How to Buy Enlight Renewable Energy Stock
Enlight Renewable Energy Ltd
Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources.
Enlight Renewable Energy stock last closed at $15.12, down 3.14% from the previous day, and has decreased 10.95% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.39 percentage points. Enlight Renewable Energy stock is currently +7.92% from its 52-week low of $14.01, and -18.18% from its 52-week high of $18.48.
There are currently 118.57M ENLT shares outstanding. The market cap of ENLT is $1.79B. In the past 24 hours, 7336 ENLT shares were traded.
How to Buy Enlight Renewable Energy Stock
Wondering how to invest in Enlight Renewable Energy stock? Here's how.
- Choose where to buy Enlight Renewable Energy stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Enlight Renewable Energy stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Evaluate Enlight Renewable Energy stock: The Enlight Renewable Energy ticker symbol is ENLT. Is Enlight Renewable Energy stock a good investment? Should you buy shares of ENLT? How do ENLT's underlying business fundamentals look? Do top analysts think Enlight Renewable Energy is a good buy? Why has ENLT's stock price moved recently? (Hint: Our stock research tools can help you understand if ENLT is a good stock to buy).
- Execute your ENLT trade: Decide if you will purchase ENLT shares at the current market price or use a limit order to buy ENLT stock at a given price.
- Get updates on your ENLT position: Create a watchlist to watch your new investment in Enlight Renewable Energy shares.
Step 1: Choose where to buy Enlight Renewable Energy stock
You will need a brokerage account in order to access the NASDAQ market and buy ENLT stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal information so you can buy ENLT stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on mobile trading apps, you need to deposit funds:
Check out this video walkthrough if you need help transferring funds into your investment account.
Step 4: Evaluate Enlight Renewable Energy stock
After you have chosen the best place to buy Enlight Renewable Energy stock, it's very important to analyze their stock before you invest, so you can understand the risk as well as the upside.
Enlight Renewable Energy Numbers
Enlight Renewable Energy Due Diligence Checks
WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ENLT's stock page.
Is ENLT stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge ENLT's fair value.
Using relative valuations methods:
- ENLT could be overvalued based on its P/E ratio of 40.86x, relative to Utilities - Renewable industry P/E ratio of 35.66x
- ENLT may be undervalued based on its P/B ratio of 1.52x, relative to Utilities - Renewable industry P/B ratio of 4.07x
You can access additional valuation analysis on ENLT's stock here.
How do ENLT Financials look?
Pros:
- There are more short-term assets than short-term liabilities on the ENLT balance sheet.
Cons:
- There are more long-term liabilities than short-term assets on the ENLT balance sheet.
- ENLT profit margin has gone down from 27.2% to 11.1% in the past year.
- ENLT has $475.94M in cash and short term investments. This is not sufficient to cover its annual cash burn of $706.19M.
- ENLT has cash burn of 706185000. It does not have sufficient cash and short-term investments to cover this.
- ENLT has a relatively high debt to equity ratio of 3.48.
Do Wall Street analysts think it's a good time to buy ENLT stock
Out of 2 Wall Street analysts who give ratings on ENLT, the consensus analyst rating on ENLT is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Enlight Renewable Energy stock forecast page.
ENLT Technicals
ENLT Revenue
Last year, ENLT earnings were $44.21M. Over the past 3 year, ENLT's earnings have gone up by 127.72% per year. This was faster than the Utilities - Renewable industry average of 48.66%.
Last year, ENLT revenue was $398.80M. In the past 4 year, ENLT's revenue has gone up by 54.32% per year. This was faster than the Utilities - Renewable industry average of 23.38%.
Dig into ENLT's earnings and revenue performance here.
Who is buying/selling ENLT?
Over the last year, executives and large shareholders at ENLT have not bought or sold any shares.
Learn more about who owns ENLT stock here.
Does ENLT provide a stable income stream?
No, Enlight Renewable Energy doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your ENLT trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Hit the Open Trade button and eToro will execute your order.
If you want additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get updates on your ENLT position
Now that you own some shares in ENLT, you'll want to stay up-to-date on your new company.
Make a watchlist to track your ENLT stock.
ENLT Feed
How to Buy Stock in Enlight Renewable Energy
To summarize, here are the 6 steps you need to take to buy Enlight Renewable Energy stock right now:
- Choose where to buy Enlight Renewable Energy stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Enlight Renewable Energy stock
- Execute your ENLT trade
- Get updates on your ENLT position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Enlight Renewable Energy, create your watchlist below.
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