SolarEdge Technologies Company Profile (NASDAQ:SEDG)

About SolarEdge Technologies

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: Semiconductor - Specialized
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: SEDG
  • CUSIP:
Key Metrics:
  • Previous Close: $15.40
  • 50 Day Moving Average: $13.49
  • 200 Day Moving Average: $14.66
  • 52-Week Range: $11.35 - $28.99
  • Trailing P/E Ratio: 10.64
  • Foreward P/E Ratio: 9.94
  • P/E Growth: 3.57
  • Market Cap: $628.54M
  • Outstanding Shares: 40,898,000
  • Beta: -0.25
Profitability:
  • Net Margins: 15.46%
  • Return on Equity: 29.93%
  • Return on Assets: 19.18%
Debt:
  • Debt-to-Equity Ratio: 0.01%
  • Current Ratio: 4.12%
  • Quick Ratio: 3.25%
Additional Links:
Companies Related to SolarEdge Technologies:

Analyst Ratings

Consensus Ratings for SolarEdge Technologies (NASDAQ:SEDG) (?)
Ratings Breakdown: 3 Sell Ratings, 4 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.17)
Consensus Price Target: $18.45 (19.83% upside)

Analysts' Ratings History for SolarEdge Technologies (NASDAQ:SEDG)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Needham & Company LLCReiterated RatingBuy$22.00View Rating Details
2/15/2017FBR & CoReiterated RatingMarket Perform$17.00View Rating Details
2/14/2017Roth CapitalReiterated RatingNeutral$14.00View Rating Details
2/10/2017Goldman Sachs Group, Inc. (The)Reiterated RatingSellView Rating Details
2/2/2017Axiom SecuritiesReiterated RatingSellView Rating Details
11/22/2016Barclays PLCLower Price TargetOverweight$22.00 -> $17.00View Rating Details
11/14/2016Craig HallumInitiated CoverageSell$7.00View Rating Details
11/10/2016JMP SecuritiesDowngradeOutperform -> Market PerformView Rating Details
9/23/2016Canaccord GenuityReiterated RatingBuy$27.00View Rating Details
8/10/2016Deutsche Bank AGLower Price TargetBuy$27.00 -> $22.00View Rating Details
8/3/2016J P Morgan Chase & CoSet Price TargetBuy$31.00View Rating Details
5/10/2016Oppenheimer Holdings, Inc.Reiterated RatingHoldView Rating Details
2/4/2016Cowen and CompanyReiterated RatingBuyView Rating Details
2/4/2016Northland SecuritiesBoost Price Target$34.00 -> $37.00View Rating Details
11/16/2015Avondale PartnersUpgradeConviction Buy ListView Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for SolarEdge Technologies (NASDAQ:SEDG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
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$86.40 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for SolarEdge Technologies (NASDAQ:SEDG)
Current Year EPS Consensus Estimate: $1.30 EPS
Next Year EPS Consensus Estimate: $1.55 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.26$0.34$0.30
Q2 20162$0.31$0.32$0.32
Q4 20162$0.41$0.47$0.44
Q1 20172$0.35$0.41$0.38
Q2 20171$0.46$0.46$0.46
Q3 20171$0.47$0.47$0.47
Q4 20171$0.49$0.49$0.49
Q1 20181$0.47$0.47$0.47
Q2 20181$0.53$0.53$0.53
Q3 20181$0.54$0.54$0.54
Q4 20181$0.55$0.55$0.55
(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 History for SolarEdge Technologies (NASDAQ:SEDG)
Insider Ownership Percentage: 26.52%
Institutional Ownership Percentage: 61.51%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for SolarEdge Technologies (NASDAQ:SEDG)
DateHeadline
fool.com logoSolarEdge Technologies, Inc Is Pumping Out Profits, But Where Does It Go From Here? (NASDAQ:SEDG)
www.fool.com - February 21 at 5:08 PM
News IconSolaredge Technologies Inc (SEDG) Releases Earnings Results, Beats Expectations By $0.03 EPS (NASDAQ:SEDG)
prensariotiretail.com - February 16 at 7:25 PM
News IconSolaredge Technologies Inc (SEDG) Releases Earnings Results, Beats Expectations By $0.03 EPS (NASDAQ:SEDG)
