Enphase Energy Inc (NASDAQ:ENPH) currently has a daily average trading volume of 4.06M but it saw 2447450 shares traded in last market. With a market cap of 7.97B USD, the company’s current market price of $60.15 came falling about -4.17 while comparing to the previous closing price of $62.77. In past 52 weeks, the stock remained buoying in the range of price level as high as $141.63 and as low as $51.63. In the recent trading on the day, stock has struck highest price mark of $59.52 while lowest mark touched by it was $62.85.
Taking a look at 20-day trading activity of Enphase Energy Inc (ENPH) gives us an average price of $60.14, while its current price level is -57.53% below from 52-week high level whereas it is 16.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $62.41 while that of 200 days or SMA-200 reads an average of $87.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.32% during that period while stretching the period over a month that increases to 6.10%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.46 which implies that the stock is in neutral territory.
Canaccord Genuity upgraded its recommendation for the stock as a “Buy” from “Hold” on February 05, 2025 while assigning a price target range of $76-$82.
Over the week, ENPH’s stock price is moving -3.47% down while it is -7.22% when we observe its performance for the past one month. Year-to-date it is -12.42% down and over the past year, the stock is showing a downside performance of -47.52%.
The company is expected to be releasing its next quarterly report on 2025-Feb-03, for which analysts forecasted an EPS of 0.72 while estimate for next year EPS is 3.37. In next quarter, company is expected to be making quarterly sales of $382.3M as analysts are expecting the sales for current fiscal year at $1.55B and seeing the company making $1.83B in sales next year. Moreover, analysts are in estimates of $358.39M for current-quarter revenue.
Currently, Enphase Energy Inc’s total number of outstanding shares is 132.45M with 3.47% of that held by the insiders while 94.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.99% and return on equity (ROE) at 11.30%. It has a price to earnings ratio (P/E ratio) of 81.48 while having a 14.50 of forward P/E ratio. Stock’s beta reads 1.99. Stock has a price to book (P/B) ratio of 9.56 while price to sale or P/S ratio amounts to 5.99. Its return on asset (ROA) is 3.10% on average.
