On Monday, Enphase Energy Inc (NASDAQ: ENPH) was 8.48% up from the session before settling in for the closing price of $66.29. A 52-week range for ENPH has been $58.33 – $141.63.
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Annual sales at Technology sector company grew by 53.38% over the past five years. When this article was written, the company’s average yearly earnings per share was at -49.93%. With a float of $129.68 million, this company’s outstanding shares have now reached $135.72 million.
Let’s look at the performance matrix of the company that is accounted for 3157 employees. 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 Updates
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 4.01%, while institutional ownership is 87.36%. The most recent insider transaction that took place on Nov 19 ’24, was worth 156,670. In this transaction President & CEO of this company bought 2,564 shares at a rate of $61.10, taking the stock ownership to the 1,592,260 shares. Before that another transaction happened on Nov 20 ’24, when Company’s President & CEO bought 2,436 for $62.42, making the entire transaction worth $152,058. This insider now owns 1,594,696 shares in total.
Enphase Energy Inc (ENPH) Performance Highlights and Predictions
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 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -49.93% 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 8.10. Likewise, its price to free cash flow for the trailing twelve months is 30.13.
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)
Enphase Energy Inc (NASDAQ: ENPH) saw its 5-day average volume 5.32 million, a positive change from its year-to-date volume of 4.09 million. As of the previous 9 days, the stock’s Stochastic %D was 84.44%. Additionally, its Average True Range was 4.85.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 18.93%, which indicates a significant decrease from 69.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.79% in the past 14 days, which was higher than the 69.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $90.14, while its 200-day Moving Average is $109.23. Nevertheless, the first resistance level for the watch stands at $73.78 in the near term. At $75.64, the stock is likely to face the second major resistance level. The third major resistance level sits at $78.73. If the price goes on to break the first support level at $68.83, it is likely to go to the next support level at $65.74. Assuming the price breaks the second support level, the third support level stands at $63.88.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
There are 135,107K outstanding shares of the company, which has a market capitalization of 10.13 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.
