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Tigo Energy (TYGO)
NASDAQ:TYGO
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TYGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.86 - $8.20
Previous Close$1.57
Volume276.99K
Average Volume (3M)34.48K
Market Cap
$94.95M
Enterprise Value$112.90M
Total Cash (Recent Filing)$20.16M
Total Debt (Recent Filing)$38.11M
Price to Earnings (P/E)―
Beta0.99
Next Earnings
Nov 05, 2024EPS Estimate
-$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding60,477,864
10 Day Avg. Volume83,296
30 Day Avg. Volume34,484
Standard Deviation0.21
R-Squared0.04
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)2.12
Price to Sales (P/S)1.94
Price to Cash Flow (P/CF)-14.80
P/FCF Ratio19.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.14
Enterprise Value/Gross Profit2.20
Enterprise Value/Ebitda4.36
Forecast
1Y Price Target
$3.00Price Target Upside91.08% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Tigo Energy News
PremiumCompany Announcements
Tigo Energy’s Q3 Earnings Highlight Growth Amid Challenges
PremiumCompany Announcements
Tigo Energy Names Anita Chang New Chief Operating Officer
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company is demonstrating sequential improvements in revenues and overall financials.
Market ExpansionFactors such as technologically competitive products, an asset-light business model, well-established distribution, and an emerging recurring revenue stream from its Energy Intelligence platform should allow the company to continue growing its market share and improve its margins.
Strategic ProjectsThe company has been selected for a 142MWp solar installation project in Spain, one of the largest projects to deploy MLPE.
Bears Say
Price TargetLowering price target to $3.00 from $5.00 driven primarily by the adjustments to forward expectations based on outlook provided by management during the 2Q24 earnings call.
Revenue ExpectationsThe company is expecting 3Q24 revenues to range between $13M and $16M compared to previous expectations of $25.5M.
Stock PerformanceThe company’s stock has continued to trade close to its all-time lows post a challenging macro environment for the solar industry driven by the higher interest rate environment and inventory glut in the industry.
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Ownership Overview
32.29% Insiders
0.43% Mutual Funds
13.26% Other Institutional Investors
54.02% 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
TYGO FAQ
What was Tigo Energy’s price range in the past 12 months?
Tigo Energy lowest stock price was $0.86 and its highest was $8.20 in the past 12 months.
What is Tigo Energy’s market cap?
Currently, no data Available
When is Tigo Energy’s upcoming earnings report date?
Tigo Energy’s upcoming earnings report date is Nov 05, 2024 which is 15 days ago.
How were Tigo Energy’s earnings last quarter?
Tigo Energy released its earnings results on Aug 06, 2024. The company reported -$0.19 earnings per share for the quarter, missing the consensus estimate of -$0.148 by -$0.042.
Is Tigo Energy overvalued?
According to Wall Street analysts Tigo Energy’s price is currently Undervalued.
Does Tigo Energy pay dividends?
Tigo Energy does not currently pay dividends.
What is Tigo Energy’s EPS estimate?
Tigo Energy’s EPS estimate is -$0.16.
How many shares outstanding does Tigo Energy have?
Tigo Energy has 60,477,863 shares outstanding.
What happened to Tigo Energy’s price movement after its last earnings report?
Tigo Energy reported an EPS of -$0.19 in its last earnings report, missing expectations of -$0.148. Following the earnings report the stock price went down -11.806%.
Which hedge fund is a major shareholder of Tigo Energy?
Among the largest hedge funds holding Tigo Energy’s share is Generation Investment Management LLP. It holds Tigo Energy’s shares valued at 12M.
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Tigo Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$3.00 (91.08% Upside)
$3.00 (91.08% Upside)
Blogger Sentiment
Bullish
TYGO Sentiment 100%
Sector Average 65%
Sector Average 65%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-79.84%
12-Months-Change
Fundamentals
Return on Equity
-22.73%
Trailing 12-Months
Asset Growth
-47.05%
Trailing 12-Months
Company Description
Tigo Energy
Roth CH Acquisition IV Co is a blank check company.
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TYGO Earnings Call
Q2 2024
0:00 / 0:00
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TYGO Stock 12 Month Forecast
Average Price Target
$3.00
▲(91.08% Upside)
Technical Analysis
Enphase Energy
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SolarEdge Technologies
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First Solar
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Sunnova Energy International
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Best Analysts Covering TYGO
1 Year
1 Year Success Rate
3/6 ratings generated profit
1 Year Average Return
-23.92%
reiterated a buy rating 4 months ago
Copying Gus Richard's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -23.92% per trade.
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