Is EVgo Equity Stock a Good Investment?
EVgo Equity Investment Advice | EVGOW |
- Examine EVgo Equity's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research EVgo Equity's leadership team and their track record. Good management can help EVgo Equity navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Environmental & Facilities Services space and any emerging trends that could impact EVgo Equity's business and its evolving consumer preferences.
- Compare EVgo Equity's performance and market position to its competitors. Analyze how EVgo Equity is positioned in terms of product offerings, innovation, and market share.
- Check if EVgo Equity pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about EVgo Equity's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in EVgo Equity Warrants stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if EVgo Equity Warrants is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine EVgo Equity Stock
Researching EVgo Equity's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company had not issued any dividends in recent years.
To determine if EVgo Equity is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding EVgo Equity's research are outlined below:
| EVgo Equity Warrants is way too risky over 90 days horizon | |
| EVgo Equity Warrants has some characteristics of a very speculative penny stock | |
| EVgo Equity Warrants appears to be risky and price may revert if volatility continues | |
| EVgo Equity Warrants has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 160.95 M. Net Loss for the year was (135.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EVgo Equity generates negative cash flow from operations | |
| EVgo Equity Warrants has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: EVgo Surges 92 percent in Record Q3 Secures 1.05B DOE Loan, Raises 2024 Guidance EVGO Stock News - StockTitan |
EVgo Equity's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.06) | (0.06) | |
| Return On Capital Employed | (0.21) | (0.22) | |
| Return On Assets | (0.05) | (0.06) | |
| Return On Equity | 0.26 | 0.28 |
Determining EVgo Equity's profitability involves analyzing its financial statements and using various financial metrics to determine if EVgo Equity is a good buy. For example, gross profit margin measures EVgo Equity's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of EVgo Equity's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in EVgo Equity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of EVgo Equity Warrants. Check EVgo Equity's Beneish M Score to see the likelihood of EVgo Equity's management manipulating its earnings.
Evaluate EVgo Equity's management efficiency
The company has return on total asset (ROA) of (0.0972) % which means that it has lost $0.0972 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.2469) %, meaning that it generated substantial loss on money invested by shareholders. EVgo Equity's management efficiency ratios could be used to measure how well EVgo Equity manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to climb to 0.28 in 2024, whereas Return On Tangible Assets are likely to drop (0.06) in 2024. At this time, EVgo Equity's Intangible Assets are fairly stable compared to the past year. Intangibles To Total Assets is likely to climb to 0.13 in 2024, whereas Total Assets are likely to drop slightly above 557.6 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 5.97 | 3.52 | |
| Tangible Book Value Per Share | 5.08 | 2.59 | |
| Enterprise Value Over EBITDA | (2.19) | (2.30) | |
| Price Book Value Ratio | (2.02) | (1.92) | |
| Enterprise Value Multiple | (2.19) | (2.30) | |
| Price Fair Value | (2.02) | (1.92) | |
| Enterprise Value | 605.7 M | 532.1 M |
The management team at EVgo Equity has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 2.391 |
Basic technical analysis of EVgo Stock
As of the 22nd of November, EVgo Equity shows the Mean Deviation of 11.96, downside deviation of 9.26, and Coefficient Of Variation of 606.67. EVgo Equity Warrants technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm EVgo Equity Warrants mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if EVgo Equity Warrants is priced favorably, providing market reflects its regular price of 1.09 per share. Given that EVgo Equity is a hitting penny stock territory we advise to closely look at its total risk alpha.EVgo Equity's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific EVgo Equity insiders, such as employees or executives, is commonly permitted as long as it does not rely on EVgo Equity's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases EVgo Equity insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
EVgo Equity's Outstanding Corporate Bonds
EVgo Equity issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. EVgo Equity Warrants uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most EVgo bonds can be classified according to their maturity, which is the date when EVgo Equity Warrants has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand EVgo Equity's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing EVgo Equity's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1354 | |||
| Market Risk Adjusted Performance | 2.2 | |||
| Mean Deviation | 11.96 | |||
| Semi Deviation | 7.57 | |||
| Downside Deviation | 9.26 | |||
| Coefficient Of Variation | 606.67 | |||
| Standard Deviation | 23.36 | |||
| Variance | 545.79 | |||
| Information Ratio | 0.1601 | |||
| Jensen Alpha | 3.67 | |||
| Total Risk Alpha | 0.794 | |||
| Sortino Ratio | 0.4042 | |||
| Treynor Ratio | 2.19 | |||
| Maximum Drawdown | 187.32 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 27.94 | |||
| Downside Variance | 85.67 | |||
| Semi Variance | 57.29 | |||
| Expected Short fall | (18.79) | |||
| Skewness | 5.2 | |||
| Kurtosis | 34.86 |
| Risk Adjusted Performance | 0.1354 | |||
| Market Risk Adjusted Performance | 2.2 | |||
| Mean Deviation | 11.96 | |||
| Semi Deviation | 7.57 | |||
| Downside Deviation | 9.26 | |||
| Coefficient Of Variation | 606.67 | |||
| Standard Deviation | 23.36 | |||
| Variance | 545.79 | |||
| Information Ratio | 0.1601 | |||
| Jensen Alpha | 3.67 | |||
| Total Risk Alpha | 0.794 | |||
| Sortino Ratio | 0.4042 | |||
| Treynor Ratio | 2.19 | |||
| Maximum Drawdown | 187.32 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 27.94 | |||
| Downside Variance | 85.67 | |||
| Semi Variance | 57.29 | |||
| Expected Short fall | (18.79) | |||
| Skewness | 5.2 | |||
| Kurtosis | 34.86 |
Consider EVgo Equity's intraday indicators
EVgo Equity intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of EVgo Equity stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
EVgo Equity time-series forecasting models is one of many EVgo Equity's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary EVgo Equity's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
EVgo Stock media impact
Far too much social signal, news, headlines, and media speculation about EVgo Equity that are available to investors today. That information is available publicly through EVgo media outlets and privately through word of mouth or via EVgo internal channels. However, regardless of the origin, that massive amount of EVgo data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of EVgo Equity news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of EVgo Equity relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to EVgo Equity's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive EVgo Equity alpha.
EVgo Equity Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards EVgo Equity can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
EVgo Equity Corporate Management
| Tanvi Chaturvedi | Chief Officer | Profile | |
| Olga Shevorenkova | Chief Officer | Profile | |
| Keith Hutchison | Chief Officer | Profile | |
| Sara Rafalson | Executive Affairs | Profile | |
| Catherine Zoi | CEO Director | Profile | |
| Pavlos Politopoulos | Senior Experience | Profile |
Additional Tools for EVgo Stock Analysis
When running EVgo Equity's price analysis, check to measure EVgo Equity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EVgo Equity is operating at the current time. Most of EVgo Equity's value examination focuses on studying past and present price action to predict the probability of EVgo Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVgo Equity's price. Additionally, you may evaluate how the addition of EVgo Equity to your portfolios can decrease your overall portfolio volatility.