Evergreen (EVGR) Stock Price, News & Analysis

Company Overview

Evergreen Corporation is a blank check company. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.

Key Stats

• Today's Range: $11.76 to $11.76
• 50-Day Range: $11.61 to $11.79
• 52-Week Range: $11.06 to $11.79
• Volume: 420 shs
• Average Volume: 1,606 shs
• Market Capitalization: $94.90 million
• P/E Ratio: 42.00
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Evergreen Stock Analysis - MarketRank™

Evergreen scored higher than 27% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Evergreen.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Evergreen is 42.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Evergreen is 42.00, which means that it is trading at a more expensive P/E ratio than the Unclassified sector average P/E ratio of about 1.07.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.04% of the float of Evergreen has been sold short.

Short Interest Ratio / Days to Cover

Evergreen has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Evergreen has recently increased by 46.67%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

Evergreen does not currently pay a dividend.

Dividend Growth

Evergreen does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

0.04% of the float of Evergreen has been sold short.

Short Interest Ratio / Days to Cover

Evergreen has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Evergreen has recently increased by 46.67%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.12

News Sentiment

Evergreen has a news sentiment score of 0.12. 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 1.11 average news sentiment score of Unclassified companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Evergreen this week, compared to 0 articles on an average week.

MarketBeat Follows

2 people have added Evergreen to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Evergreen insiders have not sold or bought any company stock.

Percentage Held by Insiders

31.30% of the stock of Evergreen is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

69.26% of the stock of Evergreen is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EVGR Stock Analysis - Frequently Asked Questions

How have EVGR shares performed this year?

Evergreen's stock was trading at $11.19 on January 1st, 2024. Since then, EVGR stock has increased by 5.1% and is now trading at $11.76.
View the best growth stocks for 2024 here.

How were Evergreen's earnings last quarter?

Evergreen Co. (NASDAQ:EVGR) released its quarterly earnings results on Thursday, October, 10th. The company reported $0.07 earnings per share for the quarter.

Who are Evergreen's major shareholders?

Evergreen's top institutional investors include Glazer Capital LLC (5.97%), Wolverine Asset Management LLC (5.39%), Mizuho Securities USA LLC (5.15%) and Westchester Capital Management LLC (3.10%).

How do I buy shares of Evergreen?

Shares of EVGR 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 Evergreen own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Evergreen investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), e.l.f. Beauty (ELF), Disc Medicine (IRON), Jabil (JBL) and Adobe (ADBE).

Company Calendar

• Last Earnings: 10/10/2024
• Today: 11/21/2024
• Fiscal Year End: 11/30/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Unclassified
• Industry: Holding & other investment offices
• Sub-Industry: Trading
• Current Symbol: NASDAQ:EVGR
• Previous Symbol: NASDAQ:EVGR
• CUSIP: N/A
• CIK: 1900402
• Web: N/A
• Phone: 786-406-6082
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.28
• Trailing P/E Ratio: 42.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $3.67 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -31.43%
• Return on Assets: 4.04%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.01
• Quick Ratio: 0.01

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: $1.08 per share
• Price / Cash Flow: 10.90
• Book Value: ($2.32) per share
• Price / Book: -5.07

Miscellaneous

• Outstanding Shares: 8,070,000
• Free Float: 5,545,000
• Market Cap: $94.90 million
• Optionable: Not Optionable
• Beta: N/A