Eos Energy Enterprises Inc [NASDAQ: EOSE] stock went on an upward path that rose over 4.15% on Monday, amounting to a one-week price increase of more than 9.76%.
Over the last 12 months, EOSE stock rose by 68.91%. The one-year Eos Energy Enterprises Inc stock forecast points to a potential upside of 21.82. The average equity rating for EOSE stock is currently 1.86, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $706.47 million, with 216.71 million shares outstanding and 210.36 million shares in the current float. Compared to the average trading volume of 7.73M shares, EOSE stock reached a trading volume of 7009070 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Eos Energy Enterprises Inc [EOSE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EOSE shares is $4.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EOSE stock is a recommendation set at 1.86. 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.
Stifel have made an estimate for Eos Energy Enterprises Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 21, 2024. The new note on the price target was released on September 05, 2023, representing the official price target for Eos Energy Enterprises Inc stock. Previously, the target price had yet another raise to $10, while Guggenheim analysts kept a Buy rating on EOSE stock. On June 30, 2023, analysts increased their price target for EOSE shares from 3 to 4.
The Average True Range (ATR) for Eos Energy Enterprises Inc is set at 0.23, with the Price to Sales ratio for EOSE stock in the period of the last 12 months amounting to 47.77.
EOSE Stock Performance Analysis:
Eos Energy Enterprises Inc [EOSE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.76. With this latest performance, EOSE shares gained by 50.23% in over the last four-week period, additionally plugging by 227.77% over the last 6 months – not to mention a rise of 68.91% 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 EOSE stock in for the last two-week period is set at 70.27, with the RSI for the last a single of trading hit 74.86, and the three-weeks RSI is set at 67.49 for Eos Energy Enterprises Inc [EOSE]. The present Moving Average for the last 50 days of trading for this stock 2.30, while it was recorded at 3.08 for the last single week of trading, and 1.36 for the last 200 days.
Insight into Eos Energy Enterprises Inc Fundamentals:
Eos Energy Enterprises Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.34 and a Current Ratio set at 2.68.
EOSE Stock EPS
With the latest financial reports released by the company, Eos Energy Enterprises Inc posted 0.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.31/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.42. 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 EOSE.
Eos Energy Enterprises Inc [EOSE] Institutonal Ownership Details
There are presently around $32.59%, or 33.43%% of EOSE stock, in the hands of institutional investors. The top three institutional holders of EOSE stocks are: VANGUARD GROUP INC with ownership of 8.6 million shares, which is approximately 4.2713%. ELECTRON CAPITAL PARTNERS, LLC, holding 7.67 million shares of the stock with an approximate value of $$9.74 million in EOSE stocks shares; and ELECTRON CAPITAL PARTNERS, LLC, currently with $$6.28 million in EOSE stock with ownership which is approximately 2.4557%.
