Enlight Renewable Energy Ltd's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 34 out of 66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 85.80.In the medium term, the stock price is expected to trend up.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Enlight Renewable Energy Ltd's Score
Industry at a Glance
Industry Ranking
34 / 66
Overall Ranking
207 / 4570
Industry
Electric Utilities & IPPs
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive+
Enlight Renewable Energy Ltd Highlights
StrengthsRisks
Enlight Renewable Energy Ltd is an Israel-based company. Enlight Renewable Energy Ltd operates in the fields of wind energy and solar energy in Israel and in the international market. The Company has four geographical areas of activity such as, Renewable energy activity in Israel within this field, the company engages in the initiation, planning, development, financing, establishment and operation of photovoltaic projects that produce electricity from solar energy in Israel, Central-Eastern Europe that includes wind projects across Central Eastern Europe but also Balkan region , Western Europe where the Company works to develop and establish large wind projects in developed electricity markets in Western European countries, which are mostly based on the sale of electricity in Spain, Sweden and Ireland.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 127.71% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 582.26M.
Overvalued
The company’s latest PE is 191.65, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 78.19M shares, decreasing 11.01% quarter-over-quarter.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 4.06.
Analyst Rating
Based on
7
analysts
Hold
Current Rating
85.800
Target Price
-0.74%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Enlight Renewable Energy Ltd is an Israel-based company. Enlight Renewable Energy Ltd operates in the fields of wind energy and solar energy in Israel and in the international market. The Company has four geographical areas of activity such as, Renewable energy activity in Israel within this field, the company engages in the initiation, planning, development, financing, establishment and operation of photovoltaic projects that produce electricity from solar energy in Israel, Central-Eastern Europe that includes wind projects across Central Eastern Europe but also Balkan region , Western Europe where the Company works to develop and establish large wind projects in developed electricity markets in Western European countries, which are mostly based on the sale of electricity in Spain, Sweden and Ireland.