How have Sunnova Energy International Inc (NOVA)’s performance and profitability changed over the time?

Sunnova Energy International Inc [NOVA] stock prices are up 3.77% to $10.73 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NOVA shares have gain 23.90% over the last week, with a monthly amount glided 16.50%, and seem to be holding up well over a long-time horizon.

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On 16, November 2023, Sunnova Expands Cutting-Edge Global Command Center, Redefining Customer Service in the Solar Industry. In a post published today on Yahoo Finance, Investing in and bolstering service capabilities for its network of residential and commercial customers.

From an analyst’s perspective:

Sunnova Energy International Inc [NYSE: NOVA] stock has seen the most recent analyst activity on October 20, 2023, when Exane BNP Paribas initiated its Neutral rating and assigned the stock a price target of $14.

The stock price of Sunnova Energy International Inc [NOVA] has been fluctuating between $7.61 and $24.56 over the past year. Currently, Wall Street analysts expect the stock to reach $20.08 within the next 12 months. Sunnova Energy International Inc [NYSE: NOVA] shares were valued at $10.73 at the most recent close of the market. An investor can expect a potential return of 87.14% based on the average NOVA price forecast.

Analyzing the NOVA fundamentals

The most recent quarter, Sunnova Energy International Inc [NYSE:NOVA] reported sales of 198.4 billion, representing a surge of 32.83%. A company’s income per employee is -$137,802 while it generates $475,439 in revenue per employee. Gross Margin for this corporation currently stands at +33.46% with Operating Margin at -17.77%, Pretax Margin comes in at -22.66%, and Net Margin reading is -28.98%. To continue investigating profitability, this company’s Return on Assets is posted at -2.34, Equity is -13.13, Total Capital is -1.62, and Invested Capital is -2.99. An extended look at the Principal structure reveals enduring liabilities to the total capital of 81.01 and enduring liabilities to assets of 65.12.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.17 points at the first support level, and at 9.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.03, and for the 2nd resistance point, it is at 11.32.

Ratios To Look Out For

It’s worth pointing out that Sunnova Energy International Inc [NYSE:NOVA]’s Current Ratio is 1.14. As well, the Quick Ratio is 1.47, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 3.70, the price to book ratio is 1.63.

Transactions by insiders

Recent insider trading involved Berger William J,, that happened on Aug 01 when 47150.0 shares were sold. Director, Mohamed Akbar completed a deal on May 19 to buy 10000.0 shares. Meanwhile, Berger William J bought 600.0 shares on Mar 31.