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Solaredge Technologies Inc Stock Research

SEDG

137.04USD-2.16(-1.55%)Delayedas of 21 Sep 2023, 12:28 pm
Watchlist

Market Summary

USD137.04-2.16
Delayedas of 21 Sep 2023, 12:28 pm
-1.55%

SEDG Alerts

SEDG Stock Price

SEDG RSI Chart

SEDG Valuation

Market Cap

7.9B

Price/Earnings (Trailing)

25.94

Price/Sales (Trailing)

2.15

EV/EBITDA

15.41

Price/Free Cashflow

-62.75

SEDG Price/Sales (Trailing)

SEDG Profitability

Operating Margin

28.41%

EBT Margin

8.81%

Return on Equity

8.47%

Return on Assets

4.43%

Free Cashflow Yield

-1.59%

SEDG Fundamentals

SEDG Revenue

Revenue (TTM)

3.7B

Revenue Y/Y

36.21%

Revenue Q/Q

5.02%

SEDG Earnings

Earnings (TTM)

303.5M

Earnings Y/Y

692.3%

Earnings Q/Q

-13.64%

Price Action

52 Week Range

135.72345.80
(Low)(High)

Last 7 days

-4.0%

Last 30 days

-14.6%

Last 90 days

-43.1%

Trailing 12 Months

-52.7%

SEDG Financial Health

Current Ratio

3.6

SEDG Investor Care

Shares Dilution (1Y)

1.96%

Diluted EPS (TTM)

5.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for SEDG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-09
Gross Dana Rebecca
acquired
-
-
1,788
-
2023-08-09
Faier Ronen
bought
157,588
180
875
chief financial officer
2023-06-02
Adest Meir
sold
-90,650
302
-300
vp, core technologies
2023-06-02
Adest Meir
acquired
25,147
101
247
vp, core technologies
2023-06-01
Payne Tal
acquired
-
-
661
-
2023-06-01
Zafrir Nadiv
acquired
-
-
1,441
-
2023-06-01
ATKINS BETSY S
acquired
-
-
661
-
2023-06-01
Hoke Dirk
acquired
-
-
661
-
2023-06-01
Faier Ronen
sold
-16,710
293
-57.00
chief financial officer
2023-06-01
GANI MARCEL
acquired
-
-
661
-

1–10 of 50

Which funds bought or sold SEDG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-698
5,381
-%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-349
2,691
-%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
reduced
-45.27
-237,103
222,773
0.03%
2023-08-24
Alberta Investment Management Corp
unchanged
-
-237,738
1,832,770
0.02%
2023-08-22
Asset Dedication, LLC
new
-
2,000
2,000
-%
2023-08-22
US Asset Management LLC
sold off
-100
-219,000
-
-%
2023-08-21
Principal Street Partners, LLC
sold off
-100
-225,531
-
-%
2023-08-21
OSAIC HOLDINGS, INC.
unchanged
-
-110
1,186
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-76.33
-5,092,000
1,350,000
0.01%
2023-08-21
BOKF, NA
reduced
-33.54
-376,824
538,369
0.01%

1–10 of 45

Latest Funds Activity

Are funds buying SEDG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SEDG
No. of Funds

Schedule 13G FIlings of Solaredge Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
blackrock inc.
10.2%
5,745,859
SC 13G/A
Jan 27, 2023
blackrock inc.
9.3%
5,203,122
SC 13G/A
Jan 24, 2023
blackrock inc.
9.3%
5,203,122
SC 13G/A
Jul 08, 2022
blackrock inc.
10.3%
5,719,965
SC 13G
Feb 11, 2022
swedbank robur fonder ab
3.16%
1,657,113
SC 13G
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 08, 2022
blackrock inc.
8.5%
4,457,148
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G
Feb 05, 2021
blackrock inc.
11.7%
5,998,029
SC 13G/A
Jul 10, 2020
blackrock inc.
10.3%
5,111,607
SC 13G/A

Recent SEC filings of Solaredge Tech

View All Filings
Date Filed Form Type Document
Aug 11, 2023
4
Insider Trading
Aug 11, 2023
4
Insider Trading
Aug 07, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Jul 07, 2023
8-K
Current Report
Jul 07, 2023
8-K
Current Report
Jul 07, 2023
3
Insider Trading

SEDG Fair Value

Loading...

