Evgo Inc Stock Analysis

Evgo Stock Analysis Notes

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. EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company was incorporated in 2010 and is based in Los Angeles, California. Evgo operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 219 people. To learn more about Evgo Inc call Badar Khan at 877 494 3833 or check out https://www.evgo.com.

Evgo Inc Investment Alerts

Evgo Inc Upcoming and Recent Events

Evgo Largest EPS Surprises

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Evgo Environmental, Social, and Governance (ESG) Scores

Evgo Thematic Classifications

Evgo Stock Institutional Investors

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 Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.99 B.

Evgo Profitablity

The company has Profit Margin (PM) of (0.19) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.48) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.48.

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 26th 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 26th of November 2024, Intangibles To Total Assets is likely to grow to 0.13, while Net Tangible Assets are likely to drop (425 M).

Technical Drivers

As of the 26th of November, Evgo shows the Coefficient Of Variation of 901.54, downside deviation of 5.03, and Mean Deviation of 5.06. 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 Inc Price Movement Analysis

Evgo Inc Insider Trading Activities

Evgo Outstanding Bonds

Evgo Predictive Daily Indicators

Evgo Corporate Filings

Evgo Forecast Models

Evgo's time-series forecasting models are one of many Evgo's stock analysis techniques aimed at predicting 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'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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Evgo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evgo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Evgo. By using and applying Evgo Stock analysis, traders can create a robust methodology for identifying Evgo entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Evgo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Evgo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Evgo Inc stock analysis indicators help investors evaluate how Evgo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Evgo shares will generate the highest return on investment. By understating and applying Evgo stock analysis, traders can identify Evgo position entry and exit signals to maximize returns.

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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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.

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.