Is ESS Tech Stock a Good Investment?
ESS Tech Investment Advice | GWH |
- Examine ESS Tech's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research ESS Tech's leadership team and their track record. Good management can help ESS Tech navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact ESS Tech's business and its evolving consumer preferences.
- Compare ESS Tech's performance and market position to its competitors. Analyze how ESS Tech is positioned in terms of product offerings, innovation, and market share.
- Check if ESS Tech pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about ESS Tech's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in ESS Tech stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if ESS Tech is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Abnormally volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine ESS Tech Stock
Researching ESS Tech's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 36.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.67. Some equities with similar Price to Book (P/B) outperform the market in the long run. ESS Tech has Price/Earnings To Growth (PEG) ratio of 0.16. The entity recorded a loss per share of 7.25. The firm had not issued any dividends in recent years. ESS Tech had 1:15 split on the 26th of August 2024.
To determine if ESS Tech is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding ESS Tech's research are outlined below:
| ESS Tech is way too risky over 90 days horizon | |
| ESS Tech may become a speculative penny stock | |
| ESS Tech appears to be risky and price may revert if volatility continues | |
| ESS Tech has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 6.29 M. Reported Net Loss for the year was (86.22 M) with loss before taxes, overhead, and interest of (45.12 M). | |
| ESS Tech has about 238.94 M in cash with (72.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| ESS Tech has a poor financial position based on the latest SEC disclosures | |
| Roughly 36.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: VERBUND and Fluence launch large-scale battery storage projects in Germany FLNC Stock News |
ESS Tech uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in ESS Tech. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ESS Tech's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of March 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact ESS Tech's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises ESS Tech's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-14 | 2024-06-30 | -0.1 | -0.12 | -0.02 | 20 | ||
2024-03-13 | 2023-12-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2023-11-07 | 2023-09-30 | -0.13 | -0.11 | 0.02 | 15 | ||
2023-03-01 | 2022-12-31 | -0.19 | -0.16 | 0.03 | 15 | ||
2023-05-09 | 2023-03-31 | -0.18 | -0.14 | 0.04 | 22 | ||
2022-11-03 | 2022-09-30 | -0.17 | -0.21 | -0.04 | 23 | ||
2022-08-11 | 2022-06-30 | -0.15 | -0.1 | 0.05 | 33 | ||
2022-05-12 | 2022-03-31 | -0.14 | -0.05 | 0.09 | 64 |
Know ESS Tech's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ESS Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ESS Tech backward and forwards among themselves. ESS Tech's institutional investor refers to the entity that pools money to purchase ESS Tech's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Green Alpha Advisors, Llc | 2025-03-31 | 14.8 K | Ubs Group Ag | 2025-03-31 | 12 K | Northern Trust Corp | 2025-03-31 | 10.6 K | Parallel Advisors, Llc | 2025-03-31 | 5.8 K | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 4.8 K | Golden State Wealth Management, Llc | 2025-03-31 | 2.7 K | Cwm, Llc Duplicate | 2025-03-31 | 2.7 K | Bank Of America Corp | 2025-03-31 | 2.7 K | Pnc Financial Services Group Inc | 2025-03-31 | 2.4 K | Softbank Group Corp | 2025-03-31 | 2.4 M | Baird Financial Group, Inc. | 2025-03-31 | 367.5 K |
ESS Tech's market capitalization trends
The company currently falls under 'Micro-Cap' category with a total capitalization of 20.12 M.Market Cap |
|
ESS Tech's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (1.28) | (1.35) | |
| Return On Capital Employed | (2.03) | (2.13) | |
| Return On Assets | (1.20) | (1.26) | |
| Return On Equity | (2.99) | (2.84) |
Determining ESS Tech's profitability involves analyzing its financial statements and using various financial metrics to determine if ESS Tech is a good buy. For example, gross profit margin measures ESS Tech's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of ESS Tech's profitability and make more informed investment decisions.
