At the time of writing, Solaredge Technologies Inc [SEDG] stock is trading at $13.89, up 3.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SEDG shares have gain 3.73% over the last week, with a monthly amount drifted -6.15%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Solaredge Technologies Inc [NASDAQ: SEDG] stock has seen the most recent analyst activity on January 08, 2025, when Citigroup downgraded its rating to a Sell and also revised its price target to $9 from $12. Previously, Goldman upgraded its rating to Buy on December 17, 2024, and elevated its price target to $19. On November 20, 2024, upgrade upgraded it’s rating to Neutral. Morgan Stanley downgraded its rating to a Underweight and decreased its price target to $9 on November 15, 2024. TD Cowen reiterated its recommendation of a Hold and reduced its price target to $11 on November 07, 2024. Piper Sandler downgraded its rating to Underweight for this stock on November 07, 2024, and downed its price target to $9. In a note dated November 07, 2024, Mizuho downgraded an Neutral rating on this stock and revised its target price from $35 to $11.
For the past year, the stock price of Solaredge Technologies Inc fluctuated between $10.24 and $87.98. Currently, Wall Street analysts expect the stock to reach $20.77 within the next 12 months. Solaredge Technologies Inc [NASDAQ: SEDG] shares were valued at $13.89 at the most recent close of the market. An investor can expect a potential return of 49.53% based on the average SEDG price forecast.
Analyzing the SEDG fundamentals
According to Solaredge Technologies Inc [NASDAQ:SEDG], the company’s sales were 1.05B for trailing twelve months, which represents an -64.03% plunge. Gross Profit Margin for this corporation currently stands at -0.75% with Operating Profit Margin at -1.57%, Pretax Profit Margin comes in at -1.55%, and Net Profit Margin reading is -1.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.59, Equity is -0.86 and Total Capital is -0.86. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.79.
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 13.33 points at the first support level, and at 12.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.48, and for the 2nd resistance point, it is at 15.07.
Ratios To Look Out For
It is important to note that Solaredge Technologies Inc [NASDAQ:SEDG] has a current ratio of 2.34. As well, the Quick Ratio is 1.46, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 0.83.
Transactions by insiders
Recent insider trading involved GANI MARCEL, Director, that happened on Nov 13 ’24 when 20000.0 shares were purchased. Chairman of the Board, AVERY MORE completed a deal on Nov 11 ’24 to buy 0.16 million shares. Meanwhile, Director AVERY MORE bought 7000.0 shares on Feb 29 ’24.
