During the last session, Enphase Energy Inc (NASDAQ:ENPH)’s traded shares were 7.48 million, with the beta value of the company hitting 1.49. At the end of the trading day, the stock’s price was $107.83, reflecting an intraday gain of 0.62% or $0.66. The 52-week high for the ENPH share is $228.36, that puts it down -111.78 from that peak though still a striking 31.85% gain since the share price plummeted to a 52-week low of $73.49. The company’s market capitalization is $14.67B, and the average trade volume was 4.17 million shares over the past three months.
Enphase Energy Inc (NASDAQ:ENPH) trade information
Enphase Energy Inc (ENPH) registered a 0.62% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.62% in intraday trading to $107.83, hitting a weekly high. The stock’s 5-day price performance is -1.23%, and it has moved by -1.39% in 30 days. Based on these gigs, the overall price performance for the year is -51.12%.
Enphase Energy Inc (ENPH) estimates and forecasts
Statistics show that Enphase Energy Inc has underperformed its competitors in share price, compared to the industry in which it operates. Enphase Energy Inc (ENPH) shares have gone up 13.70% during the last six months, with a year-to-date growth rate less than the industry average at -25.62% against -10.00. In the rating firms’ projections, revenue will decrease -34.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 318.74M as predicted by 30 analyst(s). Meanwhile, a consensus of 29 analyst(s) estimates revenue growth to 428.53M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 711.12M and 551.08M respectively. In this case, analysts expect current quarter sales to shrink by -55.20% and then drop by -22.20% in the coming quarter.
While earnings are projected to return -33.58% in 2024, the next five years will return 14.80% per annum.
ENPH Dividends
Enphase Energy Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
