SolarEdge Technologies Company Profile (NASDAQ:SEDG)

About SolarEdge Technologies (NASDAQ:SEDG)

SolarEdge Technologies logoSolarEdge Technologies, Inc. offers an inverter solution for a solar photovoltaic (PV) system. The Company's products include SolarEdge Power Optimizer, SolarEdge Inverter, StorEdge Solutions and SolarEdge Monitoring Software. Its product roadmap consists of categories, including power optimizers, inverters, monitoring services, energy storage and smart energy management. The Company's power optimizers provide module-level maximum power point (MPP) tracking and real-time adjustments of current and voltage to the optimal working point of each individual PV module. The Company's solution consists of a direct current (DC) power optimizer, an inverter and a cloud-based monitoring platform that operates as a single integrated system.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Photovoltaic Solar Systems & Equipment
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SEDG
  • CUSIP: N/A
  • Web: www.solaredge.com
Capitalization:
  • Market Cap: $1.27935 billion
  • Outstanding Shares: 42,084,000
Average Prices:
  • 50 Day Moving Avg: $28.30
  • 200 Day Moving Avg: $28.30
  • 52 Week Range: $11.35 - $31.00
P/E:
  • Trailing P/E Ratio: 26.95
  • Foreward P/E Ratio: 18.20
  • P/E Growth: -1.82
Sales & Book Value:
  • Annual Revenue: $481.19 million
  • Price / Sales: 2.66
  • Book Value: $7.98 per share
  • Price / Book: 3.81
Profitability:
  • EBITDA: $66.74 million
  • Net Margins: 12.64%
  • Return on Equity: 21.01%
  • Return on Assets: 14.15%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 4.64%
  • Quick Ratio: 3.92%
Misc:
  • Average Volume: 819,877 shs.
  • Beta: 0.03
  • Short Ratio: 4.15
 

Frequently Asked Questions for SolarEdge Technologies (NASDAQ:SEDG)

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 earnings results on Wednesday, August, 2nd. The company reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.18. The business had revenue of $136.10 million for the quarter, compared to analyst estimates of $125.07 million. SolarEdge Technologies had a return on equity of 21.01% and a net margin of 12.64%. The firm's revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 EPS. View SolarEdge Technologies' Earnings History.

When will SolarEdge Technologies make its next earnings announcement?

SolarEdge Technologies is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for SolarEdge Technologies.

Where is SolarEdge Technologies' stock going? Where will SolarEdge Technologies' stock price be in 2017?

13 equities research analysts have issued twelve-month price targets for SolarEdge Technologies' shares. Their predictions range from $7.00 to $32.00. On average, they expect SolarEdge Technologies' share price to reach $24.91 in the next year. View Analyst Ratings for SolarEdge Technologies.

What are analysts saying about SolarEdge Technologies stock?

Here are some recent quotes from research analysts about SolarEdge Technologies stock:

  • 1. According to Zacks Investment Research, "SolarEdge Technologies, Inc. provides inverter solution. The company's SolarEdge system offers power optimizers, inverters and a cloud-based monitoring platform. It serves residential solar installations to commercial and small utility-scale solar installations. SolarEdge Technologies, Inc. is headquartered in Hod Hasharon, Israel. " (10/4/2017)
  • 2. FBR & Co analysts commented, "In-line results, solid guidance in a tough market. Yesterday, SEDG delivered C4Q16 results that highlight challenges in its core U.S. residential solar market. C4Q16 revenues of $111.5M were just above the low end of guidance ($110M'$120M), but gross margin of 35.0% exceeded guidance (30%'32%), even after subtracting 200 bps for one-time items. Revenue can mostly be attributed to softness in the U.S. residential market, with muted growth in 2017. However, SEDG indicated strong growth in its U.S. commercial business. C1Q17 revenue guidance of $110M' $120M with 31%'33% gross margin indicates SEDG still prioritizes profitable growth over market share. Management still believes it is gaining market share in every geography in which it operates and expects continued gains, albeit with 35%' 40% U.S. residential share, at a more muted pace than past years. The company's strong financial position permits aggressive investment in product development, geographic expansion, and potential lateral M&A, but we remain on the sidelines until we see evidence of a pickup in the U.S. market or significant international expansion." (2/15/2017)

Are investors shorting SolarEdge Technologies?

SolarEdge Technologies saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 6,078,458 shares, an increase of 37.3% from the August 31st total of 4,428,088 shares. Based on an average trading volume of 1,313,496 shares, the short-interest ratio is currently 4.6 days. Approximately 17.5% of the company's shares are short sold.

Who are some of SolarEdge Technologies' key competitors?

Who are SolarEdge Technologies' key executives?

