Enphase Energy Inc [ENPH] stock prices are down -0.72% to $82.47 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ENPH shares have gain 5.10% over the last week, with a monthly amount drifted -25.84%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Enphase Energy Inc [NASDAQ: ENPH] stock has seen the most recent analyst activity on October 23, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $120 from $130. Previously, Janney downgraded its rating to Neutral on October 23, 2024. On October 23, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $73 on the stock. Canaccord Genuity downgraded its rating to a Hold. Guggenheim upgraded its rating to a Neutral. Susquehanna downgraded its rating to Neutral for this stock on October 16, 2024, and downed its price target to $104. In a note dated October 15, 2024, RBC Capital Mkts downgraded an Sector Perform rating on this stock and revised its target price from $125 to $100.
The stock price of Enphase Energy Inc [ENPH] has been fluctuating between $73.49 and $141.63 over the past year. Currently, Wall Street analysts expect the stock to reach $170.18 within the next 12 months. Enphase Energy Inc [NASDAQ: ENPH] shares were valued at $82.47 at the most recent close of the market. An investor can expect a potential return of 106.35% based on the average ENPH price forecast.
Analyzing the ENPH fundamentals
The Enphase Energy Inc [NASDAQ:ENPH] reported sales of 1.25B for trailing twelve months, representing a drop of -30.89%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 80.83 points at the first support level, and at 79.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.20, and for the 2nd resistance point, it is at 85.94.
Ratios To Look Out For
It’s worth pointing out that Enphase Energy Inc [NASDAQ:ENPH]’s Current Ratio is 4.16. Also, the Quick Ratio is 3.88, while the Cash Ratio stands at 0.45. Considering the valuation of this stock, the price to sales ratio is 8.91, the price to book ratio is 11.96 and price to earnings (TTM) ratio is 188.07.
Transactions by insiders
Recent insider trading involved DAVID A RANHOFF, Officer, that happened on Sep 16 ’24 when 5000.0 shares were purchased. Officer, DAVID A RANHOFF completed a deal on Aug 15 ’24 to buy 5000.0 shares. Meanwhile, EVP & Chief Commercial Officer RANHOFF DAVID A sold 5000.0 shares on Jun 17 ’24.
