ENLT vs. RNW, CEPU, AY, NEP, AMPS, ORA, BEPC, CWEN, VET, and PARR
Should you be buying Enlight Renewable Energy stock or one of its competitors? The main competitors of Enlight Renewable Energy include ReNew Energy Global (RNW), Central Puerto (CEPU), Atlantica Sustainable Infrastructure (AY), NextEra Energy Partners (NEP), Altus Power (AMPS), Ormat Technologies (ORA), Brookfield Renewable (BEPC), Clearway Energy (CWEN), Vermilion Energy (VET), and Par Pacific (PARR). These companies are all part of the "oils/energy" sector.
ReNew Energy Global (NASDAQ:RNW) and Enlight Renewable Energy (NASDAQ:ENLT) are both mid-cap oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, analyst recommendations, valuation, dividends, media sentiment, risk, profitability, earnings and institutional ownership.
43.6% of ReNew Energy Global shares are held by institutional investors. Comparatively, 38.9% of Enlight Renewable Energy shares are held by institutional investors. 8.7% of ReNew Energy Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
ReNew Energy Global has a beta of 0.91, meaning that its share price is 9% less volatile than the S&P 500. Comparatively, Enlight Renewable Energy has a beta of 1.68, meaning that its share price is 68% more volatile than the S&P 500.
ReNew Energy Global presently has a consensus target price of $8.35, indicating a potential upside of 38.94%. Enlight Renewable Energy has a consensus target price of $18.75, indicating a potential upside of 2.80%. Given Enlight Renewable Energy's stronger consensus rating and higher probable upside, equities research analysts clearly believe ReNew Energy Global is more favorable than Enlight Renewable Energy.
Enlight Renewable Energy has a net margin of 23.15% compared to Enlight Renewable Energy's net margin of 3.61%. ReNew Energy Global's return on equity of 4.47% beat Enlight Renewable Energy's return on equity.
In the previous week, Enlight Renewable Energy had 11 more articles in the media than ReNew Energy Global. MarketBeat recorded 20 mentions for Enlight Renewable Energy and 9 mentions for ReNew Energy Global. Enlight Renewable Energy's average media sentiment score of 1.00 beat ReNew Energy Global's score of 0.76 indicating that ReNew Energy Global is being referred to more favorably in the media.
ReNew Energy Global received 3 more outperform votes than Enlight Renewable Energy when rated by MarketBeat users. However, 78.57% of users gave Enlight Renewable Energy an outperform vote while only 42.42% of users gave ReNew Energy Global an outperform vote.
Enlight Renewable Energy has lower revenue, but higher earnings than ReNew Energy Global. Enlight Renewable Energy 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.
Summary
ReNew Energy Global and Enlight Renewable Energy tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENLT 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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