SolarEdge Technologies (SEDG) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Stock Performance - SolarEdge Technologies closed at $14 71, marking a -1 87% move from the prior day, lagging the S&P 500's daily loss of 1 54% [1] - Prior to the latest trading session, the company's shares had gained 12 88% over the past month, outperforming the Oils-Energy sector's loss of 11 05% and the S&P 500's loss of 2 2% [1] Earnings Expectations - The company is predicted to post an EPS of -$1 75, indicating a 90 22% decline compared to the equivalent quarter last year [2] - Revenue is expected to be $185 58 million, down 41 28% from the prior-year quarter [2] Industry and Sector Analysis - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 142, placing it in the bottom 44% of all 250+ industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4] Analyst Estimates and Revisions - Recent changes to analyst estimates reflect evolving short-term business trends, with positive revisions indicating optimism about the company's business and profitability [5] - The consensus EPS projection has moved 0 98% higher within the past 30 days [6] Zacks Rank and Stock Rating - SolarEdge Technologies currently has a Zacks Rank of 3 (Hold) [6] - The Zacks Rank system has a track record of outperformance, with 1 stocks generating an average annual return of +25% since 1988 [6]