Enphase Energy Stock Today
| ENPH Stock | USD 112.05 1.58 1.43% |
Performance2 of 100
| Odds Of DistressLess than 2
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Enphase Energy is trading at 112.05 as of the 17th of April 2024. This is a 1.43 percent increase since the beginning of the trading day. The stock's open price was 110.47. Enphase Energy has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Enphase Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of February 2024 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 30th of March 2012 | Category Technology | Classification Information Technology |
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. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California. The company has 135.99 M outstanding shares of which 10.19 M shares are currently shorted by private and institutional investors with about 3.04 trading days to cover. More on Enphase Energy
Moving against Enphase Stock
| 0.42 | ACLS | Axcelis Technologies Financial Report 1st of May 2024 | PairCorr |
Enphase Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Enphase Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Enphase Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO President | Badrinarayanan Kothandaraman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Electronic Equipment (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Electronic Equipment, Information Technology, Semiconductors & Semiconductor Equipment, Solar, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Enphase Energy report their recommendations after researching Enphase Energy's financial statements, talking to executives and customers, or listening in on Enphase Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Enphase Energy. The Enphase consensus assessment is calculated by taking the average forecast from all of the analysts covering Enphase Energy. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Enphase Energy's financial statements, Enphase Energy is performing exceptionally good at this time. It has a great probability to report excellent financial results in May. Financial strength of Enphase Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Enphase Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Enphase Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Enphase Energy's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Enphase Energy's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Enphase Energy's financial leverage. It provides some insight into what part of Enphase Energy's total assets is financed by creditors.
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Enphase Energy (ENPH) is traded on NASDAQ Exchange in USA. It is located in 47281 Bayside Parkway, Fremont, CA, United States, 94538 and employs 3,157 people. Enphase Energy is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enphase Energy's market, we take the total number of its shares issued and multiply it by Enphase Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Enphase Energy conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 135.99 M outstanding shares of which 10.19 M shares are currently shorted by private and institutional investors with about 3.04 trading days to cover.
Enphase Energy currently holds about 1.42 B in cash with 696.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.43.
Check Enphase Energy Probability Of Bankruptcy
Ownership AllocationEnphase Energy holds a total of 135.99 Million outstanding shares. The majority of Enphase Energy outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Enphase Energy to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Enphase Energy. Please pay attention to any change in the institutional holdings of Enphase Energy as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Enphase Ownership Details
Enphase Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Enphase Energy jumping above the current price in 90 days from now is about 68.83%. The Enphase Energy probability density function shows the probability of Enphase Energy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.6374 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Enphase Energy will likely underperform. Additionally, enphase Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Enphase Energy to move above the current price in 90 days from now is about 68.83 (This Enphase Energy probability density function shows the probability of Enphase Stock to fall within a particular range of prices over 90 days) .
Enphase Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Enphase Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Enphase Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Enphase Energy's value.| Instituion | Recorded On | Shares | |
| Legal & General Group Plc | 2023-12-31 | 1.3 M | |
| Amundi | 2023-12-31 | 1.3 M | |
| Norges Bank | 2023-12-31 | 1.1 M | |
| Ubs Asset Mgmt Americas Inc | 2023-12-31 | 993.9 K | |
| Mariner Wealth Advisors, Llc | 2023-12-31 | 921.1 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 881.4 K | |
| Nordea Investment Mgmt Bank Demark A/s | 2023-12-31 | 817.2 K | |
| Credit Suisse First Boston (csfb) | 2023-12-31 | 800.9 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 796.1 K | |
| Vanguard Group Inc | 2023-12-31 | 15.6 M | |
| Blackrock Inc | 2023-12-31 | 14.4 M |
Enphase Energy Historical Income Statement
Enphase Energy Income Statement is one of the three primary financial statements used for reporting Enphase's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Enphase Energy revenue and expense. Enphase Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Enphase Energy's Selling And Marketing Expenses is increasing as compared to previous years. The Enphase Energy's current Total Revenue is estimated to increase to about 2.4 B, while Income Tax Expense is forecasted to increase to (70.5 M). View More FundamentalsEnphase Stock Against Markets
Picking the right benchmark for Enphase Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Enphase Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Enphase Energy is critical whether you are bullish or bearish towards Enphase Energy at a given time. Please also check how Enphase Energy's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Enphase Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Enphase Energy Corporate Directors
Enphase Energy corporate directors refer to members of an Enphase Energy board of directors. The board of directors generally takes responsibility for the Enphase Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Enphase Energy's board members must vote for the resolution. The Enphase Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ben Kortlang | Independent Director | Profile | |
| John Weber | Director | Profile | |
| Richard Mora | Director | Profile | |
| Thurman Rodgers | Director | Profile |
How to buy Enphase Stock?
Before investing in Enphase Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Enphase Energy. To buy Enphase Energy stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Enphase Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Enphase Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Enphase Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Enphase Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Enphase Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Enphase Stock please use our How to Invest in Enphase Energy guide.
Already Invested in Enphase Energy?
The danger of trading Enphase Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Enphase Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Enphase Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Enphase Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Enphase Energy's price analysis, check to measure Enphase Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enphase Energy is operating at the current time. Most of Enphase Energy's value examination focuses on studying past and present price action to predict the probability of Enphase Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy's price. Additionally, you may evaluate how the addition of Enphase Energy to your portfolios can decrease your overall portfolio volatility.
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Is Enphase Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enphase Energy. If investors know Enphase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enphase Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 3.08 | Revenue Per Share 16.798 | Quarterly Revenue Growth (0.58) | Return On Assets 0.0892 |
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.