Is Enovix Corp Stock a Good Investment?
Enovix Corp Investment Advice | ENVX |
- Examine Enovix Corp'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 Enovix Corp's leadership team and their track record. Good management can help Enovix Corp 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 Enovix Corp's business and its evolving consumer preferences.
- Compare Enovix Corp's performance and market position to its competitors. Analyze how Enovix Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Enovix Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Enovix Corp'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 Enovix Corp 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 Enovix Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Enovix Corp Stock
Researching Enovix Corp'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 14.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.27. Enovix Corp had not issued any dividends in recent years.
To determine if Enovix Corp 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 Enovix Corp's research are outlined below:
| Enovix Corp generated a negative expected return over the last 90 days | |
| Enovix Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 23.07 M. Net Loss for the year was (222.24 M) with loss before overhead, payroll, taxes, and interest of (2.04 M). | |
| Enovix Corp currently holds about 384.73 M in cash with (108.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.45. | |
| Enovix Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Disposition of 17584 shares by Raj Talluri of Enovix Corp at 11.45 subject to Rule 16b-3 |
Enovix Corp 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 Enovix Corp. 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 Enovix Corp'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.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 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 Enovix Corp'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 Enovix Corp's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-11-08 | 2021-09-30 | -0.09 | -0.08 | 0.01 | 11 | ||
2024-10-29 | 2024-09-30 | -0.2 | -0.17 | 0.03 | 15 | ||
2023-07-26 | 2023-06-30 | -0.22 | -0.19 | 0.03 | 13 | ||
2023-02-22 | 2022-12-31 | -0.16 | -0.19 | -0.03 | 18 | ||
2022-05-11 | 2022-03-31 | -0.16 | -0.13 | 0.03 | 18 | ||
2022-03-03 | 2021-12-31 | -0.15 | -0.18 | -0.03 | 20 | ||
2023-11-07 | 2023-09-30 | -0.23 | -0.19 | 0.04 | 17 | ||
2022-08-10 | 2022-06-30 | -0.18 | -0.13 | 0.05 | 27 |
Know Enovix Corp's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Enovix Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enovix Corp backward and forwards among themselves. Enovix Corp's institutional investor refers to the entity that pools money to purchase Enovix Corp'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 | Raymond James & Associates | 2024-09-30 | 296.6 K |
Enovix Corp's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.56 B.Market Cap |
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Enovix Corp's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.27) | (0.29) | |
| Return On Capital Employed | (0.30) | (0.31) | |
| Return On Assets | (0.25) | (0.26) | |
| Return On Equity | (0.54) | (0.56) |
Determining Enovix Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Enovix Corp is a good buy. For example, gross profit margin measures Enovix Corp'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 Enovix Corp's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Enovix Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Enovix Corp. Check Enovix Corp's Beneish M Score to see the likelihood of Enovix Corp's management manipulating its earnings.
Evaluate Enovix Corp's management efficiency
Enovix Corp has return on total asset (ROA) of (0.23) % which means that it has lost $0.23 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.8718) %, meaning that it created substantial loss on money invested by shareholders. Enovix Corp's management efficiency ratios could be used to measure how well Enovix Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.29 in 2025. Return On Capital Employed is likely to drop to -0.31 in 2025. Net Tangible Assets is likely to rise to about 430.4 M in 2025, whereas Other Assets are likely to drop slightly above 1.1 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.49 | 1.14 | |
| Tangible Book Value Per Share | 1.18 | 1.08 | |
| Enterprise Value Over EBITDA | (10.50) | (11.02) | |
| Price Book Value Ratio | 8.79 | 8.35 | |
| Enterprise Value Multiple | (10.50) | (11.02) | |
| Price Fair Value | 8.79 | 8.35 | |
| Enterprise Value | 2.2 B | 2.2 B |
The leadership approach at Enovix Corp's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta 1.926 |
Basic technical analysis of Enovix Stock
As of the 21st of March, Enovix Corp shows the Variance of 35.88, mean deviation of 4.38, and Standard Deviation of 5.99. Enovix Corp 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.Enovix Corp'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 Enovix Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Enovix Corp'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 Enovix Corp 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.
Enovix Corp's Outstanding Corporate Bonds
Enovix Corp 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. Enovix Corp 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 Enovix bonds can be classified according to their maturity, which is the date when Enovix Corp 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.
| ENQLN 11625 01 NOV 27 Corp BondUS29357JAC09 | View | |
| US29355AAK34 Corp BondUS29355AAK34 | View | |
| Enpro Industries 575 Corp BondUS29355XAG25 | View | |
| ESGR 31 01 SEP 31 Corp BondUS29359UAC36 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View |
Understand Enovix Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Enovix Corp'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 | 0.0021 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 4.38 | |||
| Coefficient Of Variation | (13,815) | |||
| Standard Deviation | 5.99 | |||
| Variance | 35.88 | |||
| Information Ratio | 0.0036 | |||
| Jensen Alpha | 0.0634 | |||
| Total Risk Alpha | 0.4523 | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 35.83 | |||
| Value At Risk | (8.83) | |||
| Potential Upside | 11.41 | |||
| Skewness | 0.718 | |||
| Kurtosis | 2.16 |
| Risk Adjusted Performance | 0.0021 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 4.38 | |||
| Coefficient Of Variation | (13,815) | |||
| Standard Deviation | 5.99 | |||
| Variance | 35.88 | |||
| Information Ratio | 0.0036 | |||
| Jensen Alpha | 0.0634 | |||
| Total Risk Alpha | 0.4523 | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 35.83 | |||
| Value At Risk | (8.83) | |||
| Potential Upside | 11.41 | |||
| Skewness | 0.718 | |||
| Kurtosis | 2.16 |
Consider Enovix Corp's intraday indicators
Enovix Corp 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 Enovix Corp 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 7.96 | |||
| Day Typical Price | 7.96 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (0.17) |
Enovix Corp Corporate Filings
F4 | 19th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 25th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 19th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 17th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Enovix Stock media impact
Far too much social signal, news, headlines, and media speculation about Enovix Corp that are available to investors today. That information is available publicly through Enovix media outlets and privately through word of mouth or via Enovix internal channels. However, regardless of the origin, that massive amount of Enovix data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Enovix Corp 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 Enovix Corp 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 Enovix Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Enovix Corp alpha.
Enovix Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Enovix Corp 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.
Enovix Corp Maximum Pain Price Across June 20th 2025 Option Contracts
Enovix Corp's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Enovix Corp close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Enovix Corp's options.
Enovix Corp Corporate Management
| James Wilcox | VP Mobility | Profile | |
| Hongwei Yan | Chief Officer | Profile | |
| Kristin Atkins | Vice Marketing | Profile | |
| Iryna Romaniv | Vice Resources | Profile | |
| Charles Anderson | Functional Relations | Profile | |
| Rob Rosen | Senior Materials | Profile | |
| Harrold Rust | CEO, CoFounder | Profile |
Additional Tools for Enovix Stock Analysis
When running Enovix Corp's price analysis, check to measure Enovix Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.