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 minimum price target given was 11, implying a possible loss of -51.33 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 15.59 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.05 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 18.51 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
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, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. SEDG has a PEG ratio of -1.32.
In the trailing 52-weeks, SEDG hit 22.90 at the highest peak, while it's lowest trading point was 11.35. Today's price is 99.12 percent above the 52-week low, and 1.31 percent below the 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 will post this quarters earnings in days, on 0000-00-00.