Evgo Inc Stock Analysis
EVGO Stock | USD 2.12 0.04 1.92% |
Evgo Inc is undervalued with Real Value of 3.34 and Target Price of 7.25. The main objective of Evgo stock analysis is to determine its intrinsic value, which is an estimate of what Evgo Inc is worth, separate from its market price. There are two main types of Evgo's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Evgo's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Evgo's stock to identify patterns and trends that may indicate its future price movements.
The Evgo stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Evgo is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Evgo Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Evgo's ongoing operational relationships across important fundamental and technical indicators.
Evgo |
Evgo Stock Analysis Notes
About 44.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.37. Evgo Inc had not issued any dividends in recent years. EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company was incorporated in 2010 and is based in Los Angeles, California. Evgo operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 219 people. To learn more about Evgo Inc call Badar Khan at 877 494 3833 or check out https://www.evgo.com.Evgo Quarterly Total Revenue |
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Evgo Inc Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Evgo's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Evgo Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Evgo Inc generated a negative expected return over the last 90 days | |
Evgo Inc has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 160.95 M. Net Loss for the year was (42.09 M) with profit before overhead, payroll, taxes, and interest of 13.13 M. | |
Evgo Inc currently holds about 372.48 M in cash with (37.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Evgo Inc has a frail financial position based on the latest SEC disclosures | |
Latest headline from finance.yahoo.com: Motiv Names Scott Griffith as Chief Executive Officer and Board Member |
Evgo Inc Upcoming and Recent Events
Earnings reports are used by Evgo to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Evgo previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of April 2024 Upcoming Quarterly Report | View | |
14th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
4th of April 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Evgo Largest EPS Surprises
Earnings surprises can significantly impact Evgo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2024-05-07 | 2024-03-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2023-05-09 | 2023-03-31 | -0.21 | -0.18 | 0.03 | 14 | ||
2022-11-02 | 2022-09-30 | -0.15 | -0.19 | -0.04 | 26 |
Evgo Environmental, Social, and Governance (ESG) Scores
Evgo's ESG score is a quantitative measure that evaluates Evgo's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Evgo's operations that may have significant financial implications and affect Evgo's stock price as well as guide investors towards more socially responsible investments.
Evgo Thematic Classifications
In addition to having Evgo stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
![]() | RetailUSA Equities from Retail industry as classified by Fama & French |
Evgo Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Evgo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evgo Inc backward and forwards among themselves. Evgo's institutional investor refers to the entity that pools money to purchase Evgo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Nuveen Asset Management, Llc | 2023-12-31 | 582.4 K | Sir Capital Management, L.p. | 2024-03-31 | 541.8 K | First Trust Advisors L.p. | 2023-12-31 | 517.6 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 449.8 K | Wells Fargo & Co | 2023-12-31 | 421.5 K | Davy Asset Management Limited | 2024-03-31 | 358.1 K | Allianz Asset Management Ag | 2024-03-31 | 352 K | Bank Of New York Mellon Corp | 2023-12-31 | 350.5 K | Alps Advisors Inc | 2023-12-31 | 331.9 K | Vanguard Group Inc | 2024-03-31 | 9.7 M | Blackrock Inc | 2023-12-31 | 7.5 M |
Evgo Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 688.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evgo's market, we take the total number of its shares issued and multiply it by Evgo's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Evgo Profitablity
Evgo's profitability indicators refer to fundamental financial ratios that showcase Evgo's ability to generate income relative to its revenue or operating costs. If, let's say, Evgo is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Evgo's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Evgo's profitability requires more research than a typical breakdown of Evgo's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.21) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.59) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.59. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.06) | (0.06) | |
Return On Capital Employed | (0.23) | (0.24) | |
Return On Assets | (0.05) | (0.05) | |
Return On Equity | 0.26 | 0.28 |
Management Efficiency
Evgo Inc has return on total asset (ROA) of (0.1102) % which means that it has lost $0.1102 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2311) %, meaning that it created substantial loss on money invested by shareholders. Evgo's management efficiency ratios could be used to measure how well Evgo manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of May 2024, Return On Equity is likely to grow to 0.28, while Return On Tangible Assets are likely to drop (0.06). At this time, Evgo's Other Current Assets are very stable compared to the past year. As of the 21st of May 2024, Intangible Assets is likely to grow to about 55.5 M, while Net Tangible Assets are likely to drop (425 M).Last Reported | Projected for Next Year | ||
