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NOVA

NOVA - Sunnova Energy International Inc Stock Price, Fair Value and News

5.48USD+0.43 (+8.51%)Delayed

Market Summary

NOVA
USD5.48+0.43
Delayed
8.51%

NOVA Alerts

  • Losses in recent quarter

NOVA Stock Price

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NOVA RSI Chart

NOVA Valuation

Market Cap

679.4M

Price/Earnings (Trailing)

-1.67

Price/Sales (Trailing)

0.94

Price/Free Cashflow

-0.33

NOVA Price/Sales (Trailing)

NOVA Profitability

Return on Equity

-25.36%

Return on Assets

-3.44%

Free Cashflow Yield

-305.56%

NOVA Fundamentals

NOVA Revenue

Revenue (TTM)

719.9M

Rev. Growth (Yr)

-0.49%

Rev. Growth (Qtr)

-17.14%

NOVA Earnings

Earnings (TTM)

-406.8M

Earnings Growth (Yr)

13.72%

Earnings Growth (Qtr)

62.72%

Breaking Down NOVA Revenue

Last 7 days

3.2%

Last 30 days

30.7%

Last 90 days

15.3%

Trailing 12 Months

-70.7%

How does NOVA drawdown profile look like?

NOVA Financial Health

Current Ratio

0.74

Debt/Equity

4.53

Debt/Cashflow

-0.02

NOVA Investor Care

Shares Dilution (1Y)

6.61%

Diluted EPS (TTM)

-3.4

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024719.9M000
2023653.7M673.0M722.1M720.7M
2022266.2M346.7M427.1M557.7M
2021172.3M196.0M214.8M241.8M
2020134.7M142.8M156.4M160.8M
2019111.3M117.0M123.1M131.6M
201883.7M90.6M97.5M104.4M
201700076.9M
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Tracking the Latest Insider Buys and Sells of Sunnova Energy International Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 17, 2024
yang mary
acquired
-
-
15,132
-
May 17, 2024
morgan michael c
acquired
-
-
7,566
-
May 17, 2024
andrew anne s
acquired
-
-
25,896
-
May 17, 2024
mohamed akbar
acquired
-
-
23,596
-
May 17, 2024
brownell nora mead
acquired
-
-
12,610
-
May 17, 2024
shaper c park
acquired
-
-
7,566
-

1–10 of 50

Which funds bought or sold NOVA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
new
-
539
539
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
3,168
3,251,000
3,519,000
0.03%
Jun 04, 2024
DekaBank Deutsche Girozentrale
reduced
-19.03
-225,000
100,000
-%
May 17, 2024
Shaolin Capital Management LLC
new
-
3,562,300
3,562,300
0.04%
May 16, 2024
COMERICA BANK
sold off
-100
-518
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.48
-1,079,510
672,866
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-0.85
-1,650,030
5,915,430
-%
May 16, 2024
Tidal Investments LLC
new
-
291,291
291,291
-%
May 16, 2024
FSA Wealth Management LLC
unchanged
-
-565
435
-%
May 16, 2024
JANE STREET GROUP, LLC
added
0.59
-5,793,700
8,353,190
-%

1–10 of 24

Are Funds Buying or Selling NOVA?

Are funds buying NOVA calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NOVA
No. of Funds

Unveiling Sunnova Energy International Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
newlight partners lp
5.31%
6,505,811
SC 13D/A
Feb 13, 2024
vanguard group inc
8.57%
10,486,392
SC 13G/A
Feb 09, 2024
goldman sachs group inc
5.1%
6,277,633
SC 13G
Jan 31, 2024
pictet asset management sa
8.5%
10,410,079
SC 13G
Jan 23, 2024
blackrock inc.
12.7%
15,578,721
SC 13G/A
Jan 10, 2024
bnp paribas asset management uk ltd
9.37%
11,467,313
SC 13G/A
Feb 09, 2023
vanguard group inc
8.42%
9,677,917
SC 13G/A
Jan 31, 2023
bnp paribas asset management uk ltd
10.55%
12,128,254
SC 13G/A
Jan 27, 2023
blackrock inc.
14.3%
16,441,918
SC 13G
Jan 27, 2023
blackrock inc.
14.3%
16,441,918
SC 13G

