During the last session, ChargePoint Holdings Inc (NYSE:CHPT)’s traded shares were 17.4 million, with the beta value of the company hitting 2.24. At the end of the trading day, the stock’s price was $0.69, reflecting an intraday gain of 0.42% or $0.01. The 52-week high for the CHPT share is $2.44, that puts it down -253.62 from that peak though still a striking 26.09% gain since the share price plummeted to a 52-week low of $0.51. The company’s market capitalization is $316.97M, and the average intraday trading volume over the past 10 days was 21.75 million shares, and the average trade volume was 16.08 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 3.17. 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.
ChargePoint Holdings Inc (NYSE:CHPT) trade information
ChargePoint Holdings Inc (CHPT) registered a 0.42% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.42% in intraday trading to $0.69, hitting a weekly high. The stock’s 5-day price performance is -12.65%, and it has moved by -1.48% in 30 days. Based on these gigs, the overall price performance for the year is -59.37%. The short interest in ChargePoint Holdings Inc (NYSE:CHPT) is 92.06 million shares and it means that shorts have 9.0 day(s) to cover.
The consensus price target of analysts on Wall Street is $1.5, which implies an increase of 54.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $1.5 respectively. As a result, CHPT is trading at a discount of -117.39% off the target high and -117.39% off the low.
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 33.42% in 2025, the next five years will return 32.46% per annum.
CHPT Dividends
ChargePoint Holdings Inc is due to release its next quarterly earnings on 2025-Jun-04. 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
ChargePoint Holdings Inc insiders own 0.97% of total outstanding shares while institutional holders control 42.69%, with the float percentage being 43.11%. ANTARA CAPITAL LP is the largest shareholder of the company, while 367.0 institutions own stock in it. As of 2024-06-30, the company held over 45.16 million shares (or 10.563% of all shares), a total value of $68.19 million in shares.
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.