Evaluate ESS Tech's management efficiency
ESS Tech has Return on Asset of (0.6239) % which means that on every $100 spent on assets, it lost $0.6239. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.7205) %, meaning that it generated no profit with money invested by stockholders. ESS Tech's management efficiency ratios could be used to measure how well ESS Tech manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -1.35. The current Return On Capital Employed is estimated to decrease to -2.13. As of now, ESS Tech's Asset Turnover is increasing as compared to previous years.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.45 | 2.33 | |
| Tangible Book Value Per Share | 2.06 | 1.95 | |
| Enterprise Value Over EBITDA | (0.68) | (0.71) | |
| Price Book Value Ratio | 2.40 | 2.28 | |
| Enterprise Value Multiple | (0.68) | (0.71) | |
| Price Fair Value | 2.40 | 2.28 | |
| Enterprise Value | 57.6 M | 54.7 M |
Effective management at ESS Tech has been a driving force behind its market achievements. We assess the correlation between management practices and financial success to determine the stock's value.
Beta 1.265 |
Basic technical analysis of ESS Stock
As of the 20th of July, ESS Tech shows the Market Risk Adjusted Performance of 0.1925, downside deviation of 10.65, and Mean Deviation of 8.94. ESS Tech technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.ESS Tech's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ESS Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on ESS Tech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ESS Tech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
ESS Tech's Outstanding Corporate Bonds
ESS Tech issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ESS Tech uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ESS bonds can be classified according to their maturity, which is the date when ESS Tech has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand ESS Tech's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing ESS Tech's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0348 | |||
| Market Risk Adjusted Performance | 0.1925 | |||
| Mean Deviation | 8.94 | |||
| Semi Deviation | 10.1 | |||
| Downside Deviation | 10.65 | |||
| Coefficient Of Variation | 3688.91 | |||
| Standard Deviation | 16.94 | |||
| Variance | 286.87 | |||
| Information Ratio | 0.0188 | |||
| Jensen Alpha | 0.1272 | |||
| Total Risk Alpha | (1.92) | |||
| Sortino Ratio | 0.0299 | |||
| Treynor Ratio | 0.1825 | |||
| Maximum Drawdown | 124.38 | |||
| Value At Risk | (16.41) | |||
| Potential Upside | 17.97 | |||
| Downside Variance | 113.33 | |||
| Semi Variance | 102.06 | |||
| Expected Short fall | (13.28) | |||
| Skewness | 3.74 | |||
| Kurtosis | 24.75 |
| Risk Adjusted Performance | 0.0348 | |||
| Market Risk Adjusted Performance | 0.1925 | |||
| Mean Deviation | 8.94 | |||
| Semi Deviation | 10.1 | |||
| Downside Deviation | 10.65 | |||
| Coefficient Of Variation | 3688.91 | |||
| Standard Deviation | 16.94 | |||
| Variance | 286.87 | |||
| Information Ratio | 0.0188 | |||
| Jensen Alpha | 0.1272 | |||
| Total Risk Alpha | (1.92) | |||
| Sortino Ratio | 0.0299 | |||
| Treynor Ratio | 0.1825 | |||
| Maximum Drawdown | 124.38 | |||
| Value At Risk | (16.41) | |||
| Potential Upside | 17.97 | |||
| Downside Variance | 113.33 | |||
| Semi Variance | 102.06 | |||
| Expected Short fall | (13.28) | |||
| Skewness | 3.74 | |||
| Kurtosis | 24.75 |
Consider ESS Tech's intraday indicators
ESS Tech intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ESS Tech stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
ESS Tech time-series forecasting models is one of many ESS Tech's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ESS Tech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
ESS Stock media impact
There is far too much social signal, news, headlines, and media speculation about ESS Tech that are available to investors today. This information is accessible both publicly - through ESS Tech's media outlets and privately, via word of mouth or internal channels. However, regardless of the source, the sheer volume of ESS-related data is difficult to distill into actionable insights, especially for investors who are not well-versed in the rapidly evolving tools and techniques of investment management.
A primary focus of ESS Tech news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of ESS Tech relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to ESS Tech's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive ESS Tech alpha.
ESS Tech Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards ESS Tech can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
ESS Tech Corporate Management
| Vince Canino | Chief Officer | Profile | |
| Julia Song | CoFounder CTO | Profile | |
| Benjamin Heng | Executive Engineering | Profile | |
| Jeff Loebbaka | Chief Officer | Profile | |
| Chris Montgomery | Senior Chain | Profile | |
| Brian Lisiecki | Chief Officer | Profile | |
| Eric Dresselhuys | CEO Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ESS Tech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ESS Tech. If investors know ESS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.25) | Revenue Per Share | Quarterly Revenue Growth (0.78) | Return On Assets | Return On Equity |
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between ESS Tech's value and its price, as these two are different measures arrived at by various means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.