SolarEdge Technologies' management team includes the folowing people:

  • Guy Sella, Chairman of the Board, Chief Executive Officer
  • Ronen Faier, Chief Financial Officer
  • Rachel Prishkolnik, Vice President - General Counsel, Corporate Secretary
  • Zvi Lando, Vice President, Global Sales
  • Lior Handelsman, Vice President - Marketing and Product Strategy
  • Meir Adest, Vice President - Core Technologies
  • Yoav Galin, Vice President - Research & Development
  • Dan Avida, Independent Director
  • Yoni Cheifetz, Independent Director
  • Marcel Gani, Independent Director

When did SolarEdge Technologies IPO?

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

How do I buy SolarEdge Technologies stock?

Shares of SolarEdge Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SolarEdge Technologies' stock price today?

One share of SolarEdge Technologies stock can currently be purchased for approximately $30.40.


MarketBeat Community Rating for SolarEdge Technologies (NASDAQ SEDG)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  276 (Vote Outperform)
Underperform Votes:  152 (Vote Underperform)
Total Votes:  428
MarketBeat's community ratings are surveys of what our community members think about SolarEdge Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for SolarEdge Technologies (NASDAQ:SEDG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 1 Hold Rating, 9 Buy Ratings
Consensus Rating:Hold (Score: 2.46)
Consensus Price Target: $24.91 (18.06% downside)
Consensus Price Target History for SolarEdge Technologies (NASDAQ:SEDG)
Price Target History for SolarEdge Technologies (NASDAQ:SEDG)
Analysts' Ratings History for SolarEdge Technologies (NASDAQ:SEDG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/15/2017Roth CapitalSet Price TargetBuy$30.00N/AView Rating Details
9/12/2017Needham & Company LLCReiterated RatingBuy$30.00LowView Rating Details
8/31/2017Axiom SecuritiesReiterated RatingSellLowView Rating Details
8/9/2017Canaccord GenuityReiterated RatingBuy$25.00 -> $30.00LowView Rating Details
8/9/2017Barclays PLCReiterated RatingOverweight$21.00 -> $28.00LowView Rating Details
8/3/2017Deutsche Bank AGSet Price TargetBuy$25.00 -> $30.00LowView Rating Details
8/3/2017Oppenheimer Holdings, Inc.Boost Price TargetOutperform$25.00 -> $32.00HighView Rating Details
8/3/2017Cowen and CompanyReiterated RatingBuy$24.00 -> $31.00MediumView Rating Details
8/3/2017JMP SecuritiesReiterated RatingOutperformHighView Rating Details
7/18/2017CIBCUpgradeMarket Perform -> OutperformLowView Rating Details
5/13/2017FBR & CoSet Price TargetHold$18.00MediumView Rating Details
2/10/2017Goldman Sachs Group, Inc. (The)Reiterated RatingSellN/AView Rating Details
11/14/2016Craig HallumInitiated CoverageSell$7.00N/AView Rating Details
8/3/2016J P Morgan Chase & CoSet Price TargetBuy$31.00N/AView Rating Details
2/4/2016Northland SecuritiesBoost Price Target$34.00 -> $37.00N/AView Rating Details
11/16/2015Avondale PartnersUpgradeConviction Buy ListN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for SolarEdge Technologies (NASDAQ:SEDG)
Earnings by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Earnings History by Quarter for SolarEdge Technologies (NASDAQ SEDG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.55N/AView Earnings Details
8/2/20176/30/2017$0.37$0.55$125.07 million$136.10 millionViewListenView Earnings Details
5/9/20173/31/2017$0.23$0.32$114.10 million$115.10 millionViewListenView Earnings Details
2/14/201712/31/2016$0.33$0.32$115.82 million$111.50 millionViewListenView Earnings Details
11/9/20169/30/2016$0.41$0.46$132.28 million$128.50 millionViewListenView Earnings Details
8/9/2016Q416$0.41$0.44$129.63 million$124.80 millionViewListenView Earnings Details
5/9/2016Q316$0.41$0.51$123.23 million$125.20 millionViewListenView Earnings Details
2/3/2016Q216$0.36$0.44$120.13 million$124.83 millionViewN/AView Earnings Details
11/4/2015Q116$0.30$0.36$110.09 million$115.10 millionViewListenView Earnings Details
8/12/2015Q415$0.22$0.31$95.15 million$98.40 millionViewListenView Earnings Details
5/7/2015Q3$0.08$0.20$73.71 million$86.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for SolarEdge Technologies (NASDAQ:SEDG)
2017 EPS Consensus Estimate: $1.33
2018 EPS Consensus Estimate: $1.58
