Traders Recap: LICO ENERGY METALS COM NPV (WCTXF), ReneSola Ltd (SOL), Enphase Energy Inc (ENPH)

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) reported the plunge of -2.44% and closed at $0.0800, with the total traded volume of 37,703.00 shares. During last trade its minimum price was $0.08 and it gained its highest price of $0.09 and has a total of 106.68 million outstanding shares.

LICO ENERGY METALS COM NPV (OTCMKTS:WCTXF) on September 12, 2017 announced that it is planning to start a Phase 1 diamond drilling on its Teledyne and Glencore Bucke cobalt properties situated in Bucke Township, 6 km east-northeast of Cobalt, Ontario. A minimum 1,500 m diamond drill program is planned to commence approximately on September 21st, 2017, by a reputable diamond drill contractor.

In 1981, Teledyne Canada Ltd. leased the Glencore Bucke Property from Falconbridge Nickel Mines Ltd. as they recognized the exploration potential that the Property had due the possible southern extension of the #3 vein located on the Cobalt Contact Property to the north. In the same year, Teledyne completed 36 diamond drill holes totaling 3,323.3 m, and delineated two zones of mineralization measure approximately 150 m and 70 m in length. The most significant results include 2.12% Co over 1.01 m in diamond drill hole T-18, 0.62% Co over 2.74 m in diamond drill hole T-23, 0.66% Co over 0.73 m, 1.68% Co over 0.46 m in diamond drill hole T-30, and 0.36% Co, 41 oz/t Ag over 0.58 m in diamond drill hole T-37 (Bresee, 1982). The historical reported intersections represent core lengths, and not true widths.

Initially, on the Glencore Bucke Property, the first few holes of the program will be oriented to confirm results from historical drilling completed by Teledyne Canada Ltd., and then followed by step out drill holes to expand the mineralized zones.

ReneSola Ltd (NYSE:SOL) reported the decline of -3.08%, after closing price for the day was $2.20. Its total trading volume for the day was 105,370.00 shares, versus its average volume of 41,690.00 shares.

ReneSola Ltd (NYSE:SOL) on September 5, 2017 announced that it signed an agreement to sell a portfolio of its ground-mounted projects located in North Carolina, United States to a subsidiary of Panda Green Energy Group Limited, a leading investor and operator focusing on renewable energy sector (“Panda Green Energy”, formerly known as “United Photovoltaics Group Limited”).

Powered by ReneSola’s Virtus II 320W and 325W modules, the ground-mounted projects have an aggregate capacity of approximately 24MW and will sell the power generated to a local utility under a 15-year power purchase agreement. The projects are expected to be connected to the grid by December 2017.

Enphase Energy Inc (NASDAQ:ENPH) showing jumped of +0.78% and closed at $1.30, after gaining total volume of 342,995.00 shares. Its earnings per share (EPS) is -$1.06 and its beta value stands at 1.03 points and has total market capitalization of $109.96 million and a total of 84.58 million outstanding shares.

Enphase Energy Inc (NASDAQ:ENPH) on September 6, 2017 announced that its Board of Directors has appointed Badri Kothandaraman as the Company’s new President and Chief Executive Officer and member of its Board of Directors. Mr. Kothandaraman succeeds Paul Nahi, who resigned as President and CEO and a member of the Company’s Board of Directors, effective August 8, 2017.

Prior to joining Enphase in April 2017 as chief operating officer, Kothandaraman gained strong technical, operational, strategy, and leadership experience during his 21-year career at Cypress Semiconductor.  An engineer by training, Kothandaraman received his B.Tech degree from IIT Madras and an M.S. degree in materials science from U.C. Berkeley. He started his career with Cypress Semiconductor in 1995 and worked in process technology development and chip design before becoming vice president of the Asynchronous SRAM Business in 2008. Kothandaraman was subsequently promoted to executive vice president of Cypress’s Data Communications Division in November 2011 and spent the next five years building the USB 3.0, USB-C and the Internet of Things businesses. He also served as the executive director of Cypress Semiconductor Technology India Private Limited from 2012 to 2016. Kothandaraman attended the Stanford Executive Program in 2008 and holds eight U.S. patents.

