Evgo Inc Stock Analysis

EVGO Stock  USD 3.02  0.03  0.98%   
The main objective of Evgo stock analysis is to determine its intrinsic value, which is an estimate of what Evgo Inc is worth, separate from its market price. There are two main types of Evgo's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Evgo's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Evgo's stock to identify patterns and trends that may indicate its future price movements.
The Evgo stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Evgo is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Evgo Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Evgo's ongoing operational relationships across important fundamental and technical indicators.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Evgo Stock Analysis Notes

About 37.0% of the company shares are held by institutions such as insurance companies. The company recorded a loss per share of 0.41. Evgo Inc had not issued any dividends in recent years. EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company was incorporated in 2010 and is based in Los Angeles, California. Evgo operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 219 people. To learn more about Evgo Inc call Catherine Zoi at 877 494 3833 or check out https://www.evgo.com.

Evgo Quarterly Total Revenue

35.11 Million

Evgo Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Evgo's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Evgo Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Evgo Inc generated a negative expected return over the last 90 days
Evgo Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 54.59 M. Net Loss for the year was (106.24 M) with profit before overhead, payroll, taxes, and interest of 13.13 M.
Evgo Inc currently holds about 372.48 M in cash with (58.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Evgo Inc has a frail financial position based on the latest SEC disclosures
Latest headline from investorplace.com: The 3 Best EV Stocks to Buy in December

Evgo Inc Upcoming and Recent Events

Earnings reports are used by Evgo to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Evgo previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
4th of April 2024
Upcoming Quarterly Report
14th of May 2024
Next Financial Report
31st of December 2023
Next Fiscal Quarter End
4th of April 2024
Next Fiscal Year End
30th of September 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement

Evgo Largest EPS Surprises

Earnings surprises can significantly impact Evgo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Evgo SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Evgo prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Evgo investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Evgo Inc specific information freely available to individual and institutional investors to make a timely investment decision.
8th of November 2023
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
6th of November 2023
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
25th of September 2023
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
10th of August 2023
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
2nd of August 2023
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
3rd of July 2023
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
22nd of May 2023
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
9th of May 2023
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition

Evgo Thematic Classifications

In addition to having Evgo stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Retail Idea
USA Equities from Retail industry as classified by Fama & French

Evgo Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Evgo is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evgo Inc backward and forwards among themselves. Evgo's institutional investor refers to the entity that pools money to purchase Evgo's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Susquehanna International Group, Llp2023-06-30
851.8 K
Marshall Wace Asset Management Ltd2023-09-30
721.6 K
Tudor Investment Corp Et Al2023-09-30
611.7 K
Jane Street Group, Llc2023-06-30
552.2 K
First Trust Advisors L.p.2023-09-30
547.5 K
Sessa Capital Im Lp2023-06-30
472.9 K
Wells Fargo & Co2023-06-30
419.2 K
Alps Advisors Inc2023-06-30
411.3 K
Healthcare Of Ontario Pension Plan Trust Fund2023-09-30
356.6 K
Vanguard Group Inc2023-09-30
9.5 M
Blackrock Inc2023-06-30
5.7 M
Note, although Evgo's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Evgo Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.01 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evgo's market, we take the total number of its shares issued and multiply it by Evgo'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.

Evgo Profitablity

Evgo's profitability indicators refer to fundamental financial ratios that showcase Evgo's ability to generate income relative to its revenue or operating costs. If, let's say, Evgo is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Evgo's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Evgo's profitability requires more research than a typical breakdown of Evgo's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.25) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.09) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.09.
Last ReportedProjected for 2023
Return on Average Assets(0.037)(0.0399)
Return on Average Equity 0.028  0.0261 
Return on Invested Capital(0.09)(0.1)
Return on Sales(0.50)(0.52)

Management Efficiency

Evgo Inc has return on total asset (ROA) of (0.1289) % which means that it has lost $0.1289 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2138) %, meaning that it created substantial loss on money invested by shareholders. Evgo's management efficiency ratios could be used to measure how well Evgo manages its routine affairs as well as how well it operates its assets and liabilities. As of the 7th of December 2023, Return on Average Assets is likely to drop to -0.04. In addition to that, Return on Average Equity is likely to drop to 0.0261. At this time, Evgo's Current Assets are very stable as compared to the past year. As of the 7th of December 2023, Goodwill and Intangible Assets is likely to grow to about 103.2 M, while Total Assets are likely to drop about 704.1 M.
Last ReportedProjected for 2023
Book Value per Share(1.35)(1.46)
Enterprise Value over EBIT(35.00)(37.76)
Enterprise Value over EBITDA 113.69  105.35 
Price to Book Value(3.31)(3.39)
Tangible Assets Book Value per Share 2.41  3.38 
Enterprise Value952.9 M1.2 B
Tangible Asset Value638.1 M600.8 M
The analysis of Evgo's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Evgo's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Evgo Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Technical Drivers

As of the 7th of December, Evgo shows the Variance of 32.36, mean deviation of 4.48, and Standard Deviation of 5.69. Evgo Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Evgo Inc, which can be compared to its rivals. Please confirm Evgo Inc mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Evgo Inc is priced favorably, providing market reflects its regular price of 3.02 per share. Given that Evgo has information ratio of (0.06), we urge you to verify Evgo Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Evgo Inc Price Movement Analysis

Execute Study
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Evgo middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Evgo Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Evgo Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Evgo insiders, such as employees or executives, is commonly permitted as long as it does not rely on Evgo's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Evgo insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Evgo Predictive Daily Indicators

Evgo intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evgo stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Evgo Forecast Models

Evgo's time-series forecasting models are one of many Evgo's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evgo's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Evgo Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Evgo prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evgo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Evgo. By using and applying Evgo Stock analysis, traders can create a robust methodology for identifying Evgo entry and exit points for their positions.
Last ReportedProjected for 2023
EBITDA Margin 0.15  0.16 
Gross Margin(0.10)(0.11)
Profit Margin(0.51)(0.54)

Current Evgo Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Evgo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Evgo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Evgo Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Evgo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Evgo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Evgo Inc, talking to its executives and customers, or listening to Evgo conference calls.
Evgo Analyst Advice Details

Evgo Stock Analysis Indicators

Evgo Inc stock analysis indicators help investors evaluate how Evgo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Evgo shares will generate the highest return on investment. By understating and applying Evgo stock analysis, traders can identify Evgo position entry and exit signals to maximize returns.
Begin Period Cash Flow485.2 M
Common Stock Shares Outstanding68 M
Total Stockholder Equity-358.1 M
Total Cashflows From Investing Activities-199.7 M
Tax Provision18 K
Quarterly Earnings Growth Y O Y-0.896
Property Plant And Equipment Net360 M
Cash And Short Term Investments246.2 M
Cash246.2 M
Accounts Payable9.1 M
Net Debt-195.5 M
50 Day M A2.861
Total Current Liabilities87.3 M
Other Operating Expenses204.1 M
Non Current Assets Total454.2 M
Non Currrent Assets Other2.6 M
Stock Based Compensation25 M
When determining whether Evgo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evgo's 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 Evgo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evgo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Evgo Inc information on this page should be used as a complementary analysis to other Evgo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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