Peers (Alternatives to Solaredge Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
32.7B
-10.07% 220.66%
101.17
31.96
9.90% 33.38%
343.0B
35.5B
-4.00% 72.51%
25.06
9.68
11.91% 53.33%
161.9B
21.9B
-7.28% 33.34%
-6.5K
7.4
1.39% -100.80%
147.2B
18.8B
-3.48% -1.61%
19.15
7.82
-3.94% -10.38%
145.1B
54.0B
4.68% 22.88%
-157.35
2.68
-26.36% -104.83%
18.1B
3.0B
-6.86% 26.95%
115.58
6.05
20.63% -17.29%
11.7B
722.9M
-7.22% 65.38%
56.93
16.13
23.44% 50.75%
MID-CAP
5.5B
6.9B
-12.42% 23.72%
9.5
0.8
6.33% -16.28%
4.5B
514.5M
-4.14% 15.96%
49.9
8.77
-28.10% -51.06%
SMALL-CAP
1.2B
1.7B
-2.70% 33.62%
-44.3
0.67
-7.23% -137.93%
877.0M
1.1B
-12.41% 10.30%
38.86
0.82
-8.91% -64.16%
790.1M
691.3M
-8.49% -14.61%
63.9
1.14
-11.09% -97.27%
483.0M
122.0M
-0.73% -25.65%
-15.55
3.96
-9.27% -3581.39%
309.4M
250.2M
-8.00% -30.79%
-7.81
1.24
-43.50% -156.17%

Solaredge Tech News

Barchart
3 Top Solar Stocks to Consider Adding to Your Portfolio.
Barchart,
59 days ago
InvestorPlace
InvestorPlace
Cantech Letter
InvestorPlace
GlobeNewswire

Returns for SEDG

Cumulative Returns on SEDG

37.4%


7-Year Cumulative Returns

26.7%


5-Year Cumulative Returns

-9.2%


3-Year Cumulative Returns

Risks for SEDG

What is the probability of a big loss on SEDG?

88.5%


Probability that Solaredge Tech stock will be more than 20% underwater in next one year

86.5%


Probability that Solaredge Tech stock will be more than 30% underwater in next one year.

64.6%


Probability that Solaredge Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SEDG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Solaredge Tech was unfortunately bought at previous high price.

Drawdowns

Financials for Solaredge Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue7.8%3,6633,3993,1102,7712,4612,2131,9641,7701,5821,4341,4591,5191,5921,5851,4261,2711,097999937863793
Gross Profit13.9%1,100966845744695668629579515461461494526533479416354326319310291
Operating Expenses2.9%727706679532500454422399370343319316311304289252223199180160149
  S&GA Expenses3.2%17116516015013712711911510799.0096.0091.0091.0092.0088.0084.0078.0072.0068.0063.0059.00
  R&D Expenses3.9%31530329027526123922020318817316315114013212111110191.0082.0074.0068.00
EBITDA-100.0%-342218198197226217--168181219222226197153137----
EBITDA Margin-100.0%-0.10*0.07*0.07*0.08*0.10*0.11*--0.12*0.12*0.14*0.14*0.14*0.14*0.12*0.13*----
Interest Expenses-------0.00---0.00---1.00---0.00--
Earnings Before Taxes44.1%431299177161162195187177163151164200203208179141126118137149144
EBT Margin-100.0%-0.09*0.06*0.06*0.07*0.09*0.10*0.10*0.10*0.11*0.11*0.13*0.13*0.13*0.13*------
Net Income52.5%30319994.00114142172169146137128140175173170147107111112129135118
Net Income Margin-100.0%-0.06*0.03*0.04*0.06*0.08*0.09*0.08*0.09*0.09*0.10*0.12*0.11*0.11*0.10*------
Free Cashflow-100.0%-38.00-138-170-110-14065.0021.00-19.9815.0096.00155215221186------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets4.5%4,6974,4964,2663,9043,7733,6832,9012,6572,5642,4652,4372,2781,6061,5141,4951,3381,2221,177964852783
  Current Assets6.4%3,4493,2422,9002,4522,2842,4621,7111,5531,4891,5851,7191,7451,073956933835731718677656616
    Cash Equivalents-23.4%5587287836787461,0035305275246858271,048428324224247177226188193215
  Inventory12.6%984874729561470433380305322340332297264199171134149151142107102
  Net PPE4.4%58155654449148947441035334031230325822619617715014013311973.0069.00
  Goodwill41.4%42.0030.0031.00109116127130132136135140133128126130---35.003.003.00
  Current Liabilities-0.3%898900890694612569525406400398436383405390437335294248226166154
Shareholder's Equity7.2%2,5202,3512,1762,0522,0282,0111,3101,2421,1781,1001,0861,032925866812732674626571539485
  Retained Earnings13.5%1,002882744723698683650609556511478460417380338285243210191178133
  Additional Paid-In Capital3.2%1,5961,5461,5061,4571,4191,373687652625596604574512492476450432417372362353
Shares Outstanding0.4%57.0056.0056.0056.0055.0053.0053.0052.0052.0052.0052.0051.0050.0049.0049.0048.0048.0047.0046.0046.0045.00
Minority Interest----------------5.006.0071.008.00--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-82.2%36.0020231.0010.0066.0027.00214152118139223278319310259223188182189188187
  Share Based Compensation1.3%15315114613612711410398.0088.0078.0067.0065.0066.0063.0060.0047.0038.0033.0031.0027.0024.00
Cashflow From Investing49.8%-235-469-417-466-474-345-484-635-599-370-236-93.76-73.76-155-152-93.89-144-171-156-157-99.85
Cashflow From Financing-33.6%-3.94-2.95655651654639-15.18-16.266106356406333.00-67.08-73.02-84.18-82.93-15.19-7.9511.0013.00

