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Sunnova Energy International (NOVA)
NYSE:NOVA
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NOVA Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.37 - $16.36
Previous Close$12.24
Volume5.60M
Average Volume (3M)6.56M
Market Cap
$1.53B
Enterprise Value$10.18B
Total Cash (Recent Filing)$253.22M
Total Debt (Recent Filing)$7.98B
Price to Earnings (P/E)―
Beta2.87
Next Earnings
Oct 23, 2024EPS Estimate
-$0.52Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.90
Shares Outstanding124,864,454
10 Day Avg. Volume4,091,871
30 Day Avg. Volume6,555,803
Standard Deviation0.23
R-Squared0.24
Alpha-0.00117
Financial Highlights & Ratios
Price to Book (P/B)0.88
Price to Sales (P/S)1.88
Price to Cash Flow (P/CF)-4.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.08
Enterprise Value/Gross Profit34.74
Enterprise Value/Ebitda156.84
Forecast
1Y Price Target
$12.85Price Target Upside5.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Sunnova Energy International News
PremiumCompany Announcements
Sunnova Secures $320M in Solar Assets Securitization DealBulls Say, Bears Say
Bulls Say
Cash GenerationNOVA increased its 2024-26 cash generation guidance on domestic content.
Debt ManagementHigher cash generation in 2024-26 helps reduce refinancing risk for $1B notes.
Financial PerformanceNOVA reported strong 2Q24 results, with revenue and adjusted EBITDA exceeding expectations.
Bears Say
Customer GrowthCustomer growth was ~26.5K for the quarter, missing our estimate of ~31.3K.
GuidanceThe company lowered FY2024 guidance for customer additions and P&I payments.
Legal RisksA successful FOMB lawsuit could turn Puerto Rico into a net billing market, a net negative for NOVA who does business on the island.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NOVA FAQ
What was Sunnova Energy International’s price range in the past 12 months?
Sunnova Energy International lowest stock price was $3.37 and its highest was $16.36 in the past 12 months.
What is Sunnova Energy International’s market cap?
Currently, no data Available
When is Sunnova Energy International’s upcoming earnings report date?
Sunnova Energy International’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were Sunnova Energy International’s earnings last quarter?
Sunnova Energy International released its earnings results on Jul 31, 2024. The company reported -$0.27 earnings per share for the quarter, beating the consensus estimate of -$0.684 by $0.414.
Is Sunnova Energy International overvalued?
According to Wall Street analysts Sunnova Energy International’s price is currently Undervalued.
Does Sunnova Energy International pay dividends?
Sunnova Energy International does not currently pay dividends.
What is Sunnova Energy International’s EPS estimate?
Sunnova Energy International’s EPS estimate is -$0.52.
How many shares outstanding does Sunnova Energy International have?
Sunnova Energy International has 124,864,456 shares outstanding.
What happened to Sunnova Energy International’s price movement after its last earnings report?
Sunnova Energy International reported an EPS of -$0.27 in its last earnings report, beating expectations of -$0.684. Following the earnings report the stock price went up 17.397%.
Which hedge fund is a major shareholder of Sunnova Energy International?
Among the largest hedge funds holding Sunnova Energy International’s share is Ardsley Advisory Partners. It holds Sunnova Energy International’s shares valued at 279K.
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Sunnova Energy International Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$12.85 (5.76% Upside)
$12.85 (5.76% Upside)
Blogger Sentiment
Neutral
NOVA Sentiment 56%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 328.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $870.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 3.4%
Last 30 Days ▼ 3.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.82%
12-Months-Change
Fundamentals
Return on Equity
-22.59%
Trailing 12-Months
Asset Growth
30.75%
Trailing 12-Months
Company Description
Sunnova Energy International
Sunnova Energy International, Inc. engages in providing solar and energy storage services. It also offers services to customers who purchased their solar energy system through unaffiliated third parties. The company was founded in January, 2013 and is headquartered in Houston, TX.
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NOVA Company Deck
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NOVA Earnings Call
Q2 2024
0:00 / 0:00
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NOVA Stock 12 Month Forecast
Average Price Target
$12.85
▲(5.76% Upside)
Technical Analysis
Best Analysts Covering NOVA
1 Year
1 Year Success Rate
11/16 ratings generated profit
1 Year Average Return
+67.53%
assigned a buy rating 2 months ago
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +67.53% per trade.
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