Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Enphase Energy Inc (NASDAQ: ENPH) closed the day trading at $52.87 down -7.78% from the previous closing price of $57.33. In other words, the price has decreased by -$7.78 from its previous closing price. On the day, 7.0 million shares were traded.
Ratios:
For a better understanding of ENPH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.59. For the most recent quarter (mrq), Quick Ratio is recorded 3.28 and its Current Ratio is at 3.53. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.47.
On February 05, 2025, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $76 to $82.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 19 ’24 when Kothandaraman Badrinarayanan bought 2,564 shares for $61.10 per share. The transaction valued at 156,670 led to the insider holds 1,592,260 shares of the business.
Kothandaraman Badrinarayanan bought 2,436 shares of ENPH for $152,058 on Nov 20 ’24. The President & CEO now owns 1,594,696 shares after completing the transaction at $62.42 per share. On Nov 14 ’24, another insider, Kothandaraman Badrinarayanan, who serves as the President & CEO of the company, bought 5,000 shares for $60.38 each. As a result, the insider paid 301,902 and bolstered with 1,589,696 shares of the company.
Valuation Measures:
As of this moment, Enphase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 71.62, and their Forward P/E ratio for the next fiscal year is 12.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.26 while its Price-to-Book (P/B) ratio in mrq is 8.41.
Stock Price History:
Over the past 52 weeks, ENPH has reached a high of $141.63, while it has fallen to a 52-week low of $56.83. The 50-Day Moving Average of the stock is -19.66%, while the 200-Day Moving Average is calculated to be -43.29%.
Shares Statistics:
A total of 132.45M shares are outstanding, with a floating share count of 127.05M. Insiders hold about 4.09% of the company’s shares, while institutions hold 90.58% stake in the company.
