Sunnova Energy International (NOVA) to Release Quarterly Earnings on Monday

Sunnova Energy International (NYSE:NOVA) will likely be announcing its earnings results 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. Investors that wish to listen to the company’s conference call can do so using this link.

Sunnova Energy International Price Performance

NYSE:NOVA opened at $1.67 on Friday. Sunnova Energy International has a 52 week low of $1.64 and a 52 week high of $13.00. The firm has a market cap of $208.05 million, a price-to-earnings ratio of -0.50 and a beta of 2.28. The firm’s 50-day simple moving average is $2.89 and its 200 day simple moving average is $5.66. The company has a debt-to-equity ratio of 3.26, a quick ratio of 0.86 and a current ratio of 0.86.

Wall Street Analyst Weigh In

Several equities analysts have commented on NOVA shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Sunnova Energy International from $9.00 to $6.25 and set a “hold” rating on the stock in a report on Friday, November 1st. Robert W. Baird decreased their target price on shares of Sunnova Energy International from $12.00 to $9.00 and set an “outperform” rating on the stock in a report on Wednesday, December 18th. BNP Paribas lowered shares of Sunnova Energy International from a “neutral” rating to an “underperform” rating and set a $3.50 target price on the stock. in a report on Friday, November 8th. Wolfe Research lowered shares of Sunnova Energy International from a “strong-buy” rating to a “hold” rating in a report on Monday, November 4th. Finally, Piper Sandler decreased their target price on shares of Sunnova Energy International from $8.00 to $4.50 and set a “neutral” rating on the stock in a report on Friday, November 22nd. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $9.03.

About Sunnova Energy International

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.