ENLT vs. BEP, OGE, BEPC, CWEN, CIG, IDA, ORA, POR, AQN, and ENIC
Should you be buying Enlight Renewable Energy stock or one of its competitors? The main competitors of Enlight Renewable Energy include Brookfield Renewable Partners (BEP), OGE Energy (OGE), Brookfield Renewable (BEPC), Clearway Energy (CWEN), CEMIG (CIG), IDACORP (IDA), Ormat Technologies (ORA), Portland General Electric (POR), Algonquin Power & Utilities (AQN), and Enel Chile (ENIC). These companies are all part of the "electric services" industry.
Enlight Renewable Energy (NASDAQ:ENLT) and Brookfield Renewable Partners (NYSE:BEP) are both mid-cap oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, media sentiment, earnings, profitability, valuation, risk, institutional ownership, community ranking and dividends.
Brookfield Renewable Partners received 449 more outperform votes than Enlight Renewable Energy when rated by MarketBeat users. However, 78.57% of users gave Enlight Renewable Energy an outperform vote while only 61.83% of users gave Brookfield Renewable Partners an outperform vote.
Enlight Renewable Energy has a beta of 1.68, meaning that its stock price is 68% more volatile than the S&P 500. Comparatively, Brookfield Renewable Partners has a beta of 0.82, meaning that its stock price is 18% less volatile than the S&P 500.
Enlight Renewable Energy has higher earnings, but lower revenue than Brookfield Renewable Partners. Brookfield Renewable Partners is trading at a lower price-to-earnings ratio than Enlight Renewable Energy, indicating that it is currently the more affordable of the two stocks.
Enlight Renewable Energy currently has a consensus target price of $18.75, indicating a potential upside of 6.72%. Brookfield Renewable Partners has a consensus target price of $31.08, indicating a potential upside of 11.53%. Given Brookfield Renewable Partners' stronger consensus rating and higher possible upside, analysts clearly believe Brookfield Renewable Partners is more favorable than Enlight Renewable Energy.
38.9% of Enlight Renewable Energy shares are owned by institutional investors. Comparatively, 63.2% of Brookfield Renewable Partners shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Enlight Renewable Energy has a net margin of 23.15% compared to Brookfield Renewable Partners' net margin of 7.10%. Enlight Renewable Energy's return on equity of 4.47% beat Brookfield Renewable Partners' return on equity.
In the previous week, Brookfield Renewable Partners had 14 more articles in the media than Enlight Renewable Energy. MarketBeat recorded 18 mentions for Brookfield Renewable Partners and 4 mentions for Enlight Renewable Energy. Enlight Renewable Energy's average media sentiment score of 1.31 beat Brookfield Renewable Partners' score of 0.81 indicating that Enlight Renewable Energy is being referred to more favorably in the media.
Summary
Enlight Renewable Energy beats Brookfield Renewable Partners on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENLT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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