Evgo Inc Stock Analysis

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 Inc Investment Alerts

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Evgo Largest EPS Surprises

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Evgo SEC Filings

Evgo Thematic Classifications

Evgo Stock Institutional Investors

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

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.

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.

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

Evgo Inc Insider Trading Activities

Evgo Predictive Daily Indicators

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.

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.

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.

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.

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.

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.

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.

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.