Enphase Energy (ENPH) Projected to Post Quarterly Earnings on Tuesday

Enphase Energy (NASDAQ:ENPH - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Tuesday, April 22nd. Analysts expect Enphase Energy to post earnings of $0.70 per share and revenue of $358.39 million for the quarter. Enphase Energy has set its Q1 2025 guidance at EPS.

Enphase Energy (NASDAQ:ENPH - Get Free Report) last issued its earnings results on Tuesday, February 4th. The semiconductor company reported $0.57 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.14. Enphase Energy had a return on equity of 15.62% and a net margin of 7.72%. On average, analysts expect Enphase Energy to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Enphase Energy Price Performance

Shares of Enphase Energy stock traded up $0.85 during trading on Thursday, reaching $45.92. 2,335,452 shares of the company's stock were exchanged, compared to its average volume of 4,054,663. The company has a debt-to-equity ratio of 1.44, a quick ratio of 3.28 and a current ratio of 3.53. Enphase Energy has a 1-year low of $44.88 and a 1-year high of $141.63. The company has a market cap of $6.08 billion, a P/E ratio of 62.17 and a beta of 1.94. The firm's 50-day moving average price is $58.58 and its 200 day moving average price is $68.10.

Insider Activity

In other news, CFO Mandy Yang sold 1,319 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $63.32, for a total transaction of $83,519.08. Following the transaction, the chief financial officer now directly owns 78,524 shares of the company's stock, valued at $4,972,139.68. This represents a 1.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Thurman J. Rodgers sold 100,000 shares of Enphase Energy stock in a transaction on Friday, March 7th. The shares were sold at an average price of $61.26, for a total transaction of $6,126,000.00. Following the completion of the sale, the director now directly owns 1,881,760 shares of the company's stock, valued at approximately $115,276,617.60. The trade was a 5.05 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 3.10% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ENPH shares. Citigroup reissued a "sell" rating and issued a $47.00 target price on shares of Enphase Energy in a report on Thursday, April 17th. The Goldman Sachs Group dropped their price objective on shares of Enphase Energy from $90.00 to $77.00 and set a "buy" rating for the company in a research note on Wednesday. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $54.00 target price (down previously from $59.00) on shares of Enphase Energy in a research note on Wednesday. Mizuho dropped their price target on Enphase Energy from $81.00 to $65.00 and set an "outperform" rating for the company in a research note on Tuesday. Finally, TD Cowen reduced their price objective on Enphase Energy from $78.00 to $58.00 and set a "buy" rating on the stock in a research report on Wednesday. Six investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, Enphase Energy presently has a consensus rating of "Hold" and an average price target of $72.74.

About Enphase Energy

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.