ALCC vs. TAC, ENLT, CEPU, KEN, HE, EDN, AMPS, OKLO, SPRU, and WAVE
Should you be buying AltC Acquisition stock or one of its competitors? The main competitors of AltC Acquisition include TransAlta (TAC), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), Kenon (KEN), Hawaiian Electric Industries (HE), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), Altus Power (AMPS), Oklo (OKLO), Spruce Power (SPRU), and Eco Wave Power Global AB (publ) (WAVE). These companies are all part of the "electric services" industry.
AltC Acquisition (NYSE:ALCC) and TransAlta (NYSE:TAC) are both oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, institutional ownership, dividends, analyst recommendations, profitability, valuation, risk, community ranking and media sentiment.
TransAlta received 280 more outperform votes than AltC Acquisition when rated by MarketBeat users.
AltC Acquisition has a beta of -0.06, indicating that its stock price is 106% less volatile than the S&P 500. Comparatively, TransAlta has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500.
In the previous week, TransAlta had 2 more articles in the media than AltC Acquisition. MarketBeat recorded 3 mentions for TransAlta and 1 mentions for AltC Acquisition. AltC Acquisition's average media sentiment score of 1.95 beat TransAlta's score of 1.04 indicating that AltC Acquisition is being referred to more favorably in the media.
TransAlta has higher revenue and earnings than AltC Acquisition.
85.0% of AltC Acquisition shares are held by institutional investors. Comparatively, 59.0% of TransAlta shares are held by institutional investors. 21.8% of AltC Acquisition shares are held by company insiders. Comparatively, 13.1% of TransAlta shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
TransAlta has a net margin of 18.70% compared to AltC Acquisition's net margin of 0.00%. TransAlta's return on equity of 45.47% beat AltC Acquisition's return on equity.
Summary
TransAlta beats AltC Acquisition on 9 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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