1 HaMada Street
Herzliya , 4673335
Herzliya , 4673335
News
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SolarEdge plunged 20% to $67.37 after the solar inverter maker reported weaker-than-expected revenue, but losses narrowed in the fourth quarter.
Revenue in the fourth quarter declined to $316 million from $890.7 million, net income swung to a loss of $162.4 million from $20.8 million, and diluted earnings per share were ($2.85) compared to a profit of 36 cents a year ago.
Revenue in 2023 increased to $2.97 billion from $1.96 billion, net income decreased to $34.3 million from $169.2 million, and diluted earnings per share declined to 60 cents from $3. More
Feb 21, 2024 -
SolarEdge Technologies Inc. dropped 10.5% to $67.65 after the company reported weaker-than-expected sales in the third quarter and forecasted more weakness in the fourth quarter.
Revenue in the third quarter declined to $725 million and loss per share was 55 cents, and the company guided fourth quarter sales to drop in the range between $275 million and $320 million.
The demand for home solar installations nosedived on rising interest rates after California cut the compensation rate for solar incentive programs in April.
California is expected to announce More
Nov 2, 2023
Executive/
Director
Links
Price
- Last Close
-
$ 14.1
$ -0.17 -1.19 %
Dec 10, 2024
- 52-Week High/Low
- $162.57 - $21.2
- YTD
- -84.9%
- Trading Volume
- 80,601
- Market Cap Full
- $ 801M
- Shares Outstanding
-
56.8M
Nov 1, 2023
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | - | -10.8% | 25.8% | 40.1% | 7.4% | -5% | -9.9% | 14.9% | 7.3% | -24.2% |
| Q2 | 65.8% | -22% | 28.2% | -11.6% | 62.2% | 4% | -3.9% | -15.1% | -11.5% | -3.6% |
| Q3 | -37% | -12.1% | 42.8% | -25.9% | 34.7% | 8% | -4% | -15.4% | -51.9% | - |
| Q4 | 22.9% | -28% | 30.6% | -7.4% | 13.4% | 33.9% | 5.8% | 22.4% | -23.6% | - |
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -29% | 1% | 5.7% | -3.7% | - | - | - | - | - | - | - | - |
| 2023 | 12.7% | -0.4% | -4.4% | -6% | -0.3% | -5.5% | -10.3% | -32.7% | -20.3% | -41.4% | 4.5% | 17.9% |
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0% | 0% | -56% | 203% | -7% | 173% | 233% | -12% | 1% | -67% | -85% |
Earnings
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Q1 | 0.19 | 0.52 | 0.32 | 0.75 | 0.39 | 0.81 | 0.55 | 0.6 | 2.35 |
| Q2 | 0.29 | 0.39 | 0.50 | 0.72 | 0.66 | 0.7 | 0.82 | 0.26 | 2.03 |
| Q3 | 0.32 | 0.43 | 0.61 | 0.95 | 0.81 | 0.83 | 0.96 | 0.43 | -1.08 |
| Q4 | 0.41 | 0.22 | 0.80 | 0.27 | 1.04 | 0.33 | 0.74 | 0.36 | - |
| A | 1.2 | 1.6 | 2.2 | 2.7 | 2.9 | 2.7 | 3.1 | 1.7 | 3.3 |
Annual Returns
52 Week
High/Low
Annual
Earnings
Chart
Trading Volume
Outstanding Shares
(In Millions) +
Jan 16, 2024
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Mar | - | 47.3 | 49.2 | 51.6 | 52.8 | 56.1 |
| Jun | 45 | 47.5 | 49.6 | 52 | 55.4 | 56.3 |
| Sep | 45.5 | 48 | 50.1 | 52.3 | 55.6 | 56.6 |
| Dec | 45.8 | 48.6 | 51.2 | 52.5 | 55.9 | 56.8 |
SEC Filings
Financial Ratios
| 2022 | 2021 | 2020 | 2019 | 2018 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Management | |||||||||||
| Inventory / Stock Turnover | 3.1 | 3.5 | 3 | 5.5 | 4.4 | ||||||
| Fixed Asset Turnover | 2.6 | 2.1 | 3.2 | 4.7 | 4.7 | ||||||
| Total Asset Turnover | 0.7 | 0.7 | 0.6 | 1 | 1 | ||||||
| Leverage | |||||||||||
| Debt Ratio | 0.2 | 0.4 | 0.3 | - | - | ||||||
| Debt – Equity Ratio | 0.3 | 0.5 | 0.5 | - | - | ||||||
| Interest Coverage | 2.3 | 5.5 | 47.7 | 4.4 | 13.9 | ||||||
| Equity multiplier | 0.6 | 0.7 | 0.4 | 0.4 | 0.4 | ||||||