Enphase Energy Inc. (ENPH): Total Income is $227.30M in last trading session


Enphase Energy Inc. (NASDAQ:ENPH) changes shares on Tuesday trading session, with a change of 12.64% or $7.74 shares. The trading starts at $64.83 and closed at $61.21 throughout the day. The trading session low price was $64.40 and day high was $70.15 on Tuesday, August 04. After the session, the Technology sector daily volume shifted to 9.01 million while its average volume is 6.44M. In other hand, the ENPH market cap reached to $8.46B. While, its current target price is $56.14.

On June 4, 2018, Enphase Energy names former Tesla executive as CFO. According to the news reported on Reuters, Solar inverter maker Enphase Energy on Monday named former Tesla Inc executive Eric Branderiz as its Chief Financial Officer.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 20.48% and up 37.46% for month. Its quarterly performance was 55.40% above, while its half year performance is up 86.86%. ENPH yearly performance stood at positive 151.18% and rise 163.87% for year-to-date. Current recommendation for Enphase Energy Inc. is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ENPH EPS (TTM) for 12-month is 1.69. EPS for this year is 13.70%, while for the next year its value is 1.49. Its EPS Q/Q reached 2393.20%. It has an EPS of 53.50% up for past five years.

Let’s take a look on the analyst recommendations on ENPH for the current month and previous month. For the current month, 10 of 16 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 15 analysts participate in stock recommendation. Out of 15, 0 rated it sell, 10 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $43.00 – $80.00. Average target price for ENPH was reached at $58.00.

Vanguard Group, Inc. (The), Blackrock Inc. and FMR, LLC are the top three holders in Enphase Energy Inc. (ENPH) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 8.79 million shares which valued 283.85 million. On Mar 30, 2020, Blackrock Inc. owned 8.7 million shares which valued at 280.82 million. On Mar 30, 2020, FMR, LLC has a total of 7.94 million shares which valued at 256.36 million. In the end, FMR, LLC have 6.34% shares outstanding of Enphase Energy Inc. (ENPH) on Mar 30, 2020. The insider ownership moved to 1.80% and institutional holding shifted to 61.40%.

The company posted an EPS (TTM) of 1.69. According to the most recent quarter report on (Sep 2020), 13 analysts estimated an average EPS of 0.21, while 0.3 EPS posted a year ago period. Analyst Estimated EPS for ENPH published in the report was $0.18 – $0.3 during the same period. Comparing with last year, the average estimated EPS was 0.3 which is higher than 0.17 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ENPH rise 75.98% for period of 200 days. SMA for 50 days was 28.31% which is showing green signal, while SMA-20 was 18.13%. The moving average value for Enphase Energy Inc. (ENPH) is 12.33M and 9.28% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ENPH stock. On Aug 03, McNeil Jeff, EVP & Chief Operating Officer, sold 7,606 trading shares at the cost of $59.75, which valued at 0.45 million. On Aug 03, McNeil Jeff, EVP & Chief Operating Officer, sold 7,606 shares at the cost of $59.75, with total shares of 283,496. On Aug 03, McNeil Jeff, EVP & Chief Operating Officer, sold 7,606 shares at the cost of 59.75. After this transaction, McNeil Jeff total shares reached to 283,496 which valued at 0.45 million.