Enphase Energy, Inc. (ENPH) Going Through Hard Times This Year

Enphase Energy, Inc. (NASDAQ:ENPH) shares saw a recent bid of $0.99 and 2.11M shares have exchanged hands in the recent trading session, yielding a 23.75% gain over the past week.ENPH price increased 11.52% or $-0.1 versus $0.89 at the end of the prior session. This change led market cap to move at $81.68M, putting the price -51.23% below the 52-week high and 52.28% above the 52-week low. The company’s stock has a normal trading capacity of 876.60K shares while the relative volume is 2.41.

Is Enphase Energy, Inc. (NASDAQ:ENPH) Worth Buying?

By historical standards, Enphase Energy, Inc. (NASDAQ:ENPH) remains a cheap stock. ENPH’s current price-earnings ratio amounts above the average P/E ratio of 15.55 times earnings. For now, ENPH is the toast of Wall Street as its ABR stands at 2.60 with 1 out of 7 analysts rating the stock a buy. Over the short term, some market observers may have noticed that It has a 7.01% short float with 15 days to cover. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Company has far performed well this year, with the share price down -1.98% since January. Over the past 2 quarters, Enphase Energy, Inc. (NASDAQ:ENPH) is down -40.36%, compared with a fall of nearly -23.26% for 3 months and about 11.49% for the past 30 days.

Enphase Energy, Inc. (ENPH) Has Mean Target Price of $2.00

To stay one step ahead we extended our research by comparing different price targets. Enphase Energy, Inc. (NASDAQ:ENPH) notched a 12-month high of $1.58 while $2.00 target is by far the most aggressive out of analysts who are currently evaluating ENPH, $0.42 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $0.90, which would be decrease of about -9% of its current value. The mean target of $2.00 should be compared with the price when the stock was languishing around $0.65 a share. And it remains to be seen which target price ENPH can achieve without sacrificing much as the company is holding a -43.75% fall for the past twelve months.

Enphase Energy, Inc. Revenue Estimate is $301.7 Million

Revenue for the quarter also did not kill consensus, coming in at $54.75 Million, compared to the consensus of 62.72 Million. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $-0.04. The company is expected to report EPS as high as $0.05 and as low as $-0.06 per share. Similarly, full-year EPS forecasts have ranged between $-0.57 and $-0.47. The mean EPS estimate is $-0.52. On the other side, sales forecasts for the current quarter are $85.41 Million. The stock is expected to report revenue as high as $101.9 Million and as low as $73.9 Million per share. Similarly, full-year sales forecasts have ranged between $270.6 Million and $348.8 Million. The mean revenue estimate is $301.7 Million.

Over the last 5 years, Enphase Energy, Inc. has averaged a -10.20% YoY EPS growth rate and a 16.60% revenue growth rate. Analysts are expecting EPS growth rates to be at -169.90% this quarter and EPS estimate for next year reflect 106.70% growth rate.

What Guru’s think About Is Enphase Energy, Inc. (NASDAQ:ENPH)

Sell-side analysts also have something to say about this ENPH. Deutsche Bank raised its rating on Enphase Energy, Inc. to Hold on 20/06/2017 in a reversal from its prior Sell rating. Oppenheimer raised its rating on Enphase Energy, Inc. to Outperform on 02/11/2016 in a reversal from its prior Perform rating. Avondale raised its rating on Enphase Energy, Inc. to Mkt Outperform on 02/11/2016 in a reversal from its prior Mkt Perform rating. ROTH Capital raised its rating on Enphase Energy, Inc. to Buy on 16/12/2015 in a reversal from its prior Neutral rating.

Comparing Price Charts: Immunomedics, Inc. (IMMU), Enphase Energy, Inc. (ENPH)

Immunomedics, Inc. (NASDAQ:IMMU) was up 2.89% at $8.91 on Monday, in a 52-week range of $2.02 to $9.51 and with a consensus analyst target price of $12.50. As for the mean price target, it implies upside of 44.34% from the $8.66 prior closing price. Immunomedics, Inc. has a 977.96M market cap and its past year revenues were 3.40M. Going from the most negative analyst price target to above consensus is one thing. Now Immunomedics, Inc.’s current price is $6.09 shy of the official highest sell-side analyst price target on Wall Street.

