Energy Vault Holdings Inc (NYSE:NRGV)’s traded shares stood at 1.29 million during the last session, with the company’s beta value hitting 0.80. At the close of trading, the stock’s price was $0.98, to imply an increase of 5.48% or $0.05 in intraday trading. The NRGV share’s 52-week high remains $2.69, putting it -174.49% down since that peak but still an impressive 38.78% since price per share fell to its 52-week low of $0.60.
Analysts have given a consensus recommendation of Buy for Energy Vault Holdings Inc (NRGV), translating to a mean rating of 2.00. Of 4 analyst(s) looking at the stock, 1 analyst(s) give NRGV a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.12.
Energy Vault Holdings Inc (NYSE:NRGV) trade information
After registering a 5.48% upside in the last session, Energy Vault Holdings Inc (NRGV) has traded red over the past five days. The 5-day price performance for the stock is 8.51%, and 51.19% over 30 days. With these gigs, the year-to-date price performance is -57.16%.
The extremes give us $0.75 and $5 for target low and target high price respectively. As such, NRGV has been trading -410.2% off suggested target high and 23.47% from its likely low.
Energy Vault Holdings Inc (NRGV) estimates and forecasts
The rating firms project that company’s revenue will grow 353.11% compared to the previous financial year.
Revenue forecast for the current quarter as set by 4 analysts is 25.93M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 54.83M.Earnings reports from the last fiscal year show that sales brought in 3.77M and 1.2M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 587.88% before jumping 4,473.17% in the following quarter.
NRGV Dividends
Energy Vault Holdings Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is SAILINGSTONE CAPITAL PARTNERS LLC with 8.15 million shares, or about 5.4628% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.74 million.
