With 3.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.15 million shares. The 52-week range on AEVA shows that it touched its highest point at $11.12 and its lowest point at $2.20 during that stretch. It currently has a 1-year price target of $8.30.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AEVA was up-trending over the past week, with a rise of 67.27%, but this was up by 73.50% over a month. Three-month performance surged to 217.80% while six-month performance rose 202.32%. The stock gained 276.59% in the past year, while it has gained 174.32% so far this year. A look at the trailing 12-month EPS for AEVA yields -2.85 with Next year EPS estimates of -1.64. For the next quarter, that number is -0.48. This implies an EPS growth rate of 16.68% for this year and 9.51% for next year. EPS is expected to grow by 21.74% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -678.17%.
Float and Shares Shorts:
At present, 54.14 million AEVA shares are outstanding with a float of 30.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEVA since 4 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.22491 being high and -$2.29507 being low. For AEVA, this leads to a yearly average estimate of -$2.265. Based on analyst estimates, the high estimate for the next quarter is -$0.45 and the low estimate is -$0.47. The average estimate for the next quarter is thus -$0.46.
