Enviva Partners Lp Stock Today

EVA Stock  USD 0.36  0.04  10.00%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
Enviva Partners is trading at 0.36 as of the 19th of April 2024, a -10 percent decrease since the beginning of the trading day. The stock's open price was 0.4. Enviva Partners has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Enviva Partners LP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Energy
IPO Date
29th of April 2015
Category
Basic Materials
The companys products are used as a substitute for coal in power generation, and combined heat and power plants. Enviva Inc. was incorporated in 2013 and is headquartered in Bethesda, Maryland. Enviva Partners operates under Lumber Wood Production classification in the United States and is traded on New York Stock Exchange. The company has 74.5 M outstanding shares of which 5.38 M shares are currently shorted by investors with about 0.89 days to cover. More on Enviva Partners LP

Enviva 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. Enviva Partners' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Enviva Partners or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CFO, CEOGlenn Nunziata
Thematic IdeaConstruction Materials (View all Themes)
Business ConcentrationOil, Gas & Consumable Fuels, Lumber & Wood Production, Basic Materials, NYSE Composite, Construction Materials, Energy, Oil, Gas & Consumable Fuels, Lumber & Wood Production, Basic Materials (View all Sectors)
Average Analyst Recommendation
Analysts covering Enviva Partners report their recommendations after researching Enviva Partners' financial statements, talking to executives and customers, or listening in on Enviva Partners' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Enviva Partners LP. The Enviva consensus assessment is calculated by taking the average forecast from all of the analysts covering Enviva Partners.
Financial Strength
Based on the key indicators related to Enviva Partners' liquidity, profitability, solvency, and operating efficiency, Enviva Partners LP is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Enviva Partners LP is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.50.39
Significantly Up
Very volatile
Gross Profit Margin0.0880.14
Way Down
Slightly volatile
Net Debt2.1 BB
Sufficiently Up
Slightly volatile
Total Current Liabilities552.7 M526.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.2 B2.1 B
Sufficiently Up
Slightly volatile
Total Assets3.1 B2.9 B
Sufficiently Up
Slightly volatile
Total Current Assets447.2 M425.9 M
Sufficiently Up
Slightly volatile
Enviva Partners' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Enviva Partners' 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 Enviva Partners' financial leverage. It provides some insight into what part of Enviva Partners' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Enviva Partners' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Enviva Partners deploys its capital and how much of that capital is borrowed.
Liquidity
Enviva Partners 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 has 1.71 B in debt with debt to equity (D/E) ratio of 3.17, meaning that the company heavily relies on borrowing funds for operations. Enviva Partners LP has a current ratio of 0.94, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enviva Partners until it has trouble settling it off, either with new capital or with free cash flow. So, Enviva Partners' 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 Enviva Partners LP sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enviva to invest in growth at high rates of return. When we think about Enviva Partners' use of debt, we should always consider it together with cash and equity.

Change To Inventory

(92.99 Million)
Enviva Partners LP (EVA) is traded on New York Stock Exchange in USA. It is located in 7272 Wisconsin Avenue, Bethesda, MD, United States, 20814 and employs 1,386 people. Enviva Partners is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 30.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enviva Partners's market, we take the total number of its shares issued and multiply it by Enviva Partners'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. Enviva Partners LP runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 74.5 M outstanding shares of which 5.38 M shares are currently shorted by investors with about 0.89 days to cover. Enviva Partners LP has about 3.42 M in cash with (62.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check Enviva Partners Probability Of Bankruptcy
Ownership Allocation
Enviva Partners holds a total of 74.5 Million outstanding shares. The majority of Enviva Partners LP outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Enviva Partners LP to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Enviva Partners. Please pay attention to any change in the institutional holdings of Enviva Partners LP as this could imply that 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 Enviva Ownership Details

Enviva Stock Price Odds Analysis

What are Enviva Partners' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Enviva Partners jumping above the current price in 90 days from now is about 79.77%. The Enviva Partners LP probability density function shows the probability of Enviva Partners stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.0696 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, Enviva Partners will likely underperform. Additionally, enviva Partners LP has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 0.36HorizonTargetOdds Above 0.36
20.17%90 days
 0.36 
79.77%
Based on a normal probability distribution, the odds of Enviva Partners to move above the current price in 90 days from now is about 79.77 (This Enviva Partners LP probability density function shows the probability of Enviva Stock to fall within a particular range of prices over 90 days) .

