Is Envirotech Vehicles Stock a Good Investment?
Envirotech Vehicles Investment Advice | EVTV |
- Examine Envirotech Vehicles' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Envirotech Vehicles' leadership team and their track record. Good management can help Envirotech Vehicles navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Envirotech Vehicles' business and its evolving consumer preferences.
- Compare Envirotech Vehicles' performance and market position to its competitors. Analyze how Envirotech Vehicles is positioned in terms of product offerings, innovation, and market share.
- Check if Envirotech Vehicles pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Envirotech Vehicles' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Envirotech Vehicles stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Envirotech Vehicles is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Envirotech Vehicles Stock
Researching Envirotech Vehicles' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.41. Some equities with similar Price to Book (P/B) outperform the market in the long run. Envirotech Vehicles recorded a loss per share of 0.62. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 27th of June 2022.
To determine if Envirotech Vehicles is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Envirotech Vehicles' research are outlined below:
| Envirotech Vehicles generated a negative expected return over the last 90 days | |
| Envirotech Vehicles may become a speculative penny stock | |
| Envirotech Vehicles has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.86 M. Net Loss for the year was (12.68 M) with profit before overhead, payroll, taxes, and interest of 1.73 M. | |
| Envirotech Vehicles currently holds about 4.6 M in cash with (4.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Envirotech Vehicles has a frail financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Envirotech Vehicles Q3 Earnings Snapshot - Thehour.com |
Envirotech Vehicles Quarterly Good Will |
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Envirotech Vehicles uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Envirotech Vehicles. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Envirotech Vehicles' 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.
| 23rd of September 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Envirotech Vehicles' 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. Below are the table of largest EPS Surprises Envirotech Vehicles' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-08-19 | 2021-06-30 | -0.005 | -0.0032 | 0.0018 | 36 | ||
2019-07-29 | 2019-06-30 | -0.47 | -0.4 | 0.07 | 14 | ||
2019-05-02 | 2019-03-31 | -0.47 | -0.4 | 0.07 | 14 | ||
2020-03-10 | 2019-12-31 | -0.3 | -0.4 | -0.1 | 33 | ||
2018-10-24 | 2018-09-30 | -0.5 | -0.4 | 0.1 | 20 | ||
2022-08-15 | 2022-06-30 | -0.2 | -0.07 | 0.13 | 65 | ||
2021-11-12 | 2021-09-30 | -0.2 | -0.0029 | 0.1971 | 98 | ||
2021-12-31 | 2021-12-31 | -0.2 | -0.4 | -0.2 | 100 |
Know Envirotech Vehicles' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Envirotech Vehicles is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Envirotech Vehicles backward and forwards among themselves. Envirotech Vehicles' institutional investor refers to the entity that pools money to purchase Envirotech Vehicles' 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 | Corecap Advisors, Llc | 2024-06-30 | 2 K | Simplex Trading, Llc | 2024-06-30 | 1.1 K | Atwood & Palmer Inc | 2024-09-30 | 650 | Tower Research Capital Llc | 2024-06-30 | 555 | Royal Bank Of Canada | 2024-06-30 | 247 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 120 | Bank Of America Corp | 2024-06-30 | 114 | Jpmorgan Chase & Co | 2024-06-30 | 41.0 | Davis Capital Management | 2024-09-30 | 3.0 | Vanguard Group Inc | 2024-09-30 | 485.4 K | Blackrock Inc | 2024-06-30 | 160.5 K |
Envirotech Vehicles' market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.76 M.Market Cap |
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Envirotech Vehicles' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.97) | (1.02) | |
| Return On Capital Employed | (0.61) | (0.64) | |
| Return On Assets | (0.56) | (0.59) | |
| Return On Equity | (0.61) | (0.65) |
Determining Envirotech Vehicles' profitability involves analyzing its financial statements and using various financial metrics to determine if Envirotech Vehicles is a good buy. For example, gross profit margin measures Envirotech Vehicles' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Envirotech Vehicles' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Envirotech Vehicles' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Envirotech Vehicles. Check Envirotech Vehicles' Beneish M Score to see the likelihood of Envirotech Vehicles' management manipulating its earnings.
