Eos Energy Enterprises Inc (NASDAQ:EOSE) currently has a daily average trading volume of 6.90M but it saw 4875560 shares traded in last market. With a market cap of 665.30M USD, the company’s current market price of $3.07 came falling about -0.81 while comparing to the previous closing price of $3.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.66 and as low as $0.61. In the recent trading on the day, stock has struck highest price mark of $2.97 while lowest mark touched by it was $3.18.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Stifel which resumed the stock as “Buy” in its note to investors issued on August 21, 2024, recommending a price target of $6 for it. Guggenheim issued its recommendations for the stock as it upgraded the price target for the stock is $10.
Over the week, EOSE’s stock price is moving -11.01% down while it is 18.99% when we observe its performance for the past one month. Year-to-date it is 181.65% up and over the past year, the stock is showing an upside performance of 91.87%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.11 beat the consensus estimate of -0.31 for the same. The company is expected to be releasing its next quarterly report on 2024-Nov-05, for which analysts forecasted an EPS of -0.18 while estimate for next year EPS is -0.81. In next quarter, company is expected to be making quarterly sales of $46.87M as analysts are expecting the sales for current fiscal year at $62.33M and seeing the company making $302.6M in sales next year. Moreover, analysts are in estimates of $6.48M for current-quarter revenue.
Currently, Eos Energy Enterprises Inc’s total number of outstanding shares is 216.71M with 2.49% of that held by the insiders while 32.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6189.93%. Stock’s beta reads 2.40. Stock has a price to sale or P/S ratio amounts to 44.98. Its return on asset (ROA) is -69.79% on average.
