ENVX vs. RUN, FLNC, PARR, DKL, GEL, AMRC, HLX, DK, CEPU, and KRP
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Sunrun (RUN), Fluence Energy (FLNC), Par Pacific (PARR), Delek Logistics Partners (DKL), Genesis Energy (GEL), Ameresco (AMRC), Helix Energy Solutions Group (HLX), Delek US (DK), Central Puerto (CEPU), and Kimbell Royalty Partners (KRP). These companies are all part of the "oils/energy" sector.
Sunrun (NASDAQ:RUN) and Enovix (NASDAQ:ENVX) are both oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, analyst recommendations, dividends, media sentiment, community ranking, earnings and institutional ownership.
Sunrun presently has a consensus price target of $21.21, suggesting a potential upside of 85.73%. Enovix has a consensus price target of $18.33, suggesting a potential upside of 81.88%. Given Enovix's higher probable upside, equities research analysts clearly believe Sunrun is more favorable than Enovix.
Sunrun has a beta of 2.5, suggesting that its share price is 150% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.7, suggesting that its share price is 70% more volatile than the S&P 500.
Sunrun has a net margin of -68.22% compared to Sunrun's net margin of -1,448.90%. Enovix's return on equity of -3.58% beat Sunrun's return on equity.
In the previous week, Sunrun had 8 more articles in the media than Enovix. MarketBeat recorded 12 mentions for Sunrun and 4 mentions for Enovix. Enovix's average media sentiment score of 0.58 beat Sunrun's score of 0.36 indicating that Sunrun is being referred to more favorably in the media.
Enovix has lower revenue, but higher earnings than Sunrun. Enovix is trading at a lower price-to-earnings ratio than Sunrun, indicating that it is currently the more affordable of the two stocks.
91.7% of Sunrun shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 3.8% of Sunrun shares are held by insiders. Comparatively, 17.3% of Enovix shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Sunrun received 566 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 68.81% of users gave Sunrun an outperform vote while only 59.65% of users gave Enovix an outperform vote.
Summary
Sunrun beats Enovix on 13 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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