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.35$0.41$0.38
Q2 20172$0.25$0.46$0.36
Q3 20172$0.28$0.47$0.38
Q4 20172$0.17$0.26$0.22
Q1 20181$0.47$0.47$0.47
Q2 20181$0.53$0.53$0.53
Q3 20181$0.37$0.37$0.37
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Dividend History for SolarEdge Technologies (NASDAQ:SEDG)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for SolarEdge Technologies (NASDAQ:SEDG)
Insider Ownership Percentage: 16.40%
Institutional Ownership Percentage: 57.43%
Insider Trades by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Institutional Ownership by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Insider Trades by Quarter for SolarEdge Technologies (NASDAQ:SEDG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/16/2017Zvi LandoVPSell10,000$30.36$303,600.00View SEC Filing  
10/2/2017Yoav GalinVPSell15,000$28.64$429,600.00View SEC Filing  
9/27/2017Ronen FaierCFOSell30,000$28.56$856,800.00View SEC Filing  
9/12/2017Yoav GalinVPSell15,000$26.35$395,250.00View SEC Filing  
8/8/2017Doron InbarDirectorSell50,000$28.00$1,400,000.00View SEC Filing  
8/4/2017Rachel PrishkolnikVPSell30,000$27.69$830,700.00View SEC Filing  
8/3/2017Ronen FaierCFOSell20,000$27.24$544,800.00View SEC Filing  
8/3/2017Yoav GalinVPSell10,000$27.34$273,400.00View SEC Filing  
7/18/2017Zvi LandoVPSell10,508$22.19$233,172.52View SEC Filing  
7/14/2017Zvi LandoVPSell1,300$22.02$28,626.00View SEC Filing  
7/11/2017Zvi LandoVPSell3,192$22.01$70,255.92View SEC Filing  
7/3/2017Meir AdestVPSell3,000$20.00$60,000.00View SEC Filing  
6/23/2017Lior HandelsmanVPSell5,000$21.44$107,200.00View SEC Filing  
6/22/2017Zvi LandoVPSell10,000$20.49$204,900.00View SEC Filing  
6/12/2017More AveryDirectorSell20,000$19.30$386,000.00View SEC Filing  
6/1/2017Lior HandelsmanVPSell1,018$18.46$18,792.28View SEC Filing  
3/27/2017Yoav GalinVPSell120,000$14.27$1,712,400.00View SEC Filing  
6/2/2016Yoav GalinVPSell1,626$21.37$34,747.62View SEC Filing  
6/1/2016Yoav GalinVPSell10,874$21.01$228,462.74View SEC Filing  
4/21/2016Meir AdestVPSell2,735$27.73$75,841.55View SEC Filing  
4/14/2016Meir AdestVPSell2,976$25.27$75,203.52View SEC Filing  
4/7/2016Meir AdestVPSell2,957$25.23$74,605.11View SEC Filing  
4/4/2016Yoav GalinVPSell5,089$25.49$129,718.61View SEC Filing  
4/1/2016Yoav GalinVPSell7,411$24.53$181,791.83View SEC Filing  
3/24/2016Meir AdestVPSell3,113$23.98$74,649.74View SEC Filing  
3/17/2016Meir AdestVPSell2,870$27.20$78,064.00View SEC Filing  
3/13/2016Meir AdestVPSell2,804$26.75$75,007.00View SEC Filing  
3/11/2016Ronen FaierCFOSell6,587$27.42$180,615.54View SEC Filing  
3/10/2016Ronen FaierCFOSell27,399$26.81$734,567.19View SEC Filing  
3/9/2016Rachel PrishkolnikVPSell15,000$26.80$402,000.00View SEC Filing  
3/9/2016Ronen FaierCFOSell16,014$26.76$428,534.64View SEC Filing  
3/3/2016Meir AdestVPSell2,675$27.74$74,204.50View SEC Filing  
2/22/2016Meir AdestVPSell14,120$26.07$368,108.40View SEC Filing  
2/11/2016Meir AdestVPSell3,195$23.09$73,772.55View SEC Filing  
2/9/2016Zvi LandoVPSell61,667$25.70$1,584,841.90View SEC Filing  
2/4/2016Meir AdestVPSell2,733$29.30$80,076.90View SEC Filing  
2/1/2016Yoav GalinVPSell12,500$28.54$356,750.00View SEC Filing  
1/6/2016Yoav GalinVPSell12,500$27.96$349,500.00View SEC Filing  
1/5/2016Rachel PrishkolnikVPSell10,000$30.00$300,000.00View SEC Filing  
12/31/2015Meir AdestVPSell2,619$28.17$73,777.23View SEC Filing  
12/30/2015Lior HandelsmanVPSell45,600$28.74$1,310,544.00View SEC Filing  
12/24/2015Lior HandelsmanVPSell4,975$28.00$139,300.00View SEC Filing  
12/23/2015Lior HandelsmanVPSell3,000$28.00$84,000.00View SEC Filing  
12/21/2015Lior HandelsmanVPSell6,425$28.04$180,157.00View SEC Filing  
12/16/2015Ronen FaierCFOSell19,700$23.75$467,875.00View SEC Filing  
12/14/2015Rachel PrishkolnikVPSell19,000$20.56$390,640.00View SEC Filing  
12/14/2015Ronen FaierCFOSell30,300$20.68$626,604.00View SEC Filing  
11/9/2015Lior HandelsmanVPSell83,333$18.86$1,571,660.38View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for SolarEdge Technologies (NASDAQ:SEDG)
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SolarEdge Technologies (SEDG) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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