Is Evolv Technologies Stock a Good Investment?
Evolv Technologies Investment Advice | EVLVW |
- Examine Evolv Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Evolv Technologies' leadership team and their track record. Good management can help Evolv Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Evolv Technologies' business and its evolving consumer preferences.
- Compare Evolv Technologies' performance and market position to its competitors. Analyze how Evolv Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Evolv Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Evolv Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Evolv Technologies Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Evolv Technologies Holdings is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Evolv Technologies Stock
Researching Evolv Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company recorded a loss per share of 0.11. Evolv Technologies had not issued any dividends in recent years.
To determine if Evolv Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Evolv Technologies' research are outlined below:
| Evolv Technologies generated a negative expected return over the last 90 days | |
| Evolv Technologies has high historical volatility and very poor performance | |
| Evolv Technologies has some characteristics of a very speculative penny stock | |
| Evolv Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 80.42 M. Net Loss for the year was (106.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Evolv Technologies Holdings has accumulated about 242.69 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from Derosa Anthony John: Acquisition by Derosa Anthony John of 10000 shares of Evolv Technologies at 0.42 subject to Rule 16b-3 |
Evolv Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.36) | (0.38) | |
| Return On Capital Employed | (0.41) | (0.43) | |
| Return On Assets | (0.36) | (0.37) | |
| Return On Equity | (0.73) | (0.69) |
Determining Evolv Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Evolv Technologies is a good buy. For example, gross profit margin measures Evolv Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Evolv Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Evolv Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Evolv Technologies Holdings. Check Evolv Technologies' Beneish M Score to see the likelihood of Evolv Technologies' management manipulating its earnings.
Evaluate Evolv Technologies' management efficiency
The company has return on total asset (ROA) of (0.1811) % which means that it has lost $0.1811 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1283) %, meaning that it generated substantial loss on money invested by shareholders. Evolv Technologies' management efficiency ratios could be used to measure how well Evolv Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.38 in 2024. Return On Capital Employed is likely to drop to -0.43 in 2024. At this time, Evolv Technologies' Non Current Assets Total are fairly stable compared to the past year. Total Current Assets is likely to climb to about 183.2 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 1.2 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.98 | 1.03 | |
| Tangible Book Value Per Share | 0.93 | 0.98 | |
| Enterprise Value Over EBITDA | (6.68) | (7.01) | |
| Price Book Value Ratio | 4.81 | 5.05 | |
| Enterprise Value Multiple | (6.68) | (7.01) | |
| Price Fair Value | 4.81 | 5.05 | |
| Enterprise Value | 638.3 M | 507.5 M |
The leadership approach at Evolv Technologies' fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta 1.336 |
Basic technical analysis of Evolv Stock
As of the 30th of November, Evolv Technologies shows the Mean Deviation of 7.68, standard deviation of 12.01, and Variance of 144.24. Evolv Technologies technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Evolv Technologies variance and skewness to decide if Evolv Technologies is priced favorably, providing market reflects its regular price of 0.28 per share. As Evolv Technologies appears to be a penny stock we also advise to verify its jensen alpha numbers.Evolv Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Evolv Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Evolv Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Evolv Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Derosa Anthony John few days ago Acquisition by Derosa Anthony John of 10000 shares of Evolv Technologies at 0.42 subject to Rule 16b-3 | ||
Peter George over a week ago Disposition of 915 shares by Peter George of Evolv Technologies at 4.53 subject to Rule 16b-3 | ||
Anil Chitkara over three months ago Acquisition by Anil Chitkara of 2500 shares of Evolv Technologies subject to Rule 16b-3 | ||
Derosa Anthony John over three months ago Disposition of 30000 shares by Derosa Anthony John of Evolv Technologies at 5.0 subject to Rule 16b-3 | ||
Derosa Anthony John over six months ago Acquisition by Derosa Anthony John of 10000 shares of Evolv Technologies at 0.42 subject to Rule 16b-3 |
Understand Evolv Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Evolv Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0048 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 7.68 | |||
| Coefficient Of Variation | (16,580) | |||
| Standard Deviation | 12.01 | |||
| Variance | 144.24 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (2.09) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 61.95 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 20.0 | |||
| Skewness | 0.352 | |||
| Kurtosis | 6.97 |
| Risk Adjusted Performance | 0.0048 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 7.68 | |||
| Coefficient Of Variation | (16,580) | |||
| Standard Deviation | 12.01 | |||
| Variance | 144.24 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (2.09) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 61.95 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 20.0 | |||
| Skewness | 0.352 | |||
| Kurtosis | 6.97 |
Consider Evolv Technologies' intraday indicators
Evolv Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evolv Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Evolv Technologies time-series forecasting models is one of many Evolv Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evolv Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Evolv Stock media impact
Far too much social signal, news, headlines, and media speculation about Evolv Technologies that are available to investors today. That information is available publicly through Evolv media outlets and privately through word of mouth or via Evolv internal channels. However, regardless of the origin, that massive amount of Evolv 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 Evolv Technologies 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 Evolv Technologies 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 Evolv Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Evolv Technologies alpha.
Evolv Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Evolv Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Evolv Technologies Corporate Management
| Brian Norris | Senior Relations | Profile | |
| Mark Donohue | Chief Officer | Profile | |
| Parag Vaish | Chief Officer | Profile | |
| Alec Rose | Chief Scientist | Profile | |
| Jay Muelhoefer | Chief Officer | Profile | |
| Anil Chitkara | CoFounder Officer | Profile |
Additional Tools for Evolv Stock Analysis
When running Evolv Technologies' price analysis, check to measure Evolv Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.