SEDG Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenues$ 991,290$ 727,774$ 1,935,179$ 1,382,854
Cost of revenues673,985545,1321,317,7481,021,254
Gross profit317,305182,642617,431361,600
Operating expenses:    
Research and development86,52674,847166,399141,196
Sales and marketing44,22238,97585,18874,291
General and administrative36,19928,12172,76654,550
Other operating expense (income), net04,687(1,434)4,687
Total operating expenses166,947146,630322,919274,724
Operating income150,35836,012294,51286,876
Financial income (expense), net3,384(14,311)27,058(18,916)
Other loss00(125)(844)
Income before income taxes153,74221,701321,44567,116
Income taxes34,2326,61763,55718,909
Net income$ 119,510$ 15,084$ 257,888$ 48,207
Net income per share:    
Net basic earnings per share of common stock$ 2.12$ 0.27$ 4.58$ 0.89
Net diluted earnings per share of common stock$ 2.03$ 0.26$ 4.38$ 0.86
Weighted average number of shares used in computing net basic earnings per share of common stock56,415,63655,470,27956,316,11654,309,060
Weighted average number of shares used in computing net diluted earnings per share of common stock59,183,66658,564,73459,189,30257,446,416

SEDG Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
CURRENT ASSETS:  
Cash and cash equivalents$ 557,744$ 783,112
Marketable securities493,176241,117
Trade receivables, net of allowances of $6,890 and $3,202, respectively1,149,820905,146
Inventories, net984,194729,201
Prepaid expenses and other current assets264,188241,082
Total current assets3,449,1222,899,658
LONG-TERM ASSETS:  
Marketable securities435,800645,491
Deferred tax assets, net49,99344,153
Property, plant and equipment, net580,503543,969
Operating lease right-of-use assets, net66,38762,754
Intangible assets, net43,65619,929
Goodwill42,33231,189
Other Assets, Noncurrent28,77218,806
Total long-term assets1,247,4431,366,291
Total assets4,696,5654,265,949
CURRENT LIABILITIES:  
Trade payables, net434,602459,831
Employees and payroll accruals74,70985,158
Warranty obligations146,150103,975
Deferred revenues and customers advances28,13526,641
Accrued expenses and other current liabilities214,133214,112
Total current liabilities897,729889,717
LONG-TERM LIABILITIES:  
Convertible senior notes, net625,914624,451
Warranty obligations342,437281,082
Deferred revenues204,693186,936
Finance lease liabilities42,20845,385
Operating lease liabilities47,04646,256
Other long-term liabilities16,34915,756
Total long-term liabilities1,278,6471,199,866
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:  
Common stock of $0.0001 par value - Authorized: 125,000,000 shares as of June 30, 2023 and December 31, 2022; issued and outstanding: 56,556,340 and 56,133,404 shares as of June 30, 2023 and December 31, 2022, respectively66
Additional paid-in capital1,595,8901,505,632
Accumulated other comprehensive loss(77,432)(73,109)
Retained earnings1,001,725743,837
Total stockholders’ equity2,520,1892,176,366
Total liabilities and stockholders’ equity$ 4,696,565$ 4,265,949
Zvi Lando
3960
SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations worldwide. It operates through five segments: Solar, Energy Storage, e-Mobility, Critical Power, and Automation Machines. The company offers inverters, power optimizers, communication devices, and smart energy management solutions used in residential, commercial, and small utility-scale solar installations; and a cloud-based monitoring platform that collects and processes information from the power optimizers and inverters, as well as monitors and manages the solar PV system. It also provides residential, commercial, and large scale PV, energy storage and backup, electric vehicle charging, and home energy management solutions, as well as grid services; and e-Mobility, automation machines, lithium-ion cells and battery packs, and uninterrupted power supply solutions, as well as virtual power plants, which helps to manage the load on the grid and grid stability. In addition, the company offers pre-sales support, ongoing trainings, and technical support and after installation services. The company sells its products to the providers of solar PV systems; and solar installers and distributors, electrical equipment wholesalers, and PV module manufacturers, as well as engineering, procurement, and construction firms. SolarEdge Technologies, Inc. was founded in 2006 and is headquartered in Herzliya, Israel.