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Enphase Energy (ENPH)
NASDAQ:ENPH
Enphase Energy (ENPH) Stock Price & Analysis
8,078 Followers
ENPH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$73.49 - $182.26
Previous Close$105.46
Volume3.24M
Average Volume (3M)4.18M
Market Cap
$14.35B
Enterprise Value$13.95B
Total Cash (Recent Filing)$1.70B
Total Debt (Recent Filing)$1.29B
Price to Earnings (P/E)54.6
Beta1.88
Next Earnings
Jul 23, 2024EPS Estimate
$0.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.93
Shares Outstanding136,062,737
10 Day Avg. Volume4,009,522
30 Day Avg. Volume4,178,840
Standard Deviation0.22
R-Squared0.17
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)20.72
Price to Sales (P/S)6.34
Price to Cash Flow (P/CF)102.40
P/FCF Ratio205.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.09
Enterprise Value/Gross Profit13.18
Enterprise Value/Ebitda23.63
Forecast
1Y Price Target
$128.87Price Target Upside22.20% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Enphase Energy News
Bulls Say, Bears Say
Bulls Say
Demand And Market ShareThe company is holding market share as it increasingly penetrates the Tier 1/2 and TPO markets.
ProductionEnphase Energy announced the first shipments of IQ8P-3P commercial microinverters from its Arlington, TX factory.
TechnologyEnphase is incorporating AI/machine learning capabilities into its energy management software to ensure rapid distribution of electricity to the grid during peak times.
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.
Financial PerformanceENPH missed Q1 revenues and guided down Q2 revenues vs estimates, likely driven by softer US demand.
Market ShareRecent data shows that string inverter players have taken significant market share from MLPE inverter companies like Enphase, both year-over-year and quarter-over-quarter.
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Ownership Overview
34.96% Insiders
24.78% Mutual Funds
33.73% Other Institutional Investors
6.53% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $182.26 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 Jul 23, 2024 which is tomorrow.
How were Enphase Energy’s earnings last quarter?
Enphase Energy released its earnings results on Apr 23, 2024. The company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.41 by -$0.06.
Is Enphase Energy overvalued?
According to Wall Street analysts Enphase Energy’s price is currently Undervalued.
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 $0.49.
How many shares outstanding does Enphase Energy have?
Enphase Energy has 136,062,740 shares outstanding.
What happened to Enphase Energy’s price movement after its last earnings report?
Enphase Energy reported an EPS of $0.35 in its last earnings report, missing expectations of $0.41. Following the earnings report the stock price went down -5.56%.
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 120M.
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Enphase Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$128.87 (22.20% Upside)
$128.87 (22.20% Upside)
Blogger Sentiment
Bullish
ENPH Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 609.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $45.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.14%
12-Months-Change
Fundamentals
Return on Equity
29.16%
Trailing 12-Months
Asset Growth
-4.37%
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
Q1 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
$128.87
▲(22.20% Upside)
Technical Analysis
Best Analysts Covering ENPH
1 Year
1 Year Success Rate
21/27 ratings generated profit
1 Year Average Return
+149.78%
reiterated a buy rating 3 months ago
Copying Colin Rusch's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +149.78% per trade.
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