EVRG vs. PEG, EXC, ED, XEL, WEC, AEE, CMS, LNT, NI, and ALE
Should you be buying Evergy stock or one of its competitors? The main competitors of Evergy include Public Service Enterprise Group (PEG), Exelon (EXC), Consolidated Edison (ED), Xcel Energy (XEL), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), NiSource (NI), and ALLETE (ALE). These companies are all part of the "electric & other services combined" industry.
Evergy (NYSE:EVRG) and Public Service Enterprise Group (NYSE:PEG) are both large-cap utilities companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, dividends, valuation, analyst recommendations, profitability, risk, media sentiment, earnings and institutional ownership.
Evergy pays an annual dividend of $2.57 per share and has a dividend yield of 4.8%. Public Service Enterprise Group pays an annual dividend of $2.40 per share and has a dividend yield of 3.2%. Evergy pays out 83.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Public Service Enterprise Group pays out 66.5% of its earnings in the form of a dividend.
Public Service Enterprise Group has a net margin of 17.65% compared to Evergy's net margin of 12.84%. Public Service Enterprise Group's return on equity of 11.10% beat Evergy's return on equity.
87.2% of Evergy shares are held by institutional investors. Comparatively, 73.3% of Public Service Enterprise Group shares are held by institutional investors. 3.3% of Evergy shares are held by company insiders. Comparatively, 0.2% of Public Service Enterprise Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Evergy has a beta of 0.57, meaning that its stock price is 43% less volatile than the S&P 500. Comparatively, Public Service Enterprise Group has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500.
Public Service Enterprise Group has higher revenue and earnings than Evergy. Evergy is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.
In the previous week, Evergy had 98 more articles in the media than Public Service Enterprise Group. MarketBeat recorded 118 mentions for Evergy and 20 mentions for Public Service Enterprise Group. Public Service Enterprise Group's average media sentiment score of 0.37 beat Evergy's score of 0.22 indicating that Public Service Enterprise Group is being referred to more favorably in the news media.
Public Service Enterprise Group received 390 more outperform votes than Evergy when rated by MarketBeat users. However, 58.77% of users gave Evergy an outperform vote while only 56.73% of users gave Public Service Enterprise Group an outperform vote.
Evergy currently has a consensus price target of $57.83, suggesting a potential upside of 8.40%. Public Service Enterprise Group has a consensus price target of $68.31, suggesting a potential downside of 8.80%. Given Evergy's higher possible upside, equities analysts plainly believe Evergy is more favorable than Public Service Enterprise Group.
Summary
Public Service Enterprise Group beats Evergy on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding EVRG 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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