Solaredge Technologies Inc [SEDG] stock prices are up 0.72% to $16.89 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SEDG shares have gain 13.01% over the last week, with a monthly amount drifted -23.30%, 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:
Solaredge Technologies Inc [NASDAQ: SEDG] stock has seen the most recent analyst activity on October 21, 2024, when TD Cowen downgraded its rating to a Hold and also revised its price target to $16 from $35. Previously, Guggenheim downgraded its rating to Sell on October 17, 2024, and kept the price target unchanged to $10. On September 17, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $17 on the stock. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $27 on September 04, 2024. William Blair initiated its recommendation with a Mkt Perform. TD Cowen reiterated a Buy rating for this stock on August 08, 2024, and downed its price target to $35. In a note dated July 23, 2024, ROTH MKM reiterated an Neutral rating on this stock and revised its target price from $55 to $27.
The stock price of Solaredge Technologies Inc [SEDG] has been fluctuating between $14.82 and $103.15 over the past year. Currently, Wall Street analysts expect the stock to reach $172.77 within the next 12 months. Solaredge Technologies Inc [NASDAQ: SEDG] shares were valued at $16.89 at the most recent close of the market. An investor can expect a potential return of 922.91% based on the average SEDG price forecast.
Analyzing the SEDG fundamentals
The Solaredge Technologies Inc [NASDAQ:SEDG] reported sales of 1.51B for trailing twelve months, representing a drop of -73.23%. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at -0.38%, Pretax Profit Margin comes in at -0.37%, and Net Profit Margin reading is -0.34%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.22 and Total Capital is -0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
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 16.41 points at the first support level, and at 15.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.43, and for the 2nd resistance point, it is at 17.97.
Ratios To Look Out For
It’s worth pointing out that Solaredge Technologies Inc [NASDAQ:SEDG]’s Current Ratio is 5.10. On the other hand, the Quick Ratio is 2.45, and the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 0.46.
Transactions by insiders
Recent insider trading involved AVERY MORE, Director, that happened on Feb 29 ’24 when 7000.0 shares were purchased. Director, GANI MARCEL completed a deal on Nov 09 ’23 to buy 5000.0 shares. Meanwhile, Director AVERY MORE bought 15300.0 shares on Nov 09 ’23.
