The stock of EnerNOC, Inc. (NASDAQ:ENOC) is a huge mover today! The stock last traded at $6.15 per share. It is up 17.78% since April 6, 2016 and is downtrending. It has underperformed by 19.74% the S&P500.
The move comes after 8 months negative chart setup for the $203.30 million company. It was reported on Nov, 8 by Barchart.com. We have $5.29 PT which if reached, will make NASDAQ:ENOC worth $28.46 million less.
EnerNOC, Inc. (NASDAQ:ENOC) Ratings Coverage
Out of 4 analysts covering EnerNOC (NASDAQ:ENOC), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. EnerNOC has been the topic of 8 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Robert W. Baird maintained the stock with “Outperform” rating in Monday, August 24 report. Pacific Crest downgraded the stock to “Sector Weight” rating in Friday, November 6 report. Zacks downgraded the shares of ENOC in a report on Monday, August 10 to “Buy” rating. The rating was maintained by Morgan Stanley with “Equal Weight” on Friday, July 31. Needham maintained EnerNOC, Inc. (NASDAQ:ENOC) on Friday, November 6 with “Buy” rating.
According to Zacks Investment Research, “ENERNOC, INC. is a leading developer and provider of clean and intelligent energy solutions to commercial, institutional, and industrial customers, as well as electric power grid operators and utilities. EnerNOC’s technology-enabled demand response and energy management solutions help optimize the balance of electric supply and demand. The Company uses its Network Operations Center, or NOC, to remotely manage and reduce electricity consumption across a network of commercial, institutional, and industrial customer sites and make demand response capacity and energy available to grid operators and utilities on demand.”
Insitutional Activity: The institutional sentiment decreased to 0.92 in 2016 Q2. Its down 0.72, from 1.64 in 2016Q1. The ratio worsened, as 19 funds sold all EnerNOC, Inc. shares owned while 30 reduced positions. 13 funds bought stakes while 32 increased positions. They now own 12.73 million shares or 11.35% less from 14.36 million shares in 2016Q1.
Bogle Invest Mngmt Lp De accumulated 136,981 shares or 0.06% of the stock. Guggenheim Ltd Company holds 0% of its portfolio in EnerNOC, Inc. (NASDAQ:ENOC) for 164,645 shares. Ardsley Advisory Partners owns 118,900 shares or 0.13% of their US portfolio. Invesco accumulated 0% or 198,669 shares. California State Teachers Retirement Sys last reported 56,154 shares in the company. Citigroup Incorporated reported 6,421 shares or 0% of all its holdings. Texas Yale Capital accumulated 30,000 shares or 0.02% of the stock. Tower Lc (Trc) last reported 0% of its portfolio in the stock. Tensile Cap Mgmt Limited Liability Corporation holds 392,329 shares or 0.6% of its portfolio. Moreover, Oaktop Management Ii Lp has 2.78% invested in EnerNOC, Inc. (NASDAQ:ENOC) for 1.81M shares. The North Carolina-based National Bank & Trust Of America De has invested 0% in EnerNOC, Inc. (NASDAQ:ENOC). Moreover, Cornerstone Capital Mngmt Limited Company has 0.01% invested in EnerNOC, Inc. (NASDAQ:ENOC) for 105,400 shares. Moreover, Kcg has 0% invested in EnerNOC, Inc. (NASDAQ:ENOC) for 10,016 shares. The New York-based Bnp Paribas Arbitrage Sa has invested 0% in EnerNOC, Inc. (NASDAQ:ENOC). Blackrock last reported 2,023 shares in the company.
More important recent EnerNOC, Inc. (NASDAQ:ENOC) news were published by: Fool.com which released: “EnerNOC, Inc. Trounces Its Expectations” on November 03, 2016, also Fool.com published article titled: “EnerNOC, Inc.’s Net Loss Narrows”, Fool.com published: “EnerNOC, Inc. Earnings Remain Challenged” on February 25, 2016. More interesting news about EnerNOC, Inc. (NASDAQ:ENOC) was released by: Fool.com and their article: “EnerNOC, Inc. Continues to Make Progress” with publication date: August 02, 2016.
ENOC Company Profile
EnerNOC, Inc., incorporated on June 5, 2003, is a well-known provider of energy intelligence software (EIS) and demand response solutions. The Company’s EIS provides enterprise solutions, utility solutions and energy procurement solutions. The Company’s EIS offers enterprise clients with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; utility bill management; compliance and reporting; facility optimization, including benchmarking facilities and identifying cost savings opportunities; project tracking, and demand management. The Firm offers its EIS offerings to enterprise clients at over four subscription levels, which include basic, standard, professional and industrial. The Company’s EIS provides its utility clients with a SaaS customer engagement platform, which collects and processes data, and uses data and machine learning approaches to segment businesses in a manner that enables its utility clients to provide personalized communication and recommendations to their customers.
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