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.
Brookfield Renewable Partners (NYSE:BEP) and Enlight Renewable Energy (NASDAQ:ENLT) are both mid-cap utilities companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, earnings, community ranking, media sentiment, risk, analyst recommendations, institutional ownership and dividends.
Brookfield Renewable Partners currently has a consensus target price of $31.08, indicating a potential upside of 11.53%. Enlight Renewable Energy has a consensus target price of $18.75, indicating a potential upside of 6.72%. Given Enlight Renewable Energy's stronger consensus rating and higher possible upside, equities research analysts clearly believe Brookfield Renewable Partners is more favorable than Enlight Renewable Energy.
Enlight Renewable Energy has a net margin of 23.15% compared to Enlight Renewable Energy's net margin of 7.10%. Brookfield Renewable Partners' return on equity of 4.47% beat Enlight Renewable Energy's return on equity.
In the previous week, Brookfield Renewable Partners had 12 more articles in the media than Enlight Renewable Energy. MarketBeat recorded 18 mentions for Brookfield Renewable Partners and 6 mentions for Enlight Renewable Energy. Brookfield Renewable Partners' average media sentiment score of 1.18 beat Enlight Renewable Energy's score of 0.81 indicating that Enlight Renewable Energy is being referred to more favorably in the news media.
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.
63.2% of Brookfield Renewable Partners shares are owned by institutional investors. Comparatively, 38.9% of Enlight Renewable Energy shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Enlight Renewable Energy has lower revenue, but higher earnings 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.
Brookfield Renewable Partners has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500. Comparatively, Enlight Renewable Energy has a beta of 1.68, indicating that its stock price is 68% more volatile than the S&P 500.
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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