Evolus Inc. [NASDAQ: EOLS] gained 8.26% or 0.29 points to close at $3.80 with a heavy trading volume of 2134383 shares.
It opened the trading session at $3.75, the shares rose to $3.98 and dropped to $3.58, the range by which the price of stock traded the whole day. The daily chart for EOLS points out that the company has recorded -7.99% loss over the past six months. However, it is still -26.67% lower than its most recent low trading price.
If we look at the average trading volume of 712.95K shares, EOLS reached to a volume of 2134383 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Evolus Inc. [EOLS]:
Mizuho have made an estimate for Evolus Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 07, 2020. The new note on the price target was released on February 06, 2020, representing the official price target for Evolus Inc. stock. Previously, the target price had yet another raise to $25, while SVB Leerink analysts kept a Outperform rating on EOLS stock.
The Average True Range (ATR) for Evolus Inc. is set at 0.27, with the Price to Sales ratio for EOLS stock in the period of the last 12 months amounting to 2.50. The Price to Book ratio for the last quarter was 2.95, with the Price to Cash per share for the same quarter was set at 2.53.
Trading performance analysis for EOLS stock
Evolus Inc. [EOLS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.83. With this latest performance, EOLS shares gained by 7.04% in over the last four-week period, additionally sinking by -7.99% over the last 6 months – not to mention a drop of -78.72% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EOLS stock in for the last two-week period is set at 53.63, with the RSI for the last a single of trading hit 53.81, and the three-weeks RSI is set at 51.02 for Evolus Inc. [EOLS]. The present Moving Average for the last 50 days of trading for this stock 3.57, while it was recorded at 3.75 for the last single week of trading, and 6.17 for the last 200 days.
Evolus Inc. [EOLS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Evolus Inc. [EOLS] shares currently have an operating margin of -271.40 and a Gross Margin at +65.22. Evolus Inc.’s Net Margin is presently recorded at -257.79.
Return on Total Capital for EOLS is now -68.37, given the latest momentum, and Return on Invested Capital for the company is -65.22. Return on Equity for this stock declined to -109.90, with Return on Assets sitting at -43.68. When it comes to the capital structure of this company, Evolus Inc. [EOLS] has a Total Debt to Total Equity ratio set at 121.51. Additionally, EOLS Total Debt to Total Capital is recorded at 54.85, with Total Debt to Total Assets ending up at 40.15. Long-Term Debt to Equity for the company is recorded at 120.00, with the Long-Term Debt to Total Capital now at 54.17.
Reflecting on the efficiency of the workforce at the company, Evolus Inc. [EOLS] managed to generate an average of -$383,123 per employee. Receivables Turnover for the company is 6.55 with a Total Asset Turnover recorded at a value of 0.17.Evolus Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.00 and a Current Ratio set at 5.50.
Evolus Inc. [EOLS]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Evolus Inc. posted -0.78/share EPS, while the average EPS was predicted by analysts to be reported at -1.13/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 31.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EOLS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Evolus Inc. go to 16.80%.
An analysis of insider ownership at Evolus Inc. [EOLS]
There are presently around $35 million, or 28.60% of EOLS stock, in the hands of institutional investors. The top three institutional holders of EOLS stocks are: BLACKROCK INC. with ownership of 1,993,887, which is approximately 21.257% of the company’s market cap and around 1.60% of the total institutional ownership; MFN PARTNERS MANAGEMENT, LP, holding 1,420,000 shares of the stock with an approximate value of $5.4 million in EOLS stocks shares; and SCHRODER INVESTMENT MANAGEMENT GROUP, currently with $4.3 million in EOLS stock with ownership of nearly 8.464% of the company’s market capitalization.
Positions in Evolus Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 40 institutional holders increased their position in Evolus Inc. [NASDAQ:EOLS] by around 965,384 shares. Additionally, 55 investors decreased positions by around 5,977,246 shares, while 22 investors held positions by with 2,344,466 shares. The mentioned changes placed institutional holdings at 9,287,096 shares, according to the latest SEC report filing. EOLS stock had 14 new institutional investments in for a total of 195,719 shares, while 30 institutional investors sold positions of 5,415,773 shares during the same period.