Enphase Energy Stock Today

ENPH Stock  USD 66.29  2.72  4.28%   

Performance

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Odds Of Distress

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Enphase Energy is trading at 66.29 as of the 24th of November 2024. This is a 4.28 percent increase since the beginning of the trading day. The stock's open price was 63.57. Enphase Energy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on June 15, 2021, Representative Josh Gottheimer of US Congress acquired under $15k worth of Enphase Energy's common stock.
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 135.11 M outstanding shares of which 15.84 M shares are currently shorted by private and institutional investors with about 3.93 trading days to cover. More on Enphase Energy

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Enphase Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentBadrinarayanan Kothandaraman
Thematic IdeaElectronic Equipment (View all Themes)
Business ConcentrationSemiconductors & Semiconductor Equipment, Information Technology, SP 500 Index, NASDAQ Composite, Electronic Equipment, Energy, Information Technology, Semiconductors & Semiconductor Equipment, Solar, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.640.6771
Notably Down
Slightly volatile
Total Current Liabilities559.1 M532.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities TotalB1.9 B
Sufficiently Up
Slightly volatile
Total Assets3.6 B3.4 B
Sufficiently Up
Slightly volatile
Total Current Assets2.6 B2.4 B
Sufficiently Up
Slightly volatile
Debt Levels
Enphase Energy can leverage 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.
Liquidity
Enphase Energy currently holds 1.3 B in liabilities with Debt to Equity (D/E) ratio of 2.15, implying the company greatly relies on financing operations through barrowing. Enphase Energy has a current ratio of 3.53, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Enphase Energy's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

615.7 Million
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 'Mid-Cap' category with a current market capitalization of 8.96 B. Enphase Energy conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 135.11 M outstanding shares of which 15.84 M shares are currently shorted by private and institutional investors with about 3.93 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 Allocation
Enphase Energy holds a total of 135.11 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. On June 15, 2021, Representative Josh Gottheimer of US Congress acquired under $15k worth of Enphase Energy's common stock.
Check Enphase Ownership Details

Enphase Stock Institutional Holders

InstituionRecorded OnShares
Legal & General Group Plc2024-06-30
1.5 M
Amundi2024-06-30
1.4 M
Norges Bank2024-06-30
1.4 M
Northern Trust Corp2024-09-30
1.2 M
Fmr Inc2024-09-30
M
First Trust Advisors L.p.2024-06-30
M
Schroder Investment Management Group2024-06-30
961.6 K
Coatue Management Llc2024-09-30
960.7 K
Nordea Investment Mgmt Bank Demark A/s2024-09-30
956.2 K
Vanguard Group Inc2024-09-30
16.5 M
Blackrock Inc2024-06-30
15.4 M
View Enphase Energy Diagnostics

Enphase Energy Historical Income Statement

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 Fundamentals

Enphase Stock Against Markets

Enphase Energy Corporate Management

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 closely tied 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Semiconductors & Semiconductor Equipment space 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
(0.59)
Earnings Share
0.46
Revenue Per Share
9.212
Quarterly Revenue Growth
(0.31)
Return On Assets
0.0057
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.