Via Renewables Stock Today

VIA Stock  USD 10.81  0.06  0.55%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 8

 
100  
 
Zero
Low
Via Renewables is trading at 10.81 as of the 28th of March 2024, a -0.55 percent decrease since the beginning of the trading day. The stock's open price was 10.87. Via Renewables has only a 8 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for Via Renewables are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
5th of December 2005
Via Renewables, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. Via Renewables, Inc. was founded in 1999 and is headquartered in Houston, Texas. Via Renewables operates under UtilitiesRegulated Electric classification in the United States and is traded on NASDAQ Exchange. The company has 3.23 M outstanding shares of which 44.84 K shares are at this time shorted by investors with about 1.72 days to cover. More on Via Renewables

Moving against Via Stock

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Via 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. Via Renewables' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Via Renewables or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentWilliam III
Old Names[VIVACON, VIVACON, Groupe Vial SA, Viatron S.A., Viagold Capital Ltd]
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NASDAQ Composite, NASDAQ Composite Total, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Average Analyst Recommendation
Analysts covering Via Renewables report their recommendations after researching Via Renewables' financial statements, talking to executives and customers, or listening in on Via Renewables' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Via Renewables. The Via consensus assessment is calculated by taking the average forecast from all of the analysts covering Via Renewables.
Financial Strength
Based on the key indicators related to Via Renewables' liquidity, profitability, solvency, and operating efficiency, Via Renewables 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 Via Renewables is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.241.4318
Fairly Down
Slightly volatile
Gross Profit Margin0.310.2762
Moderately Up
Pretty Stable
Net Debt51.7 M54.4 M
Notably Down
Slightly volatile
Total Current Liabilities76 M80 M
Notably Down
Slightly volatile
Non Current Liabilities Total92.3 M97.1 M
Notably Down
Slightly volatile
Total Assets288.7 M303.9 M
Notably Down
Slightly volatile
Total Current Assets145 M152.7 M
Notably Down
Slightly volatile
Total Cash From Operating Activities46.8 M49.3 M
Notably Down
Slightly volatile
Via Renewables' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Via Renewables' 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 Via Renewables' financial leverage. It provides some insight into what part of Via Renewables' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Via Renewables' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Via Renewables deploys its capital and how much of that capital is borrowed.
Liquidity
Via Renewables 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 97 M in debt with debt to equity (D/E) ratio of 0.69, which is OK given its current industry classification. Via Renewables has a current ratio of 3.42, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Via Renewables until it has trouble settling it off, either with new capital or with free cash flow. So, Via Renewables' 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 Via Renewables sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Via to invest in growth at high rates of return. When we think about Via Renewables' use of debt, we should always consider it together with cash and equity.

Change To Inventory

1.35 Million
Via Renewables (VIA) is traded on NASDAQ Exchange in USA. It is located in 12140 Wickchester Lane, Houston, TX, United States, 77079 and employs 160 people. Via Renewables is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 78.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Via Renewables's market, we take the total number of its shares issued and multiply it by Via Renewables'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. Via Renewables runs under Electric Utilities sector within Utilities industry. The entity has 3.23 M outstanding shares of which 44.84 K shares are at this time shorted by investors with about 1.72 days to cover. Via Renewables has about 51.31 M in cash with 49.31 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.23.
Check Via Renewables Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Via Renewables is currently $78.84 Million. Via Renewables maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how profitable the entity is or how many assets it hold, if the real value is less than what market suggests, you will most likely generate negative returns and should consider selling it at some point.
Check Via Ownership Details

Via Stock Price Odds Analysis

What are Via Renewables' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Via Renewables jumping above the current price in 90 days from now is about 34.82%. The Via Renewables probability density function shows the probability of Via Renewables stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Via Renewables has a beta of -0.1433. This entails as returns on benchmark increase, returns on holding Via Renewables are expected to decrease at a much lower rate. During the bear market, however, Via Renewables is likely to outperform the market. Additionally, via Renewables has an alpha of 0.2894, implying that it can generate a 0.29 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.81HorizonTargetOdds Above 10.81
64.90%90 days
 10.81 
34.82%
Based on a normal probability distribution, the odds of Via Renewables to move above the current price in 90 days from now is about 34.82 (This Via Renewables probability density function shows the probability of Via Stock to fall within a particular range of prices over 90 days) .

Via Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Via Renewables that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Via Renewables' 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 Via Renewables' value.
InstituionRecorded OnShares
Trexquant Investment Lp2023-12-31
13.9 K
Bailard Inc2023-12-31
12.6 K
T. Rowe Price Associates, Inc.2023-12-31
10.9 K
Pnc Financial Services Group Inc2023-09-30
4.8 K
Morgan Stanley - Brokerage Accounts2023-12-31
3.6 K
Jpmorgan Chase & Co2023-12-31
K
Bank Of America Corp2023-12-31
2.1 K
Rhumbline Advisers2023-12-31
569
Zrc Wealth Management, Llc2023-12-31
373
Vanguard Group Inc2023-12-31
173.4 K
Renaissance Technologies Corp2023-12-31
131.1 K
View Via Renewables Diagnostics

Via Renewables Historical Income Statement

Via Renewables Income Statement is one of the three primary financial statements used for reporting Via's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Via Renewables revenue and expense. Via Renewables Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year's Income Tax Expense is expected to grow to about 11.7 M, whereas Depreciation And Amortization is forecasted to decline to about 8.6 M. View More Fundamentals

Via Stock Against Markets

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

Via Renewables corporate directors refer to members of a Via Renewables board of directors. The board of directors generally takes responsibility for the Via Renewables' 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 Via Renewables' board members must vote for the resolution. The Via Renewables board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy Via Stock?

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

Already Invested in Via Renewables?

The danger of trading Via Renewables 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 Via Renewables 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 Via Renewables. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Via Renewables 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 Via Renewables offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Via Renewables' 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 Via Renewables Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Via Renewables Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Via Renewables. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For information on how to trade Via Stock refer to our How to Trade Via Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Via Renewables' price analysis, check to measure Via Renewables' 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 Via Renewables is operating at the current time. Most of Via Renewables' value examination focuses on studying past and present price action to predict the probability of Via Renewables' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Via Renewables' price. Additionally, you may evaluate how the addition of Via Renewables to your portfolios can decrease your overall portfolio volatility.
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Is Via Renewables' 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 Via Renewables. If investors know Via 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 Via Renewables 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
0.811
Earnings Share
1.36
Revenue Per Share
135.532
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0915
The market value of Via Renewables is measured differently than its book value, which is the value of Via that is recorded on the company's balance sheet. Investors also form their own opinion of Via Renewables' value that differs from its market value or its book value, called intrinsic value, which is Via Renewables' 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 Via Renewables' market value can be influenced by many factors that don't directly affect Via Renewables' 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 Via Renewables' value and its price as these two are different measures arrived at by different means. Investors typically determine if Via Renewables is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Via Renewables' 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.