Should I buy or sell Charge Enterprises stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charge Enterprises in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CRGE shares. View CRGE analyst ratings or view top-rated stocks .

What is Charge Enterprises' stock price target for 2024?

2 brokerages have issued 12-month price targets for Charge Enterprises' shares. Their CRGE share price targets range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 2,719.5% from the stock's current price. View analysts price targets for CRGE or view top-rated stocks among Wall Street analysts .

How have CRGE shares performed in 2023?

Charge Enterprises' stock was trading at $1.24 at the beginning of the year. Since then, CRGE shares have decreased by 87.1% and is now trading at $0.1596. View the best growth stocks for 2023 here .

Are investors shorting Charge Enterprises?

Charge Enterprises saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,010,000 shares, an increase of 9.0% from the October 31st total of 3,680,000 shares. Based on an average daily trading volume, of 577,900 shares, the short-interest ratio is currently 6.9 days. Currently, 3.5% of the shares of the stock are short sold. View Charge Enterprises' Short Interest .

When is Charge Enterprises' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024. View our CRGE earnings forecast .

How were Charge Enterprises' earnings last quarter?

Charge Enterprises, Inc. (NASDAQ:CRGE) announced its quarterly earnings data on Wednesday, November, 8th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The firm earned $132.28 million during the quarter, compared to analysts' expectations of $147.95 million. Charge Enterprises had a negative net margin of 5.76% and a negative trailing twelve-month return on equity of 136.79%.

Who are Charge Enterprises' major shareholders?

Charge Enterprises' stock is owned by many different institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.41%), Bank of New York Mellon Corp (0.17%), LPL Financial LLC (0.07%), UBS Group AG (0.05%), FNY Investment Advisers LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Amy Hanson, Andrew Scott Fox, Chantel E Lenard, Craig Harper-Denson, Gary N Jacobs, James Biehl, Justin Deutsch, Leah Schweller, Mark R Laneve and Michael Wojtowicz. View institutional ownership trends .

How do I buy shares of Charge Enterprises?

Shares of CRGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Charge Enterprises Stock Price, News & Analysis (NASDAQ:CRGE)

$0.16

+0.00 (+1.00%)

(As of 12:26 PM ET)

Compare

Today's Range: $0.15
▼
$0.17
50-Day Range: $0.16
▼
$0.54
52-Week Range: $0.15
▼
$1.96

Volume: 494,463 shs
Average Volume: 486,496 shs
Market Capitalization: $34.84 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.50

Charge Enterprises MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 2,719.5% Upside
$4.50 Price Target
Short Interest: Bearish
3.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.16
Based on 2 Articles This Week
Insider Trading: Acquiring Shares
$78,744 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Computer And Technology Sector

415th out of 591 stocks

Telegraph & Other Communications Industry

3rd out of 3 stocks

3.3

Analyst's Opinion

Consensus Rating
Charge Enterprises has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.50, Charge Enterprises has a forecasted upside of 2,719.5% from its current price of $0.16.
Amount of Analyst Coverage
Charge Enterprises has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.48% of the float of Charge Enterprises has been sold short.
Short Interest Ratio / Days to Cover
Charge Enterprises has a short interest ratio ("days to cover") of 6.9.
Change versus previous month
Short interest in Charge Enterprises has recently increased by 8.97%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Charge Enterprises does not currently pay a dividend.
Dividend Growth
Charge Enterprises does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CRGE.

2.3

News and Social Media Coverage

News Sentiment
Charge Enterprises has a news sentiment score of 1.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Charge Enterprises this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added Charge Enterprises to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Charge Enterprises insiders have bought more of their company's stock than they have sold. Specifically, they have bought $78,744.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
25.22% of the stock of Charge Enterprises is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 21.21% of the stock of Charge Enterprises is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Charge Enterprises is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Charge Enterprises is -0.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Charge Enterprises has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Charge Enterprises Stock (NASDAQ:CRGE)

