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: Semiconductor - Specialized
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SEDG
  • CUSIP: N/A
  • Web: www.solaredge.com
Capitalization:
  • Market Cap: $772.9 million
  • Outstanding Shares: 41,554,000
Average Prices:
  • 50 Day Moving Avg: $16.75
  • 200 Day Moving Avg: $14.49
  • 52 Week Range: $11.35 - $22.95
P/E:
  • Trailing P/E Ratio: 18.49
  • Foreward P/E Ratio: 14.20
  • P/E Growth: -1.50
Sales & Book Value:
  • Annual Revenue: $469.84 million
  • Price / Sales: 1.65
  • Book Value: $7.40 per share
  • Price / Book: 2.51
Profitability:
  • EBIDTA: $65.08 million
  • 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%
Misc:
  • Average Volume: 706,117 shs.
  • Beta: -0.25
  • Short Ratio: 10.73
 

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) announced its quarterly earnings data on Tuesday, May, 9th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.09. The business earned $115.10 million during the quarter, compared to the consensus estimate of $114.10 million. Solaredge Technologies had a return on equity of 29.93% and a net margin of 15.46%. Solaredge Technologies's revenue for the quarter was down 8.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.51 EPS. View Solaredge Technologies' Earnings History.

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

12 brokerages have issued 12 month price objectives for Solaredge Technologies' shares. Their predictions range from $7.00 to $31.00. On average, they expect Solaredge Technologies' stock price to reach $18.58 in the next twelve months. 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. " (5/13/2017)
  • 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)

Who are some of Solaredge Technologies' key competitors?

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 $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.

Who owns Solaredge Technologies stock?

Solaredge Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (7.71%), Sylebra HK Co Ltd (5.14%), NN Investment Partners Holdings N.V. (3.47%), Menora Mivtachim Holdings LTD. (2.77%), Janus Capital Management LLC (2.33%) and Shell Asset Management Co. (1.71%). Company insiders that own Solaredge Technologies stock include Lior Handelsman, Meir Adest, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Institutional Ownership Trends for Solaredge Technologies.

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 Neuberger Berman Group LLC, Janus Capital Management LLC, Henderson Group PLC, James Investment Research Inc., Credit Suisse AG, CWA Asset Management Group LLC and Schroder Investment Management Group. View Insider Buying and Selling for Solaredge Technologies.

Who bought Solaredge Technologies stock? Who is buying Solaredge Technologies stock?

Solaredge Technologies' stock was bought by a variety of institutional investors in the last quarter, including Sylebra HK Co Ltd, Menora Mivtachim Holdings LTD., NN Investment Partners Holdings N.V., Robecosam AG, Bank of New York Mellon Corp, Zurcher Kantonalbank Zurich Cantonalbank, FMR LLC and Handelsbanken Fonder AB. View Insider Buying and Selling for Solaredge Technologies.

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 $18.60.

Analyst Ratings

Consensus Ratings for Solaredge Technologies (NASDAQ:SEDG) (?)
Ratings Breakdown: 3 Sell Ratings, 2 Hold Ratings, 7 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $18.58 (0.09% downside)

