In the latest trading session, 1.43 million Eos Energy Enterprises Inc (NASDAQ:EOSE) shares changed hands as the company’s beta touched 2.14. With the company’s most recent per share price at $4.28 changed hands at -$0.2 or -4.58% at last look, the market valuation stands at $931.58M. EOSE’s current price is a discount, trading about -55.14% off its 52-week high of $6.64. The share price had its 52-week low at $0.61, which suggests the last value was 85.75% up since then.
Analysts gave the Eos Energy Enterprises Inc (EOSE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.25. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EOSE as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Eos Energy Enterprises Inc’s EPS for the current quarter is expected to be -0.21.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Instantly EOSE was in red as seen in intraday trades today. With action -12.76%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -12.04%, with the 5-day performance at -12.76% in the red. However, in the 30-day time frame, Eos Energy Enterprises Inc (NASDAQ:EOSE) is -30.94% down.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 28.67% from its recent market value. According to analyst projections, EOSE’s forecast low is 2 with 10 as the target high. To hit the forecast high, the stock’s price needs a -133.64% plunge from its current level, while the stock would need to tank 53.27% for it to hit the projected low.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Year-over-year growth is forecast to reach -8.81% down from the last financial year.
Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of 6.54M. 6 analysts are of the opinion that Eos Energy Enterprises Inc’s revenue for the current quarter will be 13.1M. The company’s revenue for the corresponding quarters a year ago was 6.61M and 6.6M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.03%. The estimates for the next quarter sales put growth at 98.43%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 45.32%. The 2025 estimates are for Eos Energy Enterprises Inc earnings to decrease by -36.07%.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
ELECTRON CAPITAL PARTNERS, LLC holds the second largest percentage of outstanding shares, with 3.6326% or 7.67 million shares worth $9.74 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 6.8 shares estimated at $28.95 million under it, the former controlled 3.12% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.50% of the shares, roughly 3.28 shares worth around $13.96 million.
