Enphase Energy Inc (ENPH) concluded trading on Thursday at a closing price of $64.29, with 6.01 million shares of worth about $386.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.97% during that period and on January 23, 2025 the price saw a gain of about 5.41%. Currently the company’s common shares owned by public are about 135.08M shares, out of which, 129.61M shares are available for trading.
Stock saw a price change of -2.34% in past 5 days and over the past one month there was a price change of -2.29%. Year-to-date (YTD), ENPH shares are showing a performance of -6.39% which decreased to -40.00% 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 4.72 million. The stock is currently trading -6.04% below its 20-day simple moving average (SMA20), while that difference is down -6.34% for SMA50 and it goes to -35.46% lower than SMA200.
Enphase Energy Inc (NASDAQ: ENPH) currently have 135.08M outstanding shares and institutions hold larger chunk of about 88.44% of that.
The stock has a current market capitalization of $8.69B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 146.61, while it has posted earnings per share of $0.44 in the same period. Its PEG reads 5.86 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 4.63% while standing at 4.68% over the month.
Stock’s fiscal year EPS is expected to drop by -50.39% while it is estimated to increase by 60.88% 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 Truist on January 16, 2025 offering a Hold rating for the stock and assigned a target price range of between $100 and $65 to it. Coverage by HSBC Securities stated Enphase Energy Inc (ENPH) stock as a Hold in their note to investors on November 08, 2024, suggesting a price target of $81 for the stock. On November 08, 2024, Exane BNP Paribas Downgrade their recommendations, while on November 07, 2024, Jefferies Downgrade their ratings for the stock with a price target of $61. Stock get a Buy rating from TD Cowen on October 23, 2024.