prensariotiretail.com - February 16 at 7:25 PM
News IconImpact of Brokerage Rating on SolarEdge Technologies, Inc.(SEDG) (NASDAQ:SEDG)
www.graffiotech.com - February 16 at 7:25 PM
News IconImpact of Brokerage Rating on SolarEdge Technologies, Inc.(SEDG) (NASDAQ:SEDG)
www.graffiotech.com - February 16 at 7:25 PM
News IconSolarEdge Technologies, Inc. (SEDG) Issues Quarterly Earnings Results (NASDAQ:SEDG)
techknowbits.com - February 16 at 7:25 PM
News IconSolarEdge Technologies, Inc. (SEDG) Issues Quarterly Earnings Results (NASDAQ:SEDG)
techknowbits.com - February 16 at 7:25 PM
us.rd.yahoo.com logoEdited Transcript of SEDG earnings conference call or presentation 14-Feb-17 10:00pm GMT (NASDAQ:SEDG)
us.rd.yahoo.com - February 16 at 7:25 PM
us.rd.yahoo.com logoAxiom's Gordon Johnson Sees SolarEdge As 'A Great Short' (NASDAQ:SEDG)
us.rd.yahoo.com - February 16 at 7:25 PM
thestreet.com logoWhen This Struggling Solar Company Looks in the Mirror, Fate's Eyes Stare Back (NASDAQ:SEDG)
us.rd.yahoo.com - February 16 at 7:25 PM
capitalcube.com logoSolarEdge Technologies, Inc. :SEDG-US: Earnings Analysis: Q2, 2017 By the Numbers : February 16, 2017 (NASDAQ:SEDG)
www.capitalcube.com - February 16 at 7:25 PM
capitalcube.com logoSolarEdge Technologies, Inc. :SEDG-US: Earnings Analysis: Q2, 2017 By the Numbers : February 16, 2017 (NASDAQ:SEDG)
www.capitalcube.com - February 16 at 7:25 PM
streetinsider.com logoAfter-Hours Stock Movers 02/14: (PBPB) (PG) (TWTR) Higher; (EARS) (FOSL) (TRUP) Lower (more...) (NASDAQ:SEDG)
www.streetinsider.com - February 15 at 3:52 AM
News IconSolarEdge Technologies Inc (SEDG): Earnings Expected To Remain Subdued (NASDAQ:SEDG)
simplywall.st - February 15 at 3:52 AM
rttnews.com logoSolarEdge Technologies Inc. (SEDG) Is Up After Earnings Report (NASDAQ:SEDG)
www.rttnews.com - February 15 at 3:52 AM
biz.yahoo.com logoQ2 2017 Solaredge Technologies Inc Earnings Release - After Market Close (NASDAQ:SEDG)
biz.yahoo.com - February 15 at 3:52 AM
finance.yahoo.com logoSolar ETF Looks For Short Covering Support (NASDAQ:SEDG)
finance.yahoo.com - February 15 at 3:52 AM
finance.yahoo.com logoSolarEdge Announces Quarter Ended December 31, 2016 Financial Results (NASDAQ:SEDG)
finance.yahoo.com - February 15 at 3:52 AM
finance.yahoo.com logo4:13 pm SolarEdge Technologies beats by $0.03, misses on revs; guides Q3 revs above consensus (NASDAQ:SEDG)
finance.yahoo.com - February 15 at 3:52 AM
biz.yahoo.com logoSOLAREDGE TECHNOLOGIES INC Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:SEDG)
biz.yahoo.com - February 15 at 3:52 AM
News IconSolarEdge Technologies, Inc. (SEDG) Q2 Earnings: Investors should not be expecting a very good quarter - Post Analyst (NASDAQ:SEDG)
postanalyst.com - February 14 at 6:14 AM
biz.yahoo.com logoSolaredge Technologies Inc Earnings Call scheduled for 5:00 pm ET today (NASDAQ:SEDG)
biz.yahoo.com - February 14 at 6:14 AM
biz.yahoo.com logoSOLAREDGE TECHNOLOGIES INC Files SEC form 10-K/A, Annual Report (NASDAQ:SEDG)
biz.yahoo.com - February 9 at 3:09 AM
seekingalpha.com logoSolarEdge Technologies - A Ray Of Sunshine Within A Dismal Industry (NASDAQ:SEDG)
seekingalpha.com - February 6 at 7:51 PM
finance.yahoo.com logoSolarEdge to Announce Financial Results for the Quarter Ended December 31, 2016 on Tuesday, February 14, 2017 (NASDAQ:SEDG)
finance.yahoo.com - February 3 at 3:56 AM
News IconSolarEdge’s HD-Wave Inverter First Ever to Reach 99% CEC Efficiency Rating (NASDAQ:SEDG)
cerebral-overload.com - February 2 at 5:43 AM
4-traders.com logoSolaredge Technologies : HD-Wave Inverter First Ever to Reach 99% CEC Efficiency Rating (NASDAQ:SEDG)
www.4-traders.com - January 31 at 10:55 PM
