Are Things Looking Up For Solaredge Technologies Inc (NASDAQ: SEDG)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted SolarEdge to Invest in German Software Start-Up Aiming to Decarbonize the Multi-Dwelling Sector.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

The company is listed on the NASDAQ and operates within the Solar industry segment. The current market capitalization of Solaredge Technologies Inc is $4.26B. A total of 1.36 million shares were traded on the day, compared to an average of 3.08M shares.

In the most recent transaction, AVERY MORE bought 7,000 shares of SEDG for 67.75 per share on Feb 29 ’24. After the transaction, the Director now owns 77,446 company shares. In a previous transaction on Nov 09 ’23, AVERY MORE bought 15,300 shares at 70.96 per share. SEDG shares that Director owns now total 70,446.

Among the insiders who bought shares, GANI MARCEL acquired of 5,000 shares on Nov 09 ’23 at a per-share price of $73.49. This resulted in the Director holding 29,049 shares of SEDG after the transaction. In another insider transaction, Faier Ronen bought 875 shares at $180.10 per share on Aug 09 ’23. Company shares held by the Chief Financial Officer now total 73,414.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SEDG has a high of $332.27 and a low of $63.25.

As of this writing, SEDG has an earnings estimate of -$1.53 per share for the current quarter. EPS was calculated based on a consensus of 22 estimates, with a high estimate of -$1.04 per share and a lower estimate of -$2.2. The company reported an EPS of -$0.55 in the last quarter, which was -161.80% lower than expectations of $0.89.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SEDG’s latest balance sheet shows that the firm has $697.82M in Cash & Short Term Investments as of fiscal 2021. There were $713.68M in debt and $525.18M in liabilities at the time. Its Book Value Per Share was $42.22, while its Total Shareholder’s Equity was $1.31B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SEDG is Buy with a score of 3.34.

Most Popular

Related Posts