Enovix Corporation (ENVX): Price and Financial Metrics
ENVX Price/Volume Stats
| Current price | $12.40 | 52-week high | $23.90 |
| Prev. close | $12.42 | 52-week low | $6.50 |
| Day low | $12.33 | Volume | 645,640 |
| Day high | $12.65 | Avg. volume | 5,930,293 |
| 50-day MA | $15.49 | Dividend yield | N/A |
| 200-day MA | $12.90 | Market Cap | 1.99B |
ENVX Stock Price Chart Interactive Chart >
ENVX POWR Grades
- Momentum is the dimension where ENVX ranks best; there it ranks ahead of 70.22% of US stocks.
- ENVX's strongest trending metric is Growth; it's been moving up over the last 177 days.
- ENVX's current lowest rank is in the Value metric (where it is better than 0.44% of US stocks).
ENVX Stock Summary
- ENVX's price/sales ratio is 1,627.41; that's higher than the P/S ratio of 99.66% of US stocks.
- With a year-over-year growth in debt of 1,915.7%, ENOVIX CORP's debt growth rate surpasses 99.31% of about US stocks.
- As for revenue growth, note that ENVX's revenue has grown -77.18% over the past 12 months; that beats the revenue growth of merely 2.39% of US companies in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to ENOVIX CORP are ATAI, ANIX, NN, VRNA, and ENTX.
- To dig deeper into the stock's financial statements, go to ENVX's page on browse-edgar?action=getcompany&CIK=0001828318.
ENVX Valuation Summary
- ENVX's price/sales ratio is 1811.8; this is 95257.89% higher than that of the median Industrials stock.
- ENVX's price/earnings ratio has moved up 8.2 over the prior 34 months.
Below are key valuation metrics over time for ENVX.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| ENVX | 2023-09-19 | 1811.8 | 8.5 | -9.1 | -8.3 |
| ENVX | 2023-09-18 | 1839.3 | 8.7 | -9.3 | -8.4 |
| ENVX | 2023-09-15 | 2016.8 | 9.5 | -10.2 | -9.3 |
| ENVX | 2023-09-14 | 2063.5 | 9.7 | -10.4 | -9.5 |
| ENVX | 2023-09-13 | 1994.7 | 9.4 | -10.0 | -9.2 |
| ENVX | 2023-09-12 | 2022.3 | 9.5 | -10.2 | -9.3 |
ENVX's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ENVX has a Quality Grade of C, ranking ahead of 37.36% of graded US stocks.
- ENVX's asset turnover comes in at 0 -- ranking 48th of 53 Electrical Equipment stocks.
- 500 - Internal server error
The table below shows ENVX's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0 | NA | -6.57 |
ENVX Price Target
For more insight on analysts targets of ENVX, see our ENVX price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $29.67 | Average Broker Recommendation | 1.17 (Strong Buy) |
Enovix Corporation (ENVX) Company Bio
Enovix Corporation develops and manufactures 3D silicon lithium-ion batteries. Its lithium-ion battery uses 3D cell architecture and silicon anode to increase energy density and maintain high cycle life. The company has strategic partnerships with Cypress Semiconductor, Intel Corporation, and Qualcomm. Enovix Corporation was formerly known as MicroAzure Corp. The company was founded in 2006 and is based in Fremont, California. It has production plants in Fremont, California; and Manila, the Philippines.
Latest ENVX News From Around the Web
Below are the latest news stories about ENOVIX CORP that investors may wish to consider to help them evaluate ENVX as an investment opportunity.
Enovix to Acquire RoutejadeBuying existing coating supplier speeds product development, manufacturing efficiency, access to leading battery materials, path to strong margins, and supports manufacturing scale-up by reducing future capital expenditure need by approximately $35 million for coating capacity.Establishes presence in Korea, strategically near key customers, equipment suppliers, and raw materials suppliers. Adds immediately accretive battery business focused on Military and IoT end markets with growth potential a |
Enovix Launches Podcast Detailing Its Journey to Scale After Commencing Factory Acceptance Testing of Gen2 Equipment in AugustFREMONT, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company, today announced it is launching the company’s first podcast, “Journey to Scale,” to provide in-depth and frequent updates as it scales to high-volume manufacturing. The podcast is being launched following commencement of Factory Acceptance Testing of the company’s Gen2 production equipment, a key milestone outlined earlier this year. “Our goal with the podcast is |
Insider Stock Buying Reaches US$5.5m On EnovixOver the last year, a good number of insiders have significantly increased their holdings in Enovix Corporation... |
Enovix Second Quarter 2023 Earnings: Misses ExpectationsEnovix ( NASDAQ:ENVX ) Second Quarter 2023 Results Key Financial Results Net loss: US$64.3m (loss widened by US$63.2m... |
Does This Valuation Of Enovix Corporation (NASDAQ:ENVX) Imply Investors Are Overpaying?Key Insights Using the 2 Stage Free Cash Flow to Equity, Enovix fair value estimate is US$13.46 Enovix's US$17.52 share... |
ENVX Price Returns
| 1-mo | -12.31% |
| 3-mo | -31.26% |
| 6-mo | -16.83% |
| 1-year | -34.56% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | -0.32% |
| 2022 | -54.40% |
| 2021 | N/A |
| 2020 | N/A |
| 2019 | N/A |
| 2018 | N/A |
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