Sunnova Stock Analysis

NOVA
 Stock
  

USD 21.36  0.61  2.78%   

The small slip in market price for the last few months may encourage investors to take a closer look at the company as it is trading at a share price of 21.36 on 2,310,865 in trading volume. The company management teams did not add much value to Sunnova Energy Inter investors in November. However, diversifying your holdings with Sunnova Energy International or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.27. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Sunnova Energy Inter partners.
Additionally, see Correlation Analysis.
  
The Sunnova Energy stock analysis report makes it easy to digest most publicly released information about Sunnova Energy and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Sunnova Stock analysis module also helps to analyze the Sunnova Energy price relationship with some important fundamental indicators such as market cap and management efficiency.

Sunnova Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The book value of Sunnova Energy was now reported as 10.85. The company has Price/Earnings To Growth (PEG) ratio of 1.04. Sunnova Energy Inter recorded a loss per share of 1.23. The entity had not issued any dividends in recent years. Sunnova Energy International Inc. provides residential energy services in the United States. Sunnova Energy International Inc. was incorporated in 2012 and is headquartered in Houston, Texas. Sunnova Energy operates under Solar classification in the United States and is traded on New York Stock Exchange. It employs 736 people. To find out more about Sunnova Energy International contact William Berger at 281-892-1588 or learn more at https://www.sunnova.com.

Sunnova Energy Inter 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. Sunnova Energy's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Sunnova Energy International or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Sunnova Energy Inter generated a negative expected return over the last 90 days
Sunnova Energy Inter has high historical volatility and very poor performance
The company reported the previous year's revenue of 241.75 M. Net Loss for the year was (138.13 M) with profit before overhead, payroll, taxes, and interest of 203.99 M.
Sunnova Energy International currently holds about 412.58 M in cash with (209.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59.
Sunnova Energy Inter has a poor financial position based on the latest SEC disclosures
Over 98.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: B. Riley Lifts Sunnova Energy Internationals Price Target to 32 From 30, Keeps Buy Rating - Marketscreener.com

Sunnova Energy Inter Upcoming and Recent Events

Earnings reports are used by Sunnova Energy 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 Sunnova Energy 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.
Upcoming Quarterly Report23rd of February 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End23rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Sunnova Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 2.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sunnova Energy's market, we take the total number of its shares issued and multiply it by Sunnova Energy'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 these looking for more risk prefer small-cap and mid-cap equities.

Sunnova Profitablity

Sunnova Energy's profitability indicators refer to fundamental financial ratios that showcase Sunnova Energy's ability to generate income relative to its revenue or operating costs. If, let's say, Sunnova Energy is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Sunnova Energy'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 Sunnova Energy's profitability requires more research than a typical breakdown of Sunnova Energy'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 (0.34) %, 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 (0.2) %, which suggests for every $100 dollars of sales, it generated a net operating loss of 0.0.
Last ReportedProjected for 2022
Return on Investment(1.47) (1.59) 
Return on Average Assets(3.04) (3.28) 
Return on Average Equity(12.90) (13.92) 
Return on Invested Capital(0.0189) (0.0204) 
Return on Sales(0.55) (0.56) 

Management Efficiency

As of December 2, 2022, Return on Investment is expected to decline to -1.59. In addition to that, Return on Average Assets is expected to decline to -3.28. Sunnova Energy Total Assets are projected to increase significantly based on the last few years of reporting. The past year's Total Assets were at 5.5 Billion. The current year Current Assets is expected to grow to about 664.4 M, whereas Assets Non Current are forecasted to decline to about 3.1 B. Sunnova Energy management efficiency ratios could be used to measure how well sunnova energy inter manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2022
Book Value per Share 9.75  10.01 
Enterprise Value over EBIT(71.30) (76.93) 
Enterprise Value over EBITDA(172.91) (177.46) 
Price to Book Value 5.10  4.38 
Tangible Assets Book Value per Share 36.74  37.71 
Enterprise ValueBB
Tangible Asset Value4.1 B3.5 B

Technical Drivers

As of the 2nd of December, Sunnova Energy has the risk adjusted performance of (0.011872), and Coefficient Of Variation of (7,947). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sunnova Energy Inter, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Sunnova Energy International, which can be compared to its competition. Please validate Sunnova Energy Inter treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Sunnova Energy is priced more or less accurately, providing market reflects its prevalent price of 21.36 per share. Given that Sunnova Energy Inter has jensen alpha of (0.28), we advise you to double-check Sunnova Energy International's current market performance to make sure the company can sustain itself at a future point.

