Evolv Technologies Holdings Stock Today

EVLV Stock  USD 3.45  0.10  2.82%   

Performance

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Odds Of Distress

Less than 46

 
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Evolv Technologies is selling for under 3.45 as of the 18th of March 2024; that is -2.82 percent decrease since the beginning of the trading day. The stock's lowest day price was 3.45. Evolv Technologies has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Evolv Technologies Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
22nd of September 2020
Category
Industrials
Classification
Information Technology
Evolv Technologies Holdings, Inc. provides artificial intelligence -based touchless security screening systems. Its products include Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and tactical knives as visitors walk through at a normal pace Evolv Insights that provides self-serve access, insights regarding visitor flow and arrival curves, location specific performance, system detection performance, and alarm statistics and Evolv Edge to detect non-metallic explosive devices, explosive devices, firearms, and tactical knives without requiring visitors to divest or empty their pockets. The company has 152.18 M outstanding shares of which 7.92 M shares are currently shorted by private and institutional investors with about 5.62 trading days to cover. More on Evolv Technologies Holdings

Moving against Evolv Stock

  0.56KODK Eastman Kodak Report 21st of March 2024 PairCorr
  0.47WDC Western Digital Fiscal Quarter End 31st of March 2024 PairCorr

Evolv Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Evolv Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evolv Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentPeter George
Thematic Ideas
(View all Themes)
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Adviser Favorites, Computers, Hedge Favorites, Information Technology, Electronic Equipment, Instruments & Components, Security & Protection Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Evolv Technologies report their recommendations after researching Evolv Technologies' financial statements, talking to executives and customers, or listening in on Evolv Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Evolv Technologies. The Evolv consensus assessment is calculated by taking the average forecast from all of the analysts covering Evolv Technologies.
Financial Strength
Based on the key indicators related to Evolv Technologies' liquidity, profitability, solvency, and operating efficiency, Evolv Technologies Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Evolv Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.210.2692
Significantly Down
Slightly volatile
Gross Profit Margin0.440.4207
Sufficiently Up
Slightly volatile
Total Current Liabilities41.1 M82 M
Way Down
Slightly volatile
Non Current Liabilities Total55.6 M70.4 M
Significantly Down
Slightly volatile
Total Assets232.3 M298.7 M
Significantly Down
Slightly volatile
Total Current Assets183.2 M175.8 M
Sufficiently Up
Slightly volatile
Evolv Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Evolv Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Evolv Technologies' financial leverage. It provides some insight into what part of Evolv Technologies' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Evolv Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Evolv Technologies deploys its capital and how much of that capital is borrowed.
Liquidity
Evolv Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.39 M in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest the company is not taking enough advantage from borrowing. Evolv Technologies has a current ratio of 6.57, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Evolv Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Evolv Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Evolv Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Evolv to invest in growth at high rates of return. When we think about Evolv Technologies' use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(116.96 Million)
Evolv Technologies Holdings (EVLV) is traded on NASDAQ Exchange in USA. It is located in 500 Totten Pond Road, Waltham, MA, United States, 02451 and employs 293 people. Evolv Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 540.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evolv Technologies's market, we take the total number of its shares issued and multiply it by Evolv Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Evolv Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 152.18 M outstanding shares of which 7.92 M shares are currently shorted by private and institutional investors with about 5.62 trading days to cover. Evolv Technologies Holdings currently holds about 218.5 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51.
Check Evolv Technologies Probability Of Bankruptcy
Ownership Allocation
Evolv Technologies holds a total of 152.18 Million outstanding shares. Over half of Evolv Technologies' outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Evolv Technologies. Please watch out for any change in the institutional holdings of Evolv Technologies as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Evolv Ownership Details

Evolv Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Evolv Technologies jumping above the current price in 90 days from now is about 99.0%. The Evolv Technologies Holdings probability density function shows the probability of Evolv Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.9237 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Evolv Technologies will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Evolv Technologies is significantly underperforming NYSE Composite.
  Odds Below 3.45HorizonTargetOdds Above 3.45
1.26%90 days
 3.45 
98.73%
Based on a normal probability distribution, the odds of Evolv Technologies to move above the current price in 90 days from now is about 99.0 (This Evolv Technologies Holdings probability density function shows the probability of Evolv Stock to fall within a particular range of prices over 90 days) .

Evolv Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Evolv Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Evolv Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Evolv Technologies' value.
InstituionRecorded OnShares
Rima Management, Llc2023-12-31
1.5 M
D. E. Shaw & Co Lp2023-09-30
1.2 M
Ubs O'connor Llc2023-12-31
956.6 K
Northern Trust Corp2023-12-31
933 K
Voloridge Investment Management, Llc2023-09-30
765.3 K
Yost Capital Management, L.l.c.2023-12-31
743.5 K
Royce & Associates, Lp2023-12-31
697 K
Charles Schwab Investment Management Inc2023-12-31
693 K
Goldman Sachs Group Inc2023-12-31
662.4 K
General Catalyst Group Management, Llc2023-12-31
10.8 M
Data Collective Iv Gp, Llc2023-12-31
9.7 M
View Evolv Technologies Diagnostics

Evolv Technologies Historical Income Statement

Evolv Technologies Holdings Income Statement is one of the three primary financial statements used for reporting Evolv's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Evolv Technologies revenue and expense. Evolv Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Evolv Technologies' Net Interest Income is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 89.2 M in 2024, whereas Interest Expense is likely to drop slightly above 621.3 K in 2024. View More Fundamentals

Evolv Stock Against Markets

Picking the right benchmark for Evolv Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Evolv Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Evolv Technologies is critical whether you are bullish or bearish towards Evolv Technologies Holdings at a given time. Please also check how Evolv Technologies' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Evolv Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Evolv Technologies Corporate Directors

Evolv Technologies corporate directors refer to members of an Evolv Technologies board of directors. The board of directors generally takes responsibility for the Evolv Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Evolv Technologies' board members must vote for the resolution. The Evolv Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Evolv Stock?

Before investing in Evolv Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Evolv Technologies. To buy Evolv Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Evolv Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Evolv Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Evolv Technologies Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Evolv Technologies Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Evolv Technologies Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Evolv Stock please use our How to Invest in Evolv Technologies guide.

Already Invested in Evolv Technologies Holdings?

The danger of trading Evolv Technologies Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Evolv Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Evolv Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Evolv Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Evolv Technologies is a strong investment it is important to analyze Evolv Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evolv Technologies' future performance. For an informed investment choice regarding Evolv Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Evolv Technologies' price analysis, check to measure Evolv Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Evolv Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evolv Technologies. If investors know Evolv will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evolv Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
0.539
Quarterly Revenue Growth
0.045
Return On Assets
(0.17)
Return On Equity
(0.57)
The market value of Evolv Technologies is measured differently than its book value, which is the value of Evolv that is recorded on the company's balance sheet. Investors also form their own opinion of Evolv Technologies' value that differs from its market value or its book value, called intrinsic value, which is Evolv Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evolv Technologies' market value can be influenced by many factors that don't directly affect Evolv Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evolv Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolv Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolv Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.