Eos Energy Enterprises (EOSE) Stock Price, News & Analysis

Company Overview

Eos Energy Enterprises, Inc. designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility. Its flagship product is Gen 2.3 battery module. In addition, the company offers Z3 battery module that provides utilities, independent power producers, renewables developers, and C&I customers with an alternative to lithium-ion and lead-acid monopolar batteries for critical 3- to 12-hour discharge duration applications; battery management system, which provides a remote asset monitoring capability and service to track the performance and health of BESS and identify future system performance issues through predictive analytics; and project management and commissioning services, as well as long-term maintenance plans. Eos Energy Enterprises, Inc. is headquartered in Edison, New Jersey.

Key Stats

• Today's Range: $2.22 to $2.36
• 50-Day Range: $2.15 to $3.45
• 52-Week Range: $0.61 to $3.66
• Volume: 4.12 million shs
• Average Volume: 6.81 million shs
• Market Capitalization: $496.84 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.90
• Consensus Rating: Moderate Buy

Eos Energy Enterprises Stock Analysis - MarketRank™

Eos Energy Enterprises scored higher than 34% of companies evaluated by MarketBeat, and ranked 143rd out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Eos Energy Enterprises has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Eos Energy Enterprises has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Eos Energy Enterprises are expected to grow in the coming year, from ($2.52) to ($0.37) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Eos Energy Enterprises is -0.95, 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 Eos Energy Enterprises is -0.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

26.29% of the outstanding shares of Eos Energy Enterprises have been sold short.

Short Interest Ratio / Days to Cover

Eos Energy Enterprises has a short interest ratio ("days to cover") of 8.

Change versus previous month

Short interest in Eos Energy Enterprises has recently increased by 1.78%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Eos Energy Enterprises does not currently pay a dividend.

Dividend Growth

Eos Energy Enterprises does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

26.29% of the outstanding shares of Eos Energy Enterprises have been sold short.

Short Interest Ratio / Days to Cover

Eos Energy Enterprises has a short interest ratio ("days to cover") of 8.

Change versus previous month

Short interest in Eos Energy Enterprises has recently increased by 1.78%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: -0.36

News Sentiment

Eos Energy Enterprises has a news sentiment score of -0.36. 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 lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Eos Energy Enterprises this week, compared to 2 articles on an average week.

Search Interest

Only 33 people have searched for EOSE on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

MarketBeat Follows

14 people have added Eos Energy Enterprises to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Eos Energy Enterprises insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $78,600.00 in company stock.

Percentage Held by Insiders

Only 3.80% of the stock of Eos Energy Enterprises is held by insiders.

Percentage Held by Institutions

54.87% of the stock of Eos Energy Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EOSE Stock Analysis - Frequently Asked Questions

How have EOSE shares performed this year?

Eos Energy Enterprises' stock was trading at $1.09 at the beginning of 2024. Since then, EOSE shares have increased by 109.2% and is now trading at $2.28.
View the best growth stocks for 2024 here.

How were Eos Energy Enterprises' earnings last quarter?

Eos Energy Enterprises, Inc. (NASDAQ:EOSE) posted its quarterly earnings results on Wednesday, November, 10th. The company reported ($0.34) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.47) by $0.13. The firm earned $0.72 million during the quarter, compared to analyst estimates of $1.42 million.

Who are Eos Energy Enterprises' major shareholders?

Top institutional investors of Eos Energy Enterprises include Stifel Financial Corp (2.16%), Geode Capital Management LLC (1.14%), Brightline Capital Management LLC (0.76%) and State Street Corp (0.40%). Insiders that own company stock include Joe Mastrangelo, Claude Demby, Daniel Shribman, Alexander Dimitrief, Nathan Kroeker, Randall B Gonzales, Melissa Berube and John J Tedone.
View institutional ownership trends.

How do I buy shares of Eos Energy Enterprises?

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

What other stocks do shareholders of Eos Energy Enterprises own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eos Energy Enterprises investors own include Enovix (ENVX), Ginkgo Bioworks (DNA), Toast (TOST), COMPASS Pathways (CMPS), Rambus (RMBS), Globant (GLOB) and Luminar Technologies (LAZR).

Company Calendar

• Last Earnings: 11/10/2021
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:EOSE
• CUSIP: N/A
• CIK: 1805077
• Web: www.eosenergystorage.com
• Phone: 732-225-8400
• Fax: N/A
• Employees: 250
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.90
• High Stock Price Target: $6.00
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +71.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.41)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-229,510,000.00
• Net Margins: -3,067.26%
• Pretax Margin: -3,067.10%
• Return on Equity: N/A
• Return on Assets: -89.33%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.99
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $14.96 million
• Price / Sales: 33.20
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.56) per share
• Price / Book: -4.07

Miscellaneous

• Outstanding Shares: 217,912,000
• Free Float: 209,631,000
• Market Cap: $496.84 million
• Optionable: Optionable
• Beta: 2.38