After A -16.41% Drop In Share Price, Is ESS Tech Inc (NYSE:GWH) A Better Trade Than Others?

In last trading session, ESS Tech Inc (NYSE:GWH) saw 0.31 million shares changing hands with its beta currently measuring 1.44. Company’s recent per share price level of $2.14 trading at -$0.42 or -16.41% at ring of the bell on the day assigns it a market valuation of $25.91M. That closing price of GWH’s stock is at a discount of -558.88% from its 52-week high price of $14.10 and is indicating a premium of 8.41% from its 52-week low price of $1.96. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 85210.0 shares which gives us an average trading volume of 68.12K if we extend that period to 3-months.

For ESS Tech Inc (GWH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

ESS Tech Inc (NYSE:GWH) trade information

Upright in the red during last session for losing -16.41%, in the last five days GWH remained trading in the red while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $2.14 price level, adding 32.7% to its value on the day. ESS Tech Inc’s shares saw a change of -63.61% in year-to-date performance and have moved -4.89% in past 5-day. ESS Tech Inc (NYSE:GWH) showed a performance of -3.17% in past 30-days. Number of shares sold short was 0.46 million shares which calculate 8.72 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 28.67% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -40.19% in reaching the projected high whereas dropping to the targeted low would mean a loss of -40.19% for stock’s current value.

ESS Tech Inc (GWH) estimates and forecasts

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.40% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 40.16% while estimates for its earnings growth in next 5 years are of 21.10%.

ESS Tech Inc (NYSE:GWH)’s Major holders

Insiders are in possession of 35.79% of company’s total shares while institution are holding 28.22 percent of that, with stock having share float percentage of 43.95%. Investors also watch the number of corporate investors in a company very closely, which is 28.22% institutions for ESS Tech Inc that are currently holding shares of the company. SOFTBANK GROUP CORP. is the top institutional holder at GWH for having 35.95 million shares of worth $29.41 million. And as of 2024-06-30, it was holding 20.4563 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.88 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6365 of outstanding shares, having a total worth of $2.35 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 123.67 shares of worth $0.26 million or 1.02% of the total outstanding shares. The later fund manager was in possession of 62.73 shares on Dec 31, 2024 , making its stake of worth around $0.13 million in the company or a holder of 0.52% of company’s stock.

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