ALCC vs. HE, EDN, AMPS, OKLO, SPRU, WAVE, HLGN, OPTT, KEP, and NEE
Should you be buying AltC Acquisition stock or one of its competitors? The main competitors of AltC Acquisition include Hawaiian Electric Industries (HE), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), Altus Power (AMPS), Oklo (OKLO), Spruce Power (SPRU), Eco Wave Power Global AB (publ) (WAVE), Heliogen (HLGN), Ocean Power Technologies (OPTT), Korea Electric Power (KEP), and NextEra Energy (NEE). These companies are all part of the "electric services" industry.
Hawaiian Electric Industries (NYSE:HE) and AltC Acquisition (NYSE:ALCC) are both small-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, risk, dividends, profitability, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.
Hawaiian Electric Industries has a net margin of 5.16% compared to Hawaiian Electric Industries' net margin of 0.00%. AltC Acquisition's return on equity of 9.58% beat Hawaiian Electric Industries' return on equity.
59.9% of Hawaiian Electric Industries shares are held by institutional investors. Comparatively, 85.0% of AltC Acquisition shares are held by institutional investors. 0.3% of Hawaiian Electric Industries shares are held by insiders. Comparatively, 21.8% of AltC Acquisition shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Hawaiian Electric Industries has higher revenue and earnings than AltC Acquisition.
Hawaiian Electric Industries has a beta of 0.61, suggesting that its share price is 39% less volatile than the S&P 500. Comparatively, AltC Acquisition has a beta of -0.06, suggesting that its share price is 106% less volatile than the S&P 500.
Hawaiian Electric Industries presently has a consensus target price of $11.63, suggesting a potential upside of 13.08%. Given AltC Acquisition's higher possible upside, equities research analysts clearly believe Hawaiian Electric Industries is more favorable than AltC Acquisition.
In the previous week, Hawaiian Electric Industries had 1 more articles in the media than AltC Acquisition. MarketBeat recorded 3 mentions for Hawaiian Electric Industries and 2 mentions for AltC Acquisition. Hawaiian Electric Industries' average media sentiment score of 1.65 beat AltC Acquisition's score of 0.76 indicating that AltC Acquisition is being referred to more favorably in the news media.
Hawaiian Electric Industries received 362 more outperform votes than AltC Acquisition when rated by MarketBeat users.
Summary
Hawaiian Electric Industries beats AltC Acquisition on 8 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALCC 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 NYSE 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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