ENPH vs. ASX, QRVO, IPGP, ON, SEDG, EMR, ROP, AME, ROK, and GNRC
Should you be buying Enphase Energy stock or one of its competitors? The main competitors of Enphase Energy include ASE Technology (ASX), Qorvo (QRVO), IPG Photonics (IPGP), Onsemi (ON), SolarEdge Technologies (SEDG), Emerson Electric (EMR), Roper Technologies (ROP), AMETEK (AME), Rockwell Automation (ROK), and Generac (GNRC).
Enphase Energy (NASDAQ:ENPH) and ASE Technology (NYSE:ASX) are both large-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, dividends, earnings, institutional ownership, risk, community ranking, profitability, valuation and analyst recommendations.
Enphase Energy presently has a consensus price target of $134.10, indicating a potential upside of 4.85%. ASE Technology has a consensus price target of $7.84, indicating a potential downside of 27.32%. Given Enphase Energy's higher possible upside, research analysts clearly believe Enphase Energy is more favorable than ASE Technology.
ASE Technology has higher revenue and earnings than Enphase Energy. ASE Technology is trading at a lower price-to-earnings ratio than Enphase Energy, indicating that it is currently the more affordable of the two stocks.
Enphase Energy received 402 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 65.20% of users gave Enphase Energy an outperform vote while only 64.35% of users gave ASE Technology an outperform vote.
In the previous week, Enphase Energy had 26 more articles in the media than ASE Technology. MarketBeat recorded 33 mentions for Enphase Energy and 7 mentions for ASE Technology. Enphase Energy's average media sentiment score of 0.59 beat ASE Technology's score of 0.44 indicating that Enphase Energy is being referred to more favorably in the media.
72.1% of Enphase Energy shares are owned by institutional investors. Comparatively, 6.8% of ASE Technology shares are owned by institutional investors. 3.4% of Enphase Energy shares are owned by company insiders. Comparatively, 22.9% of ASE Technology shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Enphase Energy has a net margin of 15.10% compared to ASE Technology's net margin of 5.41%. Enphase Energy's return on equity of 31.89% beat ASE Technology's return on equity.
Enphase Energy has a beta of 1.5, meaning that its stock price is 50% more volatile than the S&P 500. Comparatively, ASE Technology has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500.
Summary
Enphase Energy beats ASE Technology on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENPH 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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