SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. Its SolarEdge system consists of power optimizers, inverters, communication and smart energy management solutions, and a cloud based monitoring platform. The company's products are used in a range of solar market segments, such as residential, commercial, and small utility-scale solar installations. It also provides pre-sales support, ongoing trainings, and technical support and after installation services; and lithium-ion cells, batteries, and energy storage solutions for various industries, including energy storage systems, residential and commercial solar systems, uninterruptible power supplies, electric vehicles, aerospace, marine, and others. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. 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
Phone972-9957-6620
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$937.24 million
Profitability
Miscellaneous
Employees1,737
Next Earnings Date8/1/2019 (Estimated)
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 Monday, May, 6th. The semiconductor company reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.53 by $0.14. The semiconductor company had revenue of $271.90 million for the quarter, compared to analyst estimates of $266.11 million. Solaredge Technologies had a return on equity of 19.57% and a net margin of 11.23%. Solaredge Technologies's revenue for the quarter was up 29.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 earnings per share. 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 updated its second quarter 2019 earnings guidance on Monday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $310-320 million, compared to the consensus revenue estimate of $282.1 million.
What price target have analysts set for SEDG?
8 brokerages have issued 12 month price objectives for Solaredge Technologies' stock. Their predictions range from $29.00 to $70.00. On average, they expect Solaredge Technologies' stock price to reach $54.75 in the next year. This suggests a possible upside of 2.1% from the stock's current price. View Analyst Price Targets for Solaredge Technologies.
What is the consensus analysts' recommendation for Solaredge Technologies?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solaredge Technologies in the last year. There are currently 1 sell rating, 1 hold rating and 6 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 trended positive this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Solaredge Technologies earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave news headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely 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 ASE Technology (ASX), ON Semiconductor (ON), Qorvo (QRVO), IPG Photonics (IPGP), Integrated Device Technology (IDTI), First Solar (FSLR), Cree (CREE), Mellanox Technologies (MLNX), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), United Microelectronics (UMC), Semiconductor Manufacturing Int'l (SMI), Advantest (ATEYY), Silicon Laboratories (SLAB) and SUMCO CORP/ADR (SUOPY).
What other stocks do shareholders of Solaredge Technologies own?
Who are Solaredge Technologies' key executives?
Solaredge Technologies' management team includes the folowing people:
- Mr. Lior Handelsman, VP of Marketing & Product Strategy and Founder (Age 44)
- Mr. Yoav Galin, VP of R&D and Founder (Age 45)
- Mr. Ronen Faier CPA, Chief Financial Officer (Age 48)
- Mr. Zvi Lando, VP of Global Sales (Age 54)
- Mr. Guy Sella, Co-Founder, Chairman & CEO (Age 55)
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 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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.91%), Menora Mivtachim Holdings LTD. (5.91%), OppenheimerFunds Inc. (4.25%), Meitav Dash Investments Ltd. (3.86%), Clal Insurance Enterprises Holdings Ltd (3.54%) and Psagot Investment House Ltd. (1.90%). 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 Meitav Dash Investments Ltd., Goldman Sachs Group Inc., North Growth Management Ltd., Menora Mivtachim Holdings LTD., Oregon Public Employees Retirement Fund, Bank of Montreal Can, Renaissance Technologies LLC and Harel Insurance Investments & Financial Services Ltd.. Company insiders that have sold Solaredge Technologies company stock in the last year include Guy Sella, Meir Adest and More Avery. 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 Clal Insurance Enterprises Holdings Ltd, BlackRock Inc., Amundi Pioneer Asset Management Inc., Barry Investment Advisors LLC, Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC and Ibex Investors 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 $53.61.
How big of a company is Solaredge Technologies?
Solaredge Technologies has a market capitalization of $2.55 billion and generates $937.24 million in revenue each year. The semiconductor company earns $128.83 million in net income (profit) each year or $2.69 on an earnings per share basis. Solaredge Technologies employs 1,737 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.
