Enviva moved -76.6% this afternoon session, trading between a high of $1.64 and a low of $0.7899 per share. Yesterday the stock finished at $3.84 per share, compared to an average analyst target price of $12.17.
Enviva Inc. produces, processes, and sells utility-grade wood pellets. The mid-cap forest products company is based in the United States, and over the last twelve months it has returned a dividend yield of 47.1%. Enviva has trailing twelve months earnings per share (EPS) of -4.02, which at today's prices amounts to a price to earnings (P/E) ratio of -0.2.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of -0.05. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,135,960 | 1,263,810 | -11 | -22.22 |
| 2022 | 1,094,276 | 1,189,763 | -9 | 0.0 |
| 2021 | 1,041,678 | 1,138,930 | -9 | -28.57 |
| 2020 | 874,962 | 935,392 | -7 | 46.15 |
| 2019 | 683,568 | 769,810 | -13 | -208.33 |
| 2018 | 573,741 | 504,300 | 12 |
Enviva's -6.2% 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.
