Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Enlight Renewable Energy to post earnings of $0.51 per share and revenue of $396.61 million for the quarter. Enlight Renewable Energy has set its FY 2025 guidance at EPS.
Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.13) by $0.17. The business had revenue of $114.21 million during the quarter, compared to analyst estimates of $289.04 million. Enlight Renewable Energy had a net margin of 11.09% and a return on equity of 3.03%. On average, analysts expect Enlight Renewable Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Enlight Renewable Energy Price Performance
Shares of ENLT stock traded up $0.18 on Friday, hitting $16.55. 5,208 shares of the stock traded hands, compared to its average volume of 14,960. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.22 and a quick ratio of 0.53. Enlight Renewable Energy has a 52 week low of $14.01 and a 52 week high of $18.48. The firm has a 50 day simple moving average of $16.13 and a two-hundred day simple moving average of $16.35. The firm has a market cap of $1.91 billion, a price-to-earnings ratio of 45.97 and a beta of 1.24.
Analysts Set New Price Targets
ENLT has been the topic of a number of recent analyst reports. Wolfe Research cut Enlight Renewable Energy from an "outperform" rating to a "peer perform" rating in a report on Thursday, February 20th. Deutsche Bank Aktiengesellschaft started coverage on Enlight Renewable Energy in a report on Thursday, March 6th. They issued a "buy" rating and a $22.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price objective on shares of Enlight Renewable Energy from $17.00 to $18.00 and gave the company a "neutral" rating in a report on Thursday, January 23rd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $20.25.
View Our Latest Analysis on ENLT
About Enlight Renewable Energy
(
Get Free Report)
Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects.
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