Recent SEC filings of Sunnova Energy International Inc

View All Filings
Date Filed Form Type Document
Jun 12, 2024
3
Insider Trading
Jun 12, 2024
4
Insider Trading
Jun 10, 2024
8-K
Current Report
Jun 06, 2024
8-K
Current Report
Jun 03, 2024
8-K
Current Report
May 21, 2024
8-K
Current Report
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading

Peers (Alternatives to Sunnova Energy International Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
76.7B
68.9M
-13.58% -46.88%
-5.0K
1.1K
51.94% 28.11%
28.1B
3.6B
32.79% 38.83%
27.4
7.88
27.28% 2360.58%
16.2B
1.8B
4.10% -34.54%
58.68
8.86
-30.11% -43.96%
MID-CAP
2.8B
2.1B
6.39% -34.59%
-1.93
1.32
-11.90% -7091.51%
2.1B
2.2B
-23.42% -86.60%
-8.13
0.95
-34.19% -231.31%
1.9B
1.4B
16.97% -39.56%
17.45
1.44
-21.04% 85.86%
SMALL-CAP
1.2B
474.7M
7.33% -72.19%
38.47
2.47
30.38% -78.20%
491.0M
1.8B
-0.70% -74.27%
-3.38
0.22
14.74% -307.59%
59.2M
98.7M
-6.00% -81.78%
-1.25
0.6
-13.73% 43.41%
2.8M
458.3K
-25.00% -25.00%
-0.2
6.04
-62.52% 37.22%
1.7M
154.9M
- -97.50%
-0.02
0.01
10.63% -80.26%

Sunnova Energy International Inc News

Latest updates
Defense World32 hours ago
Defense World14 Jun 202411:24 am
Defense World09 Jun 202407:00 am
Forbes03 Jun 202407:00 am
The Motley Fool02 May 202407:00 am