News IconTrading Insight: Taking a Look at Levels for Solaredge Technologies Inc (SEDG) - Market Point (NASDAQ:SEDG)
mtptnews.com - January 30 at 9:30 PM
News IconLooking Ahead for Solaredge Technologies Inc (NASDAQ:SEDG); Are These Shares Ready to Go Higher? - Aiken Advocate (NASDAQ:SEDG)
aikenadvocate.com - January 27 at 2:59 AM
News IconWatching the Charts on Shares of Solaredge Technologies Inc (SEDG) - Springdale Times (NASDAQ:SEDG)
springdaletimes.com - January 27 at 2:59 AM
News IconEarnings in Full Force, Analysts Take Aim at Solaredge Technologies Inc (NASDAQ:SEDG) - Wall Street Beacon (NASDAQ:SEDG)
wsbeacon.com - January 26 at 4:45 AM
4-traders.com logoSolaredge Technologies : Lithium Batteries in High Demand (NASDAQ:SEDG)
www.4-traders.com - January 23 at 8:08 PM
capitalcube.com logoSolarEdge Technologies, Inc. breached its 50 day moving average in a Bearish Manner : SEDG-US : January 19, 2017 (NASDAQ:SEDG)
www.capitalcube.com - January 20 at 6:41 AM
News IconInvestor Box: Viewing Levels on Shares of Solaredge Technologies Inc (SEDG) - Springdale Times (NASDAQ:SEDG)
springdaletimes.com - January 16 at 1:27 PM
capitalcube.com logoSolarEdge Technologies, Inc. – Value Analysis (NASDAQ:SEDG) : January 6, 2017 (NASDAQ:SEDG)
www.capitalcube.com - January 6 at 10:11 PM
capitalcube.com logoSolarEdge Technologies, Inc. breached its 50 day moving average in a Bullish Manner : SEDG-US : January 5, 2017 (NASDAQ:SEDG)
www.capitalcube.com - January 6 at 3:44 AM
News Icon2017’s Top Sustainable Investing Trends From Green Alpha Advisors (NASDAQ:SEDG)
yourmarkontheworld.com - January 5 at 6:32 AM
marketexclusive.com logoAnalyst Activity – Axiom Securities Reiterates Sell on SolarEdge ... - Market Exclusive (NASDAQ:SEDG)
marketexclusive.com - January 2 at 1:03 AM
blogs.barrons.com logoSolar Stocks Like SunEdison Could Lose ITC Appeal Under Trump, Says Axiom (NASDAQ:SEDG)
blogs.barrons.com - December 29 at 7:42 PM
News IconTale of the Tape: Technical Recap for Solaredge Technologies Inc (SEDG) - StockTalk Daily (NASDAQ:SEDG)
stocktalkdaily.com - December 21 at 10:56 PM
capitalcube.com logoETFs with exposure to SolarEdge Technologies, Inc. : December 21, 2016 (NASDAQ:SEDG)
www.capitalcube.com - December 21 at 10:56 PM
capitalcube.com logoSolarEdge Technologies, Inc. breached its 50 day moving average in a Bullish Manner : SEDG-US : December 20, 2016 (NASDAQ:SEDG)
www.capitalcube.com - December 20 at 2:33 PM
4-traders.com logoSolaredge Technologies : Introduces Advanced Communications and Management Accessories to Enhance PV Monitoring (NASDAQ:SEDG)
www.4-traders.com - December 13 at 8:14 PM
News IconTrading Spotlight on Shares of Solaredge Technologies Inc (SEDG) - StockTalk Daily (NASDAQ:SEDG)
stocktalkdaily.com - December 13 at 8:14 AM
News IconNEXTracker™ Launches the Industry’s 1st Solar Tracker Plus Storage Solution (NASDAQ:SEDG)
www.sunwindenergy.com - December 8 at 8:33 AM
tmcnet.com logoResearch Reports Coverage on Semiconductor Stocks -- SolarEdge Technologies, Life Storage, Vivint Solar, and Monolithic Power Systems (NASDAQ:SEDG)
www.tmcnet.com - December 7 at 7:36 PM
nasdaq.com logoWhy SolarEdge (SEDG) Could Be Positioned for a Slump - NASDAQ ... - Nasdaq (NASDAQ:SEDG)
www.nasdaq.com - December 7 at 8:38 AM
zacks.com logoWhy SolarEdge (SEDG) Could Be Positioned for a Slump (NASDAQ:SEDG)
www.zacks.com - December 6 at 8:43 AM
capitalcube.com logoETFs with exposure to SolarEdge Technologies, Inc. : December 5, 2016 (NASDAQ:SEDG)
www.capitalcube.com - December 5 at 7:33 PM
publicnow.com logoSolarEdge Leading the Market in Advanced Inverter Functionality (NASDAQ:SEDG)
www.publicnow.com - December 1 at 7:38 PM

