Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Enlight Renewable Energy (ENLT)
NASDAQ:ENLT
RESEARCH TOOLSreports
Enlight Renewable Energy (ENLT) Stock Price & Analysis
31 Followers
ENLT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$12.11 - $20.44
Previous Close$16.58
Volume51.86K
Average Volume (3M)40.47K
Market Cap
$1.95B
Enterprise Value$4.19B
Total Cash (Recent Filing)₪409.11M
Total Debt (Recent Filing)₪2.37B
Price to Earnings (P/E)26.8
Beta0.98
Next Earnings
May 08, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.62
Shares Outstanding117,962,614
10 Day Avg. Volume12,134
30 Day Avg. Volume40,466
Standard Deviation1.18
R-Squared0.04
Alpha0.38
Financial Highlights & Ratios
Price to Book (P/B)2.27
Price to Sales (P/S)7.65
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$18.33Price Target Upside15.21% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Enlight Renewable Energy News
Bulls Say, Bears Say
Bulls Say
Financial StabilityEnlight is fully funded to execute on their mature project portfolio and continuing to identify and add new projects to its backlog.
Growth And ProfitabilityEnlight is fully funded to grow EBITDA 37% CAGR 2023-26E, has locked-in project returns, a strong pipeline of projects much further along the interconnection queue, and a diversified portfolio.
Risk ManagementDe-risked pricing with higher IRRs: The company has secured PPAs and confirmed energy tax credits adders on 86% of projects under development, which help de-risk unlevered project returns.
Bears Say
EarningsEnlight missed Q4 revenue estimates due to lower than expected revenues from Spanish wind projects.
Financial GuidanceManagement guided FY24 revenues and adjusted EBITDA below analyst estimates and consensus estimates.
Project DevelopmentSlower project ramp and conservatism in 2024 guidance likely stem from a slower ramp of new projects, project delays to later quarter completions, and lower merchant prices.
---
Ownership Overview
0.00%
Insiders
2.80% Mutual Funds
10.08% Other Institutional Investors
87.12% Public Companies and
Individual Investors
ENLT FAQ
What was Enlight Renewable Energy’s price range in the past 12 months?
Enlight Renewable Energy lowest stock price was $12.11 and its highest was $20.44 in the past 12 months.
What is Enlight Renewable Energy’s market cap?
Currently, no data Available
When is Enlight Renewable Energy’s upcoming earnings report date?
Enlight Renewable Energy’s upcoming earnings report date is May 08, 2024 which is in 13 days.
How were Enlight Renewable Energy’s earnings last quarter?
Enlight Renewable Energy released its earnings results on Feb 26, 2024. The company reported $0.083 earnings per share for the quarter, beating the consensus estimate of N/A by $0.083.
Is Enlight Renewable Energy overvalued?
According to Wall Street analysts Enlight Renewable Energy’s price is currently Undervalued.
Does Enlight Renewable Energy pay dividends?
Enlight Renewable Energy does not currently pay dividends.
What is Enlight Renewable Energy’s EPS estimate?
Enlight Renewable Energy’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Enlight Renewable Energy have?
Enlight Renewable Energy has 117,991,280 shares outstanding.
What happened to Enlight Renewable Energy’s price movement after its last earnings report?
Enlight Renewable Energy reported an EPS of $0.083 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -4.335%.
Which hedge fund is a major shareholder of Enlight Renewable Energy?
Currently, no hedge funds are holding shares in ENLT
---
Enlight Renewable Energy Stock Smart Score
Company Description
Enlight Renewable Energy
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services.
---
ENLT Company Deck
---
ENLT Earnings Call
Q4 2024
0:00 / 0:00
---
ENLT Stock 12 Months Forecast
Average Price Target
$18.33
▲(15.21% Upside)
Technical Analysis
Nextera Energy Partners
―
Clearway Energy
―
Atlantica Yield
―
Brookfield Renewable Partners
―
Best Analysts Covering ENLT
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
+0.53%
reiterated a buy rating 16 days ago
Copying Christine Cho CFA's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +0.53% per trade.
---