SolarEdge Technologies, Inc. (SEDG) At $36.30 Forms Top; Enersys (ENS) Shorts Down By 1.2%

Enersys (NYSE:ENS) had a decrease of 1.2% in short interest. ENS’s SI was 886,600 shares in January as released by FINRA. Its down 1.2% from 897,400 shares previously. With 250,700 avg volume, 4 days are for Enersys (NYSE:ENS)’s short sellers to cover ENS’s short positions. The SI to Enersys’s float is 2.07%. The stock increased 2.93% or $2.05 during the last trading session, reaching $72.13. About 376,906 shares traded or 30.54% up from the average. EnerSys (NYSE:ENS) has risen 40.27% since January 15, 2017 and is uptrending. It has outperformed by 23.57% the S&P500.

SolarEdge Technologies, Inc. (SEDG) formed multiple top with $39.20 target or 8.00% above today’s $36.30 share price. SolarEdge Technologies, Inc. (SEDG) has $1.56 billion valuation. The stock decreased 3.20% or $1.2 during the last trading session, reaching $36.3. About 581,258 shares traded. SolarEdge Technologies, Inc. (NASDAQ:SEDG) has declined 7.10% since January 15, 2017 and is downtrending. It has underperformed by 23.80% the S&P500.

Among 7 analysts covering Enersys (NYSE:ENS), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Enersys had 13 analyst reports since August 14, 2015 according to SRatingsIntel. Sidoti upgraded EnerSys (NYSE:ENS) on Thursday, August 17 to “Buy” rating. Oppenheimer maintained the stock with “Buy” rating in Wednesday, August 9 report. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, May 6 report. The company was upgraded on Thursday, June 2 by Maxim Group. As per Friday, August 12, the company rating was maintained by Maxim Group. The company was maintained on Wednesday, November 1 by Oppenheimer. Oppenheimer maintained the stock with “Buy” rating in Tuesday, May 30 report. Ardour Capital downgraded the shares of ENS in report on Friday, August 14 to “Hold” rating. CL King downgraded the stock to “Neutral” rating in Tuesday, November 10 report. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, January 25.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.28, from 1.21 in 2017Q2. It fall, as 34 investors sold EnerSys shares while 87 reduced holdings. 34 funds opened positions while 78 raised stakes. 40.71 million shares or 0.77% less from 41.03 million shares in 2017Q2 were reported. Moreover, Tudor Corporation Et Al has 0.03% invested in EnerSys (NYSE:ENS). New York-based Pinnacle Assocs Limited has invested 0.02% in EnerSys (NYSE:ENS). 9,199 were accumulated by Citigroup. State Treasurer State Of Michigan reported 0.01% of its portfolio in EnerSys (NYSE:ENS). Commonwealth Of Pennsylvania School Empls Retrmt invested 0.01% of its portfolio in EnerSys (NYSE:ENS). Profund Advsrs Ltd Company invested in 0.02% or 6,467 shares. Thompson Siegel And Walmsley Ltd Liability Corporation stated it has 322,131 shares or 0.27% of all its holdings. Advantus Mngmt Incorporated holds 0.01% of its portfolio in EnerSys (NYSE:ENS) for 5,460 shares. Mycio Wealth Prns Limited Liability reported 5,915 shares stake. Oregon Public Employees Retirement Fund holds 0.02% or 16,043 shares in its portfolio. Teachers Retirement System Of The State Of Kentucky reported 9,920 shares. Royal Bancorp Of Canada invested 0.03% in EnerSys (NYSE:ENS). Stifel Financial accumulated 5,621 shares. Orrstown Fincl Services Incorporated has 0.07% invested in EnerSys (NYSE:ENS). Parametric Portfolio Assocs Limited Liability Com stated it has 0.01% in EnerSys (NYSE:ENS).

EnerSys manufactures, markets, and distributes industrial batteries. The company has market cap of $3.04 billion. The firm offers chargers, outdoor cabinet enclosures, power equipment, and battery accessories, as well as related after-market and customer-support services for industrial batteries. It has a 19.66 P/E ratio. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

Among 18 analysts covering SolarEdge Technologies (NASDAQ:SEDG), 13 have Buy rating, 4 Sell and 1 Hold. Therefore 72% are positive. SolarEdge Technologies had 60 analyst reports since August 13, 2015 according to SRatingsIntel. As per Thursday, July 13, the company rating was maintained by Cowen & Co. FBR Capital upgraded it to “Buy” rating and $45.0 target in Thursday, November 9 report. The rating was initiated by Oppenheimer on Wednesday, September 9 with “Perform”. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Outperform” rating by FBR Capital on Friday, December 18. Goldman Sachs downgraded it to “Sell” rating and $12 target in Friday, October 7 report. The firm earned “Mkt Perform” rating on Thursday, November 10 by JMP Securities. The stock of SolarEdge Technologies, Inc. (NASDAQ:SEDG) earned “Buy” rating by TH Capital on Thursday, August 13. On Thursday, September 17 the stock rating was maintained by Needham with “Buy”. B. Riley & Co upgraded SolarEdge Technologies, Inc. (NASDAQ:SEDG) on Thursday, November 9 to “Buy” rating. The rating was maintained by JP Morgan on Wednesday, November 1 with “Overweight”.

Analysts await SolarEdge Technologies, Inc. (NASDAQ:SEDG) to report earnings on February, 13. They expect $0.51 earnings per share, up 131.82% or $0.29 from last year’s $0.22 per share. SEDG’s profit will be $21.93 million for 17.79 P/E if the $0.51 EPS becomes a reality. After $0.61 actual earnings per share reported by SolarEdge Technologies, Inc. for the previous quarter, Wall Street now forecasts -16.39% negative EPS growth.