Social

What is SolarEdge Technologies' stock symbol?

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

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

12 equities research analysts have issued 1-year price targets for SolarEdge Technologies' stock. Their predictions range from $7.00 to $31.00. On average, they anticipate SolarEdge Technologies' share price to reach $18.45 in the next year.

When will SolarEdge Technologies announce their earnings?

SolarEdge Technologies is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

What are analysts saying about SolarEdge Technologies stock?

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

  • 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)
  • 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. " (1/17/2017)

Who owns SolarEdge Technologies stock?

SolarEdge Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (7.42%), Sylebra HK Co Ltd (4.16%), NN Investment Partners Holdings N.V. (2.95%), Janus Capital Management LLC (2.36%), Menora Mivtachim Holdings LTD. (2.07%) and Thornburg Investment Management Inc. (2.01%). Company insiders that own SolarEdge Technologies stock include Lior Handelsman, Meir Adest, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando.

Who sold SolarEdge Technologies stock? Who is selling SolarEdge Technologies stock?

SolarEdge Technologies' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Investec Asset Management LTD, Sylebra HK Co Ltd, Leuthold Group LLC, Dimensional Fund Advisors LP, Janus Capital Management LLC, Thornburg Investment Management Inc. and CWA Asset Management Group LLC. Company insiders that have sold SolarEdge Technologies stock in the last year include Meir Adest, Rachel Prishkolnik, Ronen Faier and Yoav Galin.

Who bought SolarEdge Technologies stock? Who is buying SolarEdge Technologies stock?

SolarEdge Technologies' stock was acquired by a variety of institutional investors in the last quarter, including City Financial Investment Co Ltd, Menora Mivtachim Holdings LTD., NN Investment Partners Holdings N.V., Guggenheim Capital LLC, Menta Capital LLC, Handelsbanken Fonder AB, State Street Corp and Koch Industries Inc..

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.

How much does a share of SolarEdge Technologies stock cost?

One share of SolarEdge Technologies stock can currently be purchased for approximately $15.40.

SolarEdge Technologies (NASDAQ:SEDG) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

Earnings History Chart

Earnings by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

Dividend History Chart

Dividend Payments by Quarter for SolarEdge Technologies (NASDAQ:SEDG)

Last Updated on 2/22/2017 by MarketBeat.com Staff