In the last trading session, 7.63 million Eos Energy Enterprises Inc (NASDAQ:EOSE) shares changed hands as the company’s beta touched 2.07. With the company’s per share price at $3.30 changed hands at -$0.24 or -6.78% during last session, the market valuation stood at $747.78M. EOSE’s last price was a discount, traded about -101.21% 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 81.52% up since then. When we look at Eos Energy Enterprises Inc’s average trading volume, we note the 10-day average is 4.91 million shares, with the 3-month average coming to 6.42 million.
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 -0.16.
Eos Energy Enterprises Inc (NASDAQ:EOSE) trade information
Instantly EOSE was in red as seen at the end of in last trading. With action -17.71%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.10%, with the 5-day performance at -17.71% in the red. However, in the 30-day time frame, Eos Energy Enterprises Inc (NASDAQ:EOSE) is -16.24% down. Looking at the short shares, we see there were 68.04 million shares sold at short interest cover period of 11.03 days.
The consensus price target for the stock as assigned by Wall Street analysts is 6, meaning bulls need an upside of 45.0% from its current 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 -203.03% plunge from its current level, while the stock would need to tank 39.39% for it to hit the projected low.
Eos Energy Enterprises Inc (EOSE) estimates and forecasts
Year-over-year growth is forecast to reach 988.90% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 11.77M. 7 analysts are of the opinion that Eos Energy Enterprises Inc’s revenue for the current quarter will be 29.27M. The company’s revenue for the corresponding quarters a year ago was 6.6M and 898k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 78.27%. The estimates for the next quarter sales put growth at 3,159.35%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.80%. The 2025 estimates are for Eos Energy Enterprises Inc earnings to increase by 87.61%.
EOSE Dividends
Eos Energy Enterprises Inc is expected to release its next quarterly earnings report on 2025-Mar-03.
Eos Energy Enterprises Inc (NASDAQ:EOSE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.37% of Eos Energy Enterprises Inc shares while 41.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 42.28%. There are 41.28% institutions holding the Eos Energy Enterprises Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.2713% of the shares, roughly 8.6 million EOSE shares worth $10.92 million.
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 Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 6.27 shares estimated at $20.69 million under it, the former controlled 2.77% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.48% of the shares, roughly 3.36 shares worth around $11.08 million.
