The company reported $1.51 earnings per share for the quarter, beating the consensus estimate of $1.274 by $0.236. Keithen Drury | Feb 7, 2023 There’s one stock on this list that looks like a strong buy. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
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- Its Enphase Energy System brings a high technology, networked approach to solar generation plus energy storage, by leveraging its design for power electronics, semiconductors and cloud-based software technologies.
- Enphase Energy reported an EPS of $1.51 in its last earnings report, beating expectations of $1.274.
- Enphase Energy also provides consumption monitoring via Enphase IQ Gateway, a cloud-based energy management platform, and battery storage systems as part of its platform.
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The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. The company was founded in 2006 and its main product is a semiconductor-based microinverter that converts energy at the individual solar module level. Its proprietary networking and solar technologies enable sophisticated energy monitoring and control. Customers can create, use, save, sell and own power using the company’s system. $0.00 (0.0%) 1 Year Return Profit or loss of share price change plus dividend yield.
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The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‹V› for Value, ‹G› for Growth and ‹M› for Momentum), which combines the weighted average of the individual style scores into one score.
Short Interest (02/28/
Solar tech company Enphase Energy manages to rise above the sea of red in the markets on Tuesday thanks to its bright first quarter. Investors need to pay close attention to Enphase Energy stock based on the movements in the options market lately. All investments involve risks, including the loss of principal. Securities trading offered through Robinhood Financial LLC, Member SIPC and a registered broker-dealer.
More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Enphase Energy also provides consumption monitoring via Enphase IQ Gateway, a cloud-based energy management platform, and battery storage systems as part of its platform.
According to 42 analysts, the average rating for ENPH stock is «Buy.» The 12-month stock price forecast is $304.63, which is an increase of 52.45% from the latest price. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
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Its integrated approach to energy solutions increases a home energy potential while, providing advanced monitoring and remote maintenance capabilities. Its commercial systems have been deployed in approximately 145 countries. Enphase Energy, Inc. is a global energy technology company that delivers energy management technology for the solar industry. It designs, develops, manufactures and sells home energy solutions, which connect energy generation, storage and control and communications management on one intelligent platform….
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Enphase Energy transferred with Buy rating at Citi Citi analyst Vikram Bagri raised the firm’s price target on Enphase Energy to $285 from $205 and keeps… News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Past performance should not be viewed as an indicator of future results. 12.88% Return on Invested Capital Return on invested capital is net income after dividends divided by the sum of debt and equity. It shows how effective a company is at turning capital invested by shareholders charterprime review is a scam or legit forex broker and other debtholders into profits. Dividends per share is the amount of dividends paid out to the shareholder of a single share in the last 12 months. The percentage indicates the ratio of the company’s annual dividend compared to its current price per share .
0.0 Outstanding Shares The number of shares the company has issued and are held by stockholders. $128.67 Beta Beta indicates the volatility of a stock compared https://day-trading.info/ to the market. Higher beta means more volatile and thus potentially higher risk and return. +37.3% 52-Week High Highest share price in the last 52 weeks.
With the Federal Reserve perhaps poised to raise benchmark interest rates again, a temptation exists to avoid long-term growth stocks altogether. Robinhood gives you the tools you need to put your money in motion. You can buy or sell Enphase Energy and other ETFs, options, and stocks.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 48.13% Return on Assets Indicates a company’s profitability in relation to its total assets. 17.05% Quarterly Earnings Growth The rate at which the company’s net income has increased to the same quarter one year ago. $451 Million Net Income Net Income is the profit after all expenses have been deducted from the total revenue. With purchases of 1.2 million barrels per day in December 2022, India is importing 33 times more Russian oil than pre-invasion levels.
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The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in. 84% of retail investor accounts lose money when trading CFDs with this provider. Revenue Revenue is the sum of all cash flow into the company. 38.78 Earnings per Share Earnings divided by outstanding shares.
The Barchart Technical Opinion rating is a 88% Sell with a Strongest short term outlook on maintaining the current direction. Falling interest rates and a healthier banking industry are helping energy stocks. Realtime quote and/or trades are not sourced from all markets. Stock indexes edged lower in volatile trading on Tuesday as investors assessed the impact of a potential ban on Russian oil imports by the West over its invasion of Ukraine. Enphase Energy released its earnings results on Feb 07, 2023.
The company’s microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023.
Enphase Energy Analyst Data
SEIA expects total U.S. solar installations in 2023 to reach 28.4 GWdc, reflecting a stark improvement of 41% from the 2022 tally. Enphase Energy closed the most recent trading day at $211.53, moving +0.62% from the previous trading session. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
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Enphase Energy Stock Snapshot
Enphase Energy creates, develops, manufactures and sells home energy solutions platforms that assist individuals in managing energy generation, storage and control. A low ratio could indicate that the stock is undervalued or investors aren’t expecting high growth. A high ratio could indicate that the stock is overvalued or investors are expecting high growth.