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 better stock? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, earnings, media sentiment, valuation, risk, community ranking and dividends.
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.
In the previous week, Enphase Energy had 14 more articles in the media than ASE Technology. MarketBeat recorded 20 mentions for Enphase Energy and 6 mentions for ASE Technology. Enphase Energy's average media sentiment score of 1.03 beat ASE Technology's score of 0.11 indicating that Enphase Energy is being referred to more favorably in the media.
Enphase Energy has a beta of 1.5, indicating that its stock price is 50% more volatile than the S&P 500. Comparatively, ASE Technology has a beta of 1.26, indicating that its stock price is 26% more volatile than the S&P 500.
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 received 401 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 65.17% of users gave Enphase Energy an outperform vote while only 64.35% of users gave ASE Technology an outperform vote.
72.1% of Enphase Energy shares are held by institutional investors. Comparatively, 6.8% of ASE Technology shares are held by institutional investors. 3.4% of Enphase Energy shares are held by insiders. Comparatively, 22.9% of ASE Technology shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Enphase Energy currently has a consensus target price of $133.45, suggesting a potential upside of 3.15%. ASE Technology has a consensus target price of $7.84, suggesting a potential downside of 31.21%. Given Enphase Energy's higher possible upside, equities research analysts plainly believe Enphase Energy is more favorable than ASE Technology.
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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