ENPH has recently pulled back to the bottom of the consolidation zone and will most likely head to go to 172$ which is a 20% ROI and they also will most likely return to all-time highs which would offer a 50% ROI .
The indicates that it's oversold
The indicates that it's relatively oversold
The indicates that the selling is getting exhausted so we will most likely see a reversal coming.
When To Buy:
When To Sell:
Wherever you feel more comfortable either at 172$ or 215$.
Fundamentals: Enphase Energy engages in the design, development, manufacture, and sale of microinverter systems for the solar photovoltaic industry. They have a P/E of 160, a P/S of 24, a debt/equity of 0.68, sales growth Q/Q of 26%, an EPS growth Q/Q of -43% and a profit margin of 17%.
Rating: 80/100 the technicals look amazing but their valuation is quite expensive so they deserve a 80/100.
I hope you enjoyed this quick analysis and many more to come.
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