Enphase Energy Inc (ENPH) concluded trading on Wednesday at a closing price of $60.87, with 3.49 million shares of worth about $212.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -46.47% during that period and on January 29, 2025 the price saw a loss of about -2.20%. 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 -0.20% in past 5 days and over the past one month there was a price change of -16.63%. Year-to-date (YTD), ENPH shares are showing a performance of -11.37% which decreased to -42.23% 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 4.39 million. The stock is currently trading -8.30% below its 20-day simple moving average (SMA20), while that difference is down -11.31% for SMA50 and it goes to -38.18% lower than SMA200.
Enphase Energy Inc (NASDAQ: ENPH) currently have 135.08M outstanding shares and institutions hold larger chunk of about 87.13% of that.
The stock has a current market capitalization of $8.22B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 138.81, while it has posted earnings per share of $0.44 in the same period. Its PEG reads 289.20 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 5.42% while standing at 4.56% over the month.
Stock’s fiscal year EPS is expected to drop by -50.39% while it is estimated to increase by 60.35% 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 TD Cowen on January 27, 2025 offering a Buy rating for the stock and assigned a target price range of between $120 and $100 to it. Coverage by Truist stated Enphase Energy Inc (ENPH) stock as a Hold in their note to investors on January 16, 2025, suggesting a price target of $65 for the stock. On November 08, 2024, HSBC Securities Downgrade their recommendations, while on November 08, 2024, Exane BNP Paribas Downgrade their ratings for the stock with a price target of $88. Stock get an Underperform rating from Jefferies on November 07, 2024.
