SPWR vs. CSIQ, SHLS, MAXN, JKS, NPWR, NGL, CAPL, NBR, SBOW, and VTS
Should you be buying SunPower stock or one of its competitors? The main competitors of SunPower include Canadian Solar (CSIQ), Shoals Technologies Group (SHLS), Maxeon Solar Technologies (MAXN), JinkoSolar (JKS), NET Power (NPWR), NGL Energy Partners (NGL), CrossAmerica Partners (CAPL), Nabors Industries (NBR), SilverBow Resources (SBOW), and Vitesse Energy (VTS). These companies are all part of the "oils/energy" sector.
SunPower (NASDAQ:SPWR) and Canadian Solar (NASDAQ:CSIQ) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their analyst recommendations, dividends, valuation, earnings, profitability, community ranking, risk, institutional ownership and media sentiment.
SunPower received 104 more outperform votes than Canadian Solar when rated by MarketBeat users. However, 59.11% of users gave Canadian Solar an outperform vote while only 58.14% of users gave SunPower an outperform vote.
SunPower has a beta of 1.8, meaning that its stock price is 80% more volatile than the S&P 500. Comparatively, Canadian Solar has a beta of 1.29, meaning that its stock price is 29% more volatile than the S&P 500.
SunPower presently has a consensus target price of $4.59, suggesting a potential upside of 60.96%. Canadian Solar has a consensus target price of $31.78, suggesting a potential upside of 101.64%. Given Canadian Solar's stronger consensus rating and higher probable upside, analysts plainly believe Canadian Solar is more favorable than SunPower.
In the previous week, SunPower had 18 more articles in the media than Canadian Solar. MarketBeat recorded 26 mentions for SunPower and 8 mentions for Canadian Solar. Canadian Solar's average media sentiment score of 0.55 beat SunPower's score of 0.40 indicating that Canadian Solar is being referred to more favorably in the news media.
Canadian Solar has higher revenue and earnings than SunPower. SunPower is trading at a lower price-to-earnings ratio than Canadian Solar, indicating that it is currently the more affordable of the two stocks.
47.4% of SunPower shares are held by institutional investors. Comparatively, 52.4% of Canadian Solar shares are held by institutional investors. 0.3% of SunPower shares are held by insiders. Comparatively, 21.5% of Canadian Solar shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Canadian Solar has a net margin of 2.80% compared to SunPower's net margin of -14.15%. Canadian Solar's return on equity of 5.61% beat SunPower's return on equity.
Summary
Canadian Solar beats SunPower on 14 of the 18 factors compared between the two stocks.
Get SunPower News Delivered to You Automatically
Sign up to receive the latest news and ratings for SPWR and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding SPWR 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.
SunPower Competitors List
Related Companies and Tools
