|Bid||193.01 x 800|
|Ask||195.19 x 900|
|Day's Range||162.60 - 174.48|
|52 Week Range||60.93 - 181.80|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||52.42|
|Earnings Date||Aug 03, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||139.14|
SolarEdge (SEDG) delivered earnings and revenue surprises of 40.58% and 3.18%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of SolarEdge Technologies surged in late trading as the provider of solar equipment and services reported second-quarter results late Monday that beat views on the top and bottom lines
Shares of SolarEdge Technologies (NASDAQ:SEDG) rose 11.32% after the company reported Q2 results.Quarterly Results Earnings per share rose 3.19% over the past year to $0.97, which beat the estimate of $0.69.Revenue of $331,851,000 up by 2.10% year over year, which beat the estimate of $319,420,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Aug 03, 2020View more earnings on SEDGTime: 04:30 PMET Webcast URL: https://edge.media-server.com/mmc/p/o5n5rffwRecent Stock Performance Company's 52-week high was at $181.81Company's 52-week low was at $60.93Price action over last quarter: Up 58.10%Company Description SolarEdge Technologies Inc together with its subsidiaries designs develops and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.See more from Benzinga * Earnings Scheduled For August 3, 2020 * Earnings Preview: SolarEdge Technologies * Stocks That Hit 52-Week Highs On Thursday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.