ENVX vs. CAE, NOVT, ATKR, FLNC, ENS, RUN, QS, SPB, ENR, and SES
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include CAE (CAE), Novanta (NOVT), Atkore (ATKR), Fluence Energy (FLNC), EnerSys (ENS), Sunrun (RUN), QuantumScape (QS), Spectrum Brands (SPB), Energizer (ENR), and SES AI (SES). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.
Enovix (NASDAQ:ENVX) and CAE (NYSE:CAE) are both oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, community ranking, valuation, profitability, risk, dividends, earnings and analyst recommendations.
Enovix presently has a consensus price target of $18.33, suggesting a potential upside of 72.63%. CAE has a consensus price target of $34.75, suggesting a potential upside of 85.04%. Given CAE's higher possible upside, analysts plainly believe CAE is more favorable than Enovix.
50.9% of Enovix shares are owned by institutional investors. Comparatively, 67.4% of CAE shares are owned by institutional investors. 17.3% of Enovix shares are owned by insiders. Comparatively, 18.3% of CAE shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
CAE has a net margin of -6.97% compared to Enovix's net margin of -1,448.90%. CAE's return on equity of 6.10% beat Enovix's return on equity.
In the previous week, CAE had 39 more articles in the media than Enovix. MarketBeat recorded 42 mentions for CAE and 3 mentions for Enovix. Enovix's average media sentiment score of 0.83 beat CAE's score of -0.11 indicating that Enovix is being referred to more favorably in the media.
CAE has higher revenue and earnings than Enovix. CAE is trading at a lower price-to-earnings ratio than Enovix, indicating that it is currently the more affordable of the two stocks.
CAE received 530 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 62.60% of users gave CAE an outperform vote while only 59.65% of users gave Enovix an outperform vote.
Enovix has a beta of 1.7, meaning that its stock price is 70% more volatile than the S&P 500. Comparatively, CAE has a beta of 1.58, meaning that its stock price is 58% more volatile than the S&P 500.
Summary
CAE beats Enovix on 12 of the 18 factors compared between the two stocks.
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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.
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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