The Best Way To Play Enphase Energy, Inc. (ENPH) Right Now

RANHOFF DAVID A, VP & Chief Commercial Officer, subtracted 63,516 shares of Enphase Energy, Inc. (ENPH) from its portfolio at the rate of $14.62 per share valuing $928,915 on May 16. The insider left behind 790,517 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Enphase Energy, Inc. (ENPH) was $17.51. Currently, the 1st Resistance Point for this stock is $17.89, with a 2nd Resistance Point sitting at $18.27. Meanwhile, this company’s stock has a 1st Support Level at $16.92 and a 2nd Support Level at $16.33. Enphase Energy, Inc. (ENPH) stock has gained $1.83, or 11.67%, in the past five days. In the last full month, these shares have gained $3.82, or 27.90%. In the past three months, this stock’s price has risen by $8.15, or 87.07%. This year-to-date, Enphase Energy, Inc. (ENPH) shares have gained $12.78, or 270.19%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Enphase Energy, Inc. (ENPH) stock, 100% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 110,227 K shares outstanding, this company currently has a market capitalization of $1,882,677K. Enphase Energy, Inc. (ENPH) generates $316,160 K in annual sales, amounting to annual net income of -$11,630 K. This stock has generated a 1-Year Total Return of 192.81%, a 3-Year Total Return of 725.94%, and a 5-year Total Return of 106.73%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Enphase Energy, Inc. (ENPH) reported earnings of $0.08 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.05 per share, representing a 0.03 difference and 56.86% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.04 represented a -0.02 difference from the consensus estimate calling for $0.06 per share, which was a 31.03% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.10 per share. This estimate came from a total of 3 Wall Street Analysts. Of those market experts, the high estimate was $0.12 and the low estimate was $0.09. In the year-ago quarter, Enphase Energy, Inc. (ENPH) generated per-share earnings of -$0.04. If the analysts are correct about the current quarter’s earnings, the growth will be +350.00% .

Turning our focus now to insider trading activity, there have been 12 purchases (565,675 shares in total) and 10 sale (257,506 shares in total) in the last 3 months. In the last 6 months, there have been 16 insider buys amounting to 657,090 shares and 14 insider sales amounting to 387,506 shares. In the past full year, 27 insider purchases were made (involving 1,005,194 shares) and 21 insider sell-offs equivalent to 524,534 shares.

Moving onto liquidity, Enphase Energy, Inc. (ENPH) has a Current Ratio of 1.51, a Quick Ratio of 1.40 and a Cash Ratio of 0.72. Looking at this company’s capital structure, its Total Debt to Total Equity is 1,411.82, its Total Debt to Total Capital is 93.39, and its Total Debt to Total Assets is now 32.30. Looking even further ahead into the future, its Long-Term Debt to Equity is 1,049.74 and its Long-Term Debt to Total Capital is 69.44.