At the time of writing, ChargePoint Holdings Inc [CHPT] stock is trading at $1.16, up 2.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CHPT shares have lost -1.72% over the last week, with a monthly amount drifted -0.87%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of ChargePoint Holdings Inc fluctuated between $1.05 and $2.68. 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 $1.16 at the most recent close of the market. An investor can expect a potential return of 111.21% based on the average CHPT price forecast.
Analyzing the CHPT fundamentals
According to ChargePoint Holdings Inc [NYSE:CHPT], the company’s sales were 431.03M for trailing twelve months, which represents an -9.68% plunge. 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 1.1200 points at the first support level, and at 1.0800 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1800, and for the 2nd resistance point, it is at 1.2000.
Ratios To Look Out For
It is important to note that ChargePoint Holdings Inc [NYSE:CHPT] has a current ratio of 1.94. Further, the Quick Ratio stands at 1.24, while the Cash Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 1.22, the price to book ratio is 2.82.
Transactions by insiders
Recent insider trading involved Chavez Rebecca, CLO and Corp Secretary, that happened on Dec 23 ’24 when 60849.0 shares were sold. CCXO, Singh Jagdeep CA completed a deal on Dec 23 ’24 to sell 36574.0 shares. Meanwhile, Chief Accounting Officer Gerdes Henrik sold 28536.0 shares on Dec 23 ’24.