Enphase Energy Inc (ENPH) concluded trading on Thursday at a closing price of $65.80, with 4.11 million shares of worth about $270.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -38.31% during that period and on December 19, 2024 the price saw a loss of about -4.36%. 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 -9.86% in past 5 days and over the past one month there was a price change of 7.24%. Year-to-date (YTD), ENPH shares are showing a performance of -50.20% which decreased to -51.37% 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 4.51 million. The stock is currently trading -8.03% below its 20-day simple moving average (SMA20), while that difference is down -14.07% for SMA50 and it goes to -37.14% lower than SMA200.
Enphase Energy Inc (NASDAQ: ENPH) currently have 135.08M outstanding shares and institutions hold larger chunk of about 87.52% of that.
The stock has a current market capitalization of $8.89B and its 3Y-monthly beta is at 1.68. PE ratio of stock for trailing 12 months is 150.06, while it has posted earnings per share of $0.44 in the same period. Its PEG reads 6.00 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 6.06% while standing at 4.95% over the month.
Stock’s fiscal year EPS is expected to drop by -50.40% while it is estimated to increase by 70.83% 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.
