Fluence Energy Inc (NASDAQ: FLNC)’s stock price has gone decline by -15.87 in comparison to its previous close of 23.50, however, the company has experienced a -6.26% decrease in its stock price over the last five trading days. zacks.com reported 2024-11-25 that Fluence Energy, Inc. (FLNC) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.02 per share a year ago.
Is It Worth Investing in Fluence Energy Inc (NASDAQ: FLNC) Right Now?
The price-to-earnings ratio for Fluence Energy Inc (NASDAQ: FLNC) is 120.77x, which is above its average ratio. Moreover, the 36-month beta value for FLNC is 2.52. Analysts have varying opinions on the stock, with 15 analysts rating it as a “buy,” 8 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for FLNC is 74.10M and currently, short sellers hold a 14.89% of that float. On November 26, 2024, FLNC’s average trading volume was 1.68M shares.
FLNC’s Market Performance
FLNC stock saw a decrease of -6.26% in the past week, with a monthly decline of -5.00% and a quarterly a decrease of 9.89%. The volatility ratio for the week is 7.52%, and the volatility levels for the last 30 days are 6.99% for Fluence Energy Inc (FLNC). The simple moving average for the last 20 days is -6.27% for FLNC’s stock, with a simple moving average of 5.65% for the last 200 days.
Analysts’ Opinion of FLNC
Many brokerage firms have already submitted their reports for FLNC stocks, with Exane BNP Paribas repeating the rating for FLNC by listing it as a “Neutral.” The predicted price for FLNC in the upcoming period, according to Exane BNP Paribas is $22 based on the research report published on November 08, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see FLNC reach a price target of $24, previously predicting the price at $32. The rating they have provided for FLNC stocks is “Neutral” according to the report published on October 01st, 2024.
Jefferies gave a rating of “Buy” to FLNC, setting the target price at $26 in the report published on September 04th of the current year.
FLNC Trading at -7.09% from the 50-Day Moving Average
After a stumble in the market that brought FLNC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.88% of loss for the given period.
Volatility was left at 6.99%, however, over the last 30 days, the volatility rate increased by 7.52%, as shares sank -4.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.68% lower at present.
During the last 5 trading sessions, FLNC fell by -6.00%, which changed the moving average for the period of 200-days by -10.54% in comparison to the 20-day moving average, which settled at $21.10. In addition, Fluence Energy Inc saw -17.11% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLNC starting from BULLS HERMAN E, who purchase 10,000 shares at the price of $16.81 back on Aug 13 ’24. After this action, BULLS HERMAN E now owns 65,861 shares of Fluence Energy Inc, valued at $168,140 using the latest closing price.
Zahurancik John, the SVP and President, Americas of Fluence Energy Inc, sale 25,000 shares at $24.22 during a trade that took place back on Jun 12 ’24, which means that Zahurancik John is holding 96,005 shares at $605,500 based on the most recent closing price.
Stock Fundamentals for FLNC
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.13 for the gross margin
The net margin for Fluence Energy Inc stands at 0.01. The total capital return value is set at 0.06. Equity return is now at value 5.20, with 1.40 for asset returns.
Based on Fluence Energy Inc (FLNC), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 3.71. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 34.59.
Currently, EBITDA for the company is 43.35 million with net debt to EBITDA at -15.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.76. The receivables turnover for the company is 6.43for trailing twelve months and the total asset turnover is 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To wrap up, the performance of Fluence Energy Inc (FLNC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