Sunnova Energy International Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-17.1%16119419816616219614914766.0065.0069.0067.0041.0038.0050.0043.0030.0034.0037.0035.0027.00
Costs and Expenses-15.7%24529123722621021217715010074.0077.0081.0065.0056.0049.0048.0044.0043.0043.0037.0031.00
Operating Expenses-------------------43.0037.00-
  S&GA Expenses0.8%11711611210110188.0076.0068.0070.0060.0053.0048.0042.0031.0029.0028.0028.0027.0029.0024.0019.00
Interest Expenses47.8%10571.0089.0055.0069.0037.0044.0024.0037.001.0027.0050.0028.00-39.9730.0031.0067.008.0031.0037.0032.00
Income Taxes-7165.4%-43.031.00-9.327.001.004.00---0.000.00--0.000.00------
Net Income62.7%-69.96-187-63.15-86.09-81.08-61.99-64.54-41.14-130-14.21-27.54-63.40-32.98-128-64.18-25.26-71.07-13.76-34.37-49.81-35.50
Net Income Margin2.6%-0.57*-0.58*-0.40*-0.44*-0.38*-0.36*-0.36*-0.34*-0.53*-0.57*-1.18*-1.48*---------
Free Cashflow17.1%-464-560-579-472-458-298-360-312-230-272-143-179---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets4.2%11,81611,34110,7859,6078,9028,3377,6506,6885,9285,5045,0604,5663,7573,5883,1542,8682,6822,4872,1501,9531,809
  Current Assets-12.7%8179369947478289489376715636167186403774573092872802741261090.00
    Cash Equivalents8.9%23221346818742154654036432539252046926337821218416915010999.0079.00
  Net PPE7.2%6,0425,6395,1194,5134,0543,7853,5373,2883,0572,9102,7382,5912,4462,3232,1732,0061,8851,7451,6201,500-
  Goodwill---13.0013.0013.0013.0013.0013.0013.0013.0013.004.004.00--------
Liabilities3.1%9,4949,2128,5837,6196,9556,4495,8964,9104,2763,8833,5683,1542,3962,3072,1431,9681,8481,6691,3671,404-
  Current Liabilities0.7%1,1021,095869580528542458388346311263239217211186190191195131159-
  Long Term Debt3.5%7,2747,0316,7116,1245,6215,1954,8073,9863,4623,1362,9322,5931,9951,9251,7951,6291,5121,346---
    LT Debt, Current2.1%49348347024220921419116615513011912811611111011410197.00---
    LT Debt, Non Current3.5%7,2747,0316,7116,1245,6215,1954,8073,9863,4623,1362,9322,5931,9951,9251,7951,6291,5121,346---
Shareholder's Equity5.1%1,6041,5271,5581,8881,7671,7221,5921,6211,5061,4761,3501,2721,2241,145875767704691662442473
  Retained Earnings28.7%-162-228-191-272-366-364-395-382-425-459-505-529-524-530-476-426-418-361-365-347-
  Additional Paid-In Capital0.7%1,7671,7551,7491,6621,6461,6381,6341,6781,6571,6491,6011,5971,5471,4831,1991,0881,0111,00899286.000.00
Shares Outstanding3.8%123118120116115114114114113111112109---------
Minority Interest21.6%530436520498488449354326274287255206201193153--45.00---
Float----2,100---2,100---3,500---572-----
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-53.5%-65.64-42.77-12.25-13.21-169-67.63-103-70.21-92.13-62.38-36.16-60.78-49.91-29.67-18.87-24.82-58.11-95.72-18.84-31.26-24.43
  Share Based Compensation137.4%14.006.005.005.0010.004.004.005.0011.003.003.003.008.002.002.003.003.002.006.001.000.00
Cashflow From Investing29.7%-458-652-717-649-524-530-557-536-357-394-337-282-226-235-236-173-184-178-172-124-92.68
Cashflow From Financing11.3%5174651,049648569604837646383328425549162431283213261315201176109
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NOVA Income Statement

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]   
Revenue$ 160,904$ 161,696 
Operating expense:   
Cost of revenue—depreciation42,15628,197 
Cost of revenue—inventory sales21,89251,779 
Cost of revenue—other39,34819,224 
Operations and maintenance36,94510,739 
General and administrative117,111101,261 
Other operating income(12,326)(723) 
Total operating expense, net245,126210,477 
Operating loss(84,222)(48,781)$ (81,500)
Interest expense, net84,60185,607 
Interest income(35,696)(24,788) 
Other (income) expense(24)236 
Loss before income tax(133,103)(109,836) 
Income tax (benefit) expense(43,028)510 
Net loss(90,075)(110,346)$ (130,300)
Net loss attributable to redeemable noncontrolling interests and noncontrolling interests(20,115)(29,263) 
Net loss attributable to stockholders$ (69,960)$ (81,083) 
Net loss per share attributable to stockholders - basic (in USD per share)$ (0.57)$ (0.70) 
Net loss per share attributable to stockholders - diluted (in USD per share)$ (0.57)$ (0.70) 
Weighted average common shares outstanding - basic (in shares)122,894,548115,073,975 
Weighted average common shares outstanding - diluted (in shares)122,894,548115,073,975 

