Enphase Energy Inc (NASDAQ: ENPH) is -46.65% lower on its value in year-to-date trading and has touched a low of $58.33 and a high of $141.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ENPH stock was last observed hovering at around $71.91 in the last trading session, with the day’s loss setting it -1.41%.
Currently trading at $70.50, the stock is 0.26% and -20.94% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.42 million and changing -1.96% at the moment leaves the stock -35.29% off its SMA200. ENPH registered -27.91% loss for a year compared to 6-month loss of -43.91%. The firm has a 50-day simple moving average (SMA 50) of $90.1376 and a 200-day simple moving average (SMA200) of $109.23235.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -16.75% gain in the last 1 month and extending the period to 3 months gives it a -42.98%, and is 14.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.89% over the week and 6.00% over the month.
Enphase Energy Inc (ENPH) has around 3157 employees, a market worth around $9.53B and $1.25B in sales. Current P/E ratio is 160.78 and Fwd P/E is 18.64. Profit margin for the company is 4.91%. Distance from 52-week low is 20.86% and -50.22% from its 52-week high. The company has generated returns on investments over the last 12 months (2.85%).
with sales reaching $380.98M over the same period.The EPS is expected to shrink by -49.93% this year, but quarterly earnings will post -41.86% year-over-year. Quarterly sales are estimated to grow 25.91% in year-over-year returns.
Enphase Energy Inc (ENPH) Top Institutional Holders
1178.0 institutions hold shares in Enphase Energy Inc (ENPH), with institutional investors hold 93.70% of the company’s shares. The shares outstanding are 135.72M, and float is at 129.68M with Short Float at 12.22%. Institutions hold 90.57% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.14 million shares valued at $1.61 billion. The investor’s holdings represent 11.8737% of the ENPH Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.39 million shares valued at $1.53 billion to account for 11.3219 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 6.29 million shares representing 4.6251% and valued at over $626.68 million, while STATE STREET CORP holds 4.3389 of the shares totaling 5.9 million with a market value of $587.91 million.
Enphase Energy Inc (ENPH) Insider Activity
The most recent transaction is an insider purchase by Kothandaraman Badrinarayanan, the company’s President & CEO. SEC filings show that Kothandaraman Badrinarayanan bought 2,564 shares of the company’s common stock on Nov 19 ’24 at a price of $61.10 per share for a total of $0.16 million. Following the purchase, the insider now owns 1.59 million shares.
Enphase Energy Inc disclosed in a document filed with the SEC on Nov 20 ’24 that Kothandaraman Badrinarayanan (President & CEO) bought a total of 2,436 shares of the company’s common stock. The trade occurred on Nov 20 ’24 and was made at $62.42 per share for $0.15 million. Following the transaction, the insider now directly holds 1.59 million shares of the ENPH stock.
Still, SEC filings show that on Nov 14 ’24, Kothandaraman Badrinarayanan (President & CEO) acquired 5,000 shares at an average price of $60.38 for $0.3 million. The insider now directly holds 1,589,696 shares of Enphase Energy Inc (ENPH).
