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

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

Sunnova Energy International Price Performance

NYSE:NOVA opened at $1.67 on Friday. 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 12 month low of $1.64 and a 12 month high of $13.00. The firm has a market cap of $208.05 million, a P/E ratio of -0.50 and a beta of 2.28. The stock has a 50 day moving average of $2.89 and a two-hundred day moving average of $5.65.

Analyst Upgrades and Downgrades

NOVA has been the topic of a number of recent research reports. Piper Sandler lowered their price target on shares of Sunnova Energy International from $8.00 to $4.50 and set a “neutral” rating on the stock in a research report on Friday, November 22nd. JPMorgan Chase & Co. reduced their target price on shares of Sunnova Energy International from $14.00 to $11.00 and set an “overweight” rating on the stock in a research note on Thursday, January 23rd. Jefferies Financial Group lowered shares of Sunnova Energy International from a “buy” rating to a “hold” rating and decreased their target price for the company from $9.00 to $2.00 in a report on Friday, February 7th. Morgan Stanley cut their price target on shares of Sunnova Energy International from $12.00 to $6.00 and set an “equal weight” rating for the company in a report on Friday, November 15th. Finally, Susquehanna cut Sunnova Energy International from a “positive” rating to a “neutral” rating and decreased their price objective for the company from $14.00 to $4.50 in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $9.03.

Sunnova Energy International Company Profile

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.