Sunnova Energy International Stock Today
| NOVA Stock | USD 5.54 0.13 2.40% |
Performance0 of 100
| Odds Of DistressLess than 45
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Sunnova Energy is trading at 5.54 as of the 30th of November 2024, a 2.40 percent increase since the beginning of the trading day. The stock's open price was 5.41. Sunnova Energy has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Sunnova Energy International 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 Utilities | IPO Date 25th of July 2019 | Category Technology |
Sunnova Energy International Inc. provides residential energy services in the United States. Sunnova Energy International Inc. was incorporated in 2012 and is headquartered in Houston, Texas. Sunnova Energy operates under Solar classification in the United States and is traded on New York Stock Exchange. The company has 124.95 M outstanding shares of which 32.91 M shares are now shorted by private and institutional investors with about 2.47 trading days to cover. More on Sunnova Energy International
Moving together with Sunnova Stock
| 0.77 | VVPR | VivoPower International Tech Boost | PairCorr |
Moving against Sunnova Stock
Sunnova Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | William Berger | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Novo Nordisk A/S | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Independent Power and Renewable Electricity Producers, Utilities, Technology, NYSE Composite, Energy, Utilities, Independent Power and Renewable Electricity Producers, Solar, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsSunnova Energy 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 Sunnova Energy's financial leverage. It provides some insight into what part of Sunnova Energy's total assets is financed by creditors.
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Sunnova Energy International (NOVA) is traded on New York Stock Exchange in USA. It is located in 20 East Greenway Plaza, Houston, TX, United States, 77046 and employs 2,047 people. Sunnova Energy is listed under Independent Power and Renewable Electricity Producers category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 692.24 M. Sunnova Energy Inter conducts business under Independent Power and Renewable Electricity Producers sector and is part of Utilities industry. The entity has 124.95 M outstanding shares of which 32.91 M shares are now shorted by private and institutional investors with about 2.47 trading days to cover.
Sunnova Energy International currently holds about 412.58 M in cash with (237.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59.
Check Sunnova Energy Probability Of Bankruptcy
Ownership AllocationThe majority of Sunnova Energy Inter outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sunnova Energy to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sunnova Energy Inter. Please pay attention to any change in the institutional holdings of Sunnova Energy International as this could imply that something significant has changed or is about to change at the company.
Check Sunnova Ownership Details
Sunnova Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | |
| Electron Capital Partners, Llc | 2024-09-30 | 3.4 M | |
| Geode Capital Management, Llc | 2024-09-30 | 2.6 M | |
| Millennium Management Llc | 2024-06-30 | 2.5 M | |
| Citadel Advisors Llc | 2024-09-30 | 2.5 M | |
| Ci Private Wealth Llc | 2024-06-30 | 2.3 M | |
| Bank Of America Corp | 2024-06-30 | 2.3 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 2.2 M | |
| Qube Research & Technologies | 2024-06-30 | 1.7 M | |
| Bnp Paribas Investment Partners Sa | 2024-06-30 | 14.1 M | |
| Blackrock Inc | 2024-06-30 | 13.2 M |
Sunnova Energy Historical Income Statement
Sunnova Stock Against Markets
Sunnova Energy Corporate Management
| Douglas Kimmelman | Independent Director | Profile | |
| Michael Morgan | Independent Director | Profile | |
| Jackson III | Executive Officer | Profile | |
| Akbar Mohamed | Independent Director | Profile | |
| Meghan Nutting | Executive Vice President Policy and Communications | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sunnova Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Independent Power and Renewable Electricity Producers 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 Sunnova Energy. If investors know Sunnova 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 Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.38) | Revenue Per Share 6.552 | Quarterly Revenue Growth 0.186 | Return On Assets (0.01) | Return On Equity (0.23) |
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy'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 Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy'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 Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy'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.