Impact of Brokerage Rating on SolarEdge Technologies, Inc.(SEDG)

Many SolarEdge Technologies, Inc.(SEDG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Solaredge Technologies Inc was Reiterated by Barclays on Nov 22, 2016 to Overweight, Lowers Price Target to $ 17 from a previous price target of $22 .

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 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.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.82 by 11 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) shares are expected to touch $21.18 in the short term. This short term price target has been shared by 11 analysts. However, the standard deviation of short term price estimate has been valued at 7.33. The target price could hit $38 on the higher end and $10 on the lower end.

SolarEdge Technologies, Inc. (NASDAQ:SEDG) rose 7.43% or 1 points on Tuesday and made its way into the gainers of the day. After trading began at $13.55 the stock was seen hitting $14.45 as a peak level and $13.425 as the lowest level. The stock ended up at $14.45. The daily volume was measured at 1,513,720 shares. The 52-week high of the share price is $28.99 and the 52-week low is $11.35. The company has a market cap of $593 million.

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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