In today’s recent session, 0.85 million shares of the Eos Energy Enterprises Inc (NASDAQ:EOSE) have been traded, and its beta is 2.11. Most recently the company’s share price was $4.51, and it changed around $0.12 or 2.85% from the last close, which brings the market valuation of the company to $1.02B. EOSE at last check was trading at a discount to its 52-week high of $6.64, offering almost -47.23% off that amount. The share price’s 52-week low was $0.61, which indicates that the recent value has risen by an impressive 86.47% since then. We note from Eos Energy Enterprises Inc’s average daily trading volume that its 10-day average is 4.33 million shares, with the 3-month average coming to 7.35 million.
Eos Energy Enterprises Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.25. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended EOSE as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Eos Energy Enterprises Inc is expected to report earnings per share of -0.16 for the current quarter.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Instantly EOSE has been showing a green trend so far today with a performance of 2.85% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.58 on recent trading dayincreased the stock’s daily price by 1.53%. The company’s shares are currently down -7.10% year-to-date, but still up 8.53% over the last five days. On the other hand, Eos Energy Enterprises Inc (NASDAQ:EOSE) is 0.78% up in the 30-day period. We can see from the shorts that 66.96 million shares have been sold at a short interest cover period of 10.31 day(s).
The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 24.83% from its current value. Analyst projections state that EOSE is forecast to be at a low of $2 and a high of $10.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
The year-over-year growth rate is expected to be 988.90%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 11.77M in revenue for the current quarter. 7 analysts expect Eos Energy Enterprises Inc to make 29.27M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 6.6M and 898k respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 78.27%. Forecasts for the next quarter put sales growth at 3,159.35%. Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 25.80%.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 2.37% of Eos Energy Enterprises Inc shares, and 41.35% of them are in the hands of institutional investors. The stock currently has a share float of 42.36%. Eos Energy Enterprises Inc stock is held by 187.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 4.2713% of the shares, which is about 8.6 million shares worth $10.92 million.
ELECTRON CAPITAL PARTNERS, LLC, with 3.6326% or 7.67 million shares worth $9.74 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024. The former held 6.27 shares worth $28.18 million, making up 2.77% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 3.36 shares worth around $15.09 million, which represents about 1.48% of the total shares outstanding.
