Enlight Renewable Energy (ENLT) Expected to Announce Quarterly Earnings on Wednesday

Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, February 19th. Analysts expect Enlight Renewable Energy to post earnings of ($0.13) per share and revenue of $289.04 million for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Enlight Renewable Energy Price Performance

Shares of ENLT traded up $0.09 during trading hours on Monday, hitting $16.99. The stock had a trading volume of 1,785 shares, compared to its average volume of 21,631. The stock has a market capitalization of $1.96 billion, a price-to-earnings ratio of 38.61 and a beta of 1.51. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.53 and a quick ratio of 0.53. The company's fifty day moving average is $16.64 and its two-hundred day moving average is $16.21. Enlight Renewable Energy has a 52 week low of $14.09 and a 52 week high of $18.48.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Enlight Renewable Energy from $17.00 to $18.00 and gave the stock a "neutral" rating in a report on Thursday, January 23rd. Barclays raised their price objective on shares of Enlight Renewable Energy from $20.00 to $21.00 and gave the company an "overweight" rating in a research report on Friday, November 15th.

Enlight Renewable Energy Company Profile

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects.