Sunnova Energy International Stock Analysis
NOVA Stock | USD 4.37 0.14 3.31% |
Sunnova Energy International is overvalued with Real Value of 4.2 and Target Price of 22.5. The main objective of Sunnova Energy stock analysis is to determine its intrinsic value, which is an estimate of what Sunnova Energy International is worth, separate from its market price. There are two main types of Sunnova Energy's stock analysis: fundamental analysis and technical analysis.
The Sunnova Energy 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 Sunnova Energy's ongoing operational relationships across important fundamental and technical indicators.
Sunnova |
Sunnova Stock Analysis Notes
About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.3. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sunnova Energy Inter has Price/Earnings To Growth (PEG) ratio of 1.04. The entity recorded a loss per share of 3.38. The firm had not issued any dividends in recent years. Sunnova Energy International Inc. provides residential energy services in the United States. Sunnova Energy International Inc. was incorporated in 2012 and is headquartered in Houston, Texas. Sunnova Energy operates under Solar classification in the United States and is traded on New York Stock Exchange. It employs 736 people. To find out more about Sunnova Energy International contact William Berger at 281 892 1588 or learn more at https://www.sunnova.com.Sunnova Energy Quarterly Total Revenue |
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Sunnova Energy Inter Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Sunnova Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Sunnova Energy International or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Sunnova Energy Inter generated a negative expected return over the last 90 days | |
Sunnova Energy Inter has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 720.65 M. Net Loss for the year was (502.43 M) with profit before overhead, payroll, taxes, and interest of 299.31 M. | |
Sunnova Energy International currently holds about 412.58 M in cash with (237.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59. | |
Over 98.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Why Sunnova Energy Stock Leaped 23 percent Higher Today |
Sunnova Energy Inter 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 Sunnova Energy 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.
21st of February 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
21st of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Sunnova Largest EPS Surprises
Earnings surprises can significantly impact Sunnova Energy'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 | |||
---|---|---|---|---|---|---|---|
2022-04-27 | 2022-03-31 | -0.27 | -0.3 | -0.03 | 11 | ||
2019-10-31 | 2019-09-30 | -0.16 | -0.26 | -0.1 | 62 | ||
2021-04-28 | 2021-03-31 | -0.16 | -0.27 | -0.11 | 68 |
Sunnova Energy Environmental, Social, and Governance (ESG) Scores
Sunnova Energy's ESG score is a quantitative measure that evaluates Sunnova Energy'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 Sunnova Energy's operations that may have significant financial implications and affect Sunnova Energy's stock price as well as guide investors towards more socially responsible investments.
Sunnova Stock Institutional Investors
Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | Electron Capital Partners, Llc | 2024-06-30 | 3 M | Millennium Management Llc | 2024-06-30 | 2.5 M | Geode Capital Management, Llc | 2024-06-30 | 2.5 M | Point72 Asset Management, L.p. | 2024-06-30 | 2.4 M | Citadel Advisors Llc | 2024-06-30 | 2.4 M | Ci Private Wealth Llc | 2024-06-30 | 2.3 M | Bank Of America Corp | 2024-06-30 | 2.3 M | Goldman Sachs Group Inc | 2024-06-30 | 2.2 M | Bnp Paribas Investment Partners Sa | 2024-06-30 | 14.1 M | Blackrock Inc | 2024-06-30 | 13.2 M |
Sunnova Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 546.04 M.Sunnova Profitablity
The company has Profit Margin (PM) of (0.51) %, 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 (0.22) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.22.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.04) | (0.04) | |
Return On Capital Employed | (0.02) | (0.02) | |
Return On Assets | (0.04) | (0.04) | |
Return On Equity | (0.27) | (0.29) |
Management Efficiency
Sunnova Energy Inter has return on total asset (ROA) of (0.0114) % which means that it has lost $0.0114 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2272) %, meaning that it created substantial loss on money invested by shareholders. Sunnova Energy's management efficiency ratios could be used to measure how well Sunnova Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to -0.04. In addition to that, Return On Capital Employed is expected to decline to -0.02. At present, Sunnova Energy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.3 B, whereas Non Currrent Assets Other are forecasted to decline to about 531.2 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 17.99 | 10.94 | |
Tangible Book Value Per Share | 16.86 | 10.42 | |
Enterprise Value Over EBITDA | -2.3 K | -2.2 K | |
Price Book Value Ratio | 1.18 | 2.30 | |
Enterprise Value Multiple | -2.3 K | -2.2 K | |
Price Fair Value | 1.18 | 2.30 | |
Enterprise Value | 6.4 B | 3.3 B |
The leadership approach at Sunnova Energy's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Operating Margin (0.22) | Profit Margin (0.51) | Beta 2.262 | Return On Assets (0.01) | Return On Equity (0.23) |
Technical Drivers
As of the 22nd of November, Sunnova Energy has the Variance of 89.24, coefficient of variation of (1,341), and Risk Adjusted Performance of (0.05). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sunnova Energy Inter, as well as the relationship between them.Sunnova Energy Inter Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Sunnova Energy 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 Sunnova Energy Inter. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Sunnova Energy Inter 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 Sunnova Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sunnova Energy'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 Sunnova Energy 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.
