During the last session, ChargePoint Holdings Inc (NYSE:CHPT)’s traded shares were 14.66 million, with the beta value of the company hitting 2.26. At the end of the trading day, the stock’s price was $0.77, reflecting an intraday gain of 5.10% or $0.04. The 52-week high for the CHPT share is $2.44, that puts it down -216.88 from that peak though still a striking 33.77% gain since the share price plummeted to a 52-week low of $0.51. The company’s market capitalization is $353.71M, and the average trade volume was 15.29 million shares over the past three months.
ChargePoint Holdings Inc (CHPT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.07. CHPT has a Sell rating from 0 analyst(s) out of 15 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 12 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.06.
ChargePoint Holdings Inc (NYSE:CHPT) trade information
ChargePoint Holdings Inc (CHPT) registered a 5.10% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.10% in intraday trading to $0.77, hitting a weekly high. The stock’s 5-day price performance is 9.99%, and it has moved by 11.76% in 30 days. Based on these gigs, the overall price performance for the year is -55.45%.
The consensus price target of analysts on Wall Street is $1.75, which implies an increase of 56.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $2 respectively. As a result, CHPT is trading at a discount of -159.74% off the target high and -94.81% off the low.
ChargePoint Holdings Inc (CHPT) estimates and forecasts
In the rating firms’ projections, revenue will increase 10.13% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 100.62M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 109.04M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 107.04M and 108.54M respectively. In this case, analysts expect current quarter sales to shrink by -6.00% and then jump by 0.46% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 39.72%. While earnings are projected to return 34.62% in 2025, the next five years will return 42.40% per annum.
CHPT Dividends
ChargePoint Holdings Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ChargePoint Holdings Inc (NYSE:CHPT)’s Major holders
The next largest institutional holding, with 37.89 million shares, is of VANGUARD GROUP INC’s that is approximately 8.8615% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $57.21 million.
Also, the Mutual Funds coming in first place with the largest holdings of ChargePoint Holdings Inc (CHPT) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 12.62 shares. This amounts to just over 2.73 percent of the company’s overall shares, with a $9.67 million market value. The same data shows that the other fund manager holds slightly less at 10.87, or about 2.35% of the stock, which is worth about $8.33 million.
