Microvast (MVST) Stock Price, News & Analysis

Company Overview

Microvast Holdings, Inc. provides battery technologies for electric vehicles and energy storage solutions. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. It operates China, rest of the Asia Pacific, Europe, and the United States. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.

Key Stats

• Today's Range: $0.53 to $0.65
• 50-Day Range: $0.16 to $0.80
• 52-Week Range: $0.15 to $1.55
• Volume: 10.83 million shs
• Average Volume: 9.29 million shs
• Market Capitalization: $187.81 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.50
• Consensus Rating: Moderate Buy

Microvast Stock Analysis - MarketRank™

Microvast scored higher than 40% of companies evaluated by MarketBeat, and ranked 225th out of 331 stocks in the business services 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

Microvast has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Microvast has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

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

Price to Earnings Ratio vs. the Market

The P/E ratio of Microvast is -1.53, 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 Microvast is -1.53, 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

Microvast has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

8.01% of the float of Microvast has been sold short.

Short Interest Ratio / Days to Cover

Microvast has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in Microvast has recently increased by 3.64%, indicating that investor sentiment is decreasing.

Dividend

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

Dividend Yield

Microvast does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

8.01% of the float of Microvast has been sold short.

Short Interest Ratio / Days to Cover

Microvast has a short interest ratio ("days to cover") of 6.4.

Change versus previous month

Short interest in Microvast has recently increased by 3.64%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.52

News Sentiment

Microvast has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Business Services companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Microvast this week, compared to 2 articles on an average week.

Search Interest

Only 53 people have searched for MVST on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.

MarketBeat Follows

11 people have added Microvast to their MarketBeat watchlist in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

29.80% of the stock of Microvast is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 20.72% of the stock of Microvast is held by institutions.

MVST Stock Analysis - Frequently Asked Questions

How have MVST shares performed this year?

Microvast's stock was trading at $1.40 on January 1st, 2024. Since then, MVST shares have decreased by 58.6% and is now trading at $0.58.
View the best growth stocks for 2024 here.

How were Microvast's earnings last quarter?

Microvast Holdings, Inc. (NASDAQ:MVST) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.03. The firm earned $81.35 million during the quarter, compared to analyst estimates of $67.63 million. Microvast had a negative trailing twelve-month return on equity of 22.10% and a negative net margin of 30.88%.

Who are Microvast's major shareholders?

Microvast's top institutional investors include Geode Capital Management LLC (0.69%), State Street Corp (0.25%) and Point72 Asia Singapore Pte. Ltd. (0.06%). Insiders that own company stock include Yanzhuan Zheng, Craig Webster and Shane Smith.
View institutional ownership trends.

How do I buy shares of Microvast?

Shares of MVST 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 Microvast own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Microvast investors own include Zomedica (ZOM), Block (SQ), Tesla (TSLA), Palantir Technologies (PLTR), Jumia Technologies (JMIA), Meta Platforms (META) and Digital Turbine (APPS).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 4/07/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Miscellaneous electrical machinery, equipment, & supplies
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:MVST
• CUSIP: N/A
• CIK: 1760689
• Web: www.microvast.com
• Phone: 281-491-9505
• Fax: N/A
• Employees: 2,006
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.50
• High Stock Price Target: $8.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +675.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.38)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-106,340,000.00
• Net Margins: -30.88%
• Pretax Margin: -30.89%
• Return on Equity: -22.10%
• Return on Assets: -11.19%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 1.30
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $370.99 million
• Price / Sales: 0.51
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.78 per share
• Price / Book: 0.33

Miscellaneous

• Outstanding Shares: 323,815,000
• Free Float: 227,318,000
• Market Cap: $187.81 million
• Optionable: Optionable
• Beta: 1.72