A new trading day began on Tuesday, with Enphase Energy Inc (NASDAQ: ENPH) stock price down -2.12% from the previous day of trading, before settling in for the closing price of $66.87. ENPH’s price has ranged from $58.33 to $141.63 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 42.36%. Meanwhile, its annual earnings per share averaged -50.43%. With a float of $129.68 million, this company’s outstanding shares have now reached $135.08 million.
Considering the fact that the conglomerate employs 3157 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Solar Industry. The insider ownership of Enphase Energy Inc is 4.01%, while institutional ownership is 88.42%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -50.43% per share during the next fiscal year.
Enphase Energy Inc (NASDAQ: ENPH) Trading Performance Indicators
Here are Enphase Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.07. Likewise, its price to free cash flow for the trailing twelve months is 26.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.44, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 3.66 in one year’s time.
Technical Analysis of Enphase Energy Inc (ENPH)
Compared to the last year’s volume of 3.07 million, its volume of 3.28 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 11.14%. Additionally, its Average True Range was 3.72.
During the past 100 days, Enphase Energy Inc’s (ENPH) raw stochastic average was set at 9.92%, which indicates a significant decrease from 10.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.19% in the past 14 days, which was lower than the 66.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.83, while its 200-day Moving Average is $101.23. Nevertheless, the first resistance level for the watch stands at $67.58 in the near term. At $69.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $70.93. If the price goes on to break the first support level at $64.23, it is likely to go to the next support level at $63.01. Now, if the price goes above the second support level, the third support stands at $60.88.
Enphase Energy Inc (NASDAQ: ENPH) Key Stats
With a market capitalization of 8.84 billion, the company has a total of 135,107K Shares Outstanding. Currently, annual sales are 2,291 M while annual income is 438,940 K. The company’s previous quarter sales were 380,870 K while its latest quarter income was 45,760 K.
