Enphase Energy, Inc. (ENPH) Receives $2.08 Consensus PT from Brokerages

Enphase Energy Inc

Enphase Energy Inc

Shares of Enphase Energy, Inc. Accern also assigned media coverage about the semiconductor company an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days.

Enphase Energy (NASDAQ:ENPH) last released its quarterly earnings results on Tuesday, August 8th.

Tinicum Inc holds 0.28% of its portfolio in Enphase Energy Inc for 763,500 shares. The correct version of this article can be read at https://www.chaffeybreeze.com/2017/08/11/enphase-energy-inc-nasdaqenph-downgraded-to-sell-at-zacks-investment-research.html. K2 Principal Fund L.P. boosted its stake in Enphase Energy by 470.1% in the second quarter. First Trust Advisors LP increased its stake in Enphase Energy by 55.4% in the second quarter. Craig Hallum set a $2.00 price target on shares of Enphase Energy and gave the stock a "buy" rating in a research note on Monday, June 12th.

Enphase Energy, Inc. (ENPH) stock moved with shift of -7.29% in the past week. Divisar Capital Management LLC now owns 1,011,838 shares of the semiconductor company's stock worth $1,386,000 after buying an additional 106,766 shares during the last quarter. Roth Capital set a $1.00 target price on Enphase Energy and gave the company a "hold" rating in a research note on Wednesday, May 10th. Enphase Energy's quarterly revenue was down 14.6% compared to the same quarter a year ago. The stock stands almost $1.08 off versus the 52-week high of $2.03 and $0.3 above the 52-week low of $0.65. Oppenheimer Holdings analyst C. Rusch now forecasts that the semiconductor company will earn $0.00 per share for the year, down from their previous forecast of $0.02. Deutsche Bank AG upgraded Enphase Energy from a "sell" rating to a "hold" rating and set a $1.00 target price for the company in a research note on Tuesday, June 20th. ValuEngine lowered Enphase Energy from a "sell" rating to a "strong sell" rating in a research report on Friday, June 2nd. (NASDAQ:ENPH), 1 rate it "Buy", 2 "Outperform", 4 "Underperform", 0 "Sell", while 0 "Hold". KBC Group NV boosted its position in shares of Enphase Energy by 40.8% in the first quarter. Renaissance Technologies LLC now owns 523,033 shares of the semiconductor company's stock valued at $717,000 after buying an additional 114,900 shares in the last quarter. Wexford Capital LP purchased a new stake in shares of Enphase Energy during the first quarter valued at approximately $617,000.

While having a peek at profitability ratios Enphase Energy Inc (NASDAQ:ENPH) has trailing twelve month gross margin at 17%, its trailing twelve month operating margin stands at -21% whereas its trailing twelve month net profit margin spots at -23%. The semiconductor company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.08) by $0.01.

Enphase Energy, Inc is a provider of energy management solutions. The hedge funds in our partner's database now have: 14.69 million shares, down from 14.78 million shares in 2016Q3. During the same period a year ago, the firm posted ($0.30) earnings per share. The Firm is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. During the trading on 08/09/2017, Company's stock ranged from $5.38 to $5.12. Its semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity.