In today’s recent session, 1.52 million shares of the Solaredge Technologies Inc (NASDAQ:SEDG) have been traded, and its beta is 1.54. Most recently the company’s share price was $32.63, and it changed around -$0.38 or -1.15% from the last close, which brings the market valuation of the company to $1.87B. SEDG at last check was trading at a discount to its 52-week high of $288.87, offering almost -785.29% off that amount. The share price’s 52-week low was $32.54, which indicates that the recent value has risen by an impressive 0.28% since then. We note from Solaredge Technologies Inc’s average daily trading volume that its 3-month average coming to 2.25 million.
Solaredge Technologies Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.88. If we narrow it down even further, the data shows that 1 out of 10 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended SEDG as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Solaredge Technologies Inc is expected to report earnings per share of -1.57 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Solaredge Technologies Inc (NASDAQ:SEDG) trade information
Instantly SEDG has been showing red trend so far today with a performance of -1.15% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -65.14% year-to-date, but still down -18.14% over the last five days. On the other hand, Solaredge Technologies Inc (NASDAQ:SEDG) is -38.24% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $232.38, which translates to bulls needing to increase their stock price by 85.96% from its current value. Analyst projections state that SEDG is forecast to be at a low of $55 and a high of $490.
Solaredge Technologies Inc (SEDG) estimates and forecasts
Solaredge Technologies Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -65.60 percent over the past six months and at a -196.60% annual growth rate that is well below the industry average of -7.30%. The year-over-year growth rate is expected to be -54.90%, down from the previous year.
Consensus estimates provided by 21 financial analysts predict the company will bring in an average of 265.8M in revenue for the current quarter. 21 analysts expect Solaredge Technologies Inc to make 392.7M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -25.90%. Solaredge Technologies Inc earnings are expected to increase by -197.98% in 2024, but the outlook is positive 2.83% per year for the next five years.
SEDG Dividends
Solaredge Technologies Inc’s next quarterly earnings report is expected to be released in July.