Sunnova Energy Inter Price Movement Analysis

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Triangular Moving Average shows Sunnova Energy double smoothed mean price over a specified number of previous prices (i.e., averaged twice).
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Sunnova Energy Inter 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 Sunnova Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sunnova Energy'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 Sunnova Energy 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.
C Shaper over a month ago via Macroaxis 
Sale by C Shaper of 9933 shares of Sunnova Energy
Yang Mary over a month ago via Macroaxis 
Exercise or conversion by Yang Mary of 3036 shares of Sunnova Energy subject to Rule 16b-3
Dubose Arthur over two months ago via Macroaxis 
Exercise or conversion by Dubose Arthur of 1340 shares of Sunnova Energy subject to Rule 16b-3
Hultberg Kelsey over three months ago via Macroaxis 
Exercise or conversion by Hultberg Kelsey of 2000 shares of Sunnova Energy subject to Rule 16b-3
Kris Hillstrand over three months ago via Macroaxis 
Exercise or conversion by Kris Hillstrand of 18056 shares of Sunnova Energy subject to Rule 16b-3
Michael Grasso over three months ago via Macroaxis 
Acquisition by Michael Grasso of 16926 shares of Sunnova Energy subject to Rule 16b-3
Kris Hillstrand over six months ago via Macroaxis 
Exercise or conversion by Kris Hillstrand of 4551 shares of Sunnova Energy subject to Rule 16b-3
Hultberg Kelsey over six months ago via Macroaxis 
Exercise or conversion by Hultberg Kelsey of 895 shares of Sunnova Energy subject to Rule 16b-3
Dubose Arthur over six months ago via Macroaxis 
Acquisition by Dubose Arthur of 9669 shares of Sunnova Energy subject to Rule 16b-3
Santo Salvo John T over six months ago via Macroaxis 
Acquisition by Santo Salvo John T of 17580 shares of Sunnova Energy subject to Rule 16b-3
Hultberg Kelsey over six months ago via Macroaxis 
Sunnova Energy exotic insider transaction detected
Santo Salvo John T over six months ago via Macroaxis 
Exercise or conversion by Santo Salvo John T of 17391 shares of Sunnova Energy subject to Rule 16b-3

Sunnova Energy Technical and Predictive Indicators

Sunnova Energy Forecast Models

Sunnova Energy time-series forecasting models is one of many Sunnova Energy's stock analysis techniquest aimed to predict 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 Sunnova Energy'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 Sunnova Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Sunnova Energy 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 Sunnova 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 Sunnova Energy. By using and applying Sunnova Stock analysis, traders can create a robust methodology for identifying Sunnova entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin(22.71) (24.50) 
EBITDA Margin 91.30  98.51 
Gross Margin 59.34  67.36 
Profit Margin(51.42) (55.48) 

Current Sunnova Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sunnova 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. Sunnova 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
52.93Buy15Odds
Sunnova Energy International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sunnova 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 Sunnova stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sunnova Energy Inter, talking to its executives and customers, or listening to Sunnova conference calls.
Sunnova Analyst Advice Details

Sunnova Stock Analysis Indicators

Sunnova Energy International stock analysis indicators help investors evaluate how Sunnova Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Sunnova Energy shares will generate the highest return on investment. By understating and applying Sunnova Energy stock analysis, traders can identify Sunnova Energy position entry and exit signals to maximize returns.
Begin Period Cash Flow377893000.00
Logo U R LimglogosUSNOVA.png
Common Stock Shares Outstanding110881630.00
Total Stockholder Equity1189495000.00
DescriptionSunnova Energy International Inc. provides residential energy services in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services. As of December 31,
Total Cashflows From Investing Activities-1241216000.00
Tax Provision260000.00
Property Plant And Equipment Net2909613000.00
Retained Earnings-459715000.00
Cash And Short Term Investments243101000.00
Cash243101000.00
CodeNOVA
Accounts Payable55033000.00
Net Debt3024223000.00
50 Day M A20.7386
Total Current Liabilities310897000.00
Currency CodeUSD
Other Operating Expenses296642000.00
Non Current Assets Total4888492000.00
Forward Price Earnings48.3092
Non Currrent Assets Other1775209000.00
Additionally, see Correlation Analysis. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Sunnova Energy Inter price analysis, check to measure Sunnova Energy'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 Sunnova Energy is operating at the current time. Most of Sunnova Energy's value examination focuses on studying past and present price action to predict the probability of Sunnova Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sunnova Energy's price. Additionally, you may evaluate how the addition of Sunnova Energy to your portfolios can decrease your overall portfolio volatility.
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Is Sunnova Energy'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 Sunnova Energy. If investors know Sunnova 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 Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
1.17
Return On Assets
(0.0085) 
Return On Equity
(0.06) 
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy'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 Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy'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 Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Sunnova Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy'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.