Enphase Energy (NASDAQ:ENPH - Get Free Report) is expected to release its earnings data after the market closes on Tuesday, February 4th. Analysts expect Enphase Energy to post earnings of $0.72 per share and revenue of $377.50 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Enphase Energy Trading Up 0.4 %
Shares of NASDAQ:ENPH traded up $0.23 during midday trading on Friday, reaching $62.28. The company's stock had a trading volume of 3,516,655 shares, compared to its average volume of 3,434,585. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 141.55, a price-to-earnings-growth ratio of 7.94 and a beta of 1.68. The business has a 50 day moving average price of $69.35 and a 200 day moving average price of $90.38. Enphase Energy has a 1 year low of $58.33 and a 1 year high of $141.63. The company has a quick ratio of 3.88, a current ratio of 4.16 and a debt-to-equity ratio of 1.29.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on ENPH. BMO Capital Markets dropped their price objective on shares of Enphase Energy from $114.00 to $104.00 and set a "market perform" rating for the company in a research note on Monday, October 14th. JPMorgan Chase & Co. dropped their price objective on Enphase Energy from $112.00 to $91.00 and set an "overweight" rating for the company in a report on Thursday, January 23rd. The Goldman Sachs Group reduced their target price on Enphase Energy from $121.00 to $105.00 and set a "buy" rating on the stock in a report on Wednesday, January 22nd. Oppenheimer dropped their price target on Enphase Energy from $134.00 to $101.00 and set an "outperform" rating for the company in a research note on Wednesday, October 23rd. Finally, Royal Bank of Canada reduced their price objective on Enphase Energy from $85.00 to $71.00 and set a "sector perform" rating on the stock in a research note on Friday, November 22nd. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $93.06.
Read Our Latest Report on ENPH
Enphase Energy Company Profile
(
Get Free Report)
Enphase Energy, Inc, together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.
See Also
![Earnings History for Enphase Energy (NASDAQ:ENPH)](https://www.marketbeat.com/scripts/EarningsChart.ashx?Prefix=NASDAQ&Symbol=ENPH)
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