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Sunnova Energy International (NOVA)
NYSE:NOVA
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NOVA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.99 - $13.00
Previous CloseN/A
Volume3.04M
Average Volume (3M)8.65M
Market Cap
$426.09M
Enterprise Value$10.16B
Total Cash (Recent Filing)$56.32M
Total Debt (Recent Filing)$723.70M
Price to Earnings (P/E)―
Beta2.60
Next Earnings
Feb 19, 2025EPS Estimate
-0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.35
Shares Outstanding124,952,650
10 Day Avg. Volume8,811,132
30 Day Avg. Volume8,645,886
Standard Deviation0.25
R-Squared0.24
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)-1.10
P/FCF Ratio0.00
Enterprise Value/Market Cap23.83
Enterprise Value/Revenue11.98
Enterprise Value/Gross Profit34.64
Enterprise Value/Ebitda-75.96
Forecast
1Y Price Target
$8.63Price Target Upside161.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Sunnova Energy International News
Bulls Say, Bears Say
Bulls Say
Debt ManagementManagement is confident in their ability to pay down or refinance the $1 billion in 2026 maturities, supported by a strong cash generation plan and contracted cash flow base.
Financial PerformanceSunnova raised its cash generation guidance to $850 million following updated Treasury guidance on adders, showcasing strong financial outlook.
Market StrategyNOVA's unique third-party dealership network strategy allows it to scale up quickly while limiting near-term fixed costs, highlighting an efficient growth model.
Bears Say
Corporate DebtSunnova's corporate debt maturities create a sense of urgency on achieving cash generation guidance and are likely to remain an overhang with the story now tied to execution.
Customer GrowthCustomer additions are trending towards the low end of its guidance range.
Interest RatesInterest rate escalation has added to headwinds in the cost of capital for clean tech stocks, including Sunnova.
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Ownership Overview
2.51% Insiders
14.89% Mutual Funds
0.02% Other Institutional Investors
61.76% 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 $2.99 and its highest was $13.00 in the past 12 months.
What is Sunnova Energy International’s market cap?
Sunnova Energy International’s market cap is $426.09M.
When is Sunnova Energy International’s upcoming earnings report date?
Sunnova Energy International’s upcoming earnings report date is Feb 19, 2025 which is in 35 days.
How were Sunnova Energy International’s earnings last quarter?
Sunnova Energy International released its earnings results on Oct 30, 2024. The company reported -$0.98 earnings per share for the quarter, missing the consensus estimate of -$0.533 by -$0.447.
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 -0.69.
How many shares outstanding does Sunnova Energy International have?
Sunnova Energy International has 124,952,650 shares outstanding.
What happened to Sunnova Energy International’s price movement after its last earnings report?
Sunnova Energy International reported an EPS of -$0.98 in its last earnings report, missing expectations of -$0.533. Following the earnings report the stock price went up 12.825%.
Which hedge fund is a major shareholder of Sunnova Energy International?
Among the largest hedge funds holding Sunnova Energy International’s share is Caxton Associates LP. It holds Sunnova Energy International’s shares valued at 950K.
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Sunnova Energy International Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.63 (161.52% Upside)
$8.63 (161.52% Upside)
Blogger Sentiment
Bearish
NOVA Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 132.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-72.19%
12-Months-Change
Fundamentals
Return on Equity
-23.23%
Trailing 12-Months
Asset Growth
19.44%
Trailing 12-Months
Company Description
Sunnova Energy International
Sunnova Energy International Inc. (NOVA) is a leading provider of residential solar and energy storage services in the United States. The company offers a wide range of products designed to provide clean, affordable, and reliable energy to homeowners. Its core offerings include solar panel installation, solar battery storage, and energy management solutions. Sunnova aims to empower homeowners to take control of their energy future through innovative and sustainable energy solutions.
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NOVA Company Deck
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NOVA Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong focus on customer additions and cash generation, with significant improvements in cost structure and ITC adder utilization. However, challenges remain in terms of dealer network issues and potential regulatory uncertainties. The sentiment is more positive due to the proactive measures to increase cash generation and operational efficiencies.Read More>---
NOVA Stock 12 Month Forecast
Average Price Target
$8.63
▲(161.52% Upside)
Technical Analysis
Best Analysts Covering NOVA
1 Year
1 Year Success Rate
9/21 ratings generated profit
1 Year Average Return
+7.77%
reiterated a buy rating 30 days ago
Copying Philip Shen's trades and holding each position for 1 Year would result in 42.86% of your transactions generating a profit, with an average return of +7.77% per trade.
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