Enphase Energy, Inc. (ENPH) Can’t Be More Safe. Trades Significantly Higher

February 13, 2018 - By Peter Erickson

Investors sentiment increased to 0.8 in Q3 2017. Its up 0.18, from 0.62 in 2017Q2. It is positive, as 12 investors sold Enphase Energy, Inc. shares while 3 reduced holdings. 4 funds opened positions while 8 raised stakes. 13.44 million shares or 4.10% less from 14.02 million shares in 2017Q2 were reported.
Boothbay Fund Ltd Company invested in 66,535 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 37,900 shares. Old West Mngmt Ltd Liability Corp stated it has 1.62 million shares or 1.29% of all its holdings. Jacobs Levy Equity Mngmt holds 0% or 21,594 shares in its portfolio. Morgan Stanley has 0% invested in Enphase Energy, Inc. (NASDAQ:ENPH). White Pine Capital Ltd Liability Corp holds 0% of its portfolio in Enphase Energy, Inc. (NASDAQ:ENPH) for 21,000 shares. Guggenheim Limited Liability has invested 0% of its portfolio in Enphase Energy, Inc. (NASDAQ:ENPH). Retail Bank Of America De reported 31,391 shares. Barclays Public Ltd holds 0% of its portfolio in Enphase Energy, Inc. (NASDAQ:ENPH) for 5,000 shares. Royal Retail Bank Of Canada holds 2,000 shares. Electron Cap Prns Limited Company reported 1.22% of its portfolio in Enphase Energy, Inc. (NASDAQ:ENPH). Northern Tru accumulated 139,964 shares. Geode Capital Management Limited has invested 0% in Enphase Energy, Inc. (NASDAQ:ENPH). Tinicum Inc reported 763,500 shares. Citadel Ltd holds 85,832 shares.

The stock of Enphase Energy, Inc. (NASDAQ:ENPH) is a huge mover today! The stock increased 3.01% or $0.08 during the last trading session, reaching $2.74. About 633,154 shares traded. Enphase Energy, Inc. (NASDAQ:ENPH) has declined 60.65% since February 13, 2017 and is downtrending. It has underperformed by 77.35% the S&P500.
The move comes after 7 months positive chart setup for the $235.42 million company. It was reported on Feb, 13 by Barchart.com. We have $2.82 PT which if reached, will make NASDAQ:ENPH worth $7.06M more.

Analysts await Enphase Energy, Inc. (NASDAQ:ENPH) to report earnings on February, 27. They expect $-0.05 earnings per share, up 72.22 % or $0.13 from last year’s $-0.18 per share. After $-0.08 actual earnings per share reported by Enphase Energy, Inc. for the previous quarter, Wall Street now forecasts -37.50 % EPS growth.

Enphase Energy, Inc. (NASDAQ:ENPH) Ratings Coverage

Among 12 analysts covering Enphase Energy Inc (NASDAQ:ENPH), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Enphase Energy Inc had 31 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, September 22 by Cowen & Co. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) has “Neutral” rating given on Friday, July 24 by Dougherty & Company. The stock has “Neutral” rating by TH Capital on Wednesday, November 18. The stock of Enphase Energy, Inc. (NASDAQ:ENPH) earned “Hold” rating by Canaccord Genuity on Wednesday, November 4. The company was maintained on Wednesday, November 4 by Oppenheimer. The company was maintained on Monday, November 2 by JP Morgan. The firm has “Hold” rating given on Tuesday, June 20 by Deutsche Bank. The rating was downgraded by Needham on Wednesday, November 4 to “Hold”. The firm has “Hold” rating given on Monday, September 25 by Needham. The firm has “Strong Buy” rating given on Tuesday, September 15 by Needham.

More notable recent Enphase Energy, Inc. (NASDAQ:ENPH) news were published by: Seekingalpha.com which released: “Enphase Energy’s IQ Future” on January 31, 2018, also Globenewswire.com with their article: “Enphase Energy Announces Conference Call to Review Fourth Quarter and Full …” published on February 02, 2018, Globenewswire.com published: “Enphase Energy Announces $20 Million Private Equity Offering” on February 05, 2018. More interesting news about Enphase Energy, Inc. (NASDAQ:ENPH) were released by: Streetinsider.com and their article: “Enphase Energy (ENPH) and Panasonic Enter Strategic Partnership for High …” published on February 12, 2018 as well as Seekingalpha.com‘s news article titled: “Enphase Energy +16% on Panasonic AC module partnership” with publication date: February 13, 2018.

Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells microinverter systems for residential and commercial markets in the United States and internationally. The company has market cap of $235.42 million. The company's semiconductor microinverter system converts direct current electricity to alternating current electricity at the individual solar module level. It currently has negative earnings. It also offers energy storage systems, including its AC battery; and energy monitoring and control services.

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