Investor Confidence Dwindles After Eos Energy Enterprises Inc. (NASDAQ: EOSE) Shares Drop By About -0.18

Eos Energy Enterprises Inc (NASDAQ:EOSE) has a beta value of 2.15 and has seen 1.43 million shares traded in the recent trading session. The company, currently valued at $851.79M, closed the recent trade at $3.76 per share which meant it lost -$0.18 on the day or -4.59% during that session. The EOSE stock price is -76.6% off its 52-week high price of $6.64 and 83.78% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.37 million shares traded. The 3-month trading volume is 6.83 million shares.

The consensus among analysts is that Eos Energy Enterprises Inc (EOSE) is Buy stock at the moment, with a recommendation rating of 2.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.16.

Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information

Sporting -4.59% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EOSE stock price touched $3.76 or saw a rise of 13.96%. Year-to-date, Eos Energy Enterprises Inc shares have moved -22.65%, while the 5-day performance has seen it change -13.59%. Over the past 30 days, the shares of Eos Energy Enterprises Inc (NASDAQ:EOSE) have changed -13.98%. Short interest in the company has seen 68.04 million shares shorted with days to cover at 11.03.

Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 37.33% from the levels at last check today.. The projected low price target is $2.0 while the price target rests at a high of $10.0. In that case, then, we find that the latest price level in today’s session is -165.96% off the targeted high while a plunge would see the stock lose 46.81% from the levels at last check today..

Eos Energy Enterprises Inc (EOSE) estimates and forecasts

The company’s shares have gained 45.14% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 988.90%.

7 analysts offering their estimates for the company have set an average revenue estimate of 11.77M for the current quarter. 7 have an estimated revenue figure of 29.27M for the next ending quarter. Year-ago sales stood 6.6M and 898k respectively for this quarter and the next, and analysts expect sales will grow by 78.27% for the current quarter and 988.90% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 25.80% over the past 5 years.

EOSE Dividends

Eos Energy Enterprises Inc is expected to release its next earnings report on 2025-Mar-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 2.37% of the company shares, while shares held by institutions stand at 41.27% with a share float percentage of 42.27%. Investors are also buoyed by the number of investors in a company, with Eos Energy Enterprises Inc having a total of 188.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 8.6 million shares worth more than $10.92 million. As of 2024-06-30, VANGUARD GROUP INC held 4.2713% of shares outstanding.

The other major institutional holder is ELECTRON CAPITAL PARTNERS, LLC, with the holding of over 7.67 million shares as of 2024-06-30. The firm’s total holdings are worth over $9.74 million and represent 3.6326% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.77% shares in the company for having 6.27 shares of worth $23.48 million while later fund manager owns 3.36 shares of worth $12.57 million as of Dec 31, 2024 , which makes it owner of about 1.48% of company’s outstanding stock.