Sunnova Energy International Inc. (NOVA): Investor showing Interest in it


Sunnova Energy International Inc. (NYSE:NOVA) changes shares on Thursday trading session, with a change of -0.52% or -$0.1 shares. The trading starts at $19.47 and closed at $19.21 throughout the day. The trading session low price was $18.82 and day high was $19.47 on Thursday, June 25. After the session, the Technology sector daily volume shifted to 0.41 million while its average volume is 575.35K. In other hand, the NOVA market cap reached to $1.54B. While, its current target price is $19.11 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.79% and up 31.98% for month. Its quarterly performance was 51.55% above, while its half year performance is up 65.03%. NOVA performance rise 71.24% for year-to-date. Current recommendation for Sunnova Energy International Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NOVA EPS (TTM) for 12-month is -2.40. EPS for this year is -164.60%, while for the next year its value is -0.18. Its EPS Q/Q reached -44.70%.

Let’s take a look on the analyst recommendations on NOVA for the current month and previous month. For the current month, 6 of 9 analysts recommend stock as Buy while 0 as Sell, 2 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 9 analysts participate in stock recommendation. Out of 9, 0 rated it sell, 6 rated it as Buy and 1 as Hold Ratings. On the other hand, target price ranges from $16.50-$24.00. Average target price for NOVA was reached at $19.83.

ECP ControlCo, LLC, Newlight Partners LP and Avalon Investment & Advisory are the top three holders in Sunnova Energy International Inc. (NOVA) stock. On Mar 30, 2020, ECP ControlCo, LLC has 36.88 million shares which valued 371.35 million. On Mar 30, 2020, Newlight Partners LP owned 9.64 million shares which valued at 97.03 million. On Mar 30, 2020, Avalon Investment & Advisory has a total of 4.34 million shares which valued at 43.73 million. In the end, Avalon Investment & Advisory have 5.17% shares outstanding of Sunnova Energy International Inc. (NOVA) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 92.60%.

The company posted an EPS (TTM) of -2.40. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of -0.19. Analyst Estimated EPS for NOVA published in the report was -0.58-0.27 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NOVA rise 52.96% for period of 200 days. SMA for 50 days was 32.00% which is showing green signal, while SMA-20 was 12.40%. The moving average value for Sunnova Energy International Inc. (NOVA) is 13.46 and 15.66 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NOVA stock. On Jun 02, Berger William J, See Remarks, bought 1,000 trading shares at the cost of $15.46, which valued at 15460.0. On May 27, Berger William J, See Remarks, bought 500 shares at the cost of $13.60, with total shares of 57,564. On May 22, Andrew Anne S, Director, bought 3,650 shares at the cost of 13.69. After this transaction, Andrew Anne S total shares reached to 18,650 which valued at 49973.0.