Immunomedics, Inc. (NASDAQ:IMMU) has risen 142.78% since January and is down -1.33% for the past week. The share price of IMMU has risen by over 103.42% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how Immunomedics, Inc. current price compares to its recent moving averages. Immunomedics, Inc. is currently trading 1.80% above its 20-day and 68.27% versus the 200-day simple moving averages while 9.72% compared with its 50-day simple moving average. Additionally, Immunomedics, Inc. (IMMU) stock price has gone up by 2.06% over the last 20 trading days, and its price is -6.31% below the 52-week high.

For a total return analysis, there is the -132.90% return on equity and the 138.50% return on assets to consider. According to the past 12 months report, the income was almost $-115.90M and sales remained $3.40M. Its price to sales ratio of 282.37 ranks higher than the industry’s 100.22. Its price/book multiple compared with the 19.49 while its free cash flow yield should be matched with that of its industry’s 110.96.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.48. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

Enphase Energy, Inc. (NASDAQ:ENPH) shares were last seen up 2.83% at $0.89, which is 77.91% higher than the previous trading session. The 52-week range is $0.65 to $2.03 and the consensus target price is $1.53. The company has a market cap of $73.24M and its 12 month revenue was almost $313.20M. The stock has been upbeat for quite some time as is up 2.27% for the last 20 trading days, and now the firm’s performance is turning out to be bullish with a 11.66% gain for the week. It has fall by over -52.02% in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now Enphase Energy, Inc. $1.53 target price is just $0.47 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Their price objective ranges between $0.90 and $2.00.

For a profitability analysis, there is the 17.00% gross margin and the -23.00% net margin to consider. According to the past 5 years report, the company on average reported -10.20% year-over-year EPS growth and sales growth was recorded at 16.60%. Its forward price to earnings ratio ranks lower than the industry’s 15.70. Its quick ratio was 1.60 while current ratio was noted as 2.20 in the most recent quarter.

Comparing Price Charts: Enphase Energy, Inc. (ENPH), Keane Group, Inc. (FRAC)

Enphase Energy, Inc. (NASDAQ:ENPH) was up 2.18% at $0.86 on Friday, in a 52-week range of $0.65 to $2.03 and with a consensus analyst target price of $1.53. As for the mean price target, it implies upside of 82.14% from the $0.84 prior closing price. Enphase Energy, Inc. has a 71.22M market cap and its past year revenues were 313.20M. Going from the most negative analyst price target to above consensus is one thing. Now Enphase Energy, Inc.’s current price is $1.14 shy of the official highest sell-side analyst price target on Wall Street.

Enphase Energy, Inc. (NASDAQ:ENPH) has declined -14.52% since January and is up 4.66% for the past week. The share price of ENPH has declined by over -53.34% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how Enphase Energy, Inc. current price compares to its recent moving averages. Enphase Energy, Inc. is currently trading 3.65% above its 20-day and -26.31% versus the 200-day simple moving averages while 7.19% compared with its 50-day simple moving average. Additionally, Enphase Energy, Inc. (ENPH) stock price has gone up by 4.34% over the last 20 trading days, and its price is -57.47% below the 52-week high.

For a total return analysis, there is the -182.30% return on equity and the -915.20% return on assets to consider. According to the past 12 months report, the income was almost $-72.00M and sales remained $313.20M. Its price to sales ratio of 0.23 ranks lower than the industry’s 2.88. Its price/book multiple of 9.74 compared with the 4.15 while its free cash flow yield should be matched with that of its industry’s 11.82.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.05. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

Keane Group, Inc. (NYSE:FRAC) shares were last seen down -5.07% at $15.36, which is 18.6% higher than the previous trading session. The 52-week range is $12.42 to $22.93 and the consensus target price is $19.19. The company has a market cap of $1.67B and its 12 month revenue was almost $599.50M. The stock has been upbeat for quite some time as is up 11.22% for the last 20 trading days, and now the firm’s performance is turning out to be bearish with a -4.89% fall for the week. It has fall by over – in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now Keane Group, Inc. $19.19 target price is just $5.81 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Their price objective ranges between $16.00 and $25.00.

