Is Evgo Stock a Good Investment?
Evgo Investment Advice | EVGO |
- Examine Evgo'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's leadership team and their track record. Good management can help Evgo navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Automotive Retail space and any emerging trends that could impact Evgo's business and its evolving consumer preferences.
- Compare Evgo's performance and market position to its competitors. Analyze how Evgo is positioned in terms of product offerings, innovation, and market share.
- Check if Evgo pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Evgo'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 Inc 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 Inc is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Evgo Stock
Researching Evgo'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). About 53.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.42. Evgo Inc had not issued any dividends in recent years.
To determine if Evgo 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's research are outlined below:
| 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: Why EVgo Stock Surged Over 25 percent This Week and Could Rally Even Higher |
Evgo Quarterly Cost Of Revenue |
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Evgo uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Evgo Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Evgo's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Evgo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Evgo's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-01 | 2024-06-30 | -0.09 | -0.1 | -0.01 | 11 | ||
2024-05-07 | 2024-03-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2023-05-09 | 2023-03-31 | -0.21 | -0.18 | 0.03 | 14 | ||
2022-11-02 | 2022-09-30 | -0.15 | -0.19 | -0.04 | 26 | ||
2024-03-06 | 2023-12-31 | -0.19 | -0.12 | 0.07 | 36 | ||
2022-05-11 | 2022-03-31 | -0.13 | -0.21 | -0.08 | 61 | ||
2021-08-13 | 2021-06-30 | -0.07 | -0.15 | -0.08 | 114 | ||
2023-03-30 | 2022-12-31 | -0.16 | -0.06 | 0.1 | 62 |
Know Evgo's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Evgo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evgo Inc backward and forwards among themselves. Evgo's institutional investor refers to the entity that pools money to purchase Evgo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 885 K | Sir Capital Management, L.p. | 2024-09-30 | 829 K | Northern Trust Corp | 2024-09-30 | 813.3 K | Two Sigma Investments Llc | 2024-09-30 | 686.3 K | Jpmorgan Chase & Co | 2024-06-30 | 629.2 K | Davy Asset Management Limited | 2024-09-30 | 510.5 K | Wells Fargo & Co | 2024-06-30 | 480.4 K | Jane Street Group Llc | 2024-06-30 | 426.1 K | Hite Hedge Asset Management Mlp | 2024-09-30 | 413.9 K | Vanguard Group Inc | 2024-09-30 | 10.2 M | Blackrock Inc | 2024-06-30 | 6.9 M |
Evgo's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.93 B.Market Cap |
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Evgo'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's profitability involves analyzing its financial statements and using various financial metrics to determine if Evgo is a good buy. For example, gross profit margin measures Evgo'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's profitability and make more informed investment decisions.
Evaluate Evgo's management efficiency
Evgo Inc 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 stockholder's equity (ROE) of (0.2469) %, meaning that it created substantial loss on money invested by shareholders. Evgo's management efficiency ratios could be used to measure how well Evgo manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Equity is likely to grow to 0.28, while Return On Tangible Assets are likely to drop (0.06). At this time, Evgo's Intangible Assets are very stable compared to the past year. As of the 25th of November 2024, Intangibles To Total Assets is likely to grow to 0.13, while Net Tangible Assets are likely to drop (425 M).| 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 |
At Evgo Inc, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Beta 2.391 |
Basic technical analysis of Evgo Stock
As of the 25th of November, Evgo shows the Mean Deviation of 5.23, downside deviation of 5.03, and Coefficient Of Variation of 802.55. Evgo Inc 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.Evgo'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 insiders, such as employees or executives, is commonly permitted as long as it does not rely on Evgo'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 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's Outstanding Corporate Bonds
Evgo 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 Inc 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 Inc 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 |
Understand Evgo's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Evgo'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 | 0.1047 | |||
| Market Risk Adjusted Performance | 2.23 | |||
| Mean Deviation | 5.23 | |||
| Semi Deviation | 4.42 | |||
| Downside Deviation | 5.03 | |||
| Coefficient Of Variation | 802.55 | |||
| Standard Deviation | 9.23 | |||
| Variance | 85.16 | |||
| Information Ratio | 0.1104 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.2024 | |||
| Treynor Ratio | 2.22 | |||
| Maximum Drawdown | 72.0 | |||
| Value At Risk | (8.10) | |||
| Potential Upside | 11.61 | |||
| Downside Variance | 25.35 | |||
| Semi Variance | 19.55 | |||
| Expected Short fall | (6.44) | |||
| Skewness | 4.26 | |||
| Kurtosis | 26.71 |
| Risk Adjusted Performance | 0.1047 | |||
| Market Risk Adjusted Performance | 2.23 | |||
| Mean Deviation | 5.23 | |||
| Semi Deviation | 4.42 | |||
| Downside Deviation | 5.03 | |||
| Coefficient Of Variation | 802.55 | |||
| Standard Deviation | 9.23 | |||
| Variance | 85.16 | |||
| Information Ratio | 0.1104 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.2024 | |||
| Treynor Ratio | 2.22 | |||
| Maximum Drawdown | 72.0 | |||
| Value At Risk | (8.10) | |||
| Potential Upside | 11.61 | |||
| Downside Variance | 25.35 | |||
| Semi Variance | 19.55 | |||
| Expected Short fall | (6.44) | |||
| Skewness | 4.26 | |||
| Kurtosis | 26.71 |
Consider Evgo's intraday indicators
Evgo 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 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 Corporate Filings
F4 | 15th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 18th of October 2024 The schedule filed by any person or group who acquires beneficial ownership of more than 5% of a voting class of a company's equity securities registered under Section 12 of the Act | ViewVerify |
F3 | 16th of October 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Evgo Stock media impact
Far too much social signal, news, headlines, and media speculation about Evgo 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 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 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's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Evgo alpha.
Evgo Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Evgo 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 Inc Historical Investor Sentiment
Investor biases related to Evgo's public news can be used to forecast risks associated with an investment in Evgo. The trend in average sentiment can be used to explain how an investor holding Evgo can time the market purely based on public headlines and social activities around Evgo Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Evgo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Evgo and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Evgo news discussions. The higher the estimate score, the more favorable the investor's outlook on Evgo.
Evgo 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 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.
In summary, please note that there is a difference between Evgo's value and its price, as these two are different measures arrived at by various 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.