NASDAQ:SEDG - Solaredge Technologies Stock Price, News, & Analysis

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$53.47 -1.49 (-2.71 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$54.96
Today's Range$53.00 - $54.9550
52-Week Range$32.42 - $61.75
Volume443,508 shs
Average Volume701,870 shs
Market Capitalization$2.54 billion
P/E Ratio19.88
Dividend YieldN/A
Beta0.26
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. Its SolarEdge system consists of power optimizers, inverters, communication and smart energy management solutions, and a cloud based monitoring platform. The company's products are used in a range of solar market segments, such as residential, commercial, and small utility-scale solar installations. It also provides pre-sales support, ongoing trainings, and technical support and after installation services; and lithium-ion cells, batteries, and energy storage solutions for various industries, including energy storage systems, residential and commercial solar systems, uninterruptible power supplies, electric vehicles, aerospace, marine, and others. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:SEDG
CUSIPN/A
Phone972-9957-6620

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$937.24 million
Cash Flow$3.0433 per share
Book Value$14.67 per share

Profitability

Net Income$128.83 million

Miscellaneous

Employees1,737
Market Cap$2.54 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

Solaredge Technologies (NASDAQ:SEDG) Frequently Asked Questions

What is Solaredge Technologies' stock symbol?

Solaredge Technologies trades on the NASDAQ under the ticker symbol "SEDG."

How were Solaredge Technologies' earnings last quarter?

Solaredge Technologies Inc (NASDAQ:SEDG) posted its quarterly earnings data on Monday, May, 6th. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.53 by $0.14. The semiconductor company earned $271.90 million during the quarter, compared to the consensus estimate of $266.11 million. Solaredge Technologies had a net margin of 11.23% and a return on equity of 19.57%. The business's revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 EPS. View Solaredge Technologies' Earnings History.

When is Solaredge Technologies' next earnings date?

Solaredge Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Solaredge Technologies.

What guidance has Solaredge Technologies issued on next quarter's earnings?

Solaredge Technologies updated its second quarter 2019 earnings guidance on Monday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $310-320 million, compared to the consensus revenue estimate of $282.1 million.

What price target have analysts set for SEDG?

8 equities research analysts have issued 1-year target prices for Solaredge Technologies' stock. Their forecasts range from $29.00 to $70.00. On average, they anticipate Solaredge Technologies' stock price to reach $54.75 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price. View Analyst Price Targets for Solaredge Technologies.

What is the consensus analysts' recommendation for Solaredge Technologies?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solaredge Technologies in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Solaredge Technologies.

Has Solaredge Technologies been receiving favorable news coverage?

Media headlines about SEDG stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Solaredge Technologies earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned news articles about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

Who are some of Solaredge Technologies' key competitors?

What other stocks do shareholders of Solaredge Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Solaredge Technologies investors own include Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), salesforce.com (CRM), Tesla (TSLA), Intel (INTC), Adobe (ADBE), Paypal (PYPL) and Boeing (BA).

Who are Solaredge Technologies' key executives?

Solaredge Technologies' management team includes the folowing people:
  • Mr. Lior Handelsman, VP of Marketing & Product Strategy and Founder (Age 44)
  • Mr. Yoav Galin, VP of R&D and Founder (Age 45)
  • Mr. Ronen Faier CPA, Chief Financial Officer (Age 48)
  • Mr. Zvi Lando, VP of Global Sales (Age 54)
  • Mr. Guy Sella, Co-Founder, Chairman & CEO (Age 55)

When did Solaredge Technologies IPO?

(SEDG) raised $119 million in an IPO on Thursday, March 26th 2015. The company issued 7,000,000 shares at $16.00-$18.00 per share. Goldman Sachs and Deutsche Bank Securities served as the underwriters for the IPO and Needham, Canaccord Genuity and Roth Capital Partners were co-managers.

Who are Solaredge Technologies' major shareholders?

Solaredge Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.91%), Menora Mivtachim Holdings LTD. (5.91%), OppenheimerFunds Inc. (4.25%), Meitav Dash Investments Ltd. (3.86%), Clal Insurance Enterprises Holdings Ltd (3.54%) and Psagot Investment House Ltd. (1.90%). Company insiders that own Solaredge Technologies stock include Doron Inbar, Guy Sella, Lior Handelsman, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Institutional Ownership Trends for Solaredge Technologies.

Which institutional investors are selling Solaredge Technologies stock?

SEDG stock was sold by a variety of institutional investors in the last quarter, including Meitav Dash Investments Ltd., Goldman Sachs Group Inc., North Growth Management Ltd., Menora Mivtachim Holdings LTD., Oregon Public Employees Retirement Fund, Bank of Montreal Can, Renaissance Technologies LLC and Harel Insurance Investments & Financial Services Ltd.. Company insiders that have sold Solaredge Technologies company stock in the last year include Guy Sella, Meir Adest and More Avery. View Insider Buying and Selling for Solaredge Technologies.

Which institutional investors are buying Solaredge Technologies stock?

SEDG stock was acquired by a variety of institutional investors in the last quarter, including Clal Insurance Enterprises Holdings Ltd, BlackRock Inc., Amundi Pioneer Asset Management Inc., Barry Investment Advisors LLC, Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC and Ibex Investors LLC. View Insider Buying and Selling for Solaredge Technologies.

How do I buy shares of Solaredge Technologies?

Shares of SEDG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Solaredge Technologies' stock price today?

One share of SEDG stock can currently be purchased for approximately $53.47.

How big of a company is Solaredge Technologies?

Solaredge Technologies has a market capitalization of $2.54 billion and generates $937.24 million in revenue each year. The semiconductor company earns $128.83 million in net income (profit) each year or $2.69 on an earnings per share basis. Solaredge Technologies employs 1,737 workers across the globe.

What is Solaredge Technologies' official website?

The official website for Solaredge Technologies is http://www.solaredge.com/.

How can I contact Solaredge Technologies?

Solaredge Technologies' mailing address is 1 HAMADA STREET, HERZILIYA PITUACH L3, 4673335. The semiconductor company can be reached via phone at 972-9957-6620 or via email at [email protected]


MarketBeat Community Rating for Solaredge Technologies (NASDAQ SEDG)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  431 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  718
MarketBeat's community ratings are surveys of what our community members think about Solaredge Technologies and other stocks. Vote "Outperform" if you believe SEDG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SEDG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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