In the last trading session, 3.67 million Enphase Energy Inc (NASDAQ:ENPH) shares changed hands as the company’s beta touched 1.81. With the company’s per share price at $46.47 changed hands at -$0.36 or -0.77% during last session, the market valuation stood at $6.10B. ENPH’s last price was a discount, traded about -204.78% off its 52-week high of $141.63. The share price had its 52-week low at $44.83, which suggests the last value was 3.53% up since then. When we look at Enphase Energy Inc’s average trading volume, we note the 10-day average is 5.99 million shares, with the 3-month average coming to 4.59 million.
Analysts gave the Enphase Energy Inc (ENPH) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.52. If we narrow down to specifics, the data shows that 2 out of 29 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended ENPH as a Hold, 22 felt it is a Buy and 0 rated the stock as Underweight.
Enphase Energy Inc (NASDAQ:ENPH) trade information
Instantly ENPH was in red as seen at the end of in last trading. With action -9.98%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -32.34%, with the 5-day performance at -9.98% in the red. However, in the 30-day time frame, Enphase Energy Inc (NASDAQ:ENPH) is -23.46% down. Looking at the short shares, we see there were 15.09 million shares sold at short interest cover period of 4.17 days.
The consensus price target for the stock as assigned by Wall Street analysts is 61.5, meaning bulls need an upside of 24.44% from its current market value. According to analyst projections, ENPH’s forecast low is 33 with 84 as the target high. To hit the forecast high, the stock’s price needs a -80.76% plunge from its current level, while the stock would need to tank 28.99% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -9.43%. The 2025 estimates are for Enphase Energy Inc earnings to increase by 7.39%, but the outlook for the next 5-year period is at 19.02% per year.
ENPH Dividends
Enphase Energy Inc is expected to release its next quarterly earnings report on 2025-Apr-21.
Enphase Energy Inc (NASDAQ:ENPH)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 3.20% of Enphase Energy Inc shares while 94.62% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 97.75%. There are 94.62% institutions holding the Enphase Energy Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.8951% of the shares, roughly 16.14 million ENPH shares worth $1.61 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 11.3423% or 15.39 million shares worth $1.53 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 4.04 shares estimated at $187.62 million under it, the former controlled 3.08% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.79% of the shares, roughly 3.66 shares worth around $169.97 million.
