Sunnova Energy International Stock Analysis

Sunnova Stock Analysis Notes

About 98.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sunnova Energy Inter has Price/Earnings To Growth (PEG) ratio of 1.04. The entity recorded a loss per share of 3.53. The firm 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.

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Sunnova Largest EPS Surprises

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Sunnova Stock Institutional Investors

Note, although Sunnova Energy'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.

Sunnova Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 468.12 M. 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 those looking for more risk prefer small-cap and mid-cap equities.

Sunnova Profitablity

The company has Profit Margin (PM) of (0.58) %, 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 (0.35) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.35.

Management Efficiency

Sunnova Energy Inter has return on total asset (ROA) of (0.0118) % which means that it has lost $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2502) %, meaning that it created substantial loss on money invested by shareholders. Sunnova Energy's management efficiency ratios could be used to measure how well Sunnova Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of April 19, 2024, Return On Tangible Assets is expected to decline to -0.04. The current year's Return On Capital Employed is expected to grow to -0.02. At present, Sunnova Energy's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Net Tangible Assets is expected to grow to about 1.3 B, whereas Other Current Assets are forecasted to decline to about 874 K.

Technical Drivers

As of the 19th of April, Sunnova Energy has the Risk Adjusted Performance of (0.1), variance of 60.69, and Coefficient Of Variation of (573.55). 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 thirteen technical drivers for Sunnova Energy International, which can be compared to its competition. Please validate Sunnova Energy Inter information ratio and potential upside to decide if Sunnova Energy is priced more or less accurately, providing market reflects its prevalent price of 3.92 per share. Given that Sunnova Energy Inter has information ratio of (0.18), 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

Sunnova Energy Inter Insider Trading Activities

Sunnova Energy Predictive Daily Indicators

Sunnova Energy Corporate Filings

Sunnova Energy Forecast Models

Sunnova Energy's time-series forecasting models are one of many Sunnova Energy'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 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.

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.

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.

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.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

When running Sunnova Energy's 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 the 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.

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.

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 if Sunnova Energy is a good investment 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.