Now trading at a price of $14.91, Eos Energy Enterprises has moved 0.6% so far today.
Eos Energy Enterprises returned gains of 411.0% last year, with its stock price reaching a high of $15.34 and a low of $2.06. Over the same period, the stock outperformed the S&P 500 index by 394.2%. More recently, the company's 50-day average price was $8.18. Eos Energy Enterprises, Inc. designs, develops, manufactures, and markets energy storage solutions for utility-scale, microgrid, and commercial and industrial applications in the United States. Based in Edison, NJ, the Mid-Cap Industrials company has 430 full time employees. Eos Energy Enterprises has not offered a dividend during the last year.
The Firm Has Negative Equity Levels:
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Revenue (k) | $496 | $219 | $4,598 | $17,924 | $16,378 | $15,606 |
| Net Margins | -16025% | -32257% | -2702% | -1282% | -1401% | -4395% |
| Net Income (k) | -$79,483 | -$70,643 | -$124,216 | -$229,813 | -$229,506 | -$685,870 |
| Net Interest Expense (k) | $2 | -$115 | -$604 | -$7,915 | -$1,795 | $4,395 |
| Depreciation & Amort. (k) | $2,083 | $1,558 | $2,613 | $6,814 | $9,751 | $7,809 |
| Diluted Shares (k) | 3,930 | 9,409 | 52,664 | 62,440 | 126,968 | 212,040 |
| Earnings Per Share | -$20.22 | -$7.51 | -$2.36 | -$3.68 | -$1.81 | -$4.55 |
| EPS Growth | n/a | 62.86% | 68.58% | -55.93% | 50.82% | -151.38% |
| Free Cash Flow (k) | -$26,133 | -$30,164 | -$131,736 | -$216,929 | -$174,341 | -$187,088 |
| CAPEX (k) | $2,299 | $3,605 | $15,589 | $20,072 | $29,323 | $33,152 |
| Total Debt (k) | $76,559 | $2,422 | $110,858 | $178,703 | $207,191 | $318,910 |
| Current Ratio | 0.07 | 9.38 | 4.77 | 0.91 | 2.01 | 2.77 |
Eos Energy Enterprises has rapidly growing revenues and increasing reinvestment in the business, an excellent current ratio of 2.77, and a strong EPS growth trend. However, the firm has negative cash flows.
Eos Energy Enterprises does not have a meaningful trailing P/E ratio since its earnings per share are negative. Its forward EPS guidance is negative too, at $-1.11. The average P/E ratio for the Industrials sector is 24.03.
There's an Analyst Consensus that Shares Are Overpriced for Eos Energy Enterprises:
The 7 analysts following Eos Energy Enterprises have set target prices ranging from $6.0 to $10.0 per share, for an average of $7.93 with a buy rating. The company is trading 88.0% away from its average target price, indicating that there is an analyst belief that shares are overpriced.
Eos Energy Enterprises has an unusually large proportion of its shares sold short because 30.3% of the company's shares are sold short. Institutions own 48.8% of the company's shares, and the insider ownership rate stands at 1.99%, suggesting a small amount of insider investors. The largest shareholder is Blackrock Inc., whose 6% stake in the company is worth $240,056,529.
