Economy

Enphase Energy Inc (NASDAQ:ENPH) Institutional Investors Sentiment Drops in 2017 Q2

With 418,500 avg volume, 12 days are for Enphase Energy Incorporated (NASDAQ:ENPH)'s short sellers to cover ENPH's short positions.

Among 12 analysts covering Enphase Energy Inc (NASDAQ:ENPH), 5 have Buy rating, 0 Sell and 7 Hold. It has underperformed by 77.35% the S&P500.

September 26 investment analysts at Needham & Company LLC maintained a "Hold" rating on the company.

Some buy side analysts are also providing their Analysis on Enphase Energy, Inc., where 1 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 4 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. The company has a quick ratio of 1.30, a current ratio of 1.59 and a debt-to-equity ratio of -4.75. The stock of Innospec Inc. Monness Crespi & Hardt upgraded Innospec Inc. (NASDAQ:IOSP) on Tuesday, August 22 to "Buy" rating.

Investors sentiment decreased to 0.62 in 2017 Q2. Its down 0.48, from 1.1 in 2017Q1. Finally, Menta Capital LLC increased its position in shares of Enphase Energy by 98.7% in the second quarter. Cisco Sys Inc (NASDAQ:CSCO) was reduced too. Bancorp Of America Corp De holds 48,748 shares. Blackrock Inc has invested 0% in Enphase Energy Inc (NASDAQ:ENPH). Moreover, Tinicum Inc has 0.21% invested in the company for 763,500 shares. Morgan Stanley holds 0% of its portfolio in Enphase Energy Inc (NASDAQ:ENPH) for 27,556 shares. Gradient Lc holds 10,000 shares. Vanguard Gru Inc reported 0% stake. First Advsr L P accumulated 0% or 125,973 shares.

OLD WEST INVESTMENT MANAGEMENT, LLC lowered its stake in Enphase Energy, Inc. The Company offers microinverter systems to the residential and commercial markets in the United States, Canada, the United Kingdom, France, the Benelux region, certain other European markets, Australia and New Zealand. The Firm is engaged in designing, developing, manufacturing and selling microinverter systems for the solar photovoltaic industry. It now has negative earnings. Its semiconductor-based microinverter system converts direct current (DC) electricity to alternating current (AC) electricity at the individual solar module level. On average, equities research analysts forecast that Enphase Energy will post ($1.07) EPS for the current year. Therefore 42% are positive. ValuEngine raised shares of Enphase Energy from a strong sell rating to a sell rating in a report on Wednesday, September 27th. The rating was downgraded by Deutsche Bank to "Sell" on Tuesday, October 20. Enphase Energy, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President & CEO Kothandaraman Badrinarayanan has acquired 40,677 shares of Enphase Energy, Inc. As per Wednesday, November 2, the company rating was upgraded by Oppenheimer. TH Capital has "Neutral" rating and $1.90 target. The stock witnessed 66.91% gains, 195.58% gains and 203.27% gains for the 1-month, 3-month and 6-month period, respectively. The company was maintained on Friday, September 22 by Cowen & Co. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.04. Roth Capital maintained Enphase Energy Inc (NASDAQ:ENPH) rating on Monday, November 2. Roth Capital has "Buy" rating and $4.50 target.

Several other research firms have also weighed in on ENPH. The company's 50 day moving average is $1.20 and its 200-day moving average is $1.79. They expect $1.13 earnings per share, up 3.67% or $0.04 from last year's $1.09 per share. Robecosam AG now owns 1,720,000 shares of the company's stock worth $3,939,000 after buying an additional 135,000 shares during the last quarter.



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