In the last trading session, 6.53 million Sunnova Energy International Inc (NYSE:NOVA) shares changed hands as the company’s beta touched 2.99. With the company’s per share price at $0.22 changed hands at $0.0 or -0.87% during last session, the market valuation stood at $27.22M. NOVA’s last price was a discount, traded about -5809.09% off its 52-week high of $13.00. The share price had its 52-week low at $0.15, which suggests the last value was 31.82% up since then.
Analysts gave the Sunnova Energy International Inc (NOVA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.29. If we narrow down to specifics, the data shows that 0 out of 15 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 5 recommended NOVA as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight.
Sunnova Energy International Inc (NYSE:NOVA) trade information
Instantly NOVA was in red as seen at the end of in last trading. With action 6.70%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -93.69%, with the 5-day performance at 6.70% in the green. However, in the 30-day time frame, Sunnova Energy International Inc (NYSE:NOVA) is 17.02% up.
The consensus price target for the stock as assigned by Wall Street analysts is 1.5, meaning bulls need an upside of 85.33% from its current market value. According to analyst projections, NOVA’s forecast low is 1 with 2 as the target high. To hit the forecast high, the stock’s price needs a -809.09% plunge from its current level, while the stock would need to soar -354.55% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 6.50%. The 2025 estimates are for Sunnova Energy International Inc earnings to decrease by -6.12%, but the outlook for the next 5-year period is at 6.83% per year.
NOVA Dividends
Sunnova Energy International Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.6602% or 13.24 million shares worth $73.9 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 iShares Trust-iShares Russell 2000 ETF . With 3.45 shares estimated at $0.75 million under it, the former controlled 2.74% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.58% of the shares, roughly 3.25 shares worth around $0.7 million.
