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Enphase Energy (ENPH)

(Delayed Data from NSDQ)

$106.48 USD

106.48
3,457,636

-2.69 (-2.46%)

Updated Apr 19, 2024 04:00 PM ET

After-Market: $106.26 -0.22 (-0.21%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value C Growth D Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 38% (156 out of 250)

Industry: Solar

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Balance Sheet

Research for ENPH

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Enphase Energy, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,695 1,613 1,017 679 296
Receivables 446 441 334 182 145
Notes Receivable 0 0 0 0 0
Inventories 214 150 74 42 32
Other Current Assets 89 61 38 30 26
Total Current Assets 2,444 2,264 1,462 933 500
Net Property & Equipment 168 111 82 43 29
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 252 205 122 93 75
Intangibles 283 313 279 54 55
Deposits & Other Assets 216 169 119 60 45
Total Assets 3,383 3,084 2,079 1,200 713
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 116 125 114 73 57
Current Portion Long-Term Debt 0 91 86 326 3
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 262 296 158 77 47
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 154 126 82 59 92
Total Current Liabilities 532 638 440 534 199
Mortgages 0 0 0 0 0
Deferred Taxes/Income 369 282 187 125 100
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,294 1,199 952 5 103
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 204 139 71 52 39
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,399 2,259 1,649 716 441
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 939 819 838 535 458
Retained Earnings 46 17 -406 -51 -185
Other Equity -2 -11 -2 0 -1
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 984 826 430 484 272
Total Liabilities & Shareholder's Equity 3,383 3,084 2,079 1,200 713
Total Common Equity 984 826 430 484 272
Shares Outstanding 136.50 135.90 134.90 126.30 122.30
Book Value Per Share 7.21 6.07 3.19 3.83 2.23

Fiscal Year End for Enphase Energy, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,695 1,784 1,801 1,778
Receivables NA 446 560 520 516
Notes Receivable NA 0 0 0 0
Inventories NA 214 174 166 151
Other Current Assets NA 89 80 74 68
Total Current Assets NA 2,444 2,599 2,561 2,513
Net Property & Equipment NA 168 173 152 133
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 252 254 235 223
Intangibles NA 283 292 300 307
Deposits & Other Assets NA 216 215 195 184
Total Assets NA 3,383 3,554 3,466 3,381
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 116 90 79 106
Current Portion Long-Term Debt NA 0 95 93 92
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 262 435 425 397
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 154 155 146 134
Total Current Liabilities NA 532 774 744 729
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 369 366 354 322
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,294 1,197 1,201 1,200
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 202 194 159
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,399 2,539 2,493 2,411
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 939 899 858 813
Retained Earnings NA 46 125 190 164
Other Equity NA -2 -10 -7 -7
Treasury Stock NA 0 0 68 0
Total Shareholder's Equity NA 984 1,015 973 970
Total Liabilities & Shareholder's Equity NA 3,383 3,554 3,466 3,381
Total Common Equity 0 984 1,015 973 970
Shares Outstanding 135.90 136.50 136.50 136.30 137.00
Book Value Per Share 0.00 7.21 7.43 7.14 7.08