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Canadian Solar (CSIQ) Competitors

$17.39
-0.94 (-5.13%)
(As of 06/7/2024 ET)

CSIQ vs. MXL, DQ, XPER, AMBA, KLIC, POWI, FORM, CRDO, TSEM, and SLAB

Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include MaxLinear (MXL), Daqo New Energy (DQ), Xperi (XPER), Ambarella (AMBA), Kulicke and Soffa Industries (KLIC), Power Integrations (POWI), FormFactor (FORM), Credo Technology Group (CRDO), Tower Semiconductor (TSEM), and Silicon Laboratories (SLAB).

Canadian Solar vs.

Canadian Solar (NASDAQ:CSIQ) and MaxLinear (NYSE:MXL) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, valuation, institutional ownership, risk, media sentiment, community ranking, earnings, dividends and profitability.

52.4% of Canadian Solar shares are owned by institutional investors. Comparatively, 90.8% of MaxLinear shares are owned by institutional investors. 21.5% of Canadian Solar shares are owned by insiders. Comparatively, 8.6% of MaxLinear shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Canadian Solar has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500. Comparatively, MaxLinear has a beta of 1.83, suggesting that its share price is 83% more volatile than the S&P 500.

MaxLinear received 55 more outperform votes than Canadian Solar when rated by MarketBeat users. Likewise, 72.77% of users gave MaxLinear an outperform vote while only 59.16% of users gave Canadian Solar an outperform vote.

CompanyUnderperformOutperform
Canadian SolarOutperform Votes
533
59.16%
Underperform Votes
368
40.84%
MaxLinearOutperform Votes
588
72.77%
Underperform Votes
220
27.23%

Canadian Solar currently has a consensus price target of $29.00, suggesting a potential upside of 66.76%. MaxLinear has a consensus price target of $25.70, suggesting a potential upside of 49.33%. Given Canadian Solar's higher probable upside, equities analysts plainly believe Canadian Solar is more favorable than MaxLinear.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Solar
1 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.33
MaxLinear
0 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.45

Canadian Solar has a net margin of 2.80% compared to MaxLinear's net margin of -28.70%. Canadian Solar's return on equity of 5.61% beat MaxLinear's return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Solar2.80% 5.61% 1.73%
MaxLinear -28.70%-4.75%-3.01%

In the previous week, Canadian Solar had 9 more articles in the media than MaxLinear. MarketBeat recorded 9 mentions for Canadian Solar and 0 mentions for MaxLinear. Canadian Solar's average media sentiment score of 0.17 beat MaxLinear's score of 0.00 indicating that Canadian Solar is being referred to more favorably in the media.

Company Overall Sentiment
Canadian Solar Neutral
MaxLinear Neutral

Canadian Solar has higher revenue and earnings than MaxLinear. MaxLinear is trading at a lower price-to-earnings ratio than Canadian Solar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Solar$7.61B0.15$274.19M$2.886.04
MaxLinear$693.26M2.06-$73.15M-$1.89-9.11

Summary

Canadian Solar beats MaxLinear on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CSIQ and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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CSIQ vs. The Competition

MetricCanadian SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.15B$53.90B$7.83B$8.17B
Dividend YieldN/A1.98%11.69%4.04%
P/E Ratio6.0427.2711.6518.17
Price / Sales0.1512.1298.6277.74
Price / Cash2.1626.0910.8930.80
Price / Book0.315.903.394.33
Net Income$274.19M$912.37M$966.43M$216.21M
7 Day Performance-11.46%-1.94%-3.43%-1.37%
1 Month Performance-0.97%0.52%-0.49%-0.68%
1 Year Performance-55.76%15.44%1.21%1.60%

Canadian Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MXL
MaxLinear
1.0652 of 5 stars
$16.30
-6.2%
$25.70
+57.7%
-40.6%$1.36B$693.26M-8.621,328Positive News
DQ
Daqo New Energy
4.3233 of 5 stars
$21.92
-3.2%
$27.63
+26.0%
-48.8%$1.45B$2.31B10.295,765News Coverage
Positive News
XPER
Xperi
0 of 5 stars
$8.16
-2.0%
$22.50
+175.7%
-31.2%$368.42M$521.33M-3.002,100
AMBA
Ambarella
2.3989 of 5 stars
$56.15
+1.3%
$69.75
+24.2%
-29.3%$2.30B$226.47M-13.18915
KLIC
Kulicke and Soffa Industries
2.6276 of 5 stars
$44.13
-1.8%
$59.00
+33.7%
-20.7%$2.45B$742.49M-37.083,025
POWI
Power Integrations
4.5225 of 5 stars
$72.93
-4.0%
$87.40
+19.8%
-19.1%$4.14B$444.54M79.27819Dividend Announcement
Analyst Forecast
Positive News
FORM
FormFactor
3.1065 of 5 stars
$53.16
-0.7%
$48.40
-9.0%
+69.3%$4.10B$663.10M40.272,115Positive News
CRDO
Credo Technology Group
1.1771 of 5 stars
$24.68
-2.0%
$26.88
+8.9%
+68.7%$4.03B$192.97M-137.11438
TSEM
Tower Semiconductor
2.5027 of 5 stars
$36.72
-2.4%
$46.33
+26.2%
-3.0%$4.01B$1.42B8.335,215Positive News
SLAB
Silicon Laboratories
1.088 of 5 stars
$121.75
-1.5%
$135.00
+10.9%
-23.1%$3.89B$782.26M-36.781,846Insider Selling

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This page (NASDAQ:CSIQ) was last updated on 6/8/2024 by MarketBeat.com Staff

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