Last Updated: 06 Nov 2024
Executive Summary
Zeo Energy Corp. (ZEO) is a small-cap company in the real estate and construction sector. The company has a market capitalization of $195.11 million and trades on the NASDAQ exchange. ZEO has a trailing price-to-earnings (PE) ratio of 0.281, which is significantly below the industry average. The company's financial performance has been mixed in recent quarters, with revenue and earnings declining year-over-year. However, ZEO's profitability margins have improved in recent quarters. The company's stock price has been volatile in recent months, but it has outperformed the broader market over the past year.
Company Overview
Zeo Energy Corp. is a blank check company formed for the purpose of acquiring, merging with, or acquiring the assets of one or more businesses. The company's management team has experience in the energy and real estate sectors. ZEO has not yet completed any acquisitions, and its business operations are currently limited.
Fundamental Analysis
ZEO's financial performance has been mixed in recent quarters. The company's revenue declined by 0.511% year-over-year in the latest quarter, and its earnings per share (EPS) declined by 0.958%. However, ZEO's profitability margins have improved in recent quarters. The company's gross profit margin increased from -0.0045 in the prior-year quarter to 0.0085 in the latest quarter. ZEO's operating margin also improved from -0.205 in the prior-year quarter to -0.149 in the latest quarter.
ZEO's balance sheet is relatively weak. The company has a high level of debt and its book value is negative. However, ZEO's cash flow from operations has been positive in recent quarters.
Technical Analysis
ZEO's stock price has been volatile in recent months. The stock price has traded between a 52-week high of $11.65 and a 52-week low of $1.14. The stock price is currently trading at $1.32.
ZEO's technical indicators are mixed. The stock's relative strength index (RSI) is currently at 35.65, which is below the neutral level of 50. This indicates that the stock is oversold and may be due for a rebound. However, ZEO's moving average convergence divergence (MACD) indicator is currently below the signal line, which indicates that the stock's momentum is negative.
Short Term Outlook
ZEO's short-term outlook is mixed. The company's financial performance has been mixed in recent quarters, and its stock price has been volatile. However, ZEO's technical indicators are mixed, and the stock's RSI is below the neutral level of 50. This indicates that the stock is oversold and may be due for a rebound.
Long Term Outlook
ZEO's long-term outlook is uncertain. The company has not yet completed any acquisitions, and its business operations are currently limited. ZEO's financial performance will depend on the success of its future acquisitions.
Analyst Recommendations
There are no analyst recommendations for ZEO.
