Sunnova Energy International (NOVA) Projected to Post Earnings on Wednesday

Sunnova Energy International (NYSE:NOVA) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of ($0.70) per share and revenue of $236.64 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Sunnova Energy International Trading Up 0.3 %

Shares of NYSE:NOVA opened at $1.91 on Tuesday. The company has a market cap of $238.03 million, a P/E ratio of -0.57 and a beta of 2.28. The company has a debt-to-equity ratio of 3.26, a current ratio of 0.86 and a quick ratio of 0.86. Sunnova Energy International has a 1 year low of $1.86 and a 1 year high of $13.00. The stock’s fifty day moving average price is $3.26 and its 200-day moving average price is $5.98.

Analyst Ratings Changes

NOVA has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their target price on Sunnova Energy International from $14.00 to $11.00 and set an “overweight” rating on the stock in a report on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft reduced their price target on Sunnova Energy International from $9.00 to $6.25 and set a “hold” rating for the company in a research report on Friday, November 1st. BMO Capital Markets restated a “market perform” rating and issued a $8.00 price target (down previously from $10.00) on shares of Sunnova Energy International in a research report on Friday, November 1st. Jefferies Financial Group cut Sunnova Energy International from a “buy” rating to a “hold” rating and reduced their price target for the stock from $9.00 to $2.00 in a research report on Friday, February 7th. Finally, Robert W. Baird reduced their price target on Sunnova Energy International from $12.00 to $9.00 and set an “outperform” rating for the company in a research report on Wednesday, December 18th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $9.03.

About Sunnova Energy International

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.