Enviva Inc. with ticker code (EVA) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 55 and 32 suggesting an average Analsyt target price of $39.75. Given that the stocks previous close was at $23.42 this indicates there is a potential upside of 69.7%. The 50 day moving average now sits at $34.34 and the 200 day MA is $53.52. The company has a market capitalization of $1,688m. Company Website: https://www.envivabiomass.com
The potential market cap would be $2,865m based on the market consensus.
Enviva Inc. produces, processes, and sells utility-grade wood pellets. The company’s products are used as a substitute for coal in power generation, and combined heat and power plants. It serves power generators in the United Kingdom, European Union, and Japan. DS: The company was formerly known as Enviva Partners, LP and changed its name to Enviva Inc. in December 2021. Enviva Inc. was incorporated in 2013 and is headquartered in Bethesda, Maryland.
The company has a dividend yield of 15.44% with the ex dividend date set at 17-2-2023 (DMY).
