Ess Tech Stock Analysis
| GWH Stock | USD 5.85 0.15 2.50% |
ESS Tech is overvalued with Real Value of 4.11 and Target Price of 2.66. The main objective of ESS Tech stock analysis is to determine its intrinsic value, which is an estimate of what ESS Tech is worth, separate from its market price. There are two main types of ESS Tech's stock analysis: fundamental analysis and technical analysis.
The ESS Tech stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ESS Tech's ongoing operational relationships across important fundamental and technical indicators.
ESS |
ESS Stock Analysis Notes
About 35.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.45. Some equities with similar Price to Book (P/B) outperform the market in the long run. ESS Tech has Price/Earnings To Growth (PEG) ratio of 0.16. The entity recorded a loss per share of 6.62. The firm had not issued any dividends in recent years. ESS Tech had 1:15 split on the 26th of August 2024. ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. Ess Tech operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 160 people. To learn more about ESS Tech call Eric Dresselhuys at 855 423 9920 or check out https://essinc.com.ESS Tech Investment Alerts
| ESS Tech had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 7.54 M. Reported Net Loss for the year was (77.58 M) with profit before taxes, overhead, and interest of 894 K. | |
| ESS Tech has about 238.94 M in cash with (54.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| ESS Tech has a frail financial position based on the latest SEC disclosures | |
| Roughly 35.0% of the company shares are held by company insiders | |
| Latest headline from MacroaxisInsider: Acquisition by Eric Dresselhuys of 1000 shares of ESS Tech at 5.2271 subject to Rule 16b-3 |
ESS Tech Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ESS Tech 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.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
ESS Largest EPS Surprises
Earnings surprises can significantly impact ESS Tech'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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-14 | 2024-06-30 | -0.1 | -0.12 | -0.02 | 20 | ||
2024-03-13 | 2023-12-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2023-11-07 | 2023-09-30 | -0.13 | -0.11 | 0.02 | 15 |
ESS Tech Environmental, Social, and Governance (ESG) Scores
ESS Tech's ESG score is a quantitative measure that evaluates ESS Tech's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of ESS Tech's operations that may have significant financial implications and affect ESS Tech's stock price as well as guide investors towards more socially responsible investments.
ESS Tech Thematic Classifications
In addition to having ESS Tech stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Electrical EquipmentUSA Equities from Electrical Equipment industry as classified by Fama & French |
ESS Stock Institutional Investors
| Shares | Pathstone Holdings Llc | 2024-06-30 | 125.7 K | Hrt Financial Llc | 2024-06-30 | 106.9 K | Aqr Capital Management Llc | 2024-06-30 | 102.3 K | Gsa Capital Partners Llp | 2024-09-30 | 91.2 K | Jpmorgan Chase & Co | 2024-06-30 | 80.3 K | Hpm Partners Llc | 2024-06-30 | 71.2 K | Barclays Plc | 2024-06-30 | 57.3 K | Fmr Inc | 2024-09-30 | 52.5 K | Geode Capital Management, Llc | 2024-09-30 | 50.5 K | Softbank Group Corp | 2024-09-30 | 2.4 M | Millennium Management Llc | 2024-06-30 | 1.8 M |
ESS Market Capitalization
The company currently falls under 'Micro-Cap' category with a total capitalization of 71.3 M.ESS Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.56) | (0.59) | |
| Return On Capital Employed | (0.70) | (0.73) | |
| Return On Assets | (0.54) | (0.57) | |
| Return On Equity | (0.75) | (0.79) |
Management Efficiency
ESS Tech has Return on Asset of (0.4176) % which means that on every $100 spent on assets, it lost $0.4176. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.8777) %, meaning that it generated no profit with money invested by stockholders. ESS Tech's management efficiency ratios could be used to measure how well ESS Tech manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.59. The current Return On Capital Employed is estimated to decrease to -0.73. As of now, ESS Tech's Intangibles To Total Assets are increasing as compared to previous years. The ESS Tech's current Fixed Asset Turnover is estimated to increase to 0.43, while Total Assets are projected to decrease to under 131.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.65 | 0.61 | |
| Tangible Book Value Per Share | 0.62 | 0.58 | |
| Enterprise Value Over EBITDA | (34.23) | (35.94) | |
| Price Book Value Ratio | 26.46 | 17.52 | |
| Enterprise Value Multiple | (34.23) | (35.94) | |
| Price Fair Value | 26.46 | 17.52 | |
| Enterprise Value | 2.7 B | 2.9 B |
Effective management at ESS Tech has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Operating Margin (66.45) | Beta 1.414 | Return On Assets (0.42) | Return On Equity (0.88) |
Technical Drivers
As of the 25th of November, ESS Tech shows the Market Risk Adjusted Performance of (0.03), standard deviation of 8.11, and Mean Deviation of 6.04. ESS Tech 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.ESS Tech Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ESS Tech middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ESS Tech. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ESS Tech 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 ESS Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on ESS Tech'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 ESS Tech 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.
ESS Tech Outstanding Bonds
ESS Tech 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. ESS Tech 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 ESS bonds can be classified according to their maturity, which is the date when ESS Tech 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 |
ESS Tech Predictive Daily Indicators
ESS Tech 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 ESS Tech 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.
ESS Tech Corporate Filings
F4 | 18th 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 | 13th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 1st of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
F4 | 17th of September 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 |
F4 | 3rd of September 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 | 26th of August 2024 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 23rd of August 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
ESS Tech Forecast Models
ESS Tech's time-series forecasting models are one of many ESS Tech'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 ESS Tech'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.About ESS Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ESS Tech 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 ESS 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 ESS Tech. By using and applying ESS Stock analysis, traders can create a robust methodology for identifying ESS entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (10.29) | (10.80) | |
| Operating Profit Margin | (10.25) | (10.77) | |
| Net Loss | (10.29) | (10.80) | |
| Gross Profit Margin | (1.72) | (1.80) |
Current ESS Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ESS 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. ESS 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.
| Target Price | Advice | # of Analysts | |
| 2.66 | Buy | 6 | Odds |
Most ESS analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ESS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ESS Tech, talking to its executives and customers, or listening to ESS conference calls.
ESS Stock Analysis Indicators
ESS Tech stock analysis indicators help investors evaluate how ESS Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ESS Tech shares will generate the highest return on investment. By understating and applying ESS Tech stock analysis, traders can identify ESS Tech position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 36.7 M | |
| Common Stock Shares Outstanding | 160 M | |
| Total Stockholder Equity | 103.4 M | |
| Property Plant And Equipment Net | 18.4 M | |
| Cash And Short Term Investments | 108.1 M | |
| Cash | 20.2 M | |
| Accounts Payable | 2.8 M | |
| Net Debt | -17.6 M | |
| 50 Day M A | 7.1112 | |
| Total Current Liabilities | 19.8 M | |
| Other Operating Expenses | 93.4 M | |
| Non Current Assets Total | 25.1 M | |
| Non Currrent Assets Other | 1.8 M | |
| Stock Based Compensation | 10.6 M |
Complementary Tools for ESS Stock analysis
When running ESS Tech's price analysis, check to measure ESS Tech'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 ESS Tech is operating at the current time. Most of ESS Tech's value examination focuses on studying past and present price action to predict the probability of ESS Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESS Tech's price. Additionally, you may evaluate how the addition of ESS Tech to your portfolios can decrease your overall portfolio volatility.
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