ENVX vs. RUN, FLNC, SHLS, KRP, WKC, RES, GEL, GLP, CEPU, and JKS
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Sunrun (RUN), Fluence Energy (FLNC), Shoals Technologies Group (SHLS), Kimbell Royalty Partners (KRP), World Kinect (WKC), RPC (RES), Genesis Energy (GEL), Global Partners (GLP), Central Puerto (CEPU), and JinkoSolar (JKS). These companies are all part of the "oils/energy" sector.
Enovix (NASDAQ:ENVX) and Sunrun (NASDAQ:RUN) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their risk, media sentiment, valuation, institutional ownership, earnings, community ranking, dividends, profitability and analyst recommendations.
Enovix has higher earnings, but lower revenue than Sunrun. Enovix is trading at a lower price-to-earnings ratio than Sunrun, indicating that it is currently the more affordable of the two stocks.
Sunrun received 566 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 68.81% of users gave Sunrun an outperform vote while only 59.65% of users gave Enovix an outperform vote.
Sunrun has a net margin of -68.22% compared to Enovix's net margin of -1,448.90%. Sunrun's return on equity of -3.58% beat Enovix's return on equity.
In the previous week, Sunrun had 17 more articles in the media than Enovix. MarketBeat recorded 24 mentions for Sunrun and 7 mentions for Enovix. Enovix's average media sentiment score of 0.55 beat Sunrun's score of 0.40 indicating that Enovix is being referred to more favorably in the media.
Enovix presently has a consensus target price of $18.33, suggesting a potential upside of 115.43%. Sunrun has a consensus target price of $21.21, suggesting a potential upside of 88.37%. Given Enovix's stronger consensus rating and higher possible upside, research analysts clearly believe Enovix is more favorable than Sunrun.
Enovix has a beta of 1.7, meaning that its share price is 70% more volatile than the S&P 500. Comparatively, Sunrun has a beta of 2.5, meaning that its share price is 150% more volatile than the S&P 500.
50.9% of Enovix shares are held by institutional investors. Comparatively, 91.7% of Sunrun shares are held by institutional investors. 17.3% of Enovix shares are held by insiders. Comparatively, 3.8% of Sunrun shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Summary
Sunrun beats Enovix on 11 of the 18 factors compared between the two stocks.
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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.
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