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 $15.76, up 0.64% from the previous day, and has decreased 1.13% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.04 percentage points. Enlight Renewable Energy stock is currently +30.14% from its 52-week low of $12.11, and -22.9% from its 52-week high of $20.44.
There are currently 117.96M ENLT shares outstanding. The market cap of ENLT is $1.86B. In the past 24 hours, 11,223 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 undervalued based on its P/E ratio of 25.84x, relative to Utilities - Renewable industry P/E ratio of 31.66x
- ENLT may be undervalued based on its P/B ratio of 1.59x, relative to Utilities - Renewable industry P/B ratio of 2.6x
- ENLT could be undervalued based on its PEG ratio of 0.28x
You can access additional valuation research 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.
- ENLT profit margin has gone up from 12.9% to 27.7% in the past year.
Cons:
- ENLT has cash burn of 581356000. It does not have sufficient cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the ENLT balance sheet.
- ENLT has $552.78M in cash and short term investments. This is not sufficient to cover its annual cash burn of $581.36M.
- ENLT has a relatively high debt to equity ratio of 2.74.
Is it a good time to buy Enlight Renewable Energy stock, according to Wall Street analysts?
Out of 4 sell side analysts who track ENLT, the consensus analyst rating on Enlight Renewable Energy is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Enlight Renewable Energy stock forecast page.
Metrics for Advanced ENLT Traders
Is ENLT Growing Revenue?
Last year, ENLT earnings were $70.92M. Over the past two year, ENLT's earnings have grown by 125.46% per year. This was faster than the Utilities - Renewable industry average of 3.8%.
Last year, ENLT revenue was $255.70M. In the past 3 year, ENLT's revenue has grown by 138.14% per year. This was faster than the Utilities - Renewable industry average of 10.33%.
Learn more about ENLT's earnings and revenue performance here.
Who is buying/selling ENLT?
Over the last year, insiders at ENLT have not bought or sold any shares.
Research 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.
What others are saying about ENLT
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your ENLT trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price limit, use a limit order.
Click the Open button and your broker will execute the order.
If you want more help with buying stocks on eToro, watch the how to 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 stock purchase.
Make a watchlist to track the most important metrics related to your ENLT stock.
ENLT Feed
How to Buy Stock in Enlight Renewable Energy
To reiterate, 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, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Enlight Renewable Energy, click the button below.
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