Stock under Analysts Consideration: Enphase Energy, Inc. (ENPH)

Stock under Analysts Consideration: Enphase Energy, Inc. (ENPH)

Stock under Analysts Consideration: Enphase Energy, Inc. (ENPH)

Enphase Energy (ENPH) opened at 0.8185 on Friday. Roth Capital maintained the shares of ENPH in report on Thursday, June 22 with "Hold" rating.

Enphase Energy (NASDAQ:ENPH) last issued its quarterly earnings data on Tuesday, May 9th. Zacks Investment Research lowered Enphase Energy from a "hold" rating to a "sell" rating in a research report on Monday, May 15th. The original version of this piece of content can be viewed at https://rinconhillneighbors.org/2017/08/12/enphase-energy-inc-nasdaqenph-receives-2-08-consensus-price-target-from-analysts-updated.html. K2 Principal Fund L.P. boosted its stake in Enphase Energy by 470.1% in the second quarter. Craig Hallum set a $2.00 price target on Enphase Energy and gave the stock a "buy" rating in a research note on Monday, June 12th. First Trust Advisors LP bought a new position in Enphase Energy during the first quarter valued at approximately $111,000. The stock closing price is now trading downward to its 50 day moving average with change of -0.88%, tumbled to its 20 day moving average with figure of -2.42% and behind its 200 day moving average with value -1.69%.

Enphase Energy Inc (NASDAQ:ENPH) has grabbed attention from the analysts, when it saw a value increase of 4.27% or 0.04 points in the last trading session to close at $0.93. Divisar Capital Management LLC now owns 1,011,838 shares of the semiconductor company's stock worth $1,386,000 after buying an additional 106,766 shares during the last quarter. The stock of Enphase Energy Inc (NASDAQ:ENPH) earned "Buy" rating by TH Capital on Wednesday, December 16. The company's revenue for the quarter was down 5.7% compared to the same quarter a year ago. The lower end of the projection is $-0.06 per share, while the higher end is $-0.01 per share. On average, equities research analysts predict that Enphase Energy will post ($0.30) EPS for the current year. Deutsche Bank AG upgraded Enphase Energy from a "sell" rating to a "hold" rating and set a $1.00 price target for the company in a research report on Tuesday, June 20th. ValuEngine cut Enphase Energy from a "sell" rating to a "strong sell" rating in a research note on Friday, June 2nd. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. Trellus Management Company LLC bought a new position in Enphase Energy during the first quarter valued at approximately $171,000. Renaissance Technologies LLC now owns 523,033 shares of the semiconductor company's stock worth $717,000 after buying an additional 114,900 shares during the last quarter. KBC Group NV increased its stake in Enphase Energy by 40.8% in the first quarter. Institutional investors own 25.69% of the company's stock. Enphase Energy had a negative net margin of 21.81% and a negative return on equity of 808.26%.

Enphase Energy, Inc. (ENPH) has the market capitalization of 70.9 Million. The company's forward price to earnings ratio for next fiscal year is 0. The Firm is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. The hedge funds in our partner's database now have: 14.69 million shares, down from 14.78 million shares in 2016Q3. The Company's semiconductor microinverter system converts direct current electricity to alternating current (AC) electricity.

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