Infrastructure and Energy Alternatives Inc. [NASDAQ: IEA] stock went on an upward path that rose over 2.29% on Tuesday, amounting to a one-week price increase of more than 43.58%.
Over the last 12 months, IEA stock rose by 34.33%. The one-year Infrastructure and Energy Alternatives Inc. stock forecast points to a potential upside of 3.69. The average equity rating for IEA stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $107.48 million, with 20.75 million shares outstanding and 19.97 million shares in the current float. Compared to the average trading volume of 388.67K shares, IEA stock reached a trading volume of 2295653 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Infrastructure and Energy Alternatives Inc. [IEA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IEA shares is $6.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IEA stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DA Davidson have made an estimate for Infrastructure and Energy Alternatives Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 11, 2020. The new note on the price target was released on November 01, 2018, representing the official price target for Infrastructure and Energy Alternatives Inc. stock.
The Average True Range (ATR) for Infrastructure and Energy Alternatives Inc. is set at 0.68, with the Price to Sales ratio for IEA stock in the period of the last 12 months amounting to 0.06. Price to Free Cash Flow for IEA in the course of the last twelve months was 1.58.
IEA Stock Performance Analysis:
Infrastructure and Energy Alternatives Inc. [IEA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 43.58. With this latest performance, IEA shares gained by 17.01% in over the last four-week period, additionally plugging by 211.44% over the last 6 months – not to mention a rise of 34.33% 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 IEA stock in for the last two-week period is set at 66.85, with the RSI for the last a single of trading hit 71.28, and the three-weeks RSI is set at 64.59 for Infrastructure and Energy Alternatives Inc. [IEA]. The present Moving Average for the last 50 days of trading for this stock 4.41, while it was recorded at 5.08 for the last single week of trading, and 3.18 for the last 200 days.
Insight into Infrastructure and Energy Alternatives Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Infrastructure and Energy Alternatives Inc. [IEA] shares currently have an operating margin of +2.52 and a Gross Margin at +10.76. Infrastructure and Energy Alternatives Inc.’s Net Margin is presently recorded at +0.43.
Return on Total Capital for IEA is now 11.45, given the latest momentum, and Return on Invested Capital for the company is 2.23. Additionally, IEA Total Debt to Total Capital is recorded at 126.34, with Total Debt to Total Assets ending up at 51.89.
Reflecting on the efficiency of the workforce at the company, Infrastructure and Energy Alternatives Inc. [IEA] managed to generate an average of $1,917 per employee. Receivables Turnover for the company is 4.45 with a Total Asset Turnover recorded at a value of 1.95.Infrastructure and Energy Alternatives Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.20.
IEA Stock EPS
With the latest financial reports released by the company, Infrastructure and Energy Alternatives Inc. posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.47/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -48.90%. 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 IEA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Infrastructure and Energy Alternatives Inc. go to 8.00%.
Infrastructure and Energy Alternatives Inc. [IEA] Insider Position Details
There are presently around $18 million, or 19.10% of IEA stock, in the hands of institutional investors. The top three institutional holders of IEA stocks are: ROYCE & ASSOCIATES LP with ownership of 875,100, which is approximately 0% of the company’s market cap and around 8.50% of the total institutional ownership; VANGUARD GROUP INC, holding 346,453 shares of the stock with an approximate value of $2.17 million in IEA stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $1.94 million in IEA stock with ownership of nearly 32.821% of the company’s market capitalization.
Positions in Infrastructure and Energy Alternatives Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 12 institutional holders increased their position in Infrastructure and Energy Alternatives Inc. [NASDAQ:IEA] by around 210,931 shares. Additionally, 9 investors decreased positions by around 91,155 shares, while 6 investors held positions by with 2,521,581 shares. The mentioned changes placed institutional holdings at 2,823,667 shares, according to the latest SEC report filing. IEA stock had 3 new institutional investments in for a total of 75,038 shares, while 4 institutional investors sold positions of 54,578 shares during the same period.