There’s No Need To Panic Or Freeze When It Comes To Enviva Inc (NYSE: EVA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Enviva Receives Continued Listing Standard Notice from the NYSE.

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Stocks Info

The company is listed on the NYSE and operates within the Lumber & Wood Production industry segment. At the end of the last regular session, the stock closed at $0.53 and fluctuated between $0.5995 as its day high and $0.5000 as its day low. The current market capitalization of Enviva Inc is $39.40M. A total of 2.23 million shares were traded on the day, compared to an average of 3.24M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, EVA has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 2,250,000 shares. Over the last 12 months, there were 56 BUYs and 5 SELLs from insiders. Insiders purchased 10,773,597 shares during that period but sold 2,264,027.

In the most recent transaction, INCLUSIVE CAPITAL PARTNERS, L. sold 2,250,000 shares of EVA for 1.49 per share on Nov 14. After the transaction, the 10% Owner now owns 5,348,710 company shares. In a previous transaction on May 25, BUMGARNER JOHN C JR bought 100,000 shares at 8.50 per share. EVA shares that Director owns now total 415,763.

Among the insiders who bought shares, BUMGARNER JOHN C JR acquired of 20,000 shares on May 19 at a per-share price of $8.33. This resulted in the Director holding 315,763 shares of EVA after the transaction. In another insider transaction, Alexander Ralph bought 10,870 shares at $9.08 per share on May 09. Company shares held by the Director now total 14,571.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. EVA’s most recent ex-dividend date was 2/17/2023 when it declared a $0.9050 quarterly dividend that was paid in cash on 2/24/2023. Previously, the company paid the dividend on 11/25/2022 with an ex-dividend date of 11/10/2022. The EVA stock dividend was $0.9050 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for EVA in the last 3 months, the mean price target is $4.00 with high estimates of $4.00 and low estimates of $4.00. In terms of 52-week highs and lows, EVA has a high of $48.06 and a low of $0.33.

As of this writing, EVA has an earnings estimate of -$1.21 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.47 per share and a lower estimate of -$2.41.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. EVA’s latest balance sheet shows that the firm has $16.80M in Cash & Short Term Investments as of fiscal 2021. There were $1.39B in debt and $257.01M in liabilities at the time. Its Book Value Per Share was $4.16, while its Total Shareholder’s Equity was $270.66M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EVA is Buy with a score of 2.67.

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