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SolarEdge Technologies, Inc is currently in a long term downtrend where the price is trading 0.7% below its 200 day moving average.
From a valuation standpoint, the stock is 61.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 9.7.
SolarEdge Technologies, Inc's total revenue sank by 14.4% to $358M since the same quarter in the previous year.
Its net income has dropped by 66.5% to $18M since the same quarter in the previous year.
Finally, its free cash flow fell by 185.8% to $-9M since the same quarter in the previous year.
Based on the above factors, SolarEdge Technologies, Inc gets an overall score of 1/5.
Exchange | NASDAQ |
---|---|
CurrencyCode | USD |
Sector | Technology |
ISIN | US83417M1045 |
Industry | Solar |
Market Cap | 771M |
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PE Ratio | None |
Target Price | 15.4617 |
Beta | 1.63 |
Dividend Yield | None |
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. The company offers power optimizers, inverters, lithium-ion cells, batteries, storage solutions, electric vehicle chargers and software management of EV charging, smart energy products, smart trackers, and smart energy management software products; Monitoring platform, a cloud-based monitoring platform, which collects power, voltage, current temperature, and other data sent from inverters and power optimizers; and MySolarEdge app, that enables system owners to track their real-time system production and household energy consumption. It also provides SolarEdge Go app, a mobile application for installers, integrating installation, management, and service capabilities; Designer platform, a web-based tool that helps solar professionals to plan, build, simulate, and validate residential and commercial systems; Mapper application for registering the physical layout of new PV sites installed with DC optimized inverter systems; SetApp application, that activates and configurate inverters; and grid services. In addition, the company offers pre-sales support and ongoing training services, as well as technical support before, during, and after installation services. It serves solar installers; providers of solar PV systems to residential and commercial end users; key solar distributors; engineering, procurement, and construction firms; and electrical equipment wholesalers. SolarEdge Technologies, Inc. was incorporated in 2006 and is headquartered in Herzliya Pituach, Israel.
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