Energous (WATT) Stock Price, News & Analysis

Company Overview

Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices. Its products are used in asset trackers; sensors; retail displays; and security devices; smart home; medical; industrial; and other sensors; electronic shelf labeling; logistics and asset tracking tags and sensors; computer mice and keyboards; remote controls; gaming consoles and controllers; hearing aids; rechargeable batteries; automotive accessories; smart textiles; wearables; and medical devices. The company was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was incorporated in 2012 and is headquartered in San Jose; California.

Key Stats

• Today's Range: $0.46 to $0.49
• 50-Day Range: $0.46 to $0.77
• 52-Week Range: $0.45 to $2.75
• Volume: 60,687 shs
• Average Volume: 205,008 shs
• Market Capitalization: $4.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.25
• Consensus Rating: Buy

Energous Stock Analysis - MarketRank™

Energous scored higher than 39% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Energous has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Energous has received no research coverage in the past 90 days.

Earnings and Valuation

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

Earnings Growth

Earnings for Energous are expected to grow in the coming year, from ($3.01) to ($2.38) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Energous is -0.15, 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 Energous is -0.15, 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

Energous has a P/B Ratio of 9.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

11.68% of the float of Energous has been sold short.

Short Interest Ratio / Days to Cover

Energous has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Energous has recently decreased by 8.47%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Energous does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

11.68% of the float of Energous has been sold short.

Short Interest Ratio / Days to Cover

Energous has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Energous has recently decreased by 8.47%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.5 / 5
• News Sentiment: N/A

News Sentiment

Energous has a news sentiment score of 0.76. 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 Industrial Products companies.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 1.80% of the stock of Energous is held by insiders.

Percentage Held by Institutions

Only 4.35% of the stock of Energous is held by institutions.

WATT Stock Analysis - Frequently Asked Questions

How have WATT shares performed this year?

Energous' stock was trading at $1.83 at the beginning of the year. Since then, WATT shares have decreased by 74.9% and is now trading at $0.46.
View the best growth stocks for 2024 here.

How were Energous' earnings last quarter?

Energous Co. (NASDAQ:WATT) released its quarterly earnings data on Tuesday, November, 12th. The industrial products company reported ($0.50) earnings per share for the quarter, topping analysts' consensus estimates of ($0.74) by $0.24. The industrial products company had revenue of $0.23 million for the quarter. Energous had a negative trailing twelve-month return on equity of 317.56% and a negative net margin of 4,368.98%.

When did Energous' stock split?

Energous's stock reverse split before market open on Wednesday, August 16th 2023. The 1-20 reverse split was announced on Wednesday, August 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Energous?

Shares of WATT 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 Energous own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Energous investors own include Edap Tms (EDAP), Weatherford International (WFT), CTI BioPharma (CTIC), Canopy Growth (CGC), NVIDIA (NVDA), Advanced Micro Devices (AMD) and Pfizer (PFE).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Radio & t.v. communications equipment
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:WATT
• CUSIP: N/A
• CIK: 1575793
• Web: www.energous.com
• Phone: (408) 963-0200
• Fax: 925-344-4199
• Employees: 50
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $2.25
• High Stock Price Target: $2.50
• Low Stock Price Target: $2.00
• Potential Upside/Downside: +389.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($3.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-19,370,000.00
• Net Margins: -4,368.98%
• Pretax Margin: -4,368.98%
• Return on Equity: -317.56%
• Return on Assets: -171.56%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.81
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $470,000.00
• Price / Sales: 8.60
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.05 per share
• Price / Book: 9.20

Miscellaneous

• Outstanding Shares: 8,790,000
• Free Float: 8,628,000
• Market Cap: $4.04 million
• Optionable: No Data
• Beta: 2.61