For a profitability analysis, there is the 6.80% gross margin to consider. According to the past 5 years report, Its forward price to earnings ratio ranks lower than the industry’s 29.52. Its quick ratio was 1.70 while current ratio was noted as 1.80 in the most recent quarter.

This Is Very Likely to Affect: Enphase Energy, Inc. (ENPH), The Children’s Place, Inc. (PLCE)

Enphase Energy, Inc. (NASDAQ:ENPH) was up 1.81% at $0.82 on Friday, in a 52-week range of $0.65 to $2.03 and with a consensus analyst target price of $1.53. As for the mean price target, it implies upside of 88.89% from the $0.81 prior closing price. Enphase Energy, Inc. has a 68.29M market cap and its past year revenues were 313.20M. Going from the most negative analyst price target to above consensus is one thing. Now Enphase Energy, Inc.’s current price is $1.18 shy of the official highest sell-side analyst price target on Wall Street.

Enphase Energy, Inc. (NASDAQ:ENPH) has declined -18.33% since January and is up 3.28% for the past week. The share price of ENPH has declined by over -39.35% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how Enphase Energy, Inc. current price compares to its recent moving averages. Enphase Energy, Inc. is currently trading -0.72% below its 20-day and -30.16% versus the 200-day simple moving averages while -1.72% compared with its 50-day simple moving average. Additionally, Enphase Energy, Inc. (ENPH) stock price has gone up by 3.58% over the last 20 trading days, and its price is -59.36% below the 52-week high.

For a total return analysis, there is the -182.30% return on equity and the -915.20% return on assets to consider. According to the past 12 months report, the income was almost $-72.00M and sales remained $313.20M. Its price to sales ratio of 0.22 ranks lower than the industry’s 2.77. Its price/book multiple of 9.31 compared with the 4.12 while its free cash flow yield should be matched with that of its industry’s 12.80.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.05. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

The Children’s Place, Inc. (NASDAQ:PLCE) shares were last seen down -2.88% at $104.65, which is 21.58% higher than the previous trading session. The 52-week range is $70.90 to $125.30 and the consensus target price is $131.00. The company has a market cap of $1.90B and its 12 month revenue was almost $1.80B. The stock has been downbeat for quite some time as is down -2.74% for the last 20 trading days, and now the firm’s performance is turning out to be bearish with a -2.42% fall for the week. It has gain by over 25.84% in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now The Children’s Place, Inc. $131.00 target price is just $19 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bullish about the stock with overall sell-side analysts calling it a not a Buy. Their price objective ranges between $112.00 and $150.00.

For a profitability analysis, there is the 37.50% gross margin and the 6.20% net margin to consider. According to the past 5 years report, the company on average reported 13.30% year-over-year EPS growth and sales growth was recorded at 0.80%. Its forward price to earnings ratio of 17.21 ranks lower than the industry’s 39.85. Its quick ratio was 1.00 while current ratio was noted as 1.90 in the most recent quarter.

This Is Very Likely to Affect: Gold Resource Corp (GORO), Enphase Energy, Inc. (ENPH)

Gold Resource Corp (NYSE:GORO) was up 1.75% at $4.08 on Wednesday, in a 52-week range of $3.08 to $8.20 and with a consensus analyst target price of $3.50. As for the mean price target, it implies downside of -12.72% from the $4.01 prior closing price. Gold Resource Corp has a 231.73M market cap and its past year revenues were 90.20M. Going from the most negative analyst price target to above consensus is one thing. Now Gold Resource Corp’s current price is $9.45 shy of the official highest sell-side analyst price target on Wall Street.

