Tigo Energy, Inc. (NASDAQ:TYGO - Free Report) - Research analysts at HC Wainwright issued their FY2029 EPS estimates for shares of Tigo Energy in a research note issued on Wednesday, February 12th. HC Wainwright analyst A. Dayal anticipates that the company will post earnings per share of $0.14 for the year. HC Wainwright currently has a "Buy" rating and a $3.00 target price on the stock. The consensus estimate for Tigo Energy's current full-year earnings is ($0.78) per share.
Tigo Energy (NASDAQ:TYGO - Get Free Report) last posted its quarterly earnings results on Tuesday, February 11th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by ($0.29). Tigo Energy had a negative return on equity of 103.85% and a negative net margin of 110.29%.
Tigo Energy Stock Performance
Shares of Tigo Energy stock traded down $0.04 during trading hours on Friday, reaching $0.98. The company's stock had a trading volume of 7,146 shares, compared to its average volume of 262,511. The company's 50 day simple moving average is $0.95 and its 200 day simple moving average is $1.13. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.60 and a current ratio of 3.96. Tigo Energy has a one year low of $0.76 and a one year high of $1.85. The stock has a market cap of $59.53 million, a P/E ratio of -1.15 and a beta of 0.77.
Institutional Trading of Tigo Energy
An institutional investor recently raised its position in Tigo Energy stock. Geode Capital Management LLC boosted its position in Tigo Energy, Inc. (NASDAQ:TYGO - Free Report) by 166.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 234,893 shares of the company's stock after purchasing an additional 146,634 shares during the quarter. Geode Capital Management LLC owned about 0.39% of Tigo Energy worth $399,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 15.72% of the company's stock.
Tigo Energy Company Profile
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Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.
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