Enlight Renewable Energy (ENLT) Expected to Announce Quarterly Earnings on Wednesday

Enlight Renewable Energy (NASDAQ:ENLT) is projected to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect Enlight Renewable Energy to post earnings of ($0.13) per share and revenue of $289.04 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Enlight Renewable Energy Trading Up 0.5 %

NASDAQ:ENLT opened at $16.99 on Tuesday. The stock has a 50-day simple moving average of $16.64 and a 200-day simple moving average of $16.21. The stock has a market cap of $1.96 billion, a P/E ratio of 38.61 and a beta of 1.51. Enlight Renewable Energy has a 1 year low of $14.09 and a 1 year high of $18.48. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.53 and a current ratio of 0.53.

Wall Street Analysts Forecast Growth

Several analysts have commented on ENLT shares. JPMorgan Chase & Co. upped their price objective on Enlight Renewable Energy from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Thursday, January 23rd. Barclays upped their price target on Enlight Renewable Energy from $20.00 to $21.00 and gave the stock an “overweight” rating in a report on Friday, November 15th.

Enlight Renewable Energy Company Profile

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects.