AY vs. RNW, NEP, ENLT, CEPU, PNM, HE, OTTR, BKH, ORA, and AMPS
Should you be buying Atlantica Sustainable Infrastructure stock or one of its competitors? The main competitors of Atlantica Sustainable Infrastructure include ReNew Energy Global (RNW), NextEra Energy Partners (NEP), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), PNM Resources (PNM), Hawaiian Electric Industries (HE), Otter Tail (OTTR), Black Hills (BKH), Ormat Technologies (ORA), and Altus Power (AMPS). These companies are all part of the "electric services" industry.
ReNew Energy Global (NASDAQ:RNW) and Atlantica Sustainable Infrastructure (NASDAQ:AY) are both mid-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, analyst recommendations, dividends, profitability, media sentiment, risk, earnings and valuation.
Atlantica Sustainable Infrastructure has a net margin of 4.43% compared to Atlantica Sustainable Infrastructure's net margin of 3.61%. Atlantica Sustainable Infrastructure's return on equity of 2.96% beat ReNew Energy Global's return on equity.
ReNew Energy Global currently has a consensus price target of $8.35, suggesting a potential upside of 38.02%. Atlantica Sustainable Infrastructure has a consensus price target of $23.67, suggesting a potential upside of 7.92%. Given Atlantica Sustainable Infrastructure's stronger consensus rating and higher possible upside, equities research analysts plainly believe ReNew Energy Global is more favorable than Atlantica Sustainable Infrastructure.
Atlantica Sustainable Infrastructure has higher revenue and earnings than ReNew Energy Global. Atlantica Sustainable Infrastructure is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.
In the previous week, Atlantica Sustainable Infrastructure had 5 more articles in the media than ReNew Energy Global. MarketBeat recorded 7 mentions for Atlantica Sustainable Infrastructure and 2 mentions for ReNew Energy Global. Atlantica Sustainable Infrastructure's average media sentiment score of 0.98 beat ReNew Energy Global's score of 0.75 indicating that ReNew Energy Global is being referred to more favorably in the media.
43.6% of ReNew Energy Global shares are held by institutional investors. Comparatively, 40.5% of Atlantica Sustainable Infrastructure shares are held by institutional investors. 8.7% of ReNew Energy Global shares are held by insiders. Comparatively, 0.1% of Atlantica Sustainable Infrastructure shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Atlantica Sustainable Infrastructure received 433 more outperform votes than ReNew Energy Global when rated by MarketBeat users. Likewise, 63.86% of users gave Atlantica Sustainable Infrastructure an outperform vote while only 42.42% of users gave ReNew Energy Global an outperform vote.
ReNew Energy Global has a beta of 0.91, indicating that its stock price is 9% less volatile than the S&P 500. Comparatively, Atlantica Sustainable Infrastructure has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.
Summary
Atlantica Sustainable Infrastructure beats ReNew Energy Global on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AY 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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