Enphase Energy Inc Shares Close the Day 12.0% Higher - Daily Wrap
The company saw its shares close the day 12.0% higher than yesterday, with trading volume lower than its 30 day average.
May 13, 2022 by Kwhen Finance Editors
Enphase Energy Inc (ENPH) shares closed today 12.0% higher than it did at the end of yesterday. The stock is currently down 13.7% year-to-date, up 37.7% over the past 12 months, and up 19014.5% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.
Trading Activity
- Shares traded as high as $163.74 and as low as $128.67 this week.
- Shares closed 44.1% below its 52-week high and 39.1% above its 52-week low.
- Trading volume this week was 32.8% higher than the 10-day average and 23.4% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
- The stock closed at 6.8% higher than its 5-day moving average, 4.3% lower than its 20-day moving average, and 3.2% lower than its 90-day moving average.
Fundamentals & Catalysts
- Over the past 12 months the company generated $222 million in earnings before interest and taxes from $870 million in revenue. It currently holds $1 billion in cash and $344 million in debt.
- Its forward price-to-earnings (P/E) ratio of 66.37024598006023 is lower than its current P/E ratio of 128.68, implying that analysts are expecting an increase in earnings.
- The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -3.37. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
- The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 2.99 which means it currently has $2.99 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
- The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 26.49. This means that the stock is trading at a premium of 26 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
- The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 22.30.
- The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 21.74.
P/E
128.68
EBITDA
$222M
P/Book
26.49
Mkt Cap
$21B
P/Sales
22.30
Revenue
$870M
EPS (TTM)
1.16
PEG Ratio
-3.37
EV/Revenue
21.74
Total Cash
$1B
Debt/Equity
2.99
Forward P/E
66.37
Current Debt
$344M
Gross Profit
$388M
Dividend Date
-
Earnings Date
2022-07-26
Profit Margin
0.11
Revenue/Share
6.42
Total Revenue
$870M
Enterprise Val
$18B
Put/Call Ratio
0.93
Revenue/Employee
1741268.00
Market Comparative Performance
- The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and beats it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and beats it on a 5-year basis
- The company share price beats the performance of its peers in the Information Technology industry sector today, beats it on a 1-year basis, and beats it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Enphase Energy Inc | 12.0 | -13.7 | 37.7 | -48.3 | 28.8 |
| Dow Jones Industrial Average | 1.4 | -10.9 | -3.7 | -12.9 | 2.5 |
| S&P 500 Index | 2.4 | -15.2 | -0.8 | -17.1 | 3.0 |
| Information Technology | 3.8 | -24.5 | -0.8 | -28.2 | 3.9 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date beats the peer average by -27.6%
- The company's stock price performance over the past 12 months beats the peer average by -427.6%
- The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -558.6% higher than the average peer.
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Enphase Energy Inc | ENPH | 128.7 | -13.7 | 37.7 | -48.3 | 28.8 |
| Peer Avg | N/A | -28.1 | -19.0 | -11.5 | -32.8 | 5.8 |
| ABB Ltd. - ADR | ABB | 13.0 | -22.5 | -11.1 | -25.2 | 2.8 |
| First Solar Inc | FSLR | 31.7 | -26.3 | -7.6 | -47.3 | 8.8 |
| Sunpower Corp | SPWR | -157.0 | -27.1 | -27.3 | -58.8 | 11.6 |
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