Sunnova Energy International (NOVA) Expected to Announce Earnings on Monday

Sunnova Energy International (NYSE:NOVA) will likely be issuing its quarterly earnings data before the market opens on Monday, March 3rd. Analysts expect the company to announce earnings of ($0.79) per share and revenue of $235.85 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Sunnova Energy International Trading Down 5.1 %

Shares of Sunnova Energy International stock opened at $1.95 on Monday. The company has a market cap of $243.03 million, a P/E ratio of -0.58 and a beta of 2.28. The firm has a 50-day simple moving average of $3.09 and a two-hundred day simple moving average of $5.83. The company has a debt-to-equity ratio of 3.26, a quick ratio of 0.86 and a current ratio of 0.86. Sunnova Energy International has a fifty-two week low of $1.85 and a fifty-two week high of $13.00.

Analyst Ratings Changes

NOVA has been the subject of a number of research reports. Barclays cut their target price on shares of Sunnova Energy International from $10.00 to $9.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. Wells Fargo & Company cut their target price on shares of Sunnova Energy International from $8.00 to $4.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 8th. Piper Sandler cut their target price on shares of Sunnova Energy International from $8.00 to $4.50 and set a “neutral” rating for the company in a research note on Friday, November 22nd. Royal Bank of Canada cut shares of Sunnova Energy International from an “outperform” rating to a “sector perform” rating in a research note on Monday, December 9th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Sunnova Energy International from $14.00 to $11.00 and set an “overweight” rating for the company in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Sunnova Energy International currently has an average rating of “Hold” and a consensus price target of $9.03.

Sunnova Energy International Company Profile

Sunnova Energy International Inc engages in the provision of energy as a service in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services.