Evgo Inc Stock Today
| EVGO Stock | USD 1.75 0.01 0.57% |
Performance0 of 100
| Odds Of DistressLess than 37
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Evgo is selling at 1.75 as of the 24th of April 2024; that is 0.57 percent increase since the beginning of the trading day. The stock's open price was 1.74. Evgo has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Evgo Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 20th of November 2020 | Category Consumer Cyclical | Classification Consumer Discretionary |
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. The company has 106.15 M outstanding shares of which 26.46 M shares are currently shorted by private and institutional investors with about 7.77 trading days to cover. More on Evgo Inc
Moving together with Evgo Stock
| 0.61 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.81 | ASO | Academy Sports Outdo Financial Report 4th of June 2024 | PairCorr |
Moving against Evgo Stock
| 0.63 | LE | Lands End Financial Report 6th of June 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
Evgo Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Evgo's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evgo or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO Director | Badar Khan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Retail (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Internet & Direct Marketing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Retail, Consumer Discretionary, Internet & Direct Marketing Retail, Specialty Retail, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Evgo report their recommendations after researching Evgo's financial statements, talking to executives and customers, or listening in on Evgo's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Evgo Inc. The Evgo consensus assessment is calculated by taking the average forecast from all of the analysts covering Evgo. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Evgo's profitability, liquidity, and operating efficiency, Evgo Inc may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. Financial strength of Evgo Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Evgo's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Evgo's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Evgo's financial leverage. It provides some insight into what part of Evgo's total assets is financed by creditors.
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Evgo Inc (EVGO) is traded on NASDAQ Exchange in USA. It is located in 11835 West Olympic Boulevard, Los Angeles, CA, United States, 90064 and employs 292 people. Evgo is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 525.4 M. 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 Inc conducts business under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. The entity has 106.15 M outstanding shares of which 26.46 M shares are currently shorted by private and institutional investors with about 7.77 trading days to cover.
Evgo Inc currently holds about 372.48 M in cash with (37.05 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.
Check Evgo Probability Of Bankruptcy
Ownership AllocationEvgo Inc retains a total of 106.15 Million outstanding shares. 30% of Evgo Inc outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Evgo Ownership Details
Evgo Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Evgo jumping above the current price in 90 days from now is about 98.0%. The Evgo Inc probability density function shows the probability of Evgo stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 4.019 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Evgo will likely underperform. Additionally, evgo Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Evgo to move above the current price in 90 days from now is about 98.0 (This Evgo Inc probability density function shows the probability of Evgo Stock to fall within a particular range of prices over 90 days) .
Evgo Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Evgo that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Evgo's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Evgo's value.| Instituion | Recorded On | Shares | |
| Northern Trust Corp | 2023-12-31 | 836.4 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 582.4 K | |
| First Trust Advisors L.p. | 2023-12-31 | 517.6 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 449.8 K | |
| Wells Fargo & Co | 2023-12-31 | 421.5 K | |
| Davy Asset Management Limited | 2023-12-31 | 364.8 K | |
| Allianz Asset Management Ag | 2023-12-31 | 352 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 350.5 K | |
| Alps Advisors Inc | 2023-12-31 | 331.9 K | |
| Vanguard Group Inc | 2023-12-31 | 9.7 M | |
| Blackrock Inc | 2023-12-31 | 7.5 M |
Evgo Historical Income Statement
Evgo Inc Income Statement is one of the three primary financial statements used for reporting Evgo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Evgo Inc revenue and expense. Evgo Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Evgo's Net Interest Income is very stable compared to the past year. As of the 24th of April 2024, Total Revenue is likely to grow to about 169 M, though EBIT is likely to grow to (156.7 M). View More FundamentalsEvgo Stock Against Markets
Picking the right benchmark for Evgo stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Evgo stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Evgo is critical whether you are bullish or bearish towards Evgo Inc at a given time. Please also check how Evgo's historical prices are related to one of the top price index indicators.
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Evgo Corporate Management
Elected by the shareholders, the Evgo's board of directors comprises two types of representatives: Evgo inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Evgo. The board's role is to monitor Evgo's management team and ensure that shareholders' interests are well served. Evgo's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Evgo's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tanvi Chaturvedi | Chief Officer | Profile | |
| Olga Shevorenkova | Chief Officer | Profile | |
| Sara Rafalson | Executive Affairs | Profile | |
| Catherine Zoi | CEO Director | Profile | |
| Pavlos Politopoulos | Senior Experience | Profile | |
| Ivo Steklac | Chief Officer | Profile |
How to buy Evgo Stock?
Before investing in Evgo, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Evgo. To buy Evgo stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Evgo. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Evgo stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Evgo Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Evgo Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Evgo Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Evgo Stock please use our How to Invest in Evgo guide.
Already Invested in Evgo Inc?
The danger of trading Evgo Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Evgo is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Evgo. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Evgo Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Evgo Stock analysis
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 (0.90) | Earnings Share (0.46) | Revenue Per Share 1.777 | Quarterly Revenue Growth 0.831 | Return On Assets (0.12) |
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.