$-0.09 EPS Expected for Enphase Energy Inc (ENPH)

October 15, 2017 - By Adrian Mccoy

 $ 0.09 EPS Expected for Enphase Energy Inc (ENPH)
Investors sentiment decreased to 0.62 in 2017 Q2. Its down 0.48, from 1.1 in 2017Q1. It turned negative, as 12 investors sold Enphase Energy Inc shares while 14 reduced holdings. 9 funds opened positions while 7 raised stakes. 14.02 million shares or 32.42% less from 20.75 million shares in 2017Q1 were reported.
Susquehanna Int Grp Llp accumulated 10,464 shares. Tinicum reported 0.21% in Enphase Energy Inc (NASDAQ:ENPH). Citadel Advsrs Ltd Company has invested 0% in Enphase Energy Inc (NASDAQ:ENPH). Northern Trust Corp reported 0% of its portfolio in Enphase Energy Inc (NASDAQ:ENPH). Electron Prtnrs Limited holds 0.73% of its portfolio in Enphase Energy Inc (NASDAQ:ENPH) for 4.31 million shares. Fuller Thaler Asset Management Inc holds 0.01% in Enphase Energy Inc (NASDAQ:ENPH) or 662,500 shares. Emerald Mutual Fund Advisers Trust stated it has 268,600 shares or 0.01% of all its holdings. Gradient Limited Liability Company has invested 0% in Enphase Energy Inc (NASDAQ:ENPH). White Pine Limited Co reported 21,000 shares. Barclays Public Ltd Com stated it has 5,000 shares. Jpmorgan Chase & Communications holds 0% of its portfolio in Enphase Energy Inc (NASDAQ:ENPH) for 966 shares. Creative Planning reported 0% in Enphase Energy Inc (NASDAQ:ENPH). Jacobs Levy Equity Mgmt invested in 21,594 shares. Boothbay Fund Mngmt Ltd Liability Corporation invested in 0.01% or 66,535 shares. Blackrock reported 612,600 shares.

Analysts await Enphase Energy Inc (NASDAQ:ENPH) to report earnings on November, 7. They expect $-0.09 earnings per share, up 73.53 % or $0.25 from last year’s $-0.34 per share. After $-0.09 actual earnings per share reported by Enphase Energy Inc for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. The stock decreased 1.42% or $0.02 on October 13, reaching $1.39. About 311,122 shares traded. Enphase Energy Inc (NASDAQ:ENPH) has declined 60.65% since October 15, 2016 and is downtrending. It has underperformed by 77.35% the S&P500.

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 has $30 highest and $0.9000 lowest target. $3.36’s average target is 141.73% above currents $1.39 stock price. Enphase Energy Inc had 28 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was downgraded by Canaccord Genuity on Wednesday, November 4 to “Hold”. The firm earned “Strong Buy” rating on Tuesday, September 15 by Needham. The company was initiated on Wednesday, September 9 by Oppenheimer. Roth Capital maintained Enphase Energy Inc (NASDAQ:ENPH) on Thursday, June 22 with “Hold” rating. Dougherty & Company downgraded Enphase Energy Inc (NASDAQ:ENPH) on Friday, July 24 to “Neutral” rating. As per Monday, October 26, the company rating was upgraded by Goldman Sachs. As per Wednesday, November 4, the company rating was maintained by Deutsche Bank. The rating was upgraded by Oppenheimer on Wednesday, November 2 to “Outperform”. On Friday, September 23 the stock rating was maintained by Deutsche Bank with “Sell”. As per Wednesday, November 2, the company rating was upgraded by Avondale.

Enphase Energy, Inc. is a provider of energy management solutions. The company has market cap of $117.57 million. The Firm is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. It currently has negative earnings. The Company’s semiconductor microinverter system converts direct current electricity to alternating current (AC) electricity.

More notable recent Enphase Energy Inc (NASDAQ:ENPH) news were published by: Seekingalpha.com which released: “Enphase Energy Revival” on July 14, 2017, also Seekingalpha.com with their article: “Enphase Energy, Inc: Q3 Cash Flow Model” published on August 14, 2017, Seekingalpha.com published: “Enphase Energy And The Potential Impact Of Hurricane Suniva” on September 26, 2017. More interesting news about Enphase Energy Inc (NASDAQ:ENPH) were released by: Globenewswire.com and their article: “Enphase Energy and Waaree Energies Join Forces to Deliver Smarter Solar in India” published on September 20, 2017 as well as Seekingalpha.com‘s news article titled: “Enphase Energy Inc: Beware The Hype” with publication date: July 17, 2017.

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