EnerNOC, Inc. (Nasdaq: ENOC) develops and provides clean power solutions to commercial, institutional, and industrial customers, as well as to electric power grid operators and utilities.
Analysts really like ENOC's next-generation, technology-based business model. The company uses its network operations center to remotely manage electricity consumption across a network of end-use customer sites and to make electric capacity and energy available on demand to grid operators and utilities.
Further, given the benefits of more-efficient electric power usage, analysts say the sector should be able to support ENOC's business model, and a few other competitors, as well. The Reuters FY 2008/FY 2009 EPS consensus estimates for are -$1.52 to -$0.95.
The risks? Analysts are keeping an eye on ENOC's progress toward profitability, as well as company's ability to diversify revenue streams and expand contracts.
Stock Analysis: EnerNOC is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than 3 years should be rewarded from ENOC's shares. Sell/Stop Loss if you were to purchase shares in this company: $17.
Disclosure: Lazzaro has no positions in stocks. In addition to private real estate holdings, he owns corporate and municipal bonds, and cash certificates of deposit.
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Reader Comments (Page 1 of 1)
2-27-2008 @ 1:14PM
Jim said...
The truth is the EnerNOC does not reduce consumption, they start up dirty back-up generators to meet reduction goals. They are the farthest thing from a green provider. NY DEC proposed emissions standard for NY generators - EnerNOC is crying because most of its portfolio wont be able to curtail now unless major upgrades are made to these dirty units to make them clean. I'd watch for this stock to tank sooner than later. Also, gaming in PJM and NE's RT markets are looking like EnerNOC and Comverge have alot of explaining to do.