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In the latest session, Enphase Energy Inc (NASDAQ: ENPH) closed at $106.36 up 0.39% from its previous closing price of $105.95. In other words, the price has increased by $0.39 from its previous closing price. On the day, 1.86 million shares were traded. ENPH stock price reached its highest trading level at $107.13 during the session, while it also had its lowest trading level at $104.12.
Ratios:
For a deeper understanding of Enphase Energy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.55. For the most recent quarter (mrq), Quick Ratio is recorded 3.90 and its Current Ratio is at 4.23. In the meantime, Its Debt-to-Equity ratio is 1.49 whereas as Long-Term Debt/Eq ratio is at 1.38.
On August 07, 2024, Exane BNP Paribas Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $120 to $144.
Canaccord Genuity reiterated its Buy rating for the stock on July 24, 2024, while the target price for the stock was revised from $150 to $140.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 16 ’24 when DAVID A RANHOFF bought 5,000 shares for $109.85 per share.
DAVID A RANHOFF bought 5,000 shares of ENPH for $566,500 on Aug 15 ’24. On Jun 17 ’24, another insider, RANHOFF DAVID A, who serves as the EVP & Chief Commercial Officer of the company, sold 5,000 shares for $123.27 each. As a result, the insider received 616,348 and left with 107,943 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENPH now has a Market Capitalization of 14403483648 and an Enterprise Value of 14078443520. As of this moment, Enphase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 116.24, and their Forward P/E ratio for the next fiscal year is 22.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.14 while its Price-to-Book (P/B) ratio in mrq is 16.28. Its current Enterprise Value per Revenue stands at 9.911 whereas that against EBITDA is 83.101.
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 $73.49. The 50-Day Moving Average of the stock is -5.92%, while the 200-Day Moving Average is calculated to be -7.95%.
Shares Statistics:
For the past three months, ENPH has traded an average of 3.03M shares per day and 2102010 over the past ten days. A total of 135.72M shares are outstanding, with a floating share count of 130.44M. Insiders hold about 3.68% of the company’s shares, while institutions hold 85.04% stake in the company. Shares short for ENPH as of 1726185600 were 14158549 with a Short Ratio of 4.67, compared to 1723680000 on 14062379. Therefore, it implies a Short% of Shares Outstanding of 14158549 and a Short% of Float of 14.039999.