NOVA Balance Sheet

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 231,711$ 212,832
Accounts receivable—trade, net35,75640,767
Accounts receivable—other163,724253,350
Other current assets, net of allowance of $4,649 and $4,659 as of March 31, 2024 and December 31, 2023, respectively386,222429,299
Total current assets817,413936,248
Property and equipment, net6,042,1585,638,794
Customer notes receivable, net of allowance of $111,576 and $111,818 as of March 31, 2024 and December 31, 2023, respectively3,890,8353,735,986
Intangible assets, net126,539134,058
Other assets938,629895,885
Total assets[1]11,815,57411,340,971
Current liabilities:  
Accounts payable374,861355,791
Accrued expenses87,626122,355
Current portion of long-term debt493,496483,497
Other current liabilities146,449133,649
Total current liabilities1,102,4321,095,292
Long-term debt, net7,273,7367,030,756
Other long-term liabilities1,117,6171,086,011
Total liabilities[1]9,493,7859,212,059
Commitments and contingencies
Redeemable noncontrolling interests187,312165,872
Stockholders' equity:  
Common stock, 123,971,555 and 122,466,515 shares issued as of March 31, 2024 and December 31, 2023, respectively, at $0.0001 par value1212
Additional paid-in capital—common stock1,766,9661,755,461
Accumulated deficit(162,973)(228,583)
Total stockholders' equity1,604,0051,526,890
Noncontrolling interests530,472436,150
Total equity2,134,4771,963,040
Total liabilities, redeemable noncontrolling interests and equity$ 11,815,574$ 11,340,971
[1]The consolidated assets as of March 31, 2024 and December 31, 2023 include $5,568,816 and $5,297,816, respectively, of assets of variable interest entities ("VIEs") that can only be used to settle obligations of the VIEs. These assets include cash of $63,777 and $54,674 as of March 31, 2024 and December 31, 2023, respectively; accounts receivable—trade, net of $15,729 and $13,860 as of March 31, 2024 and December 31, 2023, respectively; accounts receivable—other of $145,886 and $187,607 as of March 31, 2024 and December 31, 2023, respectively; other current assets of $631,951 and $693,772 as of March 31, 2024 and December 31, 2023, respectively; property and equipment, net of $4,615,433 and $4,273,478 as of March 31, 2024 and December 31, 2023, respectively; and other assets of $96,040 and $74,425 as of March 31, 2024 and December 31, 2023, respectively. The consolidated liabilities as of March 31, 2024 and December 31, 2023 include $249,869 and $278,016, respectively, of liabilities of VIEs whose creditors have no recourse to Sunnova Energy International Inc. These liabilities include accounts payable of $156,518 and $197,072 as of March 31, 2024 and December 31, 2023, respectively; accrued expenses of $532 and $157 as of March 31, 2024 and December 31, 2023, respectively; other current liabilities of $11,684 and $7,269 as of March 31, 2024 and December 31, 2023, respectively; and other long-term liabilities of $81,135 and $73,518 as of March 31, 2024 and December 31, 2023, respectively.
NOVA
Sunnova Energy International Inc. provides 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 diagnostics services. As of December 31, 2022, it operated a fleet of residential solar energy systems with a generation capacity of approximately 1,627 megawatts serving over 279,000 customers. Sunnova Energy International Inc. was incorporated in 2012 and is headquartered in Houston, Texas.
 CEO
 WEBSITEsunnova.com
 INDUSTRYSolar
 EMPLOYEES1170

Sunnova Energy International Inc Frequently Asked Questions


What is the ticker symbol for Sunnova Energy International Inc? What does NOVA stand for in stocks?

NOVA is the stock ticker symbol of Sunnova Energy International Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Sunnova Energy International Inc (NOVA)?

As of Tue Jun 18 2024, market cap of Sunnova Energy International Inc is 679.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NOVA stock?

You can check NOVA's fair value in chart for subscribers.

What is the fair value of NOVA stock?

You can check NOVA's fair value in chart for subscribers. The fair value of Sunnova Energy International Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Sunnova Energy International Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NOVA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Sunnova Energy International Inc a good stock to buy?

The fair value guage provides a quick view whether NOVA is over valued or under valued. Whether Sunnova Energy International Inc is cheap or expensive depends on the assumptions which impact Sunnova Energy International Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NOVA.

What is Sunnova Energy International Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 18 2024, NOVA's PE ratio (Price to Earnings) is -1.67 and Price to Sales (PS) ratio is 0.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NOVA PE ratio will change depending on the future growth rate expectations of investors.