Research Analysts Offer Predictions for ENLT Q1 Earnings

Enlight Renewable Energy Ltd (NASDAQ:ENLT - Free Report) - Stock analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for Enlight Renewable Energy in a report issued on Wednesday, November 13th. Roth Capital analyst J. Clare now expects that the company will post earnings of $0.07 per share for the quarter, down from their prior estimate of $0.10. The consensus estimate for Enlight Renewable Energy's current full-year earnings is $0.26 per share. Roth Capital also issued estimates for Enlight Renewable Energy's Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.44 EPS.

Several other equities research analysts have also recently commented on the company. Barclays boosted their target price on Enlight Renewable Energy from $20.00 to $21.00 and gave the company an "overweight" rating in a research note on Friday. Roth Mkm reissued a "buy" rating and set a $20.00 price target on shares of Enlight Renewable Energy in a research report on Wednesday, August 14th.

Enlight Renewable Energy Stock Down 1.0 %

ENLT stock traded down $0.16 during trading hours on Friday, reaching $16.21. 8,114 shares of the stock were exchanged, compared to its average volume of 25,990. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 35.98 and a beta of 1.71. The firm's 50-day moving average is $15.87 and its 200-day moving average is $16.33. Enlight Renewable Energy has a 12 month low of $14.09 and a 12 month high of $20.00. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.59 and a quick ratio of 0.59.

Hedge Funds Weigh In On Enlight Renewable Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Advisors Asset Management Inc. boosted its position in Enlight Renewable Energy by 1,181.5% in the third quarter. Advisors Asset Management Inc. now owns 14,263 shares of the company's stock valued at $241,000 after buying an additional 13,150 shares in the last quarter. Susquehanna International Group Ltd. purchased a new position in Enlight Renewable Energy during the 2nd quarter worth $253,000. Tidal Investments LLC bought a new position in shares of Enlight Renewable Energy during the 1st quarter worth approximately $254,000. Quadrature Capital Ltd bought a new position in Enlight Renewable Energy during the first quarter valued at about $377,000. Finally, Barclays PLC lifted its position in shares of Enlight Renewable Energy by 4,278.2% during the 3rd quarter. Barclays PLC now owns 25,525 shares of the company's stock valued at $432,000 after buying an additional 24,942 shares during the last quarter. 38.89% of the stock is currently owned by institutional investors and hedge funds.

About Enlight Renewable Energy

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.