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Sunnova Energy International (NOVA)
NYSE:NOVA
RESEARCH TOOLSreports
Sunnova Energy International (NOVA) Stock Price & Analysis
1,898 Followers
NOVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.37 - $24.56
Previous Close$5.47
Volume5.12M
Average Volume (3M)8.86M
Market Cap
$678.18M
Enterprise Value$8.58B
Total Cash (Recent Filing)$212.83M
Total Debt (Recent Filing)$7.51B
Price to Earnings (P/E)―
Beta2.69
Next Earnings
Jul 24, 2024EPS Estimate
-$0.62Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.37
Shares Outstanding123,981,666
10 Day Avg. Volume6,756,002
30 Day Avg. Volume8,857,172
Standard Deviation0.22
R-Squared0.27
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.49
Price to Sales (P/S)3.49
Price to Cash Flow (P/CF)-4.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.91
Enterprise Value/Gross Profit29.27
Enterprise Value/Ebitda100.75
Forecast
1Y Price Target
$11.12Price Target Upside108.63% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering20
Sunnova Energy International News
PremiumCompany Announcements
Sunnova Energy Names Eric Williams New CFO
PremiumCompany Announcements
Sunnova Energy Board Member Rahman D’Argenio to Step Down
Bulls Say, Bears Say
Bulls Say
Cash GenerationNOVA's unrestricted cash grew by a reduction in capital expenditures and increased tax-equity.
Solar GrowthDiscussions focused on the outlook for residential solar growth.
Strategic ActionsNOVA announced more potential strategic actions with one immediate shift being a lowering of 2024 customer additions growth as it shifts focus toward core customers with higher returns.
Bears Say
EarningsNOVA reported relatively soft 1Q24 headline results, with revenue and customer adds missing expectations.
LeadershipCFO Rob Lane would be stepping down in the next few weeks.
LiquidityNOVA's 4Q'23 cash burn and maturity wall have driven higher corporate yields and questions surrounding the company's forward trajectory resulting in significant equity underperformance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NOVA FAQ
What was Sunnova Energy International’s price range in the past 12 months?
Sunnova Energy International lowest stock price was $3.37 and its highest was $24.56 in the past 12 months.
What is Sunnova Energy International’s market cap?
Currently, no data Available
When is Sunnova Energy International’s upcoming earnings report date?
Sunnova Energy International’s upcoming earnings report date is Jul 24, 2024 which is in 40 days.
How were Sunnova Energy International’s earnings last quarter?
Sunnova Energy International released its earnings results on May 01, 2024. The company reported -$0.57 earnings per share for the quarter, beating the consensus estimate of -$0.818 by $0.248.
Is Sunnova Energy International overvalued?
According to Wall Street analysts Sunnova Energy International’s price is currently Undervalued.
Does Sunnova Energy International pay dividends?
Sunnova Energy International does not currently pay dividends.
What is Sunnova Energy International’s EPS estimate?
Sunnova Energy International’s EPS estimate is -$0.62.
How many shares outstanding does Sunnova Energy International have?
Sunnova Energy International has 123,981,670 shares outstanding.
What happened to Sunnova Energy International’s price movement after its last earnings report?
Sunnova Energy International reported an EPS of -$0.57 in its last earnings report, beating expectations of -$0.818. Following the earnings report the stock price went up 25.212%.
Which hedge fund is a major shareholder of Sunnova Energy International?
Among the largest hedge funds holding Sunnova Energy International’s share is Moore Capital Management LP. It holds Sunnova Energy International’s shares valued at 1M.
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Sunnova Energy International Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
$11.12 (108.63% Upside)
$11.12 (108.63% Upside)
Blogger Sentiment
Neutral
NOVA Sentiment 55%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-71.05%
12-Months-Change
Fundamentals
Return on Equity
-28.23%
Trailing 12-Months
Asset Growth
32.73%
Trailing 12-Months
Company Description
Sunnova Energy International
Sunnova Energy International, Inc. engages in providing solar and energy storage services. It also offers services to customers who purchased their solar energy system through unaffiliated third parties. The company was founded in January, 2013 and is headquartered in Houston, TX.
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NOVA Company Deck
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NOVA Earnings Call
Q1 2024
0:00 / 0:00
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NOVA Stock 12 Month Forecast
Average Price Target
$11.12
▲(108.63% Upside)
Technical Analysis
Best Analysts Covering NOVA
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+24.06%
reiterated a buy rating 2 days ago
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +24.06% per trade.
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