Analyst Ratings for SolarEdge Technologies Inc. (SEDG)Updated: 2017-07-28
SolarEdge Technologies Inc. (NASDAQ:SEDG) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for SEDG last month.
12 analysts issued ratings on the stock, where 8 gave SEDG a buy rating, 0 issued an overweight rating, 3 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has decreased by 2.
SEDG was given price targets by several analysts. The maximum price target given was 25, implying a possible profit of 10.62 percent. The most pessimistic price target was 11, implying a possible loss of -51.33 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes 15.59 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.05 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 18.51 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
The growth rate of SEDG's earnings is estimated by analysts to be -12.87 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of SEDG is -1.32.
In the last 52-weeks, SEDG has achieved a high of 22.90 and a low of 11.35. Today's price is 99.12 percent above the 52-week low, and 1.31 percent lower than its 52-week high. SEDG has a P/E ratio of 16.99. Investors typically compare the P/E ratio to a company's peers in the industry. The SEDG value stock report compares SEDG to some of its peers using value stock charts. The market cap of SEDG is $0.93528 billion. SEDG's next earnings release will be on 0000-00-00, which is days away.