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.
CAE (NYSE:CAE) and Enovix (NASDAQ:ENVX) are both aerospace companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, valuation, earnings, analyst recommendations, profitability, risk, community ranking and dividends.
Enovix has lower revenue, but higher earnings than CAE. CAE is trading at a lower price-to-earnings ratio than Enovix, indicating that it is currently the more affordable of the two stocks.
67.4% of CAE shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 18.3% of CAE shares are held by insiders. Comparatively, 17.3% of Enovix shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
CAE received 530 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 62.53% of users gave CAE an outperform vote while only 59.65% of users gave Enovix an outperform vote.
CAE has a net margin of -6.97% compared to CAE's net margin of -1,448.90%. Enovix's return on equity of 6.10% beat CAE's return on equity.
CAE currently has a consensus target price of $32.00, indicating a potential upside of 69.76%. Enovix has a consensus target price of $18.33, indicating a potential upside of 70.23%. Given CAE's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than CAE.
CAE has a beta of 1.66, suggesting that its share price is 66% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.95, suggesting that its share price is 95% more volatile than the S&P 500.
In the previous week, CAE had 12 more articles in the media than Enovix. MarketBeat recorded 16 mentions for CAE and 4 mentions for Enovix. CAE's average media sentiment score of 1.36 beat Enovix's score of 0.03 indicating that Enovix is being referred to more favorably in the news media.
Summary
CAE beats Enovix on 10 of the 18 factors compared between the two stocks.
Get Enovix News Delivered to You Automatically
Sign up to receive the latest news and ratings for ENVX and its competitors with MarketBeat's FREE daily newsletter.
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.
Related Companies and Tools
