With 4.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.33 million shares. The 52-week range on EVGO shows that it touched its highest point at $9.07 and its lowest point at $1.95 during that stretch. It currently has a 1-year price target of $6.20. Beta for the stock currently stands at 2.41.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVGO was up-trending over the past week, with a rise of 10.03%, but this was up by 14.44% over a month. Three-month performance surged to 78.33% while six-month performance fell -32.81%. The stock gained 109.80% in the past year, while it has gained 5.68% so far this year. A look at the trailing 12-month EPS for EVGO yields -0.40 with Next year EPS estimates of -0.35. For the next quarter, that number is -0.11. This implies an EPS growth rate of 20.53% for this year and -6.03% for next year. EPS is expected to grow by 17.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -85.31%.
Float and Shares Shorts:
At present, 133.31 million EVGO shares are outstanding with a float of 126.69 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVGO since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.36238 being high and -$0.53451 being low. For EVGO, this leads to a yearly average estimate of -$0.40768.
