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 Ratio17.16
Forward P/E Ratio14.14
P/E Growth0.62
Sales & Book Value
Annual Sales$607.04 million
Price / Sales2.91
Cash Flow$2.6880 per share
Price / Cash14.36
Book Value$11.78 per share
Price / Book3.28
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$1.71 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) posted its quarterly earnings data on Thursday, November, 1st. The semiconductor company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.04. The semiconductor company had revenue of $236.60 million for the quarter, compared to the consensus estimate of $234.19 million. Solaredge Technologies had a net margin of 15.69% and a return on equity of 33.12%. The business's revenue was up 42.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 (EPS) 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 brokerages have issued 1 year target prices for Solaredge Technologies' stock. Their predictions range from $25.00 to $67.00. On average, they expect Solaredge Technologies' share price to reach $55.1818 in the next year. This suggests a possible upside of 43.0% 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 headlines about SEDG stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Solaredge Technologies earned a news impact score of 1.2 on InfoTrie's scale. They also assigned news coverage 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 company's share price in the next few days.
Who are some of Solaredge Technologies' key competitors?
Some companies that are related to Solaredge Technologies include Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), Mellanox Technologies (MLNX), Cypress Semiconductor (CY), First Solar (FSLR), Cree (CREE), SUMCO Corp/ADR (SUOPY), United Microelectronics (UMC), AU Optronics (AUO), Semiconductor Manufacturing Int'l (SMI), Silicon Laboratories (SLAB), Advantest (ATEYY), Semtech (SMTC), Finisar (FNSR) and Cabot Microelectronics (CCMP).
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 (IPO) 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 served 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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.38%), NN Investment Partners Holdings N.V. (7.46%), Menora Mivtachim Holdings LTD. (6.51%), Robecosam AG (2.18%), Psagot Investment House Ltd. (1.59%) and Dimensional Fund Advisors LP (1.49%). 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 Creative Planning. 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 acquired by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., BlackRock Inc., Psagot Investment House Ltd., Robecosam AG, North Growth Management Ltd., BlueMountain Capital Management LLC, Sphera Funds Management LTD. and Global Alpha Capital Management Ltd.. 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 $38.60.
How big of a company is Solaredge Technologies?
Solaredge Technologies has a market capitalization of $1.71 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.