Evaluate Envirotech Vehicles' management efficiency
Envirotech Vehicles has return on total asset (ROA) of (0.1983) % which means that it has lost $0.1983 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6173) %, meaning that it created substantial loss on money invested by shareholders. Envirotech Vehicles' management efficiency ratios could be used to measure how well Envirotech Vehicles manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.02 in 2024. Return On Capital Employed is likely to drop to -0.64 in 2024. At this time, Envirotech Vehicles' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 12.7 M in 2024, whereas Net Tangible Assets are likely to drop slightly above 14.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.37 | 1.26 | |
| Tangible Book Value Per Share | 0.73 | 0.65 | |
| Enterprise Value Over EBITDA | (2.78) | (2.92) | |
| Price Book Value Ratio | 0.99 | 1.04 | |
| Enterprise Value Multiple | (2.78) | (2.92) | |
| Price Fair Value | 0.99 | 1.04 | |
| Enterprise Value | 20.8 M | 18.3 M |
Understanding the operational decisions made by Envirotech Vehicles management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.76 |
Basic technical analysis of Envirotech Stock
As of the 22nd of November, Envirotech Vehicles shows the Standard Deviation of 4.54, variance of 20.58, and Mean Deviation of 3.1. Envirotech Vehicles 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. Please confirm Envirotech Vehicles risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Envirotech Vehicles is priced favorably, providing market reflects its regular price of 1.4 per share. Please also check Envirotech Vehicles jensen alpha, which is currently at (0.42) to verify the company can sustain itself at a future point.Envirotech Vehicles' 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 Envirotech Vehicles insiders, such as employees or executives, is commonly permitted as long as it does not rely on Envirotech Vehicles' 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 Envirotech Vehicles 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.
Reynolds James L. over two weeks ago Disposition of 200000 shares by Reynolds James L. of Envirotech Vehicles subject to Rule 16b-3 | ||
Kanning Kevin G. over two months ago Acquisition by Kanning Kevin G. of 50000 shares of Envirotech Vehicles at 0.45 subject to Rule 16b-3 | ||
Kanning Kevin G. over three months ago Acquisition by Kanning Kevin G. of 5000 shares of Envirotech Vehicles at 0.15 subject to Rule 16b-3 | ||
Menerey Michael K. over six months ago Acquisition by Menerey Michael K. of 1000 shares of Envirotech Vehicles at 0.3732 subject to Rule 16b-3 | ||
Menerey Michael K. over six months ago Acquisition by Menerey Michael K. of 135000 shares of Envirotech Vehicles at 1.31 subject to Rule 16b-3 | ||
Roselli John H over a year ago Purchase by Roselli John H of 1000 shares of Envirotech Vehicles | ||
Reynolds James L over a year ago Purchase by Reynolds James L of 1000 shares of Envirotech Vehicles |
Understand Envirotech Vehicles' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Envirotech Vehicles' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 3.1 | |||
| Coefficient Of Variation | (1,445) | |||
| Standard Deviation | 4.54 | |||
| Variance | 20.58 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 24.7 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 8.02 | |||
| Skewness | (0.0002) | |||
| Kurtosis | 2.32 |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 3.1 | |||
| Coefficient Of Variation | (1,445) | |||
| Standard Deviation | 4.54 | |||
| Variance | 20.58 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 24.7 | |||
| Value At Risk | (5.76) | |||
| Potential Upside | 8.02 | |||
| Skewness | (0.0002) | |||
| Kurtosis | 2.32 |
Consider Envirotech Vehicles' intraday indicators
Envirotech Vehicles 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 Envirotech Vehicles 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.
| Accumulation Distribution | 12728.17 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.87 | |||
| Day Median Price | 1.54 | |||
| Day Typical Price | 1.49 | |||
| Price Action Indicator | (0.25) | |||
| Period Momentum Indicator | (0.21) |
Envirotech Stock media impact
Far too much social signal, news, headlines, and media speculation about Envirotech Vehicles that are available to investors today. That information is available publicly through Envirotech media outlets and privately through word of mouth or via Envirotech internal channels. However, regardless of the origin, that massive amount of Envirotech data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Envirotech Vehicles news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Envirotech Vehicles relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Envirotech Vehicles' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Envirotech Vehicles alpha.
Envirotech Vehicles Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Envirotech Vehicles can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Envirotech Vehicles Corporate Management
| Christian Rodich | Chief Officer | Profile | |
| Douglas Campoli | Chief Officer | Profile | |
| Richard Ross | Executive America | Profile | |
| Theodore Thordarson | G Mang | Profile |
Additional Tools for Envirotech Stock Analysis
When running Envirotech Vehicles' price analysis, check to measure Envirotech Vehicles' 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 Envirotech Vehicles is operating at the current time. Most of Envirotech Vehicles' value examination focuses on studying past and present price action to predict the probability of Envirotech Vehicles' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envirotech Vehicles' price. Additionally, you may evaluate how the addition of Envirotech Vehicles to your portfolios can decrease your overall portfolio volatility.