5.42, that puts it up 1.99 from that peak though still a striking 88.97% gain since the share price plummeted to a 52-week low of $0.61. The company’s market capitalization is $1.21B, and the average intraday trading volume over the past 10 days was 11.33 million shares, and the average trade volume was 7.90 million shares over the past three months.

Eos Energy Enterprises Inc (EOSE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.86. EOSE has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information

Eos Energy Enterprises Inc (EOSE) registered a 13.79% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 13.79% in intraday trading to $5.53, hitting a weekly high. The stock’s 5-day price performance is 21.27%, and it has moved by 91.35% in 30 days. Based on these gigs, the overall price performance for the year is 426.67%. The short interest in Eos Energy Enterprises Inc (NASDAQ:EOSE) is 57.93 million shares and it means that shorts have 8.47 day(s) to cover.

The consensus price target of analysts on Wall Street is $6, which implies an increase of 7.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $10 respectively. As a result, EOSE is trading at a discount of -80.83% off the target high and 63.83% off the low.

Eos Energy Enterprises Inc (EOSE) estimates and forecasts

Statistics show that Eos Energy Enterprises Inc has underperformed its competitors in share price, compared to the industry in which it operates. Eos Energy Enterprises Inc (EOSE) shares have gone up 212.43% during the last six months, with a year-to-date growth rate less than the industry average at -39.23% against 9.30.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 45.32%. While earnings are projected to return -19.77% in 2025.

EOSE Dividends

Eos Energy Enterprises Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders

Eos Energy Enterprises Inc insiders own 2.47% of total outstanding shares while institutional holders control 32.84%, with the float percentage being 33.67%. VANGUARD GROUP INC is the largest shareholder of the company, while 149.0 institutions own stock in it. As of 2024-06-30, the company held over 8.6 million shares (or 4.2713% of all shares), a total value of $10.92 million in shares.

The next largest institutional holding, with 7.67 million shares, is of ELECTRON CAPITAL PARTNERS, LLC’s that is approximately 3.81% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $9.74 million.