NFE vs. UGP, NFG, NJR, OGS, SR, EE, NWN, SLNG, ATO, and CQP
Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include Ultrapar Participações (UGP), National Fuel Gas (NFG), New Jersey Resources (NJR), ONE Gas (OGS), Spire (SR), Excelerate Energy (EE), Northwest Natural (NWN), Stabilis Solutions (SLNG), Atmos Energy (ATO), and Cheniere Energy Partners (CQP). These companies are all part of the "natural gas distribution" industry.
New Fortress Energy (NASDAQ:NFE) and Ultrapar Participações (NYSE:UGP) are both mid-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, risk, dividends, community ranking, institutional ownership, profitability, valuation, analyst recommendations and media sentiment.
New Fortress Energy currently has a consensus target price of $38.00, suggesting a potential upside of 38.84%. Ultrapar Participações has a consensus target price of $4.37, suggesting a potential downside of 10.15%. Given New Fortress Energy's stronger consensus rating and higher probable upside, equities analysts plainly believe New Fortress Energy is more favorable than Ultrapar Participações.
Ultrapar Participações received 205 more outperform votes than New Fortress Energy when rated by MarketBeat users. Likewise, 61.72% of users gave Ultrapar Participações an outperform vote while only 55.22% of users gave New Fortress Energy an outperform vote.
New Fortress Energy has a net margin of 17.90% compared to Ultrapar Participações' net margin of 2.07%. New Fortress Energy's return on equity of 31.34% beat Ultrapar Participações' return on equity.
New Fortress Energy pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Ultrapar Participações pays an annual dividend of $0.14 per share and has a dividend yield of 2.9%. New Fortress Energy pays out 18.2% of its earnings in the form of a dividend. Ultrapar Participações pays out 29.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
New Fortress Energy has higher earnings, but lower revenue than Ultrapar Participações. Ultrapar Participações is trading at a lower price-to-earnings ratio than New Fortress Energy, indicating that it is currently the more affordable of the two stocks.
58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 3.6% of Ultrapar Participações shares are owned by institutional investors. 37.1% of New Fortress Energy shares are owned by insiders. Comparatively, 1.8% of Ultrapar Participações shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
In the previous week, New Fortress Energy had 7 more articles in the media than Ultrapar Participações. MarketBeat recorded 10 mentions for New Fortress Energy and 3 mentions for Ultrapar Participações. Ultrapar Participações' average media sentiment score of 1.00 beat New Fortress Energy's score of 0.84 indicating that Ultrapar Participações is being referred to more favorably in the news media.
New Fortress Energy has a beta of 1.56, indicating that its share price is 56% more volatile than the S&P 500. Comparatively, Ultrapar Participações has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500.
Summary
New Fortress Energy beats Ultrapar Participações 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 NFE 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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