108 institutions hold shares in Chargepoint Holdings Inc. (CHPT), with 1.04M shares held by insiders accounting for 4.53% while institutional investors hold 60.81% of the company’s shares. The shares outstanding are 39.27M, and float is at 11.12M with Short Float at 85.62%. Institutions hold 58.05% of the Float.
Chargepoint Holdings Inc. (NYSE: CHPT) is -25.55% lower on its value in year-to-date trading and has touched a low of $9.61 and a high of $49.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CHPT stock was last observed hovering at around $26.70 in the last trading session, with the day’s gains setting it 3.14% off its average median price target of $40.00 for the next 12 months. It is also 35.13% off the consensus price target high of $46.00 offered by 4 analysts, but current levels are -6.57% lower than the price target low of $28.00 for the same period.
Currently trading at $29.84, the stock is 21.14% and -7.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.46 million and changing 11.76% at the moment leaves the stock 33.48% off its SMA200. CHPT registered 196.03% gain for a year compared to 6-month gain of 91.28%. The firm has a 50-day simple moving average (SMA 50) of $28.01 and a 200-day simple moving average (SMA200) of $28.22.
The stock witnessed a 5.33% loss in the last 1 month and extending the period to 3 months gives it a -27.54%, and is 47.65% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.07% over the week and 12.35% over the month.
Chargepoint Holdings Inc. (CHPT) has around 3 employees, a market worth around $7.42B and $146.49M in sales. Distance from 52-week low is 210.51% and -39.69% from its 52-week high.
Chargepoint Holdings Inc. (CHPT) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Chargepoint Holdings Inc. (CHPT) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 1.80, where 1 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Chargepoint Holdings Inc. quarterly earnings per share for the current quarter are estimated at -$0.1 with sales reaching $44.02M over the same period.The EPS is expected to shrink by -734.90% this year, but quarterly earnings will post 39.90% year-over-year.