Enlight Renewable Energy Ltd (ENLT)

Market Cap	1.92B
Revenue (ttm)	358.42M
Net Income (ttm)	48.68M
Shares Out	118.47M
EPS (ttm)	0.41
PE Ratio	39.62
Forward PE	31.52
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,188
Open	16.38
Previous Close	16.14
Day's Range	16.32 - 16.43
52-Week Range	14.09 - 20.00
Beta	0.68
Analysts	Buy
Price Target	19.00 (+15.66%)
Earnings Date	Nov 13, 2024

About ENLT

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. The company was incorporated in 1981 and is headquartered in Rosh Haayin, Israel.

• Industry: Utilities - Renewable
• Sector: Utilities
• IPO Date: Feb 10, 2023
• Employees: 287
• Stock Exchange: NASDAQ
• Ticker Symbol: ENLT
• Website: https://www.enlightenergy.co.il

Financial Performance

In 2023, Enlight Renewable Energy's revenue was $255.70 million, an increase of 33.06% compared to the previous year's $192.17 million. Earnings were $70.92 million, an increase of 186.57%.

Analyst Forecast

According to 4 analysts, the average rating for ENLT stock is "Buy." The 12-month stock price forecast is $19.0, which is an increase of 15.66% from the latest price.

Price Target

$19.0

(15.66% upside)

Analyst Consensus: Buy