Enphase Energy Inc. (ENPH) Loss -10.00% YTD: Chances Are, Buyers Will Win the Tug-of-War

Enphase Energy Inc. (NASDAQ:ENPH) previous close was $149.42 while the outstanding shares total 126.99M. The firm has a beta of 1.24, a 12-month trailing P/E ratio of 176.05, and a growth ratio of 4.67. ENPH’s shares traded higher over the last trading session, gaining 5.69% on 04/06/21. The shares fell to a low of $151.01 before closing at $157.92. Intraday shares traded counted 2.64 million, which was 34.6% higher than its 30-day average trading volume of 4.04M. The stock’s Relative Strength Index (RSI) is 49.01, with weekly volatility at 8.04% and ATR at 13.28. The ENPH stock’s 52-week price range has touched low of $30.61 and a $229.04 high.

Investors have identified the Solar company Enphase Energy Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $20.31 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Enphase Energy Inc. (ENPH) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For ENPH, the company has in raw cash 679.38 million on their books with 325.97 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 933.06 million total, with 534.04 million as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 2.24 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on ENPH sounds very interesting.

Is the stock of ENPH attractive?

In related news, EVP & Chief Financial Officer, Branderiz Eric sold 62,021 shares of the company’s stock in a transaction that recorded on Apr 05. The sale was performed at an average price of 156.51, for a total value of 9,706,976. As the sale deal closes, the President & CEO, Kothandaraman Badrinarayanan now sold 27,394 shares of the company’s stock, valued at 4,008,048. Also, Chief Accounting Officer, Yang Mandy sold 7,652 shares of the company’s stock in a deal that was recorded on Mar 10. The shares were price at an average price of 159.72 per share, with a total market value of 1,222,177. Following this completion of acquisition, the EVP & Chief Financial Officer, Branderiz Eric now holds 21,045 shares of the company’s stock, valued at 3,016,702. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.60%.

15 out of 22 analysts covering the stock have rated it a Buy, while 7 have maintained a Hold recommendation on Enphase Energy Inc.. 0 analysts has assigned a Sell rating on the ENPH stock. The 12-month mean consensus price target for the company’s shares has been set at $214.00.

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