|Bid||262.74 x 900|
|Ask||263.20 x 800|
|Day's Range||254.09 - 263.70|
|52 Week Range||85.69 - 377.00|
|Beta (5Y Monthly)||0.99|
|PE Ratio (TTM)||98.95|
|Earnings Date||May 04, 2021 - May 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||306.56|
SolarEdge (SEDG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Shares of Enphase Energy (NASDAQ: ENPH) rose 5.7%, while SolarEdge Technologies (NASDAQ: SEDG) gained 3.1% in the wake of their thumbs-up from Wall Street. Peer solar companies ReneSola (NYSE: SOL) and Sunworks (NASDAQ: SUNW) saw their shares rise as well, and they ended the session up 5.2% and 2.8%, respectively. Analysts at Tudor Pickering provided fuel to solar stocks today by initiating coverage on Enphase Energy and SolarEdge.
There might be some showers in the forecast this month, but that doesn't mean you should turn your back on a leading solar stock.