What Enviva (EVA) Investors Need to Know Today

Enviva moved 0.4% this evening session, trading between a high of $5.175 and a low of $4.85 per share. Yesterday the stock finished at $5.11 per share, compared to an average analyst target price of $12.83.

Enviva Inc. produces, processes, and sells utility-grade wood pellets. The mid-cap forest products company is based in the United States, and over the last twelve months it has returned a dividend yield of 35.4%. Enviva has trailing twelve months earnings per share (EPS) of -4.04, which at today's prices amounts to a price to earnings (P/E) ratio of -1.3.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of -0.06. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Overview of the Company's Gross Margins:

Date Reported Revenue ($ k) Cost of Revenue ($ k) Gross Margins (%) YoY Growth (%)
2023-03-01 1,094,276 -927,453 15 -11.76
2022-03-04 1,041,678 -861,703 17 -10.53
2021-02-25 874,962 -711,248 19 850.0
2020-02-27 683,568 -667,434 2 -83.33
2019-03-04 573,741 -504,300 12 -20.0
2018-02-22 543,221 -464,419 15

Enviva's 13.3% average gross margins are thinner than the 29.64% average of the Lumber & Wood Production industry, implying that the firm might be lacking in competitivity.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.