NXT vs. NFE, ETRN, PBF, SM, ENLC, TDW, BEPC, CWEN, KNTK, and VAL
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include New Fortress Energy (NFE), Equitrans Midstream (ETRN), PBF Energy (PBF), SM Energy (SM), EnLink Midstream (ENLC), Tidewater (TDW), Brookfield Renewable (BEPC), Clearway Energy (CWEN), Kinetik (KNTK), and Valaris (VAL). These companies are all part of the "oils/energy" sector.
New Fortress Energy (NASDAQ:NFE) and Nextracker (NASDAQ:NXT) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, community ranking, valuation, institutional ownership, risk, profitability, dividends, analyst recommendations and media sentiment.
New Fortress Energy received 63 more outperform votes than Nextracker when rated by MarketBeat users. However, 67.61% of users gave Nextracker an outperform vote while only 55.22% of users gave New Fortress Energy an outperform vote.
New Fortress Energy currently has a consensus price target of $38.00, suggesting a potential upside of 42.22%. Nextracker has a consensus price target of $58.52, suggesting a potential upside of 32.40%. Given Nextracker's higher probable upside, equities analysts plainly believe New Fortress Energy is more favorable than Nextracker.
New Fortress Energy has a net margin of 17.90% compared to New Fortress Energy's net margin of 12.25%. Nextracker's return on equity of 31.34% beat New Fortress Energy's return on equity.
58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 67.4% of Nextracker shares are owned by institutional investors. 37.1% of New Fortress Energy shares are owned by company insiders. Comparatively, 0.1% of Nextracker shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
New Fortress Energy has higher earnings, but lower revenue than Nextracker. New Fortress Energy is trading at a lower price-to-earnings ratio than Nextracker, indicating that it is currently the more affordable of the two stocks.
New Fortress Energy has a beta of 1.55, meaning that its share price is 55% more volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.42, meaning that its share price is 142% more volatile than the S&P 500.
In the previous week, Nextracker had 27 more articles in the media than New Fortress Energy. MarketBeat recorded 35 mentions for Nextracker and 8 mentions for New Fortress Energy. Nextracker's average media sentiment score of 0.96 beat New Fortress Energy's score of 0.68 indicating that New Fortress Energy is being referred to more favorably in the media.
Summary
Nextracker beats New Fortress Energy on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NXT 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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