Ess Tech Stock Analysis
| GWH Stock | USD 0.70 0.01 1.45% |
ESS Tech is undervalued with Real Value of 1.17 and Target Price of 2.66. The main objective of ESS Tech stock analysis is to determine its intrinsic value, which is an estimate of what ESS Tech is worth, separate from its market price. There are two main types of ESS Tech's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ESS Tech's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ESS Tech's stock to identify patterns and trends that may indicate its future price movements.
The ESS Tech stock is traded in the USA on New York Stock 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. ESS Tech is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ESS 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 ESS Tech's ongoing operational relationships across important fundamental and technical indicators.
ESS |
ESS Stock Analysis Notes
About 39.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.14. Some equities with similar Price to Book (P/B) outperform the market in the long run. ESS Tech has Price/Earnings To Growth (PEG) ratio of 0.16. The entity recorded a loss per share of 0.48. The firm had not issued any dividends in recent years. ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. The company was founded in 2011 and is headquartered in Wilsonville, Oregon. Ess Tech operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 160 people. To learn more about ESS Tech call Eric Dresselhuys at (855) 423-9920 or check out https://essinc.com.ESS Tech 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. ESS Tech's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ESS Tech or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| ESS Tech generated a negative expected return over the last 90 days | |
| ESS Tech has some characteristics of a very speculative penny stock | |
| ESS Tech has high historical volatility and very poor performance | |
| The company reported the last year's revenue of 7.54 M. Reported Net Loss for the year was (77.58 M) with profit before taxes, overhead, and interest of 894 K. | |
| ESS Tech has about 238.94 M in cash with (54.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| ESS Tech has a frail financial position based on the latest SEC disclosures | |
| Roughly 39.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Is ESS Tech In A Good Position To Deliver On Growth Plans |
ESS Tech Upcoming and Recent Events
Earnings reports are used by ESS Tech 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 ESS Tech 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.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
ESS Largest EPS Surprises
Earnings surprises can significantly impact ESS Tech'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.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-03-13 | 2023-12-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2023-11-07 | 2023-09-30 | -0.13 | -0.11 | 0.02 | 15 | ||
2023-03-01 | 2022-12-31 | -0.19 | -0.16 | 0.03 | 15 |
ESS Tech Thematic Classifications
In addition to having ESS Tech 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.
 | Electrical EquipmentUSA Equities from Electrical Equipment industry as classified by Fama & French |
ESS Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ESS Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ESS Tech backward and forwards among themselves. ESS Tech's institutional investor refers to the entity that pools money to purchase ESS Tech'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.
| Shares | Laird Norton Tyee Trust Co | 2023-12-31 | 353.5 K | Blair William & Co | 2023-12-31 | 334.5 K | Goldman Sachs Group Inc | 2023-12-31 | 306 K | Bank Of New York Mellon Corp | 2023-12-31 | 288.8 K | Nuveen Asset Management, Llc | 2023-12-31 | 276.6 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 248.9 K | Baird Financial Group, Inc. | 2023-12-31 | 245.1 K | Bank Of America Corp | 2023-12-31 | 243.4 K | Jane Street Group, Llc | 2023-12-31 | 237.7 K | Softbank Group Corp | 2023-12-31 | 36 M | Blackrock Inc | 2023-12-31 | 5.9 M |
ESS Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 122.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ESS Tech's market, we take the total number of its shares issued and multiply it by ESS Tech'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.ESS Profitablity
ESS Tech's profitability indicators refer to fundamental financial ratios that showcase ESS Tech's ability to generate income relative to its revenue or operating costs. If, let's say, ESS Tech is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ESS Tech'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 ESS Tech's profitability requires more research than a typical breakdown of ESS Tech's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.26) | (0.27) | |
| Return On Capital Employed | (0.70) | (0.73) | |
| Return On Assets | (0.26) | (0.27) | |
| Return On Equity | (0.42) | (0.44) |
Management Efficiency
ESS Tech has Return on Asset of (0.339) % which means that on every $100 spent on assets, it lost $0.339. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6456) %, meaning that it generated no profit with money invested by stockholders. ESS Tech's management efficiency ratios could be used to measure how well ESS Tech manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.27. The current Return On Capital Employed is estimated to decrease to -0.73. As of now, ESS Tech's Intangibles To Total Assets are increasing as compared to previous years. The ESS Tech's current Fixed Asset Turnover is estimated to increase to 0.43, while Total Assets are projected to decrease to under 131.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.65 | 0.61 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.62 | 0.58 | |
