The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
As of close of business last night, Enphase Energy Inc’s stock clocked out at $61.19, down -3.96% from its previous closing price of $63.71. In other words, the price has decreased by -$3.96 from its previous closing price. On the day, 4.36 million shares were traded.
Ratios:
To gain a deeper understanding of ENPH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.88. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Canaccord Genuity on February 05, 2025, Upgraded its rating to Buy and sets its target price to $82 from $76 previously.
TD Cowen reiterated its Buy rating for the stock on January 27, 2025, while the target price for the stock was revised from $120 to $100.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 82.89, and their Forward P/E ratio for the next fiscal year is 14.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.09 while its Price-to-Book (P/B) ratio in mrq is 9.73.
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 $58.33. The 50-Day Moving Average of the stock is -8.01%, while the 200-Day Moving Average is calculated to be -34.75%.
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.
