why EON Resources Inc [EONR] is a Good Choice for Investors After New Price Target of $2.00

Brandon Evans

EON Resources Inc [AMEX: EONR] jumped around 0.07 points on Thursday, while shares priced at $0.51 at the close of the session, up 16.19%.

Compared to the average trading volume of 2.11M shares, EONR reached a trading volume of 9847138 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about EON Resources Inc [EONR]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EONR shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EONR stock is a recommendation set at 1.00. 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.

The Price to Book ratio for the last quarter was 1.02, with the Price to Cash per share for the same quarter was set at 0.08.

How has EONR stock performed recently?

EON Resources Inc [EONR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 40.56. With this latest performance, EONR shares gained by 58.12% in over the last four-week period, additionally sinking by -5.47% over the last 6 months – not to mention a drop of -38.28% in the past year of trading.

EON Resources Inc [EONR]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and EON Resources Inc [EONR] shares currently have an operating margin of -20.70% and a Gross Margin at 33.03%. EON Resources Inc’s Net Margin is presently recorded at -37.40%.

EON Resources Inc (EONR) Capital Structure & Debt Analysis

According to recent financial data for EON Resources Inc. ( EONR), the Return on Equity (ROE) stands at -135.30%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -6.54%, reflecting the company’s efficiency in generating profits from its assets. Additionally, EON Resources Inc’s Return on Invested Capital (ROIC) is -12.71%, showcasing its effectiveness in deploying capital for earnings.

EON Resources Inc (EONR) Efficiency & Liquidity Metrics

Based on EON Resources Inc’s (EONR) latest financial statements, the Debt-to-Equity Ratio is 2.51%, indicating its reliance on debt financing relative to shareholder equity.

EON Resources Inc (EONR) Efficiency & Liquidity Metrics

From an operational efficiency perspective, EON Resources Inc. (EONR) effectively leverages its workforce, generating an average of -$566666.67 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.21% and a Quick Ratio of 0.21%, indicating strong ability to cover short-term liabilities.

Earnings analysis for EON Resources Inc [EONR]

With the latest financial reports released by the company, EON Resources Inc posted -0.67/share EPS, while the average EPS was predicted by analysts to be reported at -0.35/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.32. 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 EONR.

Insider trade positions for EON Resources Inc [EONR]

There are presently around $2.72%, or 3.34%% of EONR stock, in the hands of institutional investors.

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