Enphase Energy Inc [ENPH] stock is trading at $73.84, up 1.15%. An important factor to consider is whether the stock is rising or falling in short-term value. The ENPH shares have gain 3.19% over the last week, with a monthly amount glided 22.27%, and 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 November 08, 2024, when HSBC Securities downgraded its rating to a Hold but kept the price target unchanged to $81 for it. Previously, Exane BNP Paribas downgraded its rating to Neutral on November 08, 2024, and kept the price target unchanged to $88. On November 07, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $61 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $120 on October 23, 2024. Janney downgraded its rating to a Neutral. Guggenheim downgraded its rating to Sell for this stock on October 23, 2024, but kept the price target unchanged to $73. In a note dated October 23, 2024, Canaccord Genuity downgraded an Hold rating on this stock.
Enphase Energy Inc [ENPH] stock has fluctuated between $58.33 and $141.63 over the past year. Currently, Wall Street analysts expect the stock to reach $106.27 within the next 12 months. Enphase Energy Inc [NASDAQ: ENPH] shares were valued at $73.84 at the most recent close of the market. An investor can expect a potential return of 43.92% based on the average ENPH price forecast.
Analyzing the ENPH fundamentals
Enphase Energy Inc [NASDAQ:ENPH] reported sales of 1.25B for the trailing twelve months, which represents 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 72.65 points at the first support level, and at 71.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.73, and for the 2nd resistance point, it is at 75.63.
Ratios To Look Out For
For context, Enphase Energy Inc’s Current Ratio is 4.16. On the other hand, the Quick Ratio is 3.88, and the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 8.07, the price to book ratio is 10.71 and price to earnings (TTM) ratio is 168.39.
Transactions by insiders
Recent insider trading involved Kothandaraman Badrinarayanan, President & CEO, that happened on Nov 19 ’24 when 2564.0 shares were purchased. President & CEO, Kothandaraman Badrinarayanan completed a deal on Nov 20 ’24 to buy 2436.0 shares. Meanwhile, President & CEO Kothandaraman Badrinarayanan bought 5000.0 shares on Nov 14 ’24.
