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Sunnova Energy International (NOVA)
NYSE:NOVA
RESEARCH TOOLSreports
Sunnova Energy International (NOVA) Stock Price & Analysis
1,940 Followers
NOVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.37 - $21.71
Previous Close$7.38
Volume7.10M
Average Volume (3M)7.44M
Market Cap
$914.98M
Enterprise Value$8.82B
Total Cash (Recent Filing)$212.83M
Total Debt (Recent Filing)$7.51B
Price to Earnings (P/E)―
Beta2.93
Next Earnings
Jul 31, 2024EPS Estimate
-$0.63Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.37
Shares Outstanding123,981,666
10 Day Avg. Volume6,401,461
30 Day Avg. Volume7,440,235
Standard Deviation0.22
R-Squared0.27
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.54
Price to Sales (P/S)3.86
Price to Cash Flow (P/CF)-4.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.24
Enterprise Value/Gross Profit30.08
Enterprise Value/Ebitda103.53
Forecast
1Y Price Target
$11.85Price Target Upside60.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
Sunnova Energy International News
Bulls Say, Bears Say
Bulls Say
Cash GenerationCash generation trending ahead of expectations, driven by ITC adders.
Demand ImprovementManagement indicated that the recent pick-up in demand could be unique to NOVA, signaling it may be taking market share.
Market PositionNOVA continues to expect slight growth during the year and, over the past month, has started to see a meaningful broad-based demand improvement.
Bears Say
Corporate StrategyThe company lowered its customer growth guide for the year by 45K at the midpoint.
Customer GrowthNet customer additions of 19.3k declined by 36% yoy and was meaningfully below view due to new customers added falling below expectations as well as losing nearly 8k customers to terminations/payoffs and service expirations.
Financial PerformanceNOVA reported relatively soft 1Q24 headline results, with revenue and customer adds missing expectations.
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Ownership Overview
25.48% Insiders
15.44% Mutual Funds
23.08% Other Institutional Investors
36.01% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $21.71 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 31, 2024 which is in 9 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 -$0.63.
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
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$11.85 (60.57% Upside)
$11.85 (60.57% Upside)
Blogger Sentiment
Neutral
NOVA Sentiment 56%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-68.27%
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
$11.85
▲(60.57% Upside)
Technical Analysis
Best Analysts Covering NOVA
1 Year
1 Year Success Rate
9/15 ratings generated profit
1 Year Average Return
+35.31%
reiterated a buy rating last month
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +35.31% per trade.
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