Roth Capital Has Strong Forecast for ENLT FY2025 Earnings

Enlight Renewable Energy Ltd (NASDAQ:ENLT - Free Report) - Investment analysts at Roth Capital upped their FY2025 earnings per share (EPS) estimates for shares of Enlight Renewable Energy in a report issued on Wednesday, May 7th. Roth Capital analyst J. Clare now expects that the company will post earnings of $0.99 per share for the year, up from their prior estimate of $0.89. The consensus estimate for Enlight Renewable Energy's current full-year earnings is $0.41 per share. Roth Capital also issued estimates for Enlight Renewable Energy's Q4 2025 earnings at $0.01 EPS and FY2027 earnings at $0.60 EPS.

Enlight Renewable Energy (NASDAQ:ENLT - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $0.75 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.24. The business had revenue of $129.87 million during the quarter, compared to the consensus estimate of $396.61 million. Enlight Renewable Energy had a net margin of 11.09% and a return on equity of 3.03%.

A number of other brokerages have also recently weighed in on ENLT. Wolfe Research cut Enlight Renewable Energy from an "outperform" rating to a "peer perform" rating in a research note on Thursday, February 20th. Deutsche Bank Aktiengesellschaft started coverage on shares of Enlight Renewable Energy in a report on Thursday, March 6th. They set a "buy" rating and a $22.00 price target on the stock. Finally, JPMorgan Chase & Co. raised their price objective on shares of Enlight Renewable Energy from $17.00 to $18.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, Enlight Renewable Energy presently has an average rating of "Moderate Buy" and an average target price of $20.25.

Enlight Renewable Energy Stock Performance

NASDAQ:ENLT opened at $17.02 on Thursday. The company has a current ratio of 1.22, a quick ratio of 0.53 and a debt-to-equity ratio of 1.98. The company has a 50-day moving average of $16.11 and a 200-day moving average of $16.36. Enlight Renewable Energy has a twelve month low of $14.01 and a twelve month high of $18.48. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 47.28 and a beta of 1.24.

Institutional Investors Weigh In On Enlight Renewable Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Edmond DE Rothschild Holding S.A. lifted its holdings in Enlight Renewable Energy by 51.0% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 1,850 shares of the company's stock worth $32,000 after purchasing an additional 625 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in Enlight Renewable Energy during the fourth quarter valued at $145,000. Jane Street Group LLC acquired a new position in shares of Enlight Renewable Energy in the 4th quarter valued at about $196,000. TD Asset Management Inc acquired a new stake in Enlight Renewable Energy during the first quarter worth approximately $203,000. Finally, Tidal Investments LLC lifted its stake in Enlight Renewable Energy by 11.3% in the third quarter. Tidal Investments LLC now owns 18,241 shares of the company's stock valued at $308,000 after buying an additional 1,852 shares during the period. Institutional investors and hedge funds own 38.89% of the company's stock.

About Enlight Renewable Energy

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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