Charge Enterprises Inc. operates as an electrical, broadband, and electric vehicle (EV) charging infrastructure company. The company provides clients with end-to-end project management services, including advising, designing, engineering, acquiring and installing equipment, monitoring, servicing, and maintenance. It operates in two segments, Infrastructure and Telecommunications. The Infrastructure segment offers broadband and wireless, electrical contracting, electric vehicle charging, and fleet services. The Telecommunications segment provides internet-protocol-based and time-division multiplexing access for transport of long-distance voice and data minutes; domestic switching and related peripheral equipment services, and carrier-grade routers and switches for internet and circuit-based services, as well as connection of voice calls and data services. The company was formerly known as TransWorld Holdings Inc and changed its name to Charge Enterprises, Inc. in January 2021. Charge Enterprises, Inc. was incorporated in 2003 and is based in New York, New York.

CRGE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CRGE Stock News Headlines

December 5, 2023 | finance.yahoo.com

Georgia’s No. 1 Volume and a Top 10 U.S Ford Dealership Commissions Charge Enterprises for EV Charging and Solar Project

December 5, 2023 | americanbankingnews.com

Charge Enterprises, Inc. (NASDAQ:CRGE) Short Interest Update

December 6, 2023 | Wealthpress (Ad)

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November 26, 2023 | realmoney.thestreet.com

Charge Enterprises downgraded to Hold from Buy at Maxim

November 13, 2023 | finance.yahoo.com

What You Need To Know About The Charge Enterprises, Inc. (NASDAQ:CRGE) Analyst Downgrade Today

November 13, 2023 | finance.yahoo.com

Charge Enterprises Appoints Matthew Chee as Senior Vice President of Growth

November 12, 2023 | finance.yahoo.com

Charge Enterprises, Inc. (NASDAQ:CRGE) Q3 2023 Earnings Call Transcript

November 12, 2023 | markets.businessinsider.com

Buy Rating Maintained for Charge Enterprises Despite Decreased Revenue: An Analysis of Q3 Performance and 2024 Projections

December 6, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 11, 2023 | finance.yahoo.com

Analysts Have Been Trimming Their Charge Enterprises, Inc. (NASDAQ:CRGE) Price Target After Its Latest Report

November 8, 2023 | businesswire.com

(0.05

November 8, 2023 | msn.com

Charge Enterprises, Inc. (CRGE) Reports Q3 Loss, Lags Revenue Estimates

November 8, 2023 | msn.com

Charge Enterprises GAAP EPS of -$0.05 beats by $0.01, revenue of $132.27M misses by $11.51M

November 8, 2023 | finance.yahoo.com

Charge Enterprises Reports Third Quarter 2023 Financial Results

October 25, 2023 | finance.yahoo.com

Charge Enterprises Sets Date for 2023 Third Quarter Financial Results Webcast

September 19, 2023 | finance.yahoo.com

Charge Enterprises to Participate in the UBS Mobility Virtual Conference

September 12, 2023 | msn.com

Charge Enterprises director buys 5,000 common shares

September 11, 2023 | seekingalpha.com

Large stakeholder Arena sends letter to Charge Enterprises

September 11, 2023 | finance.yahoo.com

Arena Investors Outlines Necessary Steps for Charge Enterprises to Improve Corporate Management and Operations

September 11, 2023 | finance.yahoo.com

Insider Buying: CEO Michael Wojtowicz Acquires 30,000 Shares of Charge Enterprises Inc

September 7, 2023 | finance.yahoo.com

Charge Enterprises to Participate in the Raymond James Virtual Lean, Mean and Green: Vehicle Technology Day

August 30, 2023 | markets.businessinsider.com

Maxim Group Keeps Their Buy Rating on Charge Enterprises (CRGE)

August 29, 2023 | investing.com

Charge announced leadership changes

August 29, 2023 | finance.yahoo.com

Charge Enterprises Announces Leadership Change

August 28, 2023 | finance.yahoo.com

Stellantis Selects Charge Enterprises as Infrastructure Provider for US Dealership Network

August 25, 2023 | benzinga.com

Charge Reports $138.2 Million In Infrastructure Project Backlog As Demand For EV Charging Installations Soars

