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Dynamic quotes 
OFFON

ENPHASE ENERGY, INC.

(ENPH)
  Report
Delayed Quote. Delayed Nasdaq - 01/21 04:00:01 pm
126.02 USD   -6.44%
01/20Enphase Energy Expands Battery Storage in Washington
AQ
01/18Enphase Energy Expands Battery Storage in Illinois
GL
01/18Enphase Energy, Inc. Expands Battery Storage in Illinois
CI
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Enphase Energy, Inc. : Back on an important level

01/13/2022 | 08:53am EST
long trade
Stop-loss triggered
Entry price : 156.64$ | Target : 259$ | Stop-loss : 129$ | Potential : 65.35%
The selling pressure regarding Enphase Energy, Inc. shares could subside shortly. In fact, the support area that is currently being tested around 145.03 USD has come into play and could, at least in the short term, keep the downside pressure at bay.
Investors have an opportunity to buy the stock and target the $ 259.
Enphase Energy, Inc. : Enphase Energy, Inc. : Back on an important level
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths
  • Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
  • The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
  • The company returns high margins, thereby supporting business profitability.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • Historically, the company has been releasing figures that are above expectations.

Weaknesses
  • The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 180.74 times its estimated earnings per share for the ongoing year.
  • Based on current prices, the company has particularly high valuation levels.
  • In relation to the value of its tangible assets, the company's valuation appears relatively high.
  • The valuation of the company is particularly high given the cash flows generated by its activity.
  • For the past year, analysts have significantly revised downwards their profit estimates.
  • For the last few months, analysts have been revising downwards their earnings forecast.
  • Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
  • The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

ę MarketScreener.com 2022

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2021 1 369 M - -
Net income 2021 118 M - -
Net cash 2021 84,3 M - -
P/E ratio 2021 153x
Yield 2021 -
Capitalization 17 002 M 17 002 M -
EV / Sales 2021 12,4x
EV / Sales 2022 8,62x
Nbr of Employees 850
Free-Float 97,7%
Upcoming event on ENPHASE ENERGY, INC.
03/01/22
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Last Close Price 126,02 $
Average target price 241,58 $
Spread / Average Target 91,7%
EPS Revisions
Managers and Directors
Badrinarayanan Kothandaraman President, Chief Executive Officer & Director
Eric Branderiz Chief Financial Officer & Executive Vice President
Martin Fornage Chief Technology Officer
Jeff McNeil Chief Operating Officer & Executive VP
Ben Kortlang Independent Director
Sector and Competitors
1st jan.Capi. (M$)
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FLAT GLASS GROUP CO., LTD.-11.74%14 816
XINYI SOLAR HOLDINGS LIMITED-4.99%14 342