Detailed Review Of Prospects For Eos Energy Enterprises Inc Stock

A share price of Eos Energy Enterprises Inc [EOSE] is currently trading at $2.95, up 9.26%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EOSE shares have gain 17.53% over the last week, with a monthly amount drifted -14.24%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Seaport Research Partners downgraded its rating to Neutral on September 05, 2023. On September 01, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $10 on the stock. B. Riley Securities downgraded its rating to a Neutral and increased its price target to $4 on June 30, 2023. TD Cowen initiated its recommendation with a Market Perform and recommended $2.50 as its price target on June 02, 2023. Stifel started tracking with a Buy rating for this stock on December 02, 2022, and assigned it a price target of $11. In a note dated March 22, 2022, Guggenheim initiated an Neutral rating.

Eos Energy Enterprises Inc experienced fluctuations in its stock price throughout the past year between $0.61 and $3.66. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Eos Energy Enterprises Inc [NASDAQ: EOSE] shares were valued at $2.95 at the most recent close of the market. An investor can expect a potential return of 103.39% based on the average EOSE price forecast.

Analyzing the EOSE fundamentals

Trailing Twelve Months sales for Eos Energy Enterprises Inc [NASDAQ:EOSE] were 14.96M which represents 24.85% growth. Gross Profit Margin for this corporation currently stands at -5.58% with Operating Profit Margin at -11.22%, Pretax Profit Margin comes in at -30.67%, and Net Profit Margin reading is -35.01%. To continue investigating profitability, this company’s Return on Assets is posted at -2.42, Equity is 2.53 and Total Capital is -1.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.45.

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 2.79 points at the first support level, and at 2.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.06, and for the 2nd resistance point, it is at 3.16.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Eos Energy Enterprises Inc [NASDAQ:EOSE] is 1.99. Also, the Quick Ratio is 1.52, while the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 46.95.

Transactions by insiders

Recent insider trading involved Bornstein Jeffrey S, Director, that happened on Sep 12 ’24 when 0.13 million shares were sold. Director, Bornstein Jeffrey S completed a deal on Sep 12 ’24 to sell 30000.0 shares. Meanwhile, Director DIMITRIEF ALEXANDER bought 2000.0 shares on Aug 16 ’24.

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