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

Sunnova Energy International (NYSE:NOVA - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Monday, March 3rd. Analysts expect Sunnova Energy International to post earnings of ($0.79) per share and revenue of $235.85 million for the quarter. Individual that are interested in participating in the company's earnings conference call can do so using this link.

Sunnova Energy International Trading Down 0.9 %

Shares of NOVA traded down $0.02 during midday trading on Thursday, hitting $1.73. The stock had a trading volume of 6,328,813 shares, compared to its average volume of 9,694,345. The business has a 50-day simple moving average of $2.96 and a two-hundred day simple moving average of $5.72. The firm has a market cap of $215.54 million, a P/E ratio of -0.51 and a beta of 2.28. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 3.26. Sunnova Energy International has a fifty-two week low of $1.70 and a fifty-two week high of $13.00.

Analyst Ratings Changes

NOVA has been the topic of several recent research reports. Susquehanna lowered shares of Sunnova Energy International from a "positive" rating to a "neutral" rating and cut their price objective for the company from $14.00 to $4.50 in a research report on Friday, January 10th. BMO Capital Markets reissued a "market perform" rating and set a $8.00 target price (down from $10.00) on shares of Sunnova Energy International in a research report on Friday, November 1st. Royal Bank of Canada downgraded Sunnova Energy International from an "outperform" rating to a "sector perform" rating in a research note on Monday, December 9th. Wells Fargo & Company reduced their target price on Sunnova Energy International from $8.00 to $4.00 and set an "equal weight" rating for the company in a report on Wednesday, January 8th. Finally, TD Cowen assumed coverage on shares of Sunnova Energy International in a report on Thursday, December 19th. They set a "hold" rating and a $5.00 price target for the company. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target 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.