Book Value Per Share | (1.77) | (1.86) | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 5.08 | 2.97 | |
Enterprise Value Over EBITDA | (1.62) | (1.70) | |
Price Book Value Ratio | (2.02) | (1.92) | |
Enterprise Value Multiple | (1.62) | (1.70) | |
Price Fair Value | (2.02) | (1.92) | |
Enterprise Value | 605.7 M | 538.4 M |
The analysis of Evgo's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Evgo's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Evgo Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 2.533 |
Technical Drivers
As of the 21st of May, Evgo shows the Variance of 23.92, standard deviation of 4.89, and Mean Deviation of 3.58. Evgo Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Evgo Inc, which can be compared to its peers. Please confirm Evgo Inc mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Evgo Inc is priced favorably, providing market reflects its regular price of 2.12 per share. Please also check Evgo Inc jensen alpha, which is currently at (0.22) to verify the company can sustain itself at a future point.Evgo Inc Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Evgo middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Evgo Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Evgo Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Evgo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Evgo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Evgo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Evgo Predictive Daily Indicators
Evgo intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evgo stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Daily Balance Of Power | 9.2 T | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 2.12 | |||
Day Typical Price | 2.12 | |||
Price Action Indicator | 0.02 | |||
Period Momentum Indicator | 0.04 | |||
Relative Strength Index | 50.22 |
Evgo Corporate Filings
F4 | 20th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 16th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 14th of May 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 7th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
3rd of April 2024 Other Reports | ViewVerify | |
8K | 2nd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 19th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 7th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Evgo Forecast Models
Evgo's time-series forecasting models are one of many Evgo's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evgo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Evgo Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Evgo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evgo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Evgo. By using and applying Evgo Stock analysis, traders can create a robust methodology for identifying Evgo entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.84) | (0.88) | |
Operating Profit Margin | (1.02) | (1.08) | |
Net Loss | (0.26) | (0.27) | |
Gross Profit Margin | (0.06) | (0.07) |
Current Evgo Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Evgo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Evgo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
7.25 | Buy | 12 | Odds |
Most Evgo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Evgo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Evgo Inc, talking to its executives and customers, or listening to Evgo conference calls.
Evgo Stock Analysis Indicators
Evgo Inc stock analysis indicators help investors evaluate how Evgo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Evgo shares will generate the highest return on investment. By understating and applying Evgo stock analysis, traders can identify Evgo position entry and exit signals to maximize returns.
Begin Period Cash Flow | 246.2 M | |
Common Stock Shares Outstanding | 90.6 M | |
Total Stockholder Equity | -160.6 M | |
Tax Provision | 38 K | |
Quarterly Earnings Growth Y O Y | -0.896 | |
Property Plant And Equipment Net | 457 M | |
Cash And Short Term Investments | 209.1 M | |
Cash | 209.1 M | |
Accounts Payable | 10.1 M | |
Net Debt | -141.1 M | |
50 Day M A | 2.1358 | |
Total Current Liabilities | 89.3 M | |
Other Operating Expenses | 325.9 M | |
Non Current Assets Total | 540 M | |
Non Currrent Assets Other | 3 M | |
Stock Based Compensation | 29.7 M |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Evgo Inc information on this page should be used as a complementary analysis to other Evgo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Evgo Stock analysis
When running Evgo's price analysis, check to measure Evgo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evgo is operating at the current time. Most of Evgo's value examination focuses on studying past and present price action to predict the probability of Evgo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evgo's price. Additionally, you may evaluate how the addition of Evgo to your portfolios can decrease your overall portfolio volatility.
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Is Evgo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evgo. If investors know Evgo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (0.37) | Revenue Per Share 1.927 | Quarterly Revenue Growth 1.18 | Return On Assets (0.11) |
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evgo's market value can be influenced by many factors that don't directly affect Evgo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.