SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in Israel, the United States, the Netherlands, Europe, and internationally. The company's DC optimized inverter systems include power optimizers and inverters, as well as a cloud-based monitoring platform. Its products are used in a range of solar market segments, such as residential, commercial, and small utility-scale solar installations. The company sells its products directly to solar installers, as well as engineering, procurement, and construction firms; and indirectly to solar installers through distributors and electrical equipment wholesalers, as well as PV module manufacturers. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:SEDG
Previous Symbol
CUSIPN/A
Phone972-9957-6620
Debt
Debt-to-Equity RatioN/A
Current Ratio3.95
Quick Ratio3.30
Price-To-Earnings
Trailing P/E Ratio17.04
Forward P/E Ratio14.04
P/E Growth0.64
Sales & Book Value
Annual Sales$607.04 million
Price / Sales2.89
Cash Flow$2.6075 per share
Price / Cash Flow14.70
Book Value$9.24 per share
Price / Book4.15
Profitability
EPS (Most Recent Fiscal Year)$2.25
Net Income$84.17 million
Net Margins15.69%
Return on Equity33.12%
Return on Assets20.50%
Miscellaneous
Employees1,007
Outstanding Shares45,750,000
Market Cap$1.75 billion
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) released its quarterly earnings data on Thursday, November, 1st. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.04. The semiconductor company earned $236.60 million during the quarter, compared to analysts' expectations of $234.19 million. Solaredge Technologies had a net margin of 15.69% and a return on equity of 33.12%. The firm's quarterly revenue was up 42.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.66 EPS. View Solaredge Technologies' Earnings History.
When is Solaredge Technologies' next earnings date?
What guidance has Solaredge Technologies issued on next quarter's earnings?
Solaredge Technologies issued an update on its fourth quarter 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $245-255 million, compared to the consensus revenue estimate of $219.71 million.
What price target have analysts set for SEDG?
12 equities research analysts have issued 1-year price targets for Solaredge Technologies' shares. Their predictions range from $25.00 to $67.00. On average, they anticipate Solaredge Technologies' stock price to reach $54.2727 in the next twelve months. This suggests a possible upside of 41.6% from the stock's current price. View Analyst Price Targets for Solaredge Technologies.
What is the consensus analysts' recommendation for Solaredge Technologies?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solaredge Technologies in the last year. There are currently 1 sell rating, 2 hold ratings and 9 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 stories about SEDG stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Solaredge Technologies earned a news impact score of 1.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are some of Solaredge Technologies' key competitors?
Some companies that are related to Solaredge Technologies include IPG Photonics (IPGP), Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), Cypress Semiconductor (CY), First Solar (FSLR), Cree (CREE), United Microelectronics (UMC), Semiconductor Manufacturing Int'l (SMI), AU Optronics (AUO), SUMCO CORP/ADR (SUOPY), Silicon Laboratories (SLAB), Advantest (ATEYY), Semtech (SMTC) and Finisar (FNSR).
Who are Solaredge Technologies' key executives?
Solaredge Technologies' management team includes the folowing people:
- Mr. Guy Sella, Co-Founder, Chairman & CEO (Age 54)
- Mr. Lior Handelsman, VP of Marketing & Product Strategy (Age 43)
- Mr. Yoav Galin, VP of R&D (Age 44)
- Mr. Ronen Faier CPA, Chief Financial Officer (Age 47)
- Mr. Zvi Lando, VP of Global Sales (Age 53)
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 are Solaredge Technologies' major shareholders?
Solaredge Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.38%), NN Investment Partners Holdings N.V. (7.46%), Menora Mivtachim Holdings LTD. (6.51%), Vanguard Group Inc. (4.18%), Vanguard Group Inc (4.18%) and Robecosam AG (2.18%). 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 major investors are selling Solaredge Technologies stock?
SEDG stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Menora Mivtachim Holdings LTD., Prudential Financial Inc., Renaissance Technologies LLC, Wells Fargo & Company MN, Bowen Hanes & Co. Inc., Senvest Management LLC and Morgan Stanley. Company insiders that have sold Solaredge Technologies company stock in the last year include Doron Inbar, Guy Sella, Lior Handelsman, Meir Adest, More Avery, Rachel Prishkolnik, Ronen Faier, Yoav Galin and Zvi Lando. View Insider Buying and Selling for Solaredge Technologies.
Which major investors are buying Solaredge Technologies stock?
SEDG stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., BlackRock Inc., Psagot Investment House Ltd., Vanguard Group Inc, Vanguard Group Inc., Robecosam AG, North Growth Management Ltd. and BlueMountain Capital Management 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 $38.33.
How big of a company is Solaredge Technologies?
Solaredge Technologies has a market capitalization of $1.75 billion and generates $607.04 million in revenue each year. The semiconductor company earns $84.17 million in net income (profit) each year or $2.25 on an earnings per share basis. Solaredge Technologies employs 1,007 workers across the globe.
What is Solaredge Technologies' official website?
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)
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.