Robertson Corbin J Iii over a week ago Acquisition by Robertson Corbin J Iii of 85048 shares of Sunnova Energy at 3.3189 subject to Rule 16b-3 | ||
William Berger over two months ago Disposition of 48413 shares by William Berger of Sunnova Energy at 7.0468 subject to Rule 16b-3 | ||
Yang Mary over a year ago Exercise or conversion by Yang Mary of 7255 shares of Sunnova Energy subject to Rule 16b-3 | ||
Santo Salvo John T over a year ago Acquisition by Santo Salvo John T of 6456 shares of Sunnova Energy subject to Rule 16b-3 |
Sunnova Energy Outstanding Bonds
Sunnova Energy 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. Sunnova Energy Inter 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 Sunnova bonds can be classified according to their maturity, which is the date when Sunnova Energy International 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.
Sunnova Energy Predictive Daily Indicators
Sunnova Energy 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 Sunnova Energy 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.
Sunnova Energy Corporate Filings
13A | 21st of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 20th 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 |
F4 | 19th 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 |
F4 | 14th 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 |
13th of November 2024 Other Reports | ViewVerify | |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 31st of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Sunnova Energy Forecast Models
Sunnova Energy's time-series forecasting models are one of many Sunnova Energy'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 Sunnova Energy'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 Sunnova Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Sunnova Energy 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 Sunnova 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 Sunnova Energy. By using and applying Sunnova Stock analysis, traders can create a robust methodology for identifying Sunnova entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.70) | (0.73) | |
Operating Profit Margin | (0.34) | (0.35) | |
Net Loss | (0.58) | (0.61) | |
Gross Profit Margin | 0.41 | 0.62 |
Current Sunnova Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sunnova 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. Sunnova 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 | |
22.5 | Strong Buy | 25 | Odds |
Most Sunnova 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 Sunnova stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sunnova Energy Inter, talking to its executives and customers, or listening to Sunnova conference calls.
Sunnova Stock Analysis Indicators
Sunnova Energy International stock analysis indicators help investors evaluate how Sunnova Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Sunnova Energy shares will generate the highest return on investment. By understating and applying Sunnova Energy stock analysis, traders can identify Sunnova Energy position entry and exit signals to maximize returns.
Begin Period Cash Flow | 545.6 M | |
Long Term Debt | 7 B | |
Common Stock Shares Outstanding | 118.3 M | |
Total Stockholder Equity | 1.5 B | |
Tax Provision | -1 M | |
Property Plant And Equipment Net | 5.6 B | |
Cash And Short Term Investments | 212.8 M | |
Cash | 212.8 M | |
Accounts Payable | 355.8 M | |
Net Debt | 7.3 B | |
50 Day M A | 6.923 | |
Total Current Liabilities | 1.1 B | |
Other Operating Expenses | 964.1 M | |
Non Current Assets Total | 10.4 B | |
Forward Price Earnings | 100 | |
Non Currrent Assets Other | 559.2 M | |
Stock Based Compensation | 25.5 M |
Complementary Tools for Sunnova Stock analysis
When running Sunnova Energy's price analysis, check to measure Sunnova Energy'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 Sunnova Energy is operating at the current time. Most of Sunnova Energy's value examination focuses on studying past and present price action to predict the probability of Sunnova Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunnova Energy's price. Additionally, you may evaluate how the addition of Sunnova Energy to your portfolios can decrease your overall portfolio volatility.
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