Evgo Inc Stock Buy Hold or Sell Recommendation

EVGO Stock  USD 6.36  0.11  1.76%   
Given the investment horizon of 90 days and your below-average risk tolerance, our recommendation regarding Evgo Inc is 'Strong Sell'. The recommendation algorithm takes into account all of Evgo's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Evgo Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Evgo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Evgo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Execute Evgo Buy or Sell Advice

The Evgo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evgo Inc. Macroaxis does not own or have any residual interests in Evgo Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evgo's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell EvgoBuy Evgo
Strong Sell

Market Performance

OKDetails

Volatility

RiskyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Evgo Inc has a Mean Deviation of 5.25, Semi Deviation of 4.37, Standard Deviation of 9.23, Variance of 85.27, Downside Variance of 24.63 and Semi Variance of 19.14
We provide trade advice to complement the prevailing expert consensus on Evgo Inc. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Evgo is not overpriced, please confirm all Evgo Inc fundamentals, including its shares owned by institutions, total debt, market capitalization, as well as the relationship between the gross profit and short ratio . Given that Evgo Inc has a number of shares shorted of 32.69 M, we urge you to verify Evgo Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Evgo Trading Alerts and Improvement Suggestions

Evgo Inc is way too risky over 90 days horizon
Evgo Inc appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 160.95 M. Net Loss for the year was (135.47 M) with profit before overhead, payroll, taxes, and interest of 13.13 M.
Evgo Inc currently holds about 372.48 M in cash with (37.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39.
Evgo Inc has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: Meijer to add nearly 500 electric charging stalls

Evgo Returns Distribution Density

The distribution of Evgo's historical returns is an attempt to chart the uncertainty of Evgo's future price movements. The chart of the probability distribution of Evgo daily returns describes the distribution of returns around its average expected value. We use Evgo Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evgo returns is essential to provide solid investment advice for Evgo.
Mean Return
1.10
Value At Risk
-8.1
Potential Upside
11.61
Standard Deviation
9.23
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evgo historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Evgo Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument, such as Evgo, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Evgo Inc back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
Shares
Sir Capital Management, L.p.2024-09-30
829 K
Northern Trust Corp2024-09-30
813.3 K
Point72 Asset Management, L.p.2024-06-30
713.7 K
Jpmorgan Chase & Co2024-06-30
629.2 K
Davy Asset Management Limited2024-09-30
510.5 K
Wells Fargo & Co2024-06-30
480.4 K
Jane Street Group Llc2024-06-30
426.1 K
Bank Of New York Mellon Corp2024-06-30
408.7 K
Nuveen Asset Management, Llc2024-06-30
382.6 K
Vanguard Group Inc2024-09-30
10.2 M
Blackrock Inc2024-06-30
6.9 M
Note, although Evgo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Evgo Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(15.7M)7.7M477.3M(238.7M)(37.3M)(35.5M)
Net Borrowings3.2M44.8M21.4M10.1M9.1M16.0M
Depreciation8.8M18.7M23.9M35.9M52.0M27.0M
Capital Expenditures21.5M19.3M65.0M200.3M158.9M86.9M
Net Income(24.8M)(47.8M)(57.8M)(106.2M)(135.5M)(128.7M)
End Period Cash Flow1.4M7.9M485.2M246.5M209.1M177.3M
Change To Netincome789.5K(1.5M)(70.2M)(84.2M)(75.8M)(72.0M)

Evgo Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Evgo or Specialty Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Evgo's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Evgo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
1.04
β
Beta against Dow Jones0.54
σ
Overall volatility
9.26
Ir
Information ratio 0.11

Evgo Volatility Alert

Evgo Inc is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evgo's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Evgo's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Evgo Fundamentals Vs Peers

Comparing Evgo's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Evgo's direct or indirect competition across all of the common fundamentals between Evgo and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evgo or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Evgo's fundamental indicators could also be used in its relative valuation, which is a method of valuing Evgo by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Evgo to competition
FundamentalsEvgoPeer Average
Return On Equity-0.25-0.31
Return On Asset-0.0972-0.14
Profit Margin(0.19) %(1.27) %
Operating Margin(0.48) %(5.51) %
Current Valuation603.48 M16.62 B
Shares Outstanding107.35 M571.82 M
Shares Owned By Insiders6.40 %10.09 %
Shares Owned By Institutions53.19 %39.21 %
Number Of Shares Shorted32.69 M4.71 M
Price To Book34.02 X9.51 X
Price To Sales7.92 X11.42 X
Revenue160.95 M9.43 B
Gross Profit13.13 M27.38 B
EBITDA(83.46 M)3.9 B
Net Income(135.47 M)570.98 M
Cash And Equivalents372.48 M2.7 B
Cash Per Share5.39 X5.01 X
Total Debt68 M5.32 B
Debt To Equity0.06 %48.70 %
Current Ratio6.15 X2.16 X
Book Value Per Share(3.22) X1.93 K
Cash Flow From Operations(37.05 M)971.22 M
Short Ratio2.41 X4.00 X
Earnings Per Share(0.42) X3.12 X
Target Price8.0
Number Of Employees29218.84 K
Beta2.39-0.15
Market Capitalization1.89 B19.03 B
Total Asset806.61 M29.47 B
Retained Earnings(248.55 M)9.33 B
Working Capital178.06 M1.48 B
Net Asset806.61 M
Note: Acquisition by Stephanie Lee of 14569 shares of Evgo subject to Rule 16b-3 [view details]

Evgo Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evgo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Evgo Buy or Sell Advice

When is the right time to buy or sell Evgo Inc? Buying financial instruments such as Evgo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Evgo in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Pharmaceutical Products Thematic Idea Now

Pharmaceutical Products
Pharmaceutical Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
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When determining whether Evgo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evgo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evgo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evgo Inc Stock:
Check out Evgo Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evgo. If investors know Evgo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
(0.42)
Revenue Per Share
2.282
Quarterly Revenue Growth
0.924
Return On Assets
(0.1)
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evgo's market value can be influenced by many factors that don't directly affect Evgo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.