Gold Resource Corp (NYSE:GORO) has declined -6.21% since January and is up 6.25% for the past week. The share price of GORO has declined by over -0.49% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how Gold Resource Corp current price compares to its recent moving averages. Gold Resource Corp is currently trading 5.45% above its 20-day and -14.80% versus the 200-day simple moving averages while 11.01% compared with its 50-day simple moving average. Additionally, Gold Resource Corp (GORO) stock price has gone up by 16.57% over the last 20 trading days, and its price is -50.26% below the 52-week high.

For a total return analysis, there is the 3.10% return on equity and the 7.50% return on assets to consider. According to the past 12 months report, the income was almost $8.00M and sales remained $90.20M. Its price to sales ratio of 2.53 ranks lower than the industry’s 8.81. Its price/book multiple of 2.03 compared with the 1.61 while its free cash flow yield of 11.19 should be matched with that of its industry’s 10.27.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.23. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

Enphase Energy, Inc. (NASDAQ:ENPH) shares were last seen up 1.76% at $0.87, which is 80% higher than the previous trading session. The 52-week range is $0.65 to $2.14 and the consensus target price is $1.53. The company has a market cap of $69.46M and its 12 month revenue was almost $313.20M. The stock has been upbeat for quite some time as is up 15.33% for the last 20 trading days, and now the firm’s performance is turning out to be bullish with a 4.54% gain for the week. It has fall by over -55.64% in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now Enphase Energy, Inc. $1.53 target price is just $0.47 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bearish about the stock with overall sell-side analysts calling it a Buy. Their price objective ranges between $0.90 and $2.00.

For a profitability analysis, there is the 17.00% gross margin and the -23.00% net margin to consider. According to the past 5 years report, the company on average reported -10.20% year-over-year EPS growth and sales growth was recorded at 16.60%. Its forward price to earnings ratio ranks lower than the industry’s 14.82. Its quick ratio was 1.60 while current ratio was noted as 2.20 in the most recent quarter.

The Next Move In Enphase Energy, Inc. (ENPH), Karyopharm Therapeutics Inc. (KPTI)

Enphase Energy, Inc. (NASDAQ:ENPH) was up 4.91% at $0.87 on Thursday, in a 52-week range of $0.65 to $2.30 and with a consensus analyst target price of $1.57. As for the mean price target, it implies upside of 89.16% from the $0.83 prior closing price. Enphase Energy, Inc. has a 75.07M market cap and its past year revenues were 313.20M. Going from the most negative analyst price target to above consensus is one thing. Now Enphase Energy, Inc.’s current price is $1.13 shy of the official highest sell-side analyst price target on Wall Street.

Enphase Energy, Inc. (NASDAQ:ENPH) has declined -14.06% since January and is up 9.86% for the past week. The share price of ENPH has decreased by over -31.65% in the last six months. This increase is typical for the uptrend and shows the considerable optimism among investors.

A look at some of the inputs to technical analysis model shows how Enphase Energy, Inc. current price compares to its recent moving averages. Enphase Energy, Inc. is currently trading 11.42% above its 20-day and -29.91% versus the 200-day simple moving averages while -10.02% compared with its 50-day simple moving average. Additionally, Enphase Energy, Inc. (ENPH) stock price has gone up by 13.43% over the last 20 trading days, and its price is -62.26% below the 52-week high.

For a total return analysis, there is the -182.30% return on equity and the -915.20% return on assets to consider. According to the past 12 months report, the income was almost $-72.00M and sales remained $313.20M. Its price to sales ratio of 0.22 ranks lower than the industry’s 2.18. Its price/book multiple of 9.33 compared with the 3.96 while its free cash flow yield should be matched with that of its industry’s 12.47.

The Average True Range indicator applied to a daily chart of Apple has a current ATR reading of 0.06. This gives traders an indication of how much volatility or movement they can expect each day. Average True Range looks at the distance the price is traveling each day and plots it on a graph. The ATR reading can then be used by traders to determine when markets are most likely to range, when there is a high interest in a trend, or when extreme levels are being reached indicating a reversal.

Karyopharm Therapeutics Inc. (NASDAQ:KPTI) shares were last seen up 4.84% at $9.96, which is 71.26% higher than the previous trading session. The 52-week range is $6.27 to $14.63 and the consensus target price is $16.27. The company has a market cap of $474.39M and its 12 month revenue was almost $0.20M. The stock has been upbeat for quite some time as is up 4.51% for the last 20 trading days, and now the firm’s performance is turning out to be bullish with a 8.50% gain for the week. It has gain by over 29.69% in the last twelve months.

