Fiscal Year Earnings Estimate on SolarEdge Technologies, Inc.(SEDG)

SolarEdge Technologies, Inc.(SEDG): For the most recent quarter end, SolarEdge Technologies, Inc. reported Annual Earnings of $0.22. Based on the filings, last years Annual Earnings was, $1.75. For the most recent quarter end, SEDG reported a surprise Earnings per Share of -4.35% . The consensus estimate for current quarter is $0.18 and for the current fiscal year, the estimate is $1.06. For the Next fiscal year, the estimate is $1.1 based on the consensus.

SolarEdge Technologies, Inc. has received $0.18 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $0.17 while the top line estimate is $0.21 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -64.74%. SolarEdge Technologies, Inc. results fell short with a surprise EPS of -4.35% or $-0.01. The Actual EPS was $0.22 compared to the Estimated EPS of $0.23 during its most recent quarterly earnings.

SolarEdge Technologies, Inc. has a Price to Earnings ratio of 9.87 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.29. For the Most Recent Fiscal Year, SolarEdge Technologies, Inc. has a price to cash ratio of 8.47. For the Trailing twelve month period, company showed a Net Profit Margin of 12.95% and Return on Equity of the stock is 25.57%.

Solaredge Technologies Inc Last issued its quarterly earnings results on Feb 14, 2017. The company reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.29. The company had revenue of $111.50 million for the quarter, compared to analysts expectations of $114.91 million. The companys revenue was down -10.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.44 EPS.

Company has reported several Insider transactions to the SEC, on Dec 5, 2016, Lior Handelsman (VP Marketing&ProductStrategy) sold 891 shares at 12.78 per share price.On Dec 5, 2016, Rachel Prishkolnik (VP, GC and Corporate Secretary) sold 891 shares at 12.78 per share price.On Dec 5, 2016, Meir Adest (VP, Core Technologies) sold 891 shares at 12.78 per share price.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) witnessed a decline in the market cap on Wednesday as its shares dropped 5.19% or 0.8 points. After the session commenced at $15.3, the stock reached the higher end at $15.4 while it hit a low of $14.55. With the volume soaring to 921,695 shares, the last trade was called at $14.6. The company has a 52-week high of $28.99. The company has a market cap of $600 million and there are 41,063,194 shares in outstanding. The 52-week low of the share price is $11.35.

SolarEdge Technologies, Inc. provides inverter solution. The companys SolarEdge system offers power optimizers, inverters and a cloud-based monitoring platform. It serves residential solar installations to commercial and small utility-scale solar installations. SolarEdge Technologies, Inc. is headquartered in Hod Hasharon, Israel.


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