Enphase Energy Inc [ENPH] stock prices are up 3.66% to $66.25 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ENPH shares have gain 6.44% over the last week, with a monthly amount drifted -7.16%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Enphase Energy Inc [NASDAQ: ENPH] stock has seen the most recent analyst activity on January 31, 2025, when Guggenheim upgraded its rating to a Neutral. Previously, TD Cowen reaffirmed its Buy rating on January 27, 2025, and dropped its price target to $100. On January 16, 2025, downgrade downgraded it’s rating to Hold and revised its price target to $65 on the stock. HSBC Securities downgraded its rating to a Hold but stick to its price target of $81 on November 08, 2024. Exane BNP Paribas downgraded its rating to a Neutral but $88 remained the price target by the analyst firm on November 08, 2024. Jefferies downgraded its rating to Underperform for this stock on November 07, 2024, and downed its price target to $61. In a note dated October 23, 2024, TD Cowen reiterated an Buy rating on this stock and revised its target price from $130 to $120.
The stock price of Enphase Energy Inc [ENPH] has been fluctuating 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 $66.25 at the most recent close of the market. An investor can expect a potential return of 60.41% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.4.
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 64.87 points at the first support level, and at 63.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.56, and for the 2nd resistance point, it is at 68.87.
Ratios To Look Out For
It’s worth pointing out that Enphase Energy Inc [NASDAQ:ENPH]’s Current Ratio is 4.16. In addition, the Quick Ratio stands at 3.88 and the Cash Ratio stands at 0.45. Considering the valuation of this stock, the price to sales ratio is 7.16, the price to book ratio is 9.61 and price to earnings (TTM) ratio is 151.08.
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.