Analysts' Ratings History for Solaredge Technologies (NASDAQ:SEDG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/13/2017FBR & CoSet Price TargetHold$18.00MediumView Rating Details
5/10/2017Roth CapitalSet Price TargetHold$16.00LowView Rating Details
5/10/2017Cowen and CompanySet Price TargetOutperform$19.00 -> $21.00MediumView Rating Details
3/3/2017JMP SecuritiesUpgradeMarket Perform -> Outperform$19.00N/AView Rating Details
2/15/2017Needham & Company LLCReiterated RatingBuy$22.00N/AView Rating Details
2/10/2017Goldman Sachs Group IncReiterated RatingSellN/AView Rating Details
2/2/2017Axiom SecuritiesReiterated RatingSellN/AView Rating Details
11/22/2016Barclays PLCLower Price TargetOverweight$22.00 -> $17.00N/AView Rating Details
11/14/2016Craig HallumInitiated CoverageSell$7.00N/AView Rating Details
9/23/2016Canaccord GenuityReiterated RatingBuy$27.00N/AView Rating Details
8/10/2016Deutsche Bank AGLower Price TargetBuy$27.00 -> $22.00N/AView Rating Details
8/3/2016JPMorgan Chase & Co.Set Price TargetBuy$31.00N/AView Rating Details
5/10/2016Oppenheimer Holdings Inc.Reiterated RatingHoldN/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 5/28/2015 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
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: $1.39
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 20171$0.47$0.47$0.47
Q4 20172$0.17$0.19$0.18
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: 26.52%
Institutional Ownership Percentage: 61.51%
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
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)
Latest Headlines for Solaredge Technologies (NASDAQ:SEDG)
Source:
DateHeadline
finance.yahoo.com logoWill Solaredge Technologies (SEDG) Continue to Surge Higher?
finance.yahoo.com - May 27 at 8:06 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Receives Consensus Rating of "Buy" from Brokerages
www.americanbankingnews.com - May 26 at 6:47 PM
marketwatch.com logoCORRECTION: Boviet Solar USA Introduces Embed SolarEdge Power Optimizers in Its New Mono Smart Solar Modules
www.marketwatch.com - May 26 at 6:55 AM
americanbankingnews.com logoQ4 2017 EPS Estimates for Solaredge Technologies Inc Reduced by FBR & Co (SEDG)
www.americanbankingnews.com - May 15 at 8:58 AM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Given a $18.00 Price Target by FBR & Co Analysts
www.americanbankingnews.com - May 15 at 12:34 AM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Given a $16.00 Price Target at Roth Capital
www.americanbankingnews.com - May 13 at 5:14 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Raised to Buy at Zacks Investment Research
www.americanbankingnews.com - May 13 at 7:22 AM
americanbankingnews.com logoOppenheimer Holdings Research Analysts Increase Earnings Estimates for Solaredge Technologies Inc (SEDG)
www.americanbankingnews.com - May 12 at 8:34 AM
finance.yahoo.com logoSOLAREDGE TECHNOLOGIES INC (SEDG)
finance.yahoo.com - May 11 at 8:14 PM
finance.yahoo.com logoSolarEdge Technologies, Inc.: Gathering momentum, can it sustain its performance?
finance.yahoo.com - May 11 at 8:14 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Stock Rating Reaffirmed by FBR & Co
www.americanbankingnews.com - May 11 at 6:34 PM
seekingalpha.com logoSolarEdge: Great Strides After First Quarter Results - Seeking Alpha
seekingalpha.com - May 10 at 7:57 PM
finance.yahoo.com logoWhy SolarEdge Technologies Inc.'s Shares Popped 12% Today
finance.yahoo.com - May 10 at 7:57 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS
www.americanbankingnews.com - May 10 at 6:20 PM
americanbankingnews.com logoSolaredge Technologies' (SEDG) "Outperform" Rating Reiterated at Cowen and Company
www.americanbankingnews.com - May 10 at 4:02 PM
seekingalpha.com logoSolarEdge Technologies' (SEDG) CEO Guy Sella on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 10 at 10:57 AM
finance.yahoo.com logoInvestor Network: SolarEdge Technologies, Inc. to Host Earnings Call
finance.yahoo.com - May 9 at 7:17 PM
finance.yahoo.com logoSolarEdge Announces First Quarter 2017 Financial Results
finance.yahoo.com - May 9 at 7:17 PM
finance.yahoo.com logoSolarEdge tops Street 1Q forecasts
finance.yahoo.com - May 9 at 7:17 PM
