Enovix (ENVX) Competitors

$10.04
+0.85 (+9.25%)
(As of 05/17/2024 ET)

ENVX vs. RUN, FLNC, PARR, DKL, GEL, AMRC, HLX, DK, CEPU, and KRP

Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Sunrun (RUN), Fluence Energy (FLNC), Par Pacific (PARR), Delek Logistics Partners (DKL), Genesis Energy (GEL), Ameresco (AMRC), Helix Energy Solutions Group (HLX), Delek US (DK), Central Puerto (CEPU), and Kimbell Royalty Partners (KRP). These companies are all part of the "oils/energy" sector.

Enovix vs.

Enovix (NASDAQ:ENVX) and Sunrun (NASDAQ:RUN) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, analyst recommendations, valuation, media sentiment, profitability, earnings, risk and community ranking.

In the previous week, Sunrun had 7 more articles in the media than Enovix. MarketBeat recorded 15 mentions for Sunrun and 8 mentions for Enovix. Sunrun's average media sentiment score of 0.58 beat Enovix's score of 0.55 indicating that Sunrun is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enovix
1 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Sunrun
5 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Enovix has higher earnings, but lower revenue than Sunrun. Enovix is trading at a lower price-to-earnings ratio than Sunrun, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Enovix$7.64M223.40-$214.07M-$1.34-7.49
Sunrun$2.13B1.24-$1.60B-$6.67-1.78

Sunrun received 566 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 68.81% of users gave Sunrun an outperform vote while only 59.65% of users gave Enovix an outperform vote.

CompanyUnderperformOutperform
EnovixOutperform Votes
34
59.65%
Underperform Votes
23
40.35%
SunrunOutperform Votes
600
68.81%
Underperform Votes
272
31.19%

50.9% of Enovix shares are held by institutional investors. Comparatively, 91.7% of Sunrun shares are held by institutional investors. 17.3% of Enovix shares are held by insiders. Comparatively, 3.8% of Sunrun shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Sunrun has a net margin of -68.22% compared to Enovix's net margin of -1,448.90%. Sunrun's return on equity of -3.58% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
Enovix-1,448.90% -85.47% -39.81%
Sunrun -68.22%-3.58%-1.15%

Enovix has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500. Comparatively, Sunrun has a beta of 2.5, indicating that its share price is 150% more volatile than the S&P 500.

Enovix presently has a consensus target price of $18.33, indicating a potential upside of 82.60%. Sunrun has a consensus target price of $21.21, indicating a potential upside of 78.39%. Given Enovix's stronger consensus rating and higher probable upside, equities analysts plainly believe Enovix is more favorable than Sunrun.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Sunrun
0 Sell rating(s)
7 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.65

Summary

Sunrun beats Enovix on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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ENVX vs. The Competition

MetricEnovixelectrical machinery, equipment, & supplies IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.71B$1.03B$8.64B$7.99B
Dividend YieldN/A1.88%11.67%3.91%
P/E Ratio-7.495.1111.2115.05
Price / Sales223.4012.6433.0681.39
Price / CashN/A11.8911.8431.98
Price / Book7.333.632.964.64
Net Income-$214.07M$29.68M$994.91M$217.28M
7 Day Performance17.98%73.01%1.82%2.90%
1 Month Performance60.38%53.65%3.12%6.66%
1 Year Performance-13.97%-1.53%7.33%9.89%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RUN
Sunrun
4.7574 of 5 stars
$12.27
+6.5%
$21.21
+72.9%
-24.1%$2.72B$2.13B-1.8410,833Gap Up
FLNC
Fluence Energy
3.7352 of 5 stars
$18.44
+5.9%
$29.06
+57.6%
-18.4%$3.29B$2.22B-47.281,112Gap Up
PARR
Par Pacific
3.018 of 5 stars
$28.36
-1.0%
$39.25
+38.4%
+33.4%$1.64B$8.23B3.551,814Analyst Forecast
DKL
Delek Logistics Partners
2.023 of 5 stars
$38.95
+1.0%
$45.33
+16.4%
-15.8%$1.70B$1.03B14.062,020
GEL
Genesis Energy
2.0059 of 5 stars
$12.91
+2.1%
$15.00
+16.2%
+26.9%$1.58B$3.18B37.972,137Negative News
AMRC
Ameresco
4.9762 of 5 stars
$29.97
+4.9%
$40.42
+34.9%
-37.3%$1.57B$1.37B27.251,503Analyst Forecast
Gap Up
HLX
Helix Energy Solutions Group
4.7115 of 5 stars
$11.56
+1.8%
$14.67
+26.9%
+73.8%$1.76B$1.29B-55.022,531Short Interest ↓
News Coverage
Positive News
DK
Delek US
1.1139 of 5 stars
$27.80
+1.1%
$28.89
+3.9%
+26.3%$1.78B$16.92B-22.423,591Analyst Forecast
Short Interest ↓
CEPU
Central Puerto
2.1877 of 5 stars
$10.12
+1.5%
$8.00
-20.9%
+71.5%$1.53B$313.57B4.271,181
KRP
Kimbell Royalty Partners
3.7016 of 5 stars
$16.01
+1.5%
$21.00
+31.2%
+5.4%$1.53B$303.26M26.682,020

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This page (NASDAQ:ENVX) was last updated on 5/19/2024 by MarketBeat.com Staff

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