Guggenheim has recently raised Enphase Energy Inc (ENPH) stock to Neutral rating, as announced on January 31, 2025, according to Finviz. Earlier, on January 27, 2025, TD Cowen had reiterated the stock to Buy, setting a price target of $100 for ENPH stock. Truist also reduced Hold rating with a price target of $65. Additionally, HSBC Securities reduced Hold rating on November 8, 2024, with a target price of $81. Exane BNP Paribas analysts, in their report published on November 8, 2024, also reduced Neutral rating for Enphase Energy Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Enphase Energy Inc (ENPH) Stock Trading Recap
On Monday, Enphase Energy Inc (ENPH) stock saw a modest uptick, ending the day at $63.91 which represents a slight increase of $1.63 or 2.62% from the prior close of $62.28. The stock opened at $59.6 and touched a low of $59.6 during the day, reaching a high of $65.93. The volume of shares traded was 5.06 million exceeding the average volume of 4.40 million.
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ENPH Stock Performance and Moving Averages
In recent trading, Enphase Energy Inc (ENPH) stock price has shown some volatility, fluctuating -0.06% over the last five trades and -6.95% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -41.73%, and it has plunged by -22.51% in the previous three months. Currently, ENPH is trading at -2.09%, -6.95%, and -34.59% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ENPH, a Technology sector stock, is trading -54.88% below its 52-week high but remains 9.57% above its 52-week low. The Average True Range (ATR) (14 days) of 3.41 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Enphase Energy Inc’s Profitability and Valuation Ratios
Enphase Energy Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 2.47% and a profit margin of 4.91%, with a gross margin of -41.73%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Enphase Energy Inc’s market capitalization stands at $8.63 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 145.75, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 18.38. Additionally, the Price-to-Sales Ratio is 6.91, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 9.27, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 4.09% of Enphase Energy Inc (ENPH)’s shares, while financial institutions hold 88.46%.
Notable insider trades include RANHOFF DAVID A, EVP & Chief Commercial Officer at Enphase Energy Inc (ENPH), who sold 5000 shares on Jun 17 ’24, at $123.27 each, totaling $0.62 million. On May 29 ’24, Rodgers Thurman J, Director, sold 319526 shares for $126.53 each, amounting to $40.43 million. Additionally, on May 30 ’24, Rodgers Thurman J sold 5188 shares at $129.6 each, generating $0.67 million.