| Enterprise Value Over EBITDA | (1.92) | (2.01) | |
| Price Book Value Ratio | 1.76 | 1.85 | |
| Enterprise Value Multiple | (1.92) | (2.01) | |
| Price Fair Value | 1.76 | 1.85 | |
| Enterprise Value | 164.7 M | 156.5 M |
The analysis of ESS Tech'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 ESS Tech'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 ESS Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.596 |
Technical Drivers
As of the 25th of April, ESS Tech shows the Market Risk Adjusted Performance of (0.16), mean deviation of 3.8, and Standard Deviation of 4.87. ESS Tech 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 are able to interpolate and break down thirteen technical drivers for ESS Tech, which can be compared to its peers. Please confirm ESS Tech market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if ESS Tech is priced fairly, providing market reflects its regular price of 0.7 per share. As ESS Tech is a penny stock we also recommend to verify its jensen alpha numbers.ESS Tech Price Movement Analysis
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. ESS Tech 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 ESS Tech. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
ESS Tech 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 ESS Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on ESS Tech'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 ESS Tech 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.
ESS Tech Predictive Daily Indicators
ESS Tech 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 ESS Tech 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.
| Accumulation Distribution | 22786.75 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 0.71 | |||
| Day Typical Price | 0.7 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 49.75 |
ESS Tech Forecast Models
ESS Tech's time-series forecasting models are one of many ESS Tech'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 ESS Tech'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 ESS Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how ESS Tech 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 ESS 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 ESS Tech. By using and applying ESS Stock analysis, traders can create a robust methodology for identifying ESS entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (78.49) | (82.42) | |
| Operating Profit Margin | (10.25) | (10.77) | |
| Net Loss | (50.78) | (53.32) | |
| Gross Profit Margin | (1.72) | (1.80) |
Current ESS Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ESS 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. ESS 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 Price | Advice | # of Analysts | |
| 2.66 | Buy | 6 | Odds |
Most ESS 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 ESS stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ESS Tech, talking to its executives and customers, or listening to ESS conference calls.
ESS Stock Analysis Indicators
ESS Tech stock analysis indicators help investors evaluate how ESS Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ESS Tech shares will generate the highest return on investment. By understating and applying ESS Tech stock analysis, traders can identify ESS Tech position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 36.7 M | |
| Common Stock Shares Outstanding | 160 M | |
| Total Stockholder Equity | 103.4 M | |
| Property Plant And Equipment Net | 18.4 M | |
| Cash And Short Term Investments | 108.1 M | |
| Cash | 20.2 M | |
| Accounts Payable | 2.8 M | |
| Net Debt | -17.6 M | |
| 50 Day M A | 0.7795 | |
| Total Current Liabilities | 19.8 M | |
| Other Operating Expenses | 93.4 M | |
| Non Current Assets Total | 25.1 M | |
| Non Currrent Assets Other | 1.8 M | |
| Stock Based Compensation | 10.6 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ESS Tech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for ESS Stock analysis
When running ESS Tech's price analysis, check to measure ESS Tech'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 ESS Tech is operating at the current time. Most of ESS Tech's value examination focuses on studying past and present price action to predict the probability of ESS Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESS Tech's price. Additionally, you may evaluate how the addition of ESS Tech to your portfolios can decrease your overall portfolio volatility.
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Is ESS Tech'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 ESS Tech. If investors know ESS 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 ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.047 | Quarterly Revenue Growth 173.75 | Return On Assets (0.34) | Return On Equity (0.65) |
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech'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 ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech'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 ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech'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.