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In the latest session, Enphase Energy Inc (NASDAQ: ENPH) closed at $66.90 down -6.55% from its previous closing price of $71.59. In other words, the price has decreased by -$6.55 from its previous closing price. On the day, 11.81 million shares were traded. ENPH stock price reached its highest trading level at $70.49 during the session, while it also had its lowest trading level at $65.66.
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 4.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.12. For the most recent quarter (mrq), Quick Ratio is recorded 3.88 and its Current Ratio is at 4.16. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.32.
On November 08, 2024, Exane BNP Paribas Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $88.
Jefferies Downgraded its Hold to Underperform on November 07, 2024, whereas the target price for the stock was revised from $93 to $61.
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 9038658560 and an Enterprise Value of 8604251136. As of this moment, Enphase’s Price-to-Earnings (P/E) ratio for their current fiscal year is 152.57, and their Forward P/E ratio for the next fiscal year is 17.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 12.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.76 while its Price-to-Book (P/B) ratio in mrq is 9.70. Its current Enterprise Value per Revenue stands at 6.882 whereas that against EBITDA is 83.618.
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 $71.38. The 50-Day Moving Average of the stock is -33.42%, while the 200-Day Moving Average is calculated to be -40.10%.
Shares Statistics:
For the past three months, ENPH has traded an average of 3.32M shares per day and 6423830 over the past ten days. A total of 135.72M shares are outstanding, with a floating share count of 130.14M. Insiders hold about 3.68% of the company’s shares, while institutions hold 85.21% stake in the company. Shares short for ENPH as of 1728950400 were 14695849 with a Short Ratio of 4.42, compared to 1726185600 on 14158549. Therefore, it implies a Short% of Shares Outstanding of 14695849 and a Short% of Float of 14.63.
