Market Inference Overview — Enphase (ENPH)

By Ken Smith • Tuesday, December 27 10:38 • Permanent Link

Large-cap Technology company Enphase Energy has moved -4.7% so far today on a volume of 868,816, compared to its average of 3,779,348. In contrast, the S&P 500 index moved -0.1%.

Enphase Energy trades -12.98% away from its average analyst target price of $322.06 per share. The 32 analysts following the stock have set target prices ranging from $194 to $379, and on average have given Enphase Energy a rating of buy.

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

Enphase Energy's current price is 1,912.2% above its Graham number of $13.93, which implies that at its current valuation it does not offer a margin of safety
Enphase Energy has moved 57.4% over the last year, and the S&P 500 logged a change of -19.7%
Based on its trailing earning per share of 1.92, Enphase Energy has a trailing 12 month Price to Earnings (P/E) ratio of 146.0 while the S&P 500 average is 15.97
ENPH has a forward P/E ratio of 52.5 based on its forward 12 month price to earnings (Eps) of $5.34 per share
The company has a price to earnings growth (PEG) ratio of 1.74 — a number near or below 1 signifying that Enphase Energy is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 62.4 compared to its sector average of 5.57
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally.
Based in Fremont, the company has 2,260 full time employees and a market cap of $38,092,701,696.

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.