americanbankingnews.com logo Analysts Anticipate Solaredge Technologies Inc (SEDG) Will Announce Quarterly Sales of $114.18 Million
www.americanbankingnews.com - May 5 at 1:38 PM
americanbankingnews.com logo$0.23 EPS Expected for Solaredge Technologies Inc (SEDG) This Quarter
www.americanbankingnews.com - May 3 at 6:00 PM
americanbankingnews.com logoSolaredge Technologies (SEDG) Earns News Impact Score of 0.01
www.americanbankingnews.com - May 3 at 2:20 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - May 1 at 9:26 PM
americanbankingnews.com logoSolaredge Technologies (SEDG) Earning Somewhat Negative Press Coverage, Study Shows
www.americanbankingnews.com - April 30 at 10:38 AM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Upgraded by TheStreet to C
www.americanbankingnews.com - April 29 at 11:33 AM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Stock Rating Upgraded by TheStreet
www.americanbankingnews.com - April 28 at 8:50 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Upgraded to "C" at TheStreet
www.americanbankingnews.com - April 28 at 7:58 PM
americanbankingnews.com logoSolaredge Technologies (SEDG) Given News Impact Rating of 0.39
www.americanbankingnews.com - April 27 at 4:00 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Short Interest Down 0.7% in April
www.americanbankingnews.com - April 26 at 5:32 PM
finance.yahoo.com logoSolarEdge to Announce Financial Results for the First Quarter 2017 on Tuesday, May 9, 2017
finance.yahoo.com - April 25 at 9:57 AM
benzinga.com logoAlibaba, Mosaic, Solaredge, Tesla: Fast Money Picks For April 24
www.benzinga.com - April 24 at 11:36 AM
americanbankingnews.com logoSolaredge Technologies (SEDG) Getting Somewhat Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 22 at 3:14 PM
americanbankingnews.com logoSolaredge Technologies (SEDG) Earns Daily Media Sentiment Rating of 0.31
www.americanbankingnews.com - April 18 at 8:31 PM
finance.yahoo.com logoSolar Shake-Up: Why More Bankruptcies Are Coming in 2017
finance.yahoo.com - April 18 at 9:17 AM
americanbankingnews.com logoSolaredge Technologies (SEDG) Earning Somewhat Favorable Media Coverage, Report Finds
www.americanbankingnews.com - April 15 at 4:24 PM
americanbankingnews.com logo Brokerages Anticipate Solaredge Technologies Inc (SEDG) Will Announce Quarterly Sales of $114.18 Million
www.americanbankingnews.com - April 14 at 1:38 PM
americanbankingnews.com logoZacks: Analysts Anticipate Solaredge Technologies Inc (SEDG) to Announce $0.23 EPS
www.americanbankingnews.com - April 12 at 2:31 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Upgraded by Vetr Inc. to Strong-Buy
www.americanbankingnews.com - April 12 at 12:15 AM
finance.yahoo.com logoSolarEdge Strengthens Business Position in India with New Office and Leadership
finance.yahoo.com - April 7 at 12:30 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 4 at 4:39 PM
wsj.com logo[$$] Israel Secondary Fund Closes $100M Fund II
www.wsj.com - April 3 at 7:23 PM
finance.yahoo.com logoSMA Solar targets energy management as competition heats up
finance.yahoo.com - March 30 at 8:00 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) VP Sells $1,712,400.00 in Stock
www.americanbankingnews.com - March 28 at 4:28 PM
finance.yahoo.com logoSolarEdge Technologies (SEDG) Jumps: Stock Moves 9.5% Higher
finance.yahoo.com - March 28 at 9:27 AM
barrons.com logoThe Top Stories From This Week's Barron's
www.barrons.com - March 25 at 8:18 AM
barrons.com logo[$$] Dark Clouds May Be Lifting for SolarEdge
www.barrons.com - March 25 at 8:18 AM
finance.yahoo.com logoBaron Funds Comments on SolarEdge Technologies
finance.yahoo.com - March 16 at 4:13 PM
americanbankingnews.com logoSolaredge Technologies Inc (SEDG) Stock Rating Upgraded by JMP Securities
www.americanbankingnews.com - March 9 at 9:00 AM
finance.yahoo.com logoSolarEdge Technologies upgraded by JMP Securities
finance.yahoo.com - March 3 at 7:48 PM
streetinsider.com logoJMP Securities Upgrades SolarEdge Technologies (SEDG) to Market Outperform - StreetInsider.com
www.streetinsider.com - March 3 at 8:07 AM

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Solaredge Technologies (SEDG) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff