In last trading session, Enphase Energy Inc (NASDAQ:ENPH) saw 5.06 million shares changing hands with its beta currently measuring 1.69. Company’s recent per share price level of $117.52 trading at $0.61 or 0.52% at ring of the bell on the day assigns it a market valuation of $15.91B. That closing price of ENPH’s stock is at a discount of -55.09% from its 52-week high price of $182.26 and is indicating a premium of 37.47% from its 52-week low price of $73.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.67 million shares which gives us an average trading volume of 4.22 million if we extend that period to 3-months.

For Enphase Energy Inc (ENPH), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.12. Splitting up the data highlights that, out of 29 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 22 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Enphase Energy Inc (NASDAQ:ENPH) trade information

Upright in the green during last session for gaining 0.52%, in the last five days ENPH remained trading in the green while hitting it’s week-highest on Thursday, 07/25/24 when the stock touched $117.52 price level, adding 2.88% to its value on the day. Enphase Energy Inc’s shares saw a change of -11.06% in year-to-date performance and have moved 8.87% in past 5-day. Enphase Energy Inc (NASDAQ:ENPH) showed a performance of 15.39% in past 30-days. Number of shares sold short was 14.55 million shares which calculate 3.29 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 175 to the stock, which implies a rise of 32.85% to its current value. Analysts have been projecting 111 as a low price target for the stock while placing it at a high target of 341. It follows that stock’s current price would jump 5.55% in reaching the projected high whereas dropping to the targeted low would mean a gain of 5.55% for stock’s current value.

Enphase Energy Inc (ENPH) estimates and forecasts

Statistics highlight that Enphase Energy Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 8.74% of value to its shares in past 6 months, showing an annual growth rate of -39.46% while that of industry is -5.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

In 2024, company’s earnings growth rate is likely to be around -38.69% while estimates for its earnings growth in next 5 years are of 15.05%.

ENPH Dividends

Enphase Energy Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Enphase Energy Inc (NASDAQ:ENPH)’s Major holders

Insiders are in possession of 3.32% of company’s total shares while institution are holding 82.02 percent of that, with stock having share float percentage of 84.84%. Investors also watch the number of corporate investors in a company very closely, which is 82.02% institutions for Enphase Energy Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at ENPH for having 15.62 million shares of worth $1.89 billion. And as of 2024-03-31, it was holding 11.4795 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 15.06 million shares on 2024-03-31. The number of shares represents firm’s hold over 11.0637 of outstanding shares, having a total worth of $1.82 billion.