Is Solaredge Technologies Inc (NASDAQ: SEDG) No Longer A Good Investment?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

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Stocks Info

This NASDAQ-listed company operates within the Solar industry segment, falling under the Technology sector. The current market capitalization of Solaredge Technologies Inc is $3.28B. A total of 1.96 million shares were traded on the day, compared to an average of 2.32M 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SEDG has a high of $322.19 and a low of $57.72.

As of this writing, SEDG has an earnings estimate of $SESG per share for the current quarter. EPS was calculated based on a consensus of SolarEdge Technologies, Inc. estimates, with a high estimate of $SHDG per share and a lower estimate of $SPDR Series Trust.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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

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. 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 3.19.

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