Going from the most bullish analyst price target to below consensus is one thing. Now Karyopharm Therapeutics Inc. $16.27 target price is just $5.73 shy of the official lowest sell-side analyst price target on Wall Street. It looks like analysts are feeling bullish about the stock with overall sell-side analysts calling it a not a Buy. Their price objective ranges between $9.00 and $22.00.

For a profitability analysis, According to the past 5 years report, the company on average reported -50.90% year-over-year EPS growth and sales growth was recorded at 0.30%. Its forward price to earnings ratio ranks lower than the industry’s 244.33. Its quick ratio was 7.20 while current ratio was noted as 7.20 in the most recent quarter.

Time To Rake In Healthy Returns From Enphase Energy, Inc. (ENPH)

Enphase Energy, Inc. (ENPH) shares saw a recent bid of $0.84 and 2.12M shares have exchanged hands in the recent trading session, yielding a 2.38% gain over the past week. The stock price increased 5.21% or $-0.04 versus $0.80 at the end of the prior session. This change led market cap to move at $72.60M, putting the price -63.50% below the 52-week high and 29.12% above the 52-week low. The company’s stock has a normal trading capacity of 778.20K shares while the relative volume is 2.73.

To stay one step ahead we extended our research by comparing different price targets. The stock notched a 12-month high of $1.57 while $2.00 target is by far the most aggressive out of analysts who are currently evaluating the company, $0.43 higher than the next highest 52-week price estimate. The lowest 12-month price target for the shares is $1.00, which would be an increase of about 19% of its current value. The mean target of $1.63 should be compared with the price when the stock was languishing around $0.65 a share. And it remains to be seen which target price ENPH can achieve without sacrificing much as the company is holding a -60.78% fall for the past twelve months.

By historical standards, Enphase Energy, Inc. remains a cheap stock. The company’s current price-earnings ratio amounts above the average P/E ratio of 15.39 times earnings. For now, Enphase Energy, Inc. is the toast of Wall Street as its ABR stands at 2.80 with 1 out of 8 analysts rating the stock a buy. Over the short term, some market observers may have noticed that Enphase Energy, Inc. has a 4.25% short float with 15 days to cover. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Enphase Energy, Inc. has far performed well this year, with the share price down -16.89% since January. Over the past 2 quarters, the stock is down -32.31%, compared with a fall of nearly -32.85% for 3 months and about 15.94% for the past 30 days.

Revenue for the quarter also did not kill consensus, coming in at $54.75M, compared to the consensus of 62.72M. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $-0.13. The company is expected to report EPS as high as $-0.06 and as low as $-0.17 per share. Similarly, full-year EPS forecasts have ranged between $-0.57 and $-0.41. The mean EPS estimate is $-0.51. On the other side, sales forecasts for the current quarter are $74.73M. The stock is expected to report revenue as high as $77M and as low as $72.3M per share. Similarly, full-year sales forecasts have ranged between $270.6M and $348.8M. The mean revenue estimate is $303.27M.

Over the last 5 years, Enphase Energy, Inc. has averaged a -10.20% YoY EPS growth rate and a 16.60% revenue growth rate. Analysts are expecting EPS growth rates to be at -169.90% this quarter and EPS estimate for next year reflect 106.70% growth rate.

Sell-side analysts also have something to say about this company. Deutsche Bank raised its rating on Enphase Energy, Inc. to Hold on 20/06/2017 in a reversal from its prior Sell rating. Oppenheimer raised its rating on Enphase Energy, Inc. to Outperform on 02/11/2016 in a reversal from its prior Perform rating. Avondale raised its rating on Enphase Energy, Inc. to Mkt Outperform on 02/11/2016 in a reversal from its prior Mkt Perform rating. ROTH Capital raised its rating on Enphase Energy, Inc. to Buy on 16/12/2015 in a reversal from its prior Neutral rating.