EVgo Inc (NASDAQ:EVGO) has a beta value of 2.39 and has seen 1.78 million shares traded in the recent trading session. The company, currently valued at $1.17B, closed the recent trade at $3.81 per share which meant it lost -$0.01 on the day or -0.39% during that session. The EVGO stock price is -138.06% off its 52-week high price of $9.07 and 42.52% above the 52-week low of $2.19. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.39 million shares traded. The 3-month trading volume is 4.53 million shares.
The consensus among analysts is that EVgo Inc (EVGO) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 7 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
EVgo Inc (NASDAQ:EVGO) trade information
Sporting -0.39% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the EVGO stock price touched $3.81 or saw a rise of 15.33%. Year-to-date, EVgo Inc shares have moved 87.44%, while the 5-day performance has seen it change -15.82%. Over the past 30 days, the shares of EVgo Inc (NASDAQ:EVGO) have changed -0.91%. Short interest in the company has seen 31.36 million shares shorted with days to cover at 5.39.
Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 30.73% from the levels at last check today.. The projected low price target is $4.0 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -109.97% off the targeted high while a plunge would see the stock gain -4.99% from the levels at last check today..
EVgo Inc (EVGO) estimates and forecasts
The company’s shares have lost -11.10% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -85.31% over the past 5 years. Earnings growth for 2025 is a modest 21.14% while over the next 5 years, the company’s earnings are expected to increase by 17.88%.
EVGO Dividends
EVgo Inc is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
EVgo Inc (NASDAQ:EVGO)’s Major holders
Insiders own 5.19% of the company shares, while shares held by institutions stand at 68.39% with a share float percentage of 72.13%. Investors are also buoyed by the number of investors in a company, with EVgo Inc having a total of 286.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 10.07 million shares worth more than $24.67 million. As of 2024-06-30, VANGUARD GROUP INC held 9.5364% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 6.9 million shares as of 2024-06-30. The firm’s total holdings are worth over $16.91 million and represent 6.5383% of shares outstanding.
