Enphase Energy Inc (ENPH) concluded trading on Thursday at a closing price of $70.34, with 3.47 million shares of worth about $244.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -46.83% during that period and on December 05, 2024 the price saw a loss of about -3.80%. Currently the company’s common shares owned by public are about 135.08M shares, out of which, 129.68M shares are available for trading.
Stock saw a price change of -2.79% in past 5 days and over the past one month there was a price change of -21.79%. Year-to-date (YTD), ENPH shares are showing a performance of -46.77% which decreased to -36.05% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $58.33 but also hit the highest price of $141.63 during that period. The average intraday trading volume for Enphase Energy Inc shares is 4.46 million. The stock is currently trading 4.93% above its 20-day simple moving average (SMA20), while that difference is down -16.17% for SMA50 and it goes to -34.40% lower than SMA200.
Enphase Energy Inc (NASDAQ: ENPH) currently have 135.08M outstanding shares and institutions hold larger chunk of about 87.48% of that.
The stock has a current market capitalization of $9.50B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 160.41, while it has posted earnings per share of $0.44 in the same period. Its PEG reads 6.42 and has Quick Ratio of 3.88 while making debt-to-equity ratio of 1.43. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ENPH, volatility over the week remained 4.36% while standing at 5.92% over the month.
Stock’s fiscal year EPS is expected to drop by -50.08% while it is estimated to increase by 72.40% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by HSBC Securities on November 08, 2024 offering a Hold rating for the stock and assigned a target price of $81 to it. Coverage by Exane BNP Paribas stated Enphase Energy Inc (ENPH) stock as a Neutral in their note to investors on November 08, 2024, suggesting a price target of $88 for the stock. On November 07, 2024, Jefferies Downgrade their recommendations, while on October 23, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $120. Stock get a Neutral rating from Janney on October 23, 2024.
