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New Products Should Boost Enphase's Margins
Enphase is the world leader in microinverter technology for distributed solar systems.
Enphase Energy Inc ENPH
Bulls Say, Bears Say
Bulls
Enphase commands industry-leading gross margins and ROICs based on its high-tech product offering.
Bears
Enphase’s end markets are concentrated around the U.S. and residential end markets.
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News
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Thinking about trading options or stock in Arm Holdings, Microsoft, Palo Alto Networks, Apple, or Enphase Energy?
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Dow and S&P 500 score record closing highs after fresh batch of earnings
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Enphase's 'good enough' quarter pushes stock 12% higher
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Canadian Solar and SunRun gain on BlackRock investments, while Enphase and Sunnova move up on analyst upgrade
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Enphase's stock keeps falling after longtime bull abandons buy call
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Here are the 20 worst-performing stocks among the S&P 500 in 2023
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Enphase Energy's stock surges to pace the S&P 500's gainers, as job cuts are seen as a good thing
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Enphase Energy to lay off 10% of its workforce, citing 'challenging' economy
Trading Information
- Previous Close Price
- $112.05
- Day Range
- $106.82–113.25
- 52-Week Range
- $73.49–228.50
- Bid/Ask
- $108.80 / $109.44
- Market Cap
- $14.85 Bil
- Volume/Avg
- 30,876 / 4.1 Mil
Key Statistics
- Price/Earnings (Normalized)
- 24.81
- Price/Sales
- 6.83
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 2.76%
Company Profile
Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
- Sector
- Technology
- Industry
- Solar
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 3,157
- Website
- https://www.enphase.com
Competitors
Valuation
|
Metric
|
ENPH
|
TSLA
|
GNRC
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.81 | 47.90 | 24.63 |
Price/Book Value | 15.06 | 7.62 | 3.43 |
Price/Sales | 6.83 | 5.40 | 2.06 |
Price/Cash Flow | 23.02 | 33.70 | 21.01 |
Price/Earnings
ENPH
TSLA
GNRC
Financial Strength
|
Metric
|
ENPH
|
TSLA
|
GNRC
|
|---|---|---|---|
Quick Ratio | 4.02 | 1.13 | 0.84 |
Current Ratio | 4.59 | 1.73 | 2.27 |
Interest Coverage | 51.17 | 58.10 | 3.97 |
Quick Ratio
ENPH
TSLA
GNRC
Profitability
|
Metric
|
ENPH
|
TSLA
|
GNRC
|
|---|---|---|---|
Return on Assets (Normalized) | 18.18% | 18.09% | 6.46% |
Return on Equity (Normalized) | 64.33% | 32.04% | 14.31% |
Return on Invested Capital (Normalized) | 24.93% | 26.54% | 9.82% |
Return on Assets
ENPH
TSLA
GNRC
Solar Industry Comparables
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|
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|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FSLR
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XNYIF
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XISHY
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NXT
| NEXTracker Inc Ordinary Shares - Class A | Gbpzdwcd | Gjrdd | $6.1 Bil | |
GCPEF
| GCL Technology Holdings Ltd | — | Zxc | $3.8 Bil | |
SEDG
| SolarEdge Technologies Inc | Ggxxltlr | Jyl | $3.3 Bil | |
RUN
| Sunrun Inc | Txlbwbtnw | Fzrp | $2.2 Bil | |
SHLS
| Shoals Technologies Group Inc Ordinary Shares - Class A | Myczdwmj | Ktqz | $1.4 Bil | |
SPWR
| SunPower Corp | Pxbdb | Crld | $396.6 Mil |