As on May 24, 2023, Enphase Energy Inc. (NASDAQ: ENPH) got off with the flyer as it spiked 0.75% to $164.05. During the day, the stock rose to $164.33 and sunk to $158.81 before settling in for the price of $162.83 at the close. Taking a more long-term approach, ENPH posted a 52-week range of $152.15-$339.92.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 52.10%. Meanwhile, its Annual Earning per share during the time was 86.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 170.30%. This publicly-traded company’s shares outstanding now amounts to $136.69 million, simultaneously with a float of $133.17 million. The organization now has a market capitalization sitting at $22.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $187.36, while the 200-day Moving Average is $248.67.
While finding the extent of efficiency of the company that is accounted for 2821 employees. It has generated 826,251 per worker during the last fiscal year. Meanwhile, its income per employee was 140,859. The stock had 5.62 Receivables turnover and 0.90 Total Asset turnover. For the Profitability, stocks gross margin was +41.14, operating margin was +19.42 and Pretax Margin of +19.39.
Enphase Energy Inc. (ENPH) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Solar industry. Enphase Energy Inc.’s current insider ownership accounts for 1.20%, in contrast to 81.20% institutional ownership. According to the most recent insider trade that took place on May 02, this organization’s VP, Chief Financial Officer bought 3,500 shares at the rate of 156.86, making the entire transaction reach 549,022 in total value, affecting insider ownership by 99,043. Preceding that transaction, on Apr 26, Company’s Director bought 32,900 for 166.88, making the whole transaction’s value amount to 5,490,467. This particular insider is now the holder of 32,900 in total.
Enphase Energy Inc. (ENPH) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $1.37 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.21) by $0.16. This company achieved a net margin of +17.05 while generating a return on equity of 63.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.38 per share during the current fiscal year.
Enphase Energy Inc.’s EPS increase for this current 12-month fiscal period is 170.30% and is forecasted to reach 7.29 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 18.86% through the next 5 years, which can be compared against the 86.70% growth it accomplished over the previous five years trading on the market.
Enphase Energy Inc. (NASDAQ: ENPH) Trading Performance Indicators
Let’s observe the current performance indicators for Enphase Energy Inc. (ENPH). It’s Quick Ratio in the last reported quarter now stands at 3.20. The Stock has managed to achieve an average true range (ATR) of 7.77. Alongside those numbers, its PE Ratio stands at $48.45, and its Beta score is 1.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.67. Similarly, its price to free cash flow for trailing twelve months is now 27.24.
In the same vein, ENPH’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.39, a figure that is expected to reach 1.27 in the next quarter, and analysts are predicting that it will be 7.29 at the market close of one year from today.
Technical Analysis of Enphase Energy Inc. (ENPH)
Through scrutinizing the latest numbers posted by the [Enphase Energy Inc., ENPH], it can be observed that its last 5-days Average volume of 2.67 million was lower the volume of 4.28 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 37.63% While, its Average True Range was 6.81.
Raw Stochastic average of Enphase Energy Inc. (ENPH) in the period of the previous 100 days is set at 9.95%, which indicates a major fall in contrast to 51.91% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 36.38% that was lower than 68.35% volatility it exhibited in the past 100-days period.
