Roth Capital Issues Pessimistic Outlook for ENLT Earnings

Enlight Renewable Energy Ltd (NASDAQ:ENLT) – Investment analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for shares of Enlight Renewable Energy in a report released on Wednesday, November 13th. Roth Capital analyst J. Clare now forecasts that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate 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.

Separately, Roth Mkm reaffirmed a “buy” rating and issued a $20.00 price target on shares of Enlight Renewable Energy in a report on Wednesday, August 14th.

Enlight Renewable Energy Trading Up 3.0 %

Enlight Renewable Energy stock opened at $16.37 on Friday. The business has a 50 day moving average price of $15.86 and a two-hundred day moving average price of $16.33. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.59. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 37.21 and a beta of 1.71. Enlight Renewable Energy has a 12 month low of $14.09 and a 12 month high of $20.00.

Institutional Investors Weigh In On Enlight Renewable Energy

Several large investors have recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of Enlight Renewable Energy by 4.2% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 8,771,161 shares of the company’s stock valued at $147,885,000 after purchasing an additional 353,750 shares during the period. Vanguard Group Inc. grew its stake 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 purchasing an additional 29,249 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Enlight Renewable Energy by 3.0% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,619,180 shares of the company’s stock valued at $42,326,000 after purchasing an additional 76,873 shares during the period. Y.D. More Investments Ltd grew its stake in shares of Enlight Renewable Energy by 94,919.7% in the 2nd quarter. Y.D. More Investments Ltd now owns 1,957,405 shares of the company’s stock valued at $31,166,000 after purchasing an additional 1,955,345 shares during the period. Finally, Swiss National Bank grew its stake in shares of Enlight Renewable Energy by 1.3% in the 1st quarter. Swiss National Bank now owns 236,337 shares of the company’s stock valued at $3,954,000 after purchasing an additional 3,045 shares during the period. 38.89% of the stock is currently owned by institutional investors.

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.