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.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

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

235.29 Million

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
2022-03-31-0.27-0.3-0.0311 
2019-10-31
2019-09-30-0.16-0.26-0.162 
2021-04-28
2021-03-31-0.16-0.27-0.1168 
View All Earnings Estimates

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 Accounts2024-06-30
3.7 M
Electron Capital Partners, Llc2024-06-30
M
Millennium Management Llc2024-06-30
2.5 M
Geode Capital Management, Llc2024-06-30
2.5 M
Point72 Asset Management, L.p.2024-06-30
2.4 M
Citadel Advisors Llc2024-06-30
2.4 M
Ci Private Wealth Llc2024-06-30
2.3 M
Bank Of America Corp2024-06-30
2.3 M
Goldman Sachs Group Inc2024-06-30
2.2 M
Bnp Paribas Investment Partners Sa2024-06-30
14.1 M
Blackrock Inc2024-06-30
13.2 M
Note, although Sunnova Energy'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.

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 ReportedProjected 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 ReportedProjected 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 Value6.4 B3.3 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

Execute Study
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.

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 ReportedProjected 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 PriceAdvice# of Analysts
22.5Strong Buy25Odds
Sunnova Energy International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details

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 Flow545.6 M
Long Term DebtB
Common Stock Shares Outstanding118.3 M
Total Stockholder Equity1.5 B
Tax Provision-1 M
Property Plant And Equipment Net5.6 B
Cash And Short Term Investments212.8 M
Cash212.8 M
Accounts Payable355.8 M
Net Debt7.3 B
50 Day M A6.923
Total Current Liabilities1.1 B
Other Operating Expenses964.1 M
Non Current Assets Total10.4 B
Forward Price Earnings100
Non Currrent Assets Other559.2 M
Stock Based Compensation25.5 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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