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Enphase Energy, Inc is a solar business based in the US. Enphase Energy shares (ENPH) are listed on the NASDAQ and all prices are listed in US Dollars. Enphase Energy employs 577 staff and has a trailing 12-month revenue of around USD$721.2 million.
Since the stock market crash in March caused by coronavirus, Enphase Energy's share price has had significant positive movement.
Its last market close was USD$103.46, which is 42.89% up on its pre-crash value of USD$59.09 and 381.43% up on the lowest point reached during the March crash when the shares fell as low as USD$21.49.
If you had bought USD$1,000 worth of Enphase Energy shares at the start of February 2020, those shares would have been worth USD$835.75 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$3,143.11.
|Latest market close||USD$103.46|
|52-week range||USD$17.18 - USD$118.05|
|50-day moving average||USD$83.818|
|200-day moving average||USD$62.2654|
|Wall St. target price||USD$80.07|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$1.243|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-23)||0.13%|
|1 month (2020-10-01)||15.58%|
|3 months (2020-07-31)||71.40%|
|6 months (2020-05-01)||139.21%|
|1 year (2019-10-31)||432.48%|
|2 years (2018-10-31)||2,178.85%|
|3 years (2017-10-31)||6,662.09%|
|5 years (2015-10-30)||2,773.89%|
Valuing Enphase Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enphase Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Enphase Energy's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 86x. In other words, Enphase Energy shares trade at around 86x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Enphase Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.02. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Enphase Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Enphase Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$147.5 million.
The EBITDA is a measure of a Enphase Energy's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$721.2 million|
|Operating margin TTM||18.76%|
|Gross profit TTM||USD$221.2 million|
|Return on assets TTM||11.43%|
|Return on equity TTM||69.51%|
|Market capitalisation||USD$14.6 billion|
TTM: trailing 12 months
There are currently 12.5 million Enphase Energy shares held short by investors – that's known as Enphase Energy's "short interest". This figure is 6.8% up from 11.7 million last month.
There are a few different ways that this level of interest in shorting Enphase Energy shares can be evaluated.
Enphase Energy's "short interest ratio" (SIR) is the quantity of Enphase Energy shares currently shorted divided by the average quantity of Enphase Energy shares traded daily (recently around 3.7 million). Enphase Energy's SIR currently stands at 3.4. In other words for every 100,000 Enphase Energy shares traded daily on the market, roughly 3400 shares are currently held short.
However Enphase Energy's short interest can also be evaluated against the total number of Enphase Energy shares, or, against the total number of tradable Enphase Energy shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Enphase Energy's short interest could be expressed as 0.1% of the outstanding shares (for every 100,000 Enphase Energy shares in existence, roughly 100 shares are currently held short) or 0.1173% of the tradable shares (for every 100,000 tradable Enphase Energy shares, roughly 117 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Enphase Energy.
Find out more about how you can short Enphase Energy stock.
We're not expecting Enphase Energy to pay a dividend over the next 12 months.
Over the last 12 months, Enphase Energy's shares have ranged in value from as little as $17.18 up to $118.05. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Enphase Energy's is 0.9432. This would suggest that Enphase Energy's shares are less volatile than average (for this exchange).
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level, and combines with its proprietary networking and software technologies to provide energy monitoring and control services. It also offers AC battery storage systems; Envoy communications gateway; and Enlighten cloud-based monitoring service, as well as other accessories. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as directly to the homeowners and the do-it-yourself market through its legacy product upgrade program or online store. In addition, it offers online and in-person training resources for solar and storage installers, and Enphase system owners through its Enphase University. Enphase Energy, Inc. was founded in 2006 and is headquartered in Fremont, California.
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