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

Enlight Renewable Energy (NASDAQ:ENLT) will likely be announcing its earnings results before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $289.04 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Enlight Renewable Energy Price Performance

Shares of NASDAQ:ENLT opened at $16.99 on Tuesday. The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 38.61 and a beta of 1.51. Enlight Renewable Energy has a 12 month low of $14.09 and a 12 month high of $18.48. The stock’s 50 day moving average price is $16.64 and its 200 day moving average price is $16.21. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.53 and a quick ratio of 0.53.

Wall Street Analysts Forecast Growth

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

About Enlight Renewable Energy

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.