How Smart Investors Look at SolarEdge Technologies (SEDG)

By Blake Campbell • Thursday, December 22 15:01 • Permanent Link

Large-cap Technology company SolarEdge Technologies has moved -3.4% so far today on a volume of 390,680, compared to its average of 1,154,452. In contrast, the S&P 500 index moved -2.1%.

SolarEdge Technologies trades -8.96% away from its average analyst target price of $342.99 per share. The 27 analysts following the stock have set target prices ranging from $67 to $420, and on average have given SolarEdge Technologies a rating of buy.

Anyone interested in buying SEDG should be aware of the facts below:

SolarEdge Technologies's current price is 646.2% above its Graham number of $41.85, which implies that at its current valuation it does not offer a margin of safety
SolarEdge Technologies has moved 14.1% over the last year, and the S&P 500 logged a change of -17.9%
Based on its trailing earning per share of 2.12, SolarEdge Technologies has a trailing 12 month Price to Earnings (P/E) ratio of 147.3 while the S&P 500 average is 15.97
SEDG has a forward P/E ratio of 37.1 based on its forward 12 month price to earnings (Eps) of $8.42 per share
The company has a price to earnings growth (PEG) ratio of 2.12 — a number near or below 1 signifying that SolarEdge Technologies is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 8.5 compared to its sector average of 5.57
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide.
Based in Herzliya, the company has 3,964 full time employees and a market cap of $17,454,299,136.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.