Enphase Energy moved -4.2% this evening session, trading between a high of $84.56 and a low of $76.06 per share. Yesterday the stock finished at $82.09 per share, compared to an average analyst target price of $172.12.
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The large-cap semiconductors company is based in the United States, and over the last twelve months it has returned a dividend yield of None%. Enphase Energy has trailing twelve months earnings per share (EPS) of 3.99, which at today's prices amounts to a price to earnings (P/E) ratio of 19.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.71. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
Enphase Energy's 39.3% average gross margins are thinner than the 54.23% average of the Semiconductors industry, implying that the firm might be lacking in competitivity.