Enphase Energy Inc (NASDAQ:ENPH) has a beta value of 1.70 and has seen 7.63 million shares traded in the last trading session. The company, currently valued at $4.53B, closed the last trade at $34.56 per share which meant it lost -$1.29 on the day or -3.60%% during that session. The ENPH stock price is -276.39% off its 52-week high price of $130.08 and 4.48% above the 52-week low of $33.01.
The consensus among analysts is that Enphase Energy Inc (ENPH) is Buy stock at the moment, with a recommendation rating of 2.76. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 29 have rated it as a Hold, with 22 advising it as a Buy. 0 have rated the stock as Underweight.
Enphase Energy Inc (NASDAQ:ENPH) trade information
Sporting -3.60%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ENPH stock price touched $34.56 or saw a rise of 25.87%. Year-to-date, Enphase Energy Inc shares have moved -70.96%, while the 5-day performance has seen it change -24.21%. Over the past 30 days, the shares of Enphase Energy Inc (NASDAQ:ENPH) have changed -26.92%.
Wall Street analysts have a consensus price target for the stock at $51, which means that the shares’ value could jump 32.24% from current levels. The projected low price target is $28.0 while the price target rests at a high of $84.0. In that case, then, we find that the current price level is -143.06% off the targeted high while a plunge would see the stock lose 18.98% from current levels.
Enphase Energy Inc (ENPH) estimates and forecasts
The company’s shares have lost -52.92% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -9.43% over the past 5 years. Earnings growth for 2025 is a modest 8.09% while over the next 5 years, the company’s earnings are expected to increase by 14.59%.
ENPH Dividends
Enphase Energy Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Enphase Energy Inc (NASDAQ:ENPH)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 16.14 million shares worth more than $1.61 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.8951% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 15.39 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.53 billion and represent 11.3423% of shares outstanding.
