There is no doubt that Enphase Energy Inc (ENPH) ticks all the boxes.

With 5.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.06 shares. The 52-week range on ENPH shows that it touched its highest point at $231.42 and its lowest point at $73.49 during that stretch. It currently has a 1-year price target of $127.75. Beta for the stock currently stands at 1.46.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ENPH was up-trending over the past week, with a rise of 20.35%, but this was up by 4.19% over a month. Three-month performance surged to 59.26% while six-month performance fell -10.25%. The stock lost -44.04% in the past year, while it has lost -7.32% so far this year. A look at the trailing 12-month EPS for ENPH yields 3.07 with Next year EPS estimates of 5.45. For the next quarter, that number is 0.44. This implies an EPS growth rate of -22.31% for this year and 59.08% for next year.

Float and Shares Shorts:

At present, 135.72 million ENPH shares are outstanding with a float of 131.41 million shares on hand for trading. On Jan 31, 2024, short shares totaled 10.35 million, which was 7.58% higher than short shares on Dec 29, 2023. In addition to Mr. Badrinarayanan Kothandaraman as the firm’s President, CEO & Director, Ms. Mandy Yang serves as its VP & CFO.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ENPH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With ENPH analysts setting a high price target of $173.00 and a low target of $69.00, the average target price over the next 12 months is $127.75. Based on these targets, ENPH could surge 41.26% to reach the target high and fall by -43.66% to reach the target low. Reaching the average price target will result in a growth of 4.31% from current levels.

Summary of Insider Activity:

Insiders traded ENPH stock several times over the past three months with 1 Buys and 0 Sells. In these transactions, 1,118 shares were bought while 0 shares were sold. The number of buy transactions has increased to 35 while that of sell transactions has risen to 23 over the past year. The total number of shares bought during that period was 1,697,068 while 244,212 shares were sold.