Enviva Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Enviva Partners that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Enviva Partners' 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 Enviva Partners' value.
InstituionRecorded OnShares
Covalis Capital Llp2023-12-31
761.7 K
State Street Corporation2023-12-31
720.3 K
Btg Pactual Global Asset Management Ltd2023-12-31
663 K
Geode Capital Management, Llc2023-12-31
656.6 K
Covalis (gibraltar) Ltd2023-09-30
588.3 K
Bank Of America Corp2023-12-31
585 K
Prescott Group Capital Management Llc2023-12-31
486.2 K
Mubadala Investment Company Pjsc2023-12-31
472.5 K
Jpmorgan Chase & Co2023-12-31
406 K
Riverstone Holdings Llc2023-12-31
32.4 M
Inclusive Capital Partners Lp2023-12-31
2.9 M
View Enviva Partners Diagnostics

Enviva Partners Historical Income Statement

Enviva Partners LP Income Statement is one of the three primary financial statements used for reporting Enviva's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Enviva Partners LP revenue and expense. Enviva Partners Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Enviva Partners' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 173.6 M, whereas Total Revenue is forecasted to decline to about 681.8 M. View More Fundamentals

Enviva Stock Against Markets

Picking the right benchmark for Enviva Partners 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 Enviva Partners 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 Enviva Partners is critical whether you are bullish or bearish towards Enviva Partners LP at a given time. Please also check how Enviva Partners' 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 Enviva Partners 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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Enviva Partners Corporate Directors

Enviva Partners corporate directors refer to members of an Enviva Partners board of directors. The board of directors generally takes responsibility for the Enviva Partners' 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 Enviva Partners' board members must vote for the resolution. The Enviva Partners board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gerrit LansingIndependent DirectorProfile
David LeuschenIndependent DirectorProfile
Carl WilliamsDirector of the General PartnerProfile
John BumgarnerIndependent Director of the General PartnerProfile

How to buy Enviva Stock?

Before investing in Enviva Partners, 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 Enviva Partners. To buy Enviva Partners stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Enviva Partners. 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 Enviva Partners stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Enviva Partners LP 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 Enviva Partners LP 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 Enviva Partners LP, 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 Enviva Stock please use our How to Invest in Enviva Partners guide.

Already Invested in Enviva Partners LP?

The danger of trading Enviva Partners LP 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 Enviva Partners 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 Enviva Partners. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Enviva Partners LP 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 Enviva Partners LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enviva Partners' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enviva Partners Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enviva Partners Lp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enviva Partners LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Enviva Partners' price analysis, check to measure Enviva Partners' 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 Enviva Partners is operating at the current time. Most of Enviva Partners' value examination focuses on studying past and present price action to predict the probability of Enviva Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enviva Partners' price. Additionally, you may evaluate how the addition of Enviva Partners to your portfolios can decrease your overall portfolio volatility.
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Is Enviva Partners' 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 Enviva Partners. If investors know Enviva 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 Enviva Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
15.205
Earnings Share
(4.87)
Revenue Per Share
16.316
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.03)
The market value of Enviva Partners LP is measured differently than its book value, which is the value of Enviva that is recorded on the company's balance sheet. Investors also form their own opinion of Enviva Partners' value that differs from its market value or its book value, called intrinsic value, which is Enviva Partners' 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 Enviva Partners' market value can be influenced by many factors that don't directly affect Enviva Partners' 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 Enviva Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enviva Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enviva Partners' 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.