How to Buy Enviva Stock
Enviva Inc
Enviva is a lumber company located in Maryland, United States, which is part of the Basic Materials sector, and is traded under the ticker EVA on the NYSE exchange.
Enviva stock last closed at $0.53, down 0.19% from the previous day, and has decreased 94.06% in one year. It has underperformed other stocks in the Lumber & Wood Production industry by 1.21 percentage points. Enviva stock is currently +109.45% from its 52-week low of $0.25, and -96.25% from its 52-week high of $14.17.
As of May 7, 2024, there are 74.5M EVA shares outstanding. The market cap of EVA is $39.63M. In the past 24 hours, 333,556 EVA shares were traded.
How to Buy Enviva Stock
Not sure how to invest in Enviva stock? Here's how.
- Figure out where to buy Enviva stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you decide where to buy Enviva stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Pick your payment method and add your info.
- Analyze Enviva stock: The Enviva ticker symbol is EVA. Is Enviva stock a good investment? Should you buy shares of EVA? How do EVA's underlying business fundamentals look? Do top analysts think Enviva is a good buy? Why has EVA's stock price moved recently? (Hint: Our stock market analysis website can help you understand if EVA is a good stock to buy).
- Make your EVA trade: Decide if you will purchase EVA shares at the current market price or use a limit order to purchase EVA stock at a given price.
- Watch your EVA investment: Create a watchlist to keep track of your investment in Enviva shares.
Step 1: Figure out where to buy Enviva stock
You need a brokerage account in order to access the NYSE market and buy EVA shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to buy EVA stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have finished signing up on stock apps to use, you can securely and quickly fund your account:
Watch the video below to see the process of transferring money into your new brokerage account.
Step 4: Analyze Enviva stock
After you have figured out the best place to buy Enviva stock, it's very important to research their stock before you buy, so you truly comprehend the risk and opportunity.
Enviva quick stats
EVA Overview
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on EVA's stock page.
How is EVA stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge EVA's fair value.
Using relative valuations metrics:
- EVA could be undervalued based on its P/B ratio of 0.13x, relative to Lumber & Wood Production industry P/B ratio of 1.73x
You can access additional valuation analysis on EVA's stock here.
EVA Financial Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the EVA balance sheet.
Failed Health Checks:
- Total EVA debt is higher than 5 years ago, relative to shareholder equity.
- EVA has cash burn of 330739000. It does not have enough cash and short-term investments to cover this.
- EVA has a relatively high debt to equity ratio of 8.49.
- EVA has $315.20M in cash and short term investments. This is not enough to cover its annual cash burn of $330.74M.
- There are more long-term liabilities than short-term assets on the EVA balance sheet.
- EVA profit margin has gone down from -13.1% to -29.7% in the past year.
Is Enviva stock a Buy, Hold, or Sell, according to analysts?
Out of 2 Equities analysts who give recommendations on EVA, the consensus analyst rating on EVA is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Enviva stock forecast page.
EVA Technical Indicators
How is EVA performing as a company?
Last year, EVA revenue was $1.13B. In the last five year, EVA's revenue has gone up by 14.85% per year. This was slower than the Lumber & Wood Production industry average of 22.87%.
Learn more about EVA's earnings and revenue performance here.
Latest Insiders Trades at EVA
In the past year, insiders at EVA have sold more shares than they have bought.
Mark A. Coscio, EVP and COO of EVA, was the latest EVA insider to sell. They sold $749.62 worth of EVA shares on Mar 6, 2024.
Learn more about who owns EVA stock here.
Can I get consistent income from EVA stock?
No, Enviva doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your EVA trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a specific price, use a limit order.
Press the Open Trade button and eToro will place the order.
If you require additional help with buying stocks on eToro, watch the how to video below:
Step 6: Watch your EVA investment
Now that you own some EVA stock, you'll want to stay up-to-date on your company.
Put EVA on a watchlist to see the latest developments about your EVA stock.
EVA Feed
How to Buy Stock in Enviva
To summarize, here are the 6 steps you need to take to buy Enviva stock right now:
- Figure out where to buy Enviva stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Enviva stock
- Make your EVA trade
- Watch your EVA investment
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your investment in Enviva, create a watchlist on WallStreetZen today.
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