Ess Tech Stock In The News
| GWH Stock | USD 6.26 0.17 2.79% |
Our overall analysis of ESS Tech's news coverage and content from conventional and social sources shows investors' bearish mood towards ESS Tech. The specific impact of ESS Tech news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of ESS Tech's overall financial health and prospects. It also depends on the type and quality of a news publisher.
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using ESS Tech headlines in addition to utilizing other, more conventional financial analysis modules. Check out ESS Tech Backtesting and ESS Tech Hype Analysis. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.
ESS |
ESS Tech Today Top News and Investor Outlook
ESS Tech Past News Timeline
Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide ESS and other traded companies coverage with news coverage. We help investors stay connected with ESS headlines for the 29th of November to make an informed investment decision based on correlating the impacts of news items on ESS Stock performance. Please note that trading solely based on the ESS Tech hype is not for everyone as timely availability and quick action are needed to avoid losses.
ESS Tech stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the ESS earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about ESS Tech that are available to investors today. That information is available publicly through ESS media outlets and privately through word of mouth or via ESS internal channels. However, regardless of the origin, that massive amount of ESS data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of ESS Tech news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ESS Tech relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ESS Tech's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ESS Tech alpha.
ESS Largest EPS Surprises
Earnings surprises can significantly impact ESS Tech's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-14 | 2024-06-30 | -0.1 | -0.12 | -0.02 | 20 | ||
2024-03-13 | 2023-12-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2023-11-07 | 2023-09-30 | -0.13 | -0.11 | 0.02 | 15 | ||
2023-03-01 | 2022-12-31 | -0.19 | -0.16 | 0.03 | 15 | ||
2023-05-09 | 2023-03-31 | -0.18 | -0.14 | 0.04 | 22 | ||
2022-11-03 | 2022-09-30 | -0.17 | -0.21 | -0.04 | 23 |
ESS Tech Stock Latest Headlines
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to ESS Tech Stock. Current markets are slightly bearish. About 51% of major world exchanges and indexes are down. See today's market update for more information.
18th of November 2024
Acquisition by Eric Dresselhuys of 1000 shares of ESS Tech at 5.2271 subject to Rule 16b-3 at MacroaxisInsider
14th of November 2024
ESS Tech Inc Q3 2024 Earnings Call Highlights Navigating Financial Challenges and ... at gurufocus.com
12th of November 2024
Portland metro public companys founders depart at bizjournals.com
7th of November 2024
Bet on 5 Top-Ranked Stocks With Rising PE at zacks.com
21st of October 2024
ESS Inc. Schedules Third Quarter 2024 Financial Results Conference Call at businesswire.com
1st of October 2024
ESS Tech, Inc. Receives 0.12 Consensus Target Price from Analysts at thelincolnianonline.com
24th of September 2024
ESS Australian Partner Raises AU65M in Public and Private Funds to Accelerate Iron Flow De... at finance.yahoo.com
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ESS Tech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ESS Tech's short interest history, or implied volatility extrapolated from ESS Tech options trading.
Check out ESS Tech Backtesting and ESS Tech Hype Analysis. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESS Tech. If investors know ESS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.62) | Revenue Per Share 0.654 | Quarterly Revenue Growth (0.88) | Return On Assets (0.42) | Return On Equity (0.88) |
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.