Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Enlight Renewable Energy (ENLT)
NASDAQ:ENLT
RESEARCH TOOLSreports
Enlight Renewable Energy (ENLT) Stock Price & Analysis
33 Followers
ENLT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.11 - $20.00
Previous Close$16.24
Volume70.17K
Average Volume (3M)20.88K
Market Cap
$1.98B
Enterprise Value$4.18B
Total Cash (Recent Filing)₪409.11M
Total Debt (Recent Filing)₪2.37B
Price to Earnings (P/E)30.0
Beta1.08
Next Earnings
Aug 07, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.54
Shares Outstanding117,962,614
10 Day Avg. Volume11,746
30 Day Avg. Volume20,884
Standard Deviation1.12
R-Squared0.03
Alpha0.33
Financial Highlights & Ratios
Price to Book (P/B)2.18
Price to Sales (P/S)7.50
Price to Cash Flow (P/CF)20.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$18.67Price Target Upside13.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Enlight Renewable Energy News
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceQ1 revenue and adj. EBITDA beat estimates due to strong wind performance which offsets weaker merchant power prices in Spain.
Project DevelopmentProject construction is progressing well, with most interconnection agreements in place, signaling resilience despite industry-wide supply challenges.
Strategic PartnershipsThe company has secured a solar cell and module supply with Indian supplier Waaree, enhancing its ability to manage potential AD/CVD import tariffs in the US on Southeast Asia imports.
Bears Say
EarningsEnlight missed Q4 revenue estimates on lower than expected revenues from Spanish wind projects.
Financial GuidanceManagement guided FY24 revenues and adj. EBITDA below estimates and consensus estimates.
OperationsSlower project ramp & conservatism in 2024 guide likely on a slower ramp of new projects, project pushouts to later quarter CODs and lower merchant prices.
---
Ownership Overview
0.00%
Insiders
2.81% Mutual Funds
12.21% Other Institutional Investors
84.98% Public Companies and
Individual Investors
ENLT FAQ
What was Enlight Renewable Energy’s price range in the past 12 months?
Enlight Renewable Energy lowest stock price was $12.11 and its highest was $20.00 in the past 12 months.
What is Enlight Renewable Energy’s market cap?
Currently, no data Available
When is Enlight Renewable Energy’s upcoming earnings report date?
Enlight Renewable Energy’s upcoming earnings report date is Aug 07, 2024 which is in 16 days.
How were Enlight Renewable Energy’s earnings last quarter?
Enlight Renewable Energy released its earnings results on May 08, 2024. The company reported $0.143 earnings per share for the quarter, beating the consensus estimate of N/A by $0.143.
Is Enlight Renewable Energy overvalued?
According to Wall Street analysts Enlight Renewable Energy’s price is currently Undervalued.
Does Enlight Renewable Energy pay dividends?
Enlight Renewable Energy does not currently pay dividends.
What is Enlight Renewable Energy’s EPS estimate?
Enlight Renewable Energy’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Enlight Renewable Energy have?
Enlight Renewable Energy has 118,465,220 shares outstanding.
What happened to Enlight Renewable Energy’s price movement after its last earnings report?
Enlight Renewable Energy reported an EPS of $0.143 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 4.385%.
Which hedge fund is a major shareholder of Enlight Renewable Energy?
Currently, no hedge funds are holding shares in ENLT
---
Enlight Renewable Energy Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$18.67 (13.29% Upside)
$18.67 (13.29% Upside)
Blogger Sentiment
Bullish
ENLT Sentiment 100%
Sector Average 70%
Sector Average 70%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.96%
12-Months-Change
Fundamentals
Return on Equity
5.60%
Trailing 12-Months
Asset Growth
15.58%
Trailing 12-Months
Company Description
Enlight Renewable Energy
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services.
---
ENLT Company Deck
---
ENLT Earnings Call
Q1 2024
0:00 / 0:00
---
ENLT Stock 12 Month Forecast
Average Price Target
$18.67
▲(13.29% Upside)
Technical Analysis
Nextera Energy Partners
―
Atlantica Sustainable Infrastructure
―
Brookfield Renewable Partners
―
Clearway Energy
―
Best Analysts Covering ENLT
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-2.80%
reiterated a buy rating 2 months ago
Copying Christine Cho CFA's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -2.80% per trade.
---