Roth Capital Issues Negative Estimate for ENLT Earnings

Enlight Renewable Energy Ltd (NASDAQ:ENLT) – Research analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for Enlight Renewable Energy in a research note issued on Wednesday, November 13th. Roth Capital analyst J. Clare now expects that the company will post earnings of $0.07 per share for the quarter, down from their previous forecast of $0.10. The consensus estimate for Enlight Renewable Energy’s current full-year earnings is $0.26 per share. Roth Capital also issued estimates for Enlight Renewable Energy’s Q2 2025 earnings at $0.05 EPS, Q3 2025 earnings at $0.08 EPS, Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.44 EPS.

A number of other research analysts have also commented on ENLT. Barclays lifted their price objective on shares of Enlight Renewable Energy from $20.00 to $21.00 and gave the company an “overweight” rating in a research note on Friday. Roth Mkm restated a “buy” rating and issued a $20.00 price target on shares of Enlight Renewable Energy in a research report on Wednesday, August 14th.

Enlight Renewable Energy Stock Down 0.9 %

ENLT stock opened at $16.23 on Friday. The company has a market cap of $1.88 billion, a price-to-earnings ratio of 36.84 and a beta of 1.71. The company has a fifty day moving average price of $15.88 and a 200 day moving average price of $16.33. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.59 and a quick ratio of 0.59. Enlight Renewable Energy has a 12 month low of $14.09 and a 12 month high of $20.00.

Institutional Trading of Enlight Renewable Energy

Several hedge funds have recently made changes to their positions in ENLT. Y.D. More Investments Ltd raised its holdings in Enlight Renewable Energy by 94,919.7% during the second quarter. Y.D. More Investments Ltd now owns 1,957,405 shares of the company’s stock worth $31,166,000 after purchasing an additional 1,955,345 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in Enlight Renewable Energy by 4.2% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 8,771,161 shares of the company’s stock worth $147,885,000 after purchasing an additional 353,750 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its position in Enlight Renewable Energy by 3.0% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,619,180 shares of the company’s stock worth $42,326,000 after purchasing an additional 76,873 shares during the period. Public Employees Retirement System of Ohio purchased a new position in shares of Enlight Renewable Energy during the 3rd quarter worth approximately $655,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Enlight Renewable Energy by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 4,001,391 shares of the company’s stock valued at $67,704,000 after buying an additional 29,249 shares during the period. Institutional investors and hedge funds own 38.89% of the company’s stock.

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.