Enphase Energy (ENPH) to Release Earnings on Tuesday
Enphase Energy (NASDAQ:ENPH) will release its Q214 earnings data on Tuesday, August 5th. Analysts expect Enphase Energy to post earnings of ($0.02) per share and revenue of $71.11 million for the quarter.
Enphase Energy (NASDAQ:ENPH) traded down 1.22% on Monday, hitting $9.70. The stock had a trading volume of 76,343 shares. Enphase Energy has a 52-week low of $4.54 and a 52-week high of $12.19. The stock has a 50-day moving average of $9.49 and a 200-day moving average of $8.30. The company’s market cap is $413.3 million.
A number of analysts have recently weighed in on ENPH shares. Analysts at Imperial Capital initiated coverage on shares of Enphase Energy in a research note on Wednesday, July 30th. They set an “outperform” rating and a $12.00 price target on the stock. On the ratings front, analysts at Deutsche Bank downgraded shares of Enphase Energy from a “buy” rating to a “hold” rating in a research note on Monday, July 28th. They now have a $11.00 price target on the stock, up previously from $10.00. Finally, analysts at Dougherty & Co initiated coverage on shares of Enphase Energy in a research note on Tuesday, July 22nd. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Enphase Energy has a consensus rating of “Buy” and a consensus price target of $10.00.
Enphase Energy, Inc (NASDAQ:ENPH), designs, develops and sells microinverter systems for the solar photovoltaic industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.