On Monday, Enphase Energy Inc (NASDAQ: ENPH) was -4.84% drop from the session before settling in for the closing price of $66.90. A 52-week range for ENPH has been $65.66 – $141.63.
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Technology Sector giant saw their annual sales surged by 53.38% over the last five years. When this article was written, the company’s average yearly earnings per share was at -50.29%. With a float of $130.14 million, this company’s outstanding shares have now reached $135.72 million.
The firm has a total of 3157 workers. Let’s measure their productivity. In terms of profitability, gross margin is 45.64%, operating margin of 1.23%, and the pretax margin is 5.01%.
Enphase Energy Inc (ENPH) Insider Activity
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 85.21%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.54 earnings per share (EPS) during the time that was less than consensus figure (set at 0.55) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.29% 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 3.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.43. Likewise, its price to free cash flow for the trailing twelve months is 23.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.76 in the next quarter and is forecasted to reach 3.78 in one year’s time.
Technical Analysis of Enphase Energy Inc (ENPH)
Analysing the last 5-days average volume posted by the [Enphase Energy Inc, ENPH], we can find that recorded value of 10.07 million was better than the volume posted last year of 3.97 million. As of the previous 9 days, the stock’s Stochastic %D was 3.48%. Additionally, its Average True Range was 5.43.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 1.71%, which indicates a significant decrease from 4.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 106.75% in the past 14 days, which was higher than the 66.95% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $99.33, while its 200-day Moving Average is $111.48. Now, the first resistance to watch is $65.84. This is followed by the second major resistance level at $68.02. The third major resistance level sits at $69.68. If the price goes on to break the first support level at $61.99, it is likely to go to the next support level at $60.33. Should the price break the second support level, the third support level stands at $58.15.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
There are 135,107K outstanding shares of the company, which has a market capitalization of 8.04 billion. As of now, sales total 2,291 M while income totals 438,940 K. Its latest quarter income was 380,870 K while its last quarter net income were 45,760 K.
