SolarEdge Technologies (SEDG) versus Its Peers Financial Survey

SolarEdge Technologies (NASDAQ:SEDG – Get Free Report) is one of 216 publicly-traded companies in the “Electrical Equipment” industry, but how does it weigh in compared to its rivals? We will compare SolarEdge Technologies to related companies based on the strength of its dividends, institutional ownership, profitability, earnings, analyst recommendations, risk and valuation.

Analyst Recommendations

This is a summary of recent recommendations and price targets for SolarEdge Technologies and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarEdge Technologies 5 11 2 0 1.83
SolarEdge Technologies Competitors 2297 5180 7231 439 2.38

SolarEdge Technologies presently has a consensus price target of $36.93, suggesting a potential upside of 42.82%. As a group, “Electrical Equipment” companies have a potential upside of 46.46%. Given SolarEdge Technologies’ rivals stronger consensus rating and higher possible upside, analysts clearly believe SolarEdge Technologies has less favorable growth aspects than its rivals.

Profitability

This table compares SolarEdge Technologies and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SolarEdge Technologies -17.34% -19.80% -3.68%
SolarEdge Technologies Competitors -380.43% -44.08% -7.39%

Earnings & Valuation

This table compares SolarEdge Technologies and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
SolarEdge Technologies $1.32 billion -$405.45 million -6.81
SolarEdge Technologies Competitors $2.39 billion $148.65 million 21.43

SolarEdge Technologies’ rivals have higher revenue and earnings than SolarEdge Technologies. SolarEdge Technologies is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

95.1% of SolarEdge Technologies shares are held by institutional investors. Comparatively, 37.3% of shares of all “Electrical Equipment” companies are held by institutional investors. 1.0% of SolarEdge Technologies shares are held by insiders. Comparatively, 14.5% of shares of all “Electrical Equipment” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Volatility & Risk

SolarEdge Technologies has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500. Comparatively, SolarEdge Technologies’ rivals have a beta of -20.43, suggesting that their average share price is 2,143% less volatile than the S&P 500.

Summary

SolarEdge Technologies rivals beat SolarEdge Technologies on 8 of the 13 factors compared.

About SolarEdge Technologies

(Get Free Report)

SolarEdge Technologies develops smart energy technologies for residential, commercial and utility-scale applications. Founded in 2006, the company is known for its DC-optimized inverter system, which combines power optimizers with inverters to help manage solar energy production at the panel level. Its product portfolio includes solar inverters and power optimizers, energy storage systems, monitoring and energy-management software, electric-vehicle charging equipment and related services. These offerings are designed to support the generation, storage and use of electricity from solar and other energy sources.

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