SolarEdge Technologies (SEDG) Declines More Than Market: Some Information for Investors

SolarEdge Technologies (SEDG) declined 6.18% to $30.52, underperforming the S&P 500's 1.11% loss. The stock has dropped 7.74% over the past month, lagging the sector's gains. While the company is forecasted to report EPS of $0.01 (up 103.23% YoY), revenue is expected to decline 3.25% to $329.11 million. SEDG holds a Zacks Rank #3 (Hold) rating, with the Solar industry ranking in the bottom 15% of all industries.