On Tuesday, Enphase Energy Inc (NASDAQ: ENPH) was 2.00% up from the session before settling in for the closing price of $90.42. A 52-week range for ENPH has been $73.49 – $141.63.
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A company in the Technology sector has jumped its sales by 53.38% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -45.03%. With a float of $130.44 million, this company’s outstanding shares have now reached $135.72 million.
In an organization with 3157 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 46.07%, operating margin of 5.88%, and the pretax margin is 10.51%.
Enphase Energy Inc (ENPH) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Enphase Energy Inc stocks. The insider ownership of Enphase Energy Inc is 3.68%, while institutional ownership is 84.98%. The most recent insider transaction that took place on Sep 16 ’24, was worth 549,232. Before that another transaction happened on Aug 15 ’24, when Company’s Officer proposed sale 5,000 for $113.30, making the entire transaction worth $566,500.
Enphase Energy Inc (ENPH) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -45.03% per share during the next fiscal year.
Enphase Energy Inc (NASDAQ: ENPH) Trading Performance Indicators
You can see what Enphase Energy Inc (ENPH) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.79. Likewise, its price to free cash flow for the trailing twelve months is 42.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.92, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 4.41 in one year’s time.
Technical Analysis of Enphase Energy Inc (ENPH)
Let’s dig in a bit further. During the last 5-days, its volume was 3.84 million. That was better than the volume of 3.73 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.21%. Additionally, its Average True Range was 4.29.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 6.30%, which indicates a significant decrease from 16.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.63% in the past 14 days, which was lower than the 56.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.30, while its 200-day Moving Average is $113.60. However, in the short run, Enphase Energy Inc’s stock first resistance to watch stands at $93.31. Second resistance stands at $94.38. The third major resistance level sits at $96.14. If the price goes on to break the first support level at $90.47, it is likely to go to the next support level at $88.71. The third support level lies at $87.63 if the price breaches the second support level.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
There are 136,063K outstanding shares of the company, which has a market capitalization of 12.49 billion. As of now, sales total 2,291 M while income totals 438,940 K. Its latest quarter income was 303,460 K while its last quarter net income were 10,830 K.
