Currently, there are 135.08M common shares owned by the public and among those 129.59M shares have been available to trade.
The company’s stock has a 5-day price change of 6.44% and -20.22% over the past three months. ENPH shares are trading -3.54% year to date (YTD), with the 12-month market performance down to -37.17% lower. It has a 12-month low price of $58.33 and touched a high of $141.63 over the same period. ENPH has an average intraday trading volume of 4.41 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.95%, -3.68%, and -32.04% respectively.
Institutional ownership of Enphase Energy Inc (NASDAQ: ENPH) shares accounts for 88.46% of the company’s 135.08M shares outstanding.
It has a market capitalization of $8.95B and a beta (3y monthly) value of 2.11. The stock’s trailing 12-month PE ratio is 151.08, while the earnings-per-share (ttm) stands at $0.44. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.65% over the week and 4.82% over the month.
Analysts forecast that Enphase Energy Inc (ENPH) will achieve an EPS of 0.68 for the current quarter, 0.86 for the next quarter and 4.57 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.42 while analysts give the company a high EPS estimate of 0.42. Comparatively, EPS for the current quarter was 0.35 a year ago. Earnings per share for the fiscal year are expected to increase by 46.17%, and 25.08% over the next financial year.
TD Cowen coverage for the Enphase Energy Inc (ENPH) stock in a research note released on January 27, 2025 offered a Buy rating with a price target of $100. Truist was of a view on January 16, 2025 that the stock is Hold, while HSBC Securities gave the stock Hold rating on November 08, 2024, issuing a price target of $81. Exane BNP Paribas on their part issued Neutral rating on November 08, 2024.
