NETI Stock Overview
Eneti Inc. focuses on marine-based renewable energy through the installation of offshore commercial wind turbine generators.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NETI from our risk checks.
Eneti Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.33 |
| 52 Week High | US$13.54 |
| 52 Week Low | US$7.75 |
| Beta | 1.14 |
| 11 Month Change | 4.42% |
| 3 Month Change | 12.40% |
| 1 Year Change | 12.74% |
| 33 Year Change | -33.08% |
| 5 Year Change | -81.15% |
| Change since IPO | -99.01% |
Recent News & Updates
Recent updates
Eneti: The Merger Looks Good, But The Offshore Wind Market Does Not
Oct 02Strong Strategic Rationale Behind Eneti's Proposed Combination With Cadeler - Buy
Jun 16Returns Are Gaining Momentum At Eneti (NYSE:NETI)
Apr 14
Eneti Inc. (NYSE:NETI) Analysts Just Cut Their EPS Forecasts
Feb 12Eneti Q4 2022 Earnings Preview
Feb 08Eneti announces contract awards for its Seajacks UK unit
Jan 24Eneti: Still Cheap, Although The Low-Hanging Fruit Is Gone
Jan 03Eneti: Set For Solid Growth Over The Next Few Years
Dec 16Eneti (NYSE:NETI) Shareholders Will Want The ROCE Trajectory To Continue
Nov 11Eneti Q3 2022 Earnings Preview
Nov 07Eneti: Scorpio Tankers Stake Sale Supports Further Share Buybacks
Sep 27Eneti repurchases stock from INCJ for $17M
Aug 31Need To Know: Analysts Are Much More Bullish On Eneti Inc. (NYSE:NETI)
Aug 06Eneti declares $0.01 dividend
Aug 03Eneti's related party purchases 153.8K shares in open market
Jul 12We Think Eneti (NYSE:NETI) Has A Fair Chunk Of Debt
Jul 05Eneti announces share purchases by Scorpio
Jul 01Eneti: Buy On Discounted Valuation, Improved Outlook, And Near-Term Catalysts
May 26Need To Know: Analysts Are Much More Bullish On Eneti Inc. (NYSE:NETI) Revenues
May 15Eneti: Discounted Play In Renewable Energy Markets
Mar 30Analysts Just Slashed Their Eneti Inc. (NYSE:NETI) Earnings Forecasts
Feb 24Eneti: New All-Time Lows After Weak Q4 Results And Conference Call
Feb 24Industry Analysts Just Made A Substantial Upgrade To Their Eneti Inc. (NYSE:NETI) Revenue Forecasts
Jan 23What Does The Future Hold For Eneti Inc. (NYSE:NETI)? These Analysts Have Been Cutting Their Estimates
Dec 16Eneti - Bargain ESG Play Hampered By Limited Visibility And Management Concerns
Dec 13Eneti: After The Share Offering
Nov 17Returns At Eneti (NYSE:NETI) Are On The Way Up
Oct 28New Forecasts: Here's What Analysts Think The Future Holds For Eneti Inc. (NYSE:NETI)
Aug 08Eneti: Attractive Risk/Reward Due To Business Transition
Jul 20Shareholder Returns
| NETI | US Construction | US Market | |
|---|---|---|---|
| 7D | 0.09% | 4.0% | -0.8% |
| 1Y | 12.7% | 83.7% | 31.5% |
Return vs Industry: NETI underperformed the US Construction industry which returned 24.6% over the past year.
Return vs Market: NETI underperformed the US Market which returned 24.3% over the past year.
Price Volatility
| NETI volatility | |
|---|---|
| NETI Average Weekly Movement | 5.9% |
| Construction Industry Average Movement | 6.3% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: NETI has not had significant price volatility in the past 3 months.
Volatility Over Time: NETI's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 286 | Emanuele Lauro | www.eneti-inc.com |
Eneti Inc. focuses on marine-based renewable energy through the installation of offshore commercial wind turbine generators. It has a fleet of five wind turbine installation vessels. The company was formerly known as Scorpio Bulkers Inc. and changed its name to Eneti Inc. in February 2021.
Eneti Inc. Fundamentals Summary
| NETI fundamental statistics | |
|---|---|
| Market cap | US$415.00m |
| Earnings (TTM) | -US$36.54m |
| Revenue (TTM) | US$152.46m |
2.7x
P/S Ratio-11.4x
P/E RatioIs NETI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NETI income statement (TTM) | |
|---|---|
| Revenue | US$152.46m |
| Cost of Revenue | US$78.87m |
| Gross Profit | US$73.59m |
| Other Expenses | US$110.13m |
| Earnings | -US$36.54m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.00 |
| Gross Margin | 48.27% |
| Net Profit Margin | -23.97% |
| Debt/Equity Ratio | 8.2% |
How did NETI perform over the long term?
See historical performance and comparison