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
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:SEDG
CUSIPN/A
Phone972-9957-6620
Debt
Debt-to-Equity RatioN/A
Current Ratio3.60
Quick Ratio2.98
Price-To-Earnings
Trailing P/E Ratio22.24
Forward P/E Ratio18.00
P/E Growth0.76
Sales & Book Value
Annual Sales$607.04 million
Price / Sales3.71
Cash Flow$2.5601 per share
Price / Cash19.55
Book Value$9.24 per share
Price / Book5.42
Profitability
EPS (Most Recent Fiscal Year)$2.25
Net Income$84.17 million
Net Margins15.06%
Return on Equity32.27%
Return on Assets20.61%
Miscellaneous
Employees1,007
Outstanding Shares45,010,000
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 earnings results on Wednesday, May, 9th. The semiconductor company reported $0.87 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.07. The semiconductor company earned $209.90 million during the quarter, compared to the consensus estimate of $204.38 million. Solaredge Technologies had a return on equity of 32.27% and a net margin of 15.06%. The firm's quarterly revenue was up 82.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.36 earnings per share. View Solaredge Technologies' Earnings History.
What price target have analysts set for SEDG?
15 analysts have issued 1 year target prices for Solaredge Technologies' stock. Their predictions range from $25.00 to $70.00. On average, they anticipate Solaredge Technologies' stock price to reach $56.2727 in the next twelve months. View Analyst Ratings for Solaredge Technologies.
Who are some of Solaredge Technologies' key competitors?
Some companies that are related to Solaredge Technologies include Microsemi (MSCC), United Microelectronics (UMC), Semiconductor Manufacturing Int'l (SMI), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY), Monolithic Power Systems (MPWR), Cavium (CAVM), First Solar (FSLR), Siliconware Precision Industries (SPIL), Cree (CREE), Silicon Laboratories (SLAB), Mellanox Technologies (MLNX), Integrated Device Technology (IDTI), AU Optronics (AUO) and Advantest (ATEYY).
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, CFO & Principal Accounting 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 a price of $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.
Has Solaredge Technologies been receiving favorable news coverage?
Media coverage about SEDG stock has been trending somewhat positive on Friday, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Solaredge Technologies earned a media sentiment score of 0.11 on Accern's scale. They also gave media headlines about the semiconductor company an impact score of 48.19 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Solaredge Technologies' major shareholders?
Solaredge Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.32%), Menora Mivtachim Holdings LTD. (4.47%), Ion Asset Management Ltd. (2.31%), Robecosam AG (2.08%), Clal Insurance Enterprises Holdings Ltd (1.72%) and Dimensional Fund Advisors LP (1.44%). 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 Senvest Management LLC, Delek Group Ltd., Guggenheim Capital LLC, Ion Asset Management Ltd., Spark Investment Management LLC, Millennium Management LLC, California Public Employees Retirement System and A.R.T. Advisors LLC. 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 Clal Insurance Enterprises Holdings Ltd, Menora Mivtachim Holdings LTD., Robecosam AG, Lord Abbett & CO. LLC, Penserra Capital Management LLC, Dimensional Fund Advisors LP, Matarin Capital Management LLC and Intrinsic Edge 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 $50.05.
How big of a company is Solaredge Technologies?
Solaredge Technologies has a market capitalization of $2.29 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.
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 (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.
