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Emeren Group (DE:VQKB)
FRANKFURT:VQKB
Emeren Group (VQKB) Stock Price & Analysis
1 Followers
VQKB Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€1.44 - €3.85
Previous Close€1.61
Volume65.00
Average Volume (3M)1.37K
Market Cap
€98.77M
Enterprise Value€79.60M
Total Cash (Recent Filing)$107.29M
Total Debt (Recent Filing)$45.59M
Price to Earnings (P/E)-1.2
Beta1.12
Next Earnings
May 30, 2024Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.39
Shares Outstanding60,274,841
10 Day Avg. Volume20
30 Day Avg. Volume1,372
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.32
Price to Sales (P/S)4.14
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.96
Enterprise Value/Gross Profit5.19
Enterprise Value/Ebitda16.54
Forecast
1Y Price Target
€5.65Price Target Upside250.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Emeren Group News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEmeren reported a 71% year-over-year revenue increase and a 216% quarter-over-quarter revenue increase, surpassing expectations.
Growth ForecastManagement forecasts revenue growth of 43-53% year-over-year and a significant increase in gross margins to 30% for the next year.
Strategic InitiativesThe company's 2024 outlook is promising with a guidance for $26.0M in net income.
Bears Say
Earnings ReportThe company's Q4 revenues fell short of market expectations, as project sales in the US and Europe faced unexpected delays.
Financial PerformanceBlended gross margins were significantly lower than expected, primarily due to a higher proportion of lower-margin EPC projects combined with delays in development project sales.
Profitability ConcernsGross margin performance was disappointing, missing the consensus significantly, influenced by a greater share of EPC projects and various non-recurring items.
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Options Prices
Currently, No data available
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Ownership Overview
52.79% Insiders
0.29% Mutual Funds
38.45% Other Institutional Investors
8.47% Public Companies and
Individual Investors
VQKB FAQ
What was Emeren Group’s price range in the past 12 months?
Emeren Group lowest stock price was €1.44 and its highest was €3.85 in the past 12 months.
What is Emeren Group’s market cap?
Currently, no data Available
When is Emeren Group’s upcoming earnings report date?
Emeren Group’s upcoming earnings report date is May 30, 2024 which is in 22 days.
How were Emeren Group’s earnings last quarter?
Emeren Group released its earnings results on Mar 28, 2024. The company reported -€0.141 earnings per share for the quarter, missing the consensus estimate of -€0.014 by -€0.127.
Is Emeren Group overvalued?
According to Wall Street analysts Emeren Group’s price is currently Undervalued.
Does Emeren Group pay dividends?
Emeren Group does not currently pay dividends.
What is Emeren Group’s EPS estimate?
Emeren Group’s EPS estimate is €0.
How many shares outstanding does Emeren Group have?
Emeren Group has 57,281,506 shares outstanding.
What happened to Emeren Group’s price movement after its last earnings report?
Emeren Group reported an EPS of -€0.141 in its last earnings report, missing expectations of -€0.014. Following the earnings report the stock price went up 15.448%.
Which hedge fund is a major shareholder of Emeren Group?
Currently, no hedge funds are holding shares in DE:VQKB
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Emeren Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€5.65 (250.95% Upside)
€5.65 (250.95% Upside)
Blogger Sentiment
Bullish
DE:VQKB Sentiment 80%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-59.45%
12-Months-Change
Fundamentals
Return on Equity
-2.77%
Trailing 12-Months
Asset Growth
-5.85%
Trailing 12-Months
Company Description
Emeren Group
ReneSola Ltd. engages in the manufacture of solar wafers and modules. It operates through the following segments: Wafer, Cell and Module, and Solar Power Projects. The Wafer segment includes manufacture and sales of monocrystalline and multicrystalline solar wafers and processing services. The Cell and Module segment involves in the manufacture and sale of PV cells and modules. The Solar Power Projects segment offers solar power project development, EPC services, and electricity. The company was founded on March 17, 2006 and is headquartered in Putuo District, China.
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VQKB Company Deck
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VQKB Earnings Call
Q4 2024
0:00 / 0:00
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VQKB Stock 12 Month Forecast
Average Price Target
€5.65
▲(250.95% Upside)
Technical Analysis
Best Analysts Covering VQKB
1 Year
1 Year Success Rate
1/19 ratings generated profit
1 Year Average Return
-22.97%
reiterated a buy rating last month
Copying Amit Dayal's trades and holding each position for 1 Year would result in 5.26% of your transactions generating a profit, with an average return of -22.97% per trade.
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