Evgo Inc Stock Today

EVGO Stock  USD 6.51  0.04  0.62%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 21

 
High
 
Low
Low
Evgo is selling at 6.51 as of the 30th of November 2024; that is 0.62 percent increase since the beginning of the trading day. The stock's open price was 6.47. Evgo has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Evgo Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
20th of November 2020
Category
Consumer Cyclical
Classification
Consumer Discretionary
EVgo, Inc. owns and operates a direct current fast charging network in the United States. The company was incorporated in 2010 and is based in Los Angeles, California. Evgo operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. The company has 107.35 M outstanding shares of which 36.07 M shares are currently shorted by private and institutional investors with about 5.07 trading days to cover. More on Evgo Inc

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Evgo Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO DirectorBadar Khan
Thematic IdeaRetail (View all Themes)
Business ConcentrationAutomotive Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, SP RETAIL SELECT, Retail, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.150.1995
Way Down
Slightly volatile
Total Current Liabilities58 M89.3 M
Way Down
Slightly volatile
Non Current Liabilities Total106.4 M176.9 M
Way Down
Slightly volatile
Total Assets557.6 M806.6 M
Way Down
Slightly volatile
Total Current Assets200.9 M267.4 M
Way Down
Slightly volatile
Debt Levels
Evgo can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Evgo's financial leverage. It provides some insight into what part of Evgo's total assets is financed by creditors.
Liquidity
Evgo Inc currently holds 68 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Evgo Inc has a current ratio of 6.03, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Evgo's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

(38.91 Million)
Evgo Inc (EVGO) is traded on NASDAQ Exchange in USA. It is located in 11835 West Olympic Boulevard, Los Angeles, CA, United States, 90064 and employs 292 people. Evgo is listed under Automotive Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.96 B. Evgo Inc conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 107.35 M outstanding shares of which 36.07 M shares are currently shorted by private and institutional investors with about 5.07 trading days to cover. Evgo Inc currently holds about 372.48 M in cash with (37.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39.
Check Evgo Probability Of Bankruptcy
Ownership Allocation
Evgo holds a total of 107.35 Million outstanding shares. Over half of Evgo's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Evgo Ownership Details

Evgo Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-06-30
885 K
Sir Capital Management, L.p.2024-09-30
829 K
Northern Trust Corp2024-09-30
813.3 K
Two Sigma Investments Llc2024-09-30
686.3 K
Jpmorgan Chase & Co2024-06-30
629.2 K
Davy Asset Management Limited2024-09-30
510.5 K
Wells Fargo & Co2024-06-30
480.4 K
Jane Street Group Llc2024-06-30
426.1 K
Hite Hedge Asset Management Mlp2024-09-30
413.9 K
Vanguard Group Inc2024-09-30
10.2 M
Blackrock Inc2024-06-30
6.9 M
View Evgo Diagnostics

Evgo Historical Income Statement

At this time, Evgo's Interest Income is very stable compared to the past year. View More Fundamentals

Evgo Stock Against Markets

Evgo Corporate Management

When determining whether Evgo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evgo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evgo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evgo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Automotive Retail 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 Evgo. If investors know Evgo 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 Evgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.90)
Earnings Share
(0.42)
Revenue Per Share
2.282
Quarterly Revenue Growth
0.924
Return On Assets
(0.1)
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo'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 Evgo's market value can be influenced by many factors that don't directly affect Evgo'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 Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo'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.