August 21, 2023 | finance.yahoo.com

Arena Investors LP Acquires Significant Stake in Charge Enterprises Inc

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Telegraph & other communications
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CRGE
CUSIP: N/A
CIK: 1277250
Web: www.charge.us
Phone: (212) 921-2100
Fax: N/A
Employees: 332
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.50
High Stock Price Target: $4.50
Low Stock Price Target: $4.50
Potential Upside/Downside: +2,753.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-30,350,000.00
Net Margins: -5.76%
Pretax Margin: -6.49%
Return on Equity: -136.79%
Return on Assets: -20.11%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 0.94
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $641.37 million
Price / Sales: 0.05
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.12 per share
Price / Book: 1.31

Miscellaneous

Outstanding Shares: 215,040,000
Free Float: 160,807,000
Market Cap: $33.91 million
Optionable: Not Optionable
Beta: 2.74

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Key Executives

Mr. Craig Denson (Age 61)
Co-Founder, Interim CEO, COO & Director
Comp: $850k
Mr. James Biehl J.D. (Age 59)
Chief Legal Officer, Chief Compliance Officer & Corporate Secretary
Comp: $352.26k
Mr. Mark Raymond LaNeve (Age 64)
President
Comp: $420k
Ms. Leah A. Schweller (Age 49)
Chief Financial Officer
Comp: $1.02M
Ms. Christine Cannella
Vice President of Investor Relations
Ms. Jamie Yung
Director of Human Resources
Brendan Durkin
President of EVDepot
Mr. Matthew Chee
Senior Vice President of Growth
Mr. Paolo Fettuccia (Age 59)
President & CEO of ANS Advanced Network Services, LLC
Mr. Michael Wojtowicz (Age 60)
President & CEO of BW Electrical Services, LLC

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CRGE Stock Analysis - Frequently Asked Questions

Should I buy or sell Charge Enterprises stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Charge Enterprises in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CRGE shares.
View CRGE analyst ratings or view top-rated stocks.
What is Charge Enterprises' stock price target for 2024?: 2 brokerages have issued 12-month price targets for Charge Enterprises' shares. Their CRGE share price targets range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 2,719.5% from the stock's current price.
View analysts price targets for CRGE or view top-rated stocks among Wall Street analysts.
How have CRGE shares performed in 2023?: Charge Enterprises' stock was trading at $1.24 at the beginning of the year. Since then, CRGE shares have decreased by 87.1% and is now trading at $0.1596.
View the best growth stocks for 2023 here.
Are investors shorting Charge Enterprises?: Charge Enterprises saw a increase in short interest in November. As of November 15th, there was short interest totaling 4,010,000 shares, an increase of 9.0% from the October 31st total of 3,680,000 shares. Based on an average daily trading volume, of 577,900 shares, the short-interest ratio is currently 6.9 days. Currently, 3.5% of the shares of the stock are short sold.
View Charge Enterprises' Short Interest.

When is Charge Enterprises' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our CRGE earnings forecast.
How were Charge Enterprises' earnings last quarter?: Charge Enterprises, Inc. (NASDAQ:CRGE) announced its quarterly earnings data on Wednesday, November, 8th. The company reported ($0.05) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.05). The firm earned $132.28 million during the quarter, compared to analysts' expectations of $147.95 million. Charge Enterprises had a negative net margin of 5.76% and a negative trailing twelve-month return on equity of 136.79%.
Who are Charge Enterprises' major shareholders?: Charge Enterprises' stock is owned by many different institutional and retail investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.41%), Bank of New York Mellon Corp (0.17%), LPL Financial LLC (0.07%), UBS Group AG (0.05%), FNY Investment Advisers LLC (0.03%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Amy Hanson, Andrew Scott Fox, Chantel E Lenard, Craig Harper-Denson, Gary N Jacobs, James Biehl, Justin Deutsch, Leah Schweller, Mark R Laneve and Michael Wojtowicz.
View institutional ownership trends.
How do I buy shares of Charge Enterprises?: Shares of CRGE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CRGE) was last updated on 12/6/2023 by MarketBeat.com Staff

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