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Enphase Energy (ENPH)
NASDAQ:ENPH
Holding ENPH?
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ENPH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$73.49 - $141.63
Previous Close$118.53
Volume2.58M
Average Volume (3M)3.45M
Market Cap
$16.71B
Enterprise Value$15.70B
Total Cash (Recent Filing)$1.65B
Total Debt (Recent Filing)$1.30B
Price to Earnings (P/E)129.5
Beta1.74
Next Earnings
Oct 23, 2024EPS Estimate
$0.79Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.92
Shares Outstanding135,422,159
10 Day Avg. Volume2,302,270
30 Day Avg. Volume3,446,426
Standard Deviation0.22
R-Squared0.17
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)18.15
Price to Sales (P/S)10.63
Price to Cash Flow (P/CF)29.30
P/FCF Ratio31.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.41
Enterprise Value/Gross Profit14.84
Enterprise Value/Ebitda36.59
Forecast
1Y Price Target
$121.31Price Target Upside-1.69% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
Enphase Energy News
Bulls Say, Bears Say
Bulls Say
Battery Segment GrowthStrong growth for Enphase’s battery segment is likely.
Operational BenefitsEnphase has executed on its plans to bring manufacturing and production of both batteries and microinverters onshore in the US, something expected to provide long-term operational benefits to the business.
Recovery PhaseEnphase has entered its recovery phase.
Bears Say
CompetitionGlobal solar distributors/installers are shifting away from higher-cost module-level-performance-electronics (MLPE) inverters, opting instead for lower-cost string options, posing significant risk to Enphase.
EarningsEnphase reported 2Q24 sales of $303.5mn, missing Consensus’ est. of $309.9mn.
Market ShareEnphase is expected to continue losing market share in the US due to regulatory changes and Sunrun's growth in the installer market.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ENPH FAQ
What was Enphase Energy’s price range in the past 12 months?
Enphase Energy lowest stock price was $73.49 and its highest was $141.63 in the past 12 months.
What is Enphase Energy’s market cap?
Currently, no data Available
When is Enphase Energy’s upcoming earnings report date?
Enphase Energy’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were Enphase Energy’s earnings last quarter?
Enphase Energy released its earnings results on Jul 23, 2024. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.494 by -$0.064.
Is Enphase Energy overvalued?
According to Wall Street analysts Enphase Energy’s price is currently Overvalued.
Does Enphase Energy pay dividends?
Enphase Energy does not currently pay dividends.
What is Enphase Energy’s EPS estimate?
Enphase Energy’s EPS estimate is $0.79.
How many shares outstanding does Enphase Energy have?
Enphase Energy has 135,422,160 shares outstanding.
What happened to Enphase Energy’s price movement after its last earnings report?
Enphase Energy reported an EPS of $0.43 in its last earnings report, missing expectations of $0.494. Following the earnings report the stock price went up 12.804%.
Which hedge fund is a major shareholder of Enphase Energy?
Among the largest hedge funds holding Enphase Energy’s share is Coatue Management, LLC. It holds Enphase Energy’s shares valued at 96M.
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Enphase Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$121.31 (-1.69% Downside)
$121.31 (-1.69% Downside)
Blogger Sentiment
Bullish
ENPH Sentiment 73%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 30.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.47%
12-Months-Change
Fundamentals
Return on Equity
13.96%
Trailing 12-Months
Asset Growth
-8.64%
Trailing 12-Months
Company Description
Enphase Energy
Enphase Energy, Inc. is an energy technology company that provides energy management technology solutions for the solar photovoltaic industry worldwide. It engages in designing, developing, manufacturing and selling software-driven home energy solutions, which connect energy generation, energy storage and web-based control and communications management services.
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ENPH Earnings Call
Q2 2024
0:00 / 0:00
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ENPH Revenue Breakdown
64.13% U.S.
15.35% Netherlands
20.52% Other
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ENPH Stock 12 Month Forecast
Average Price Target
$121.31
▼(-1.69% Downside)
Technical Analysis
Best Analysts Covering ENPH
1 Year
1 Year Success Rate
22/27 ratings generated profit
1 Year Average Return
+139.92%
reiterated a buy rating 2 months ago
Copying Colin Rusch's trades and holding each position for 1 Year would result in 81.48% of your transactions generating a profit, with an average return of +139.92% per trade.
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