The stock of Sunnova Energy International Inc (NOVA) has gone down by -2.63% for the week, with a -42.37% drop in the past month and a -46.22% drop in the past quarter. The volatility ratio for the week is 11.40%, and the volatility levels for the past 30 days are 10.22% for NOVA. The simple moving average for the last 20 days is -20.40% for NOVA stock, with a simple moving average of -68.40% for the last 200 days.
Is It Worth Investing in Sunnova Energy International Inc (NYSE: NOVA) Right Now?
NOVA has 36-month beta value of 2.61. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 4 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for NOVA is 115.31M, and currently, short sellers hold a 33.42% ratio of that float. The average trading volume of NOVA on February 25, 2025 was 9.55M shares.
NOVA) stock’s latest price update
Sunnova Energy International Inc (NYSE: NOVA)’s stock price has plunge by -5.13relation to previous closing price of 1.95. Nevertheless, the company has seen a -2.63% plunge in its stock price over the last five trading sessions. zacks.com reported 2025-02-24 that Sunnova Energy (NOVA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts’ Opinion of NOVA
Many brokerage firms have already submitted their reports for NOVA stocks, with Jefferies repeating the rating for NOVA by listing it as a “Hold.” The predicted price for NOVA in the upcoming period, according to Jefferies is $2 based on the research report published on February 07, 2025 of the current year 2025.
Susquehanna, on the other hand, stated in their research note that they expect to see NOVA reach a price target of $4.50. The rating they have provided for NOVA stocks is “Neutral” according to the report published on January 10th, 2025.
TD Cowen gave a rating of “Hold” to NOVA, setting the target price at $5 in the report published on December 19th of the previous year.
NOVA Trading at -40.98% from the 50-Day Moving Average
After a stumble in the market that brought NOVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.77% of loss for the given period.
Volatility was left at 10.22%, however, over the last 30 days, the volatility rate increased by 11.40%, as shares sank -42.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -58.80% lower at present.
During the last 5 trading sessions, NOVA fell by -2.63%, which changed the moving average for the period of 200-days by -60.39% in comparison to the 20-day moving average, which settled at $2.3240. In addition, Sunnova Energy International Inc saw -46.06% 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 NOVA starting from Mathews Paul S, who proposed sale 562 shares at the price of $1.84 back on Feb 03 ’25. After this action, Mathews Paul S now owns shares of Sunnova Energy International Inc, valued at $1,036 using the latest closing price.
ROBERTSON CORBIN J III, the Director of Sunnova Energy International Inc, purchase 35,000 shares at $3.56 during a trade that took place back on Nov 19 ’24, which means that ROBERTSON CORBIN J III is holding 120,048 shares at $124,498 based on the most recent closing price.
Stock Fundamentals for NOVA
Current profitability levels for the company are sitting at:
- -0.36 for the present operating margin
- 0.43 for the gross margin
The net margin for Sunnova Energy International Inc stands at -0.51. The total capital return value is set at -0.02. Equity return is now at value -24.77, with -3.49 for asset returns.
Based on Sunnova Energy International Inc (NOVA), the company’s capital structure generated 0.82 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at 4.63. The interest coverage ratio of the stock is -0.52.
Currently, EBITDA for the company is 50.31 million with net debt to EBITDA at 92.68. When we switch over and look at the enterprise to sales, we see a ratio of 10.2. The receivables turnover for the company is 1.56for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
To put it simply, Sunnova Energy International Inc (NOVA) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
