Tigo Energy Inc. (TYGO)
NASDAQ (CM) NASDAQ (CM) Primary 
Tigo Energy, Inc. (TYGO) Q3 2024 Earnings Call Transcript
Tigo Energy, Inc. (NASDAQ:TYGO ) Q3 2024 Earnings Conference Call November 6, 2024 4:30 PM ET Company Participants Zvi Alon - Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Sameer Joshi - H.C. Wainwright Operator Good afternoon.
Tigo Energy, Inc. (TYGO) Reports Q3 Loss, Tops Revenue Estimates
Tigo Energy, Inc. (TYGO) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.89 per share a year ago.
Tigo Energy, Inc. (TYGO) Q2 2024 Earnings Call Transcript
Tigo Energy, Inc. (NASDAQ:TYGO ) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Zvi Alon - Chairman and Chief Executive Officer Bill Roeschlein - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Eric Stine - Craig-Hallum Capital Group Amit Dayal - H.C. Wainright Operator Good afternoon.
Tigo Energy, Inc. (TYGO) Reports Q2 Loss, Lags Revenue Estimates
Tigo Energy, Inc. (TYGO) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to earnings of $0.14 per share a year ago.
Tigo Energy, Inc. (NASDAQ:TYGO) Forecasted to Earn Q2 2024 Earnings of ($0.14) Per Share
Tigo Energy, Inc. (NASDAQ:TYGO – Free Report) – Roth Capital upped their Q2 2024 earnings per share (EPS) estimates for shares of Tigo Energy in a research note issued to investors on Wednesday, May 15th. Roth Capital analyst P. Shen now forecasts that the company will earn ($0.14) per share for the quarter, up from their prior forecast of ($0.16). The consensus estimate for Tigo Energy’s current full-year earnings is ($0.55) per share. Roth Capital also issued estimates for Tigo Energy’s Q3 2024 earnings at ($0.10) EPS, Q4 2024 earnings at ($0.08) EPS, FY2024 earnings at ($0.52) EPS, Q1 2025 earnings at ($0.09) EPS, Q2 2025 earnings at ($0.09) EPS, Q3 2025 earnings at ($0.08) EPS, Q4 2025 earnings at ($0.06) EPS and FY2025 earnings at ($0.32) EPS. A number of other research analysts have also commented on TYGO. Roth Mkm lifted their price objective on shares of Tigo Energy from $1.40 to $1.50 and gave the company a “neutral” rating in a research note on Thursday. HC Wainwright restated a “buy” rating and issued a $5.00 price target on shares of Tigo Energy in a research report on Wednesday, May 15th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $6.88. Check Out Our Latest Analysis on Tigo Energy Tigo Energy Stock Down 21.7 % TYGO stock opened at $1.12 on Monday. The company has a market cap of $67.60 million, a price-to-earnings ratio of -0.72 and a beta of 0.66. The company has a fifty day moving average price of $1.08 and a 200 day moving average price of $1.56. The company has a debt-to-equity ratio of 0.62, a current ratio of 6.24 and a quick ratio of 1.64. Tigo Energy has a 12 month low of $0.86 and a 12 month high of $27.00. Tigo Energy (NASDAQ:TYGO – Get Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The company reported ($0.19) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.01. The business had revenue of $9.80 million during the quarter, compared to the consensus estimate of $11.22 million. Tigo Energy had a negative return on equity of 61.94% and a negative net margin of 18.48%. Hedge Funds Weigh In On Tigo Energy A hedge fund recently bought a new stake in Tigo Energy stock. DekaBank Deutsche Girozentrale bought a new position in shares of Tigo Energy, Inc. (NASDAQ:TYGO – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 150,000 shares of the company’s stock, valued at approximately $1,052,000. DekaBank Deutsche Girozentrale owned approximately 0.26% of Tigo Energy as of its most recent filing with the SEC. Hedge funds and other institutional investors own 15.72% of the company’s stock. Insider Transactions at Tigo Energy In other news, CEO Zvi Alon sold 24,287 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $1.23, for a total transaction of $29,873.01. Following the transaction, the chief executive officer now directly owns 232,773 shares in the company, valued at $286,310.79. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 197,671 shares of company stock worth $260,003. Company insiders own 26.30% of the company’s stock. Tigo Energy Company Profile (Get Free Report) Tigo Energy, Inc provides solar and energy storage solutions for the solar industry. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities.
