ChargePoint Holdings Inc [CHPT] stock is trading at $1.31, down -2.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CHPT shares have gain 7.38% over the last week, with a monthly amount glided 7.38%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
ChargePoint Holdings Inc [NYSE: CHPT] stock has seen the most recent analyst activity on November 19, 2024, when Needham downgraded its rating to a Hold. Previously, JP Morgan downgraded its rating to Underweight on October 03, 2024. TD Cowen downgraded its rating to a Hold but stick to its price target of $2 on September 05, 2024. Goldman downgraded its rating to a Sell and reduced its price target to $1.50 on April 09, 2024. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on March 06, 2024, and downed its price target to $3. In a note dated February 21, 2024, The Benchmark Company initiated an Buy rating and provided a target price of $4.25 on this stock.
ChargePoint Holdings Inc [CHPT] stock has fluctuated between $1.05 and $3.13 over the past year. Currently, Wall Street analysts expect the stock to reach $2.45 within the next 12 months. ChargePoint Holdings Inc [NYSE: CHPT] shares were valued at $1.31 at the most recent close of the market. An investor can expect a potential return of 87.02% based on the average CHPT price forecast.
Analyzing the CHPT fundamentals
ChargePoint Holdings Inc [NYSE:CHPT] reported sales of 431.03M for the trailing twelve months, which represents a drop of -9.68%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at -0.65%, Pretax Profit Margin comes in at -0.72%, and Net Profit Margin reading is -0.73%. To continue investigating profitability, this company’s Return on Assets is posted at -0.32, Equity is -1.23 and Total Capital is -0.43. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
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 1.2500 points at the first support level, and at 1.1900 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4000, and for the 2nd resistance point, it is at 1.4900.
Ratios To Look Out For
For context, ChargePoint Holdings Inc’s Current Ratio is 1.94. In addition, the Quick Ratio stands at 1.24 and the Cash Ratio stands at 0.69. Considering the valuation of this stock, the price to sales ratio is 1.27, the price to book ratio is 3.19.
Transactions by insiders
Recent insider trading involved Gerdes Henrik, Chief Accounting Officer, that happened on Oct 11 ’24 when 26288.0 shares were sold. Officer, Gerdes Henrik completed a deal on Oct 11 ’24 to buy 26288.0 shares. Meanwhile, President and CEO Wilmer Richard sold 27252.0 shares on Sep 23 ’24.
