TYGO vs. FTCI, SOL, CSLR, MAXN, PED, NEOV, CRT, SND, VIA, and BATL
Should you be buying Tigo Energy stock or one of its competitors? The main competitors of Tigo Energy include FTC Solar (FTCI), Emeren Group (SOL), Complete Solaria (CSLR), Maxeon Solar Technologies (MAXN), PEDEVCO (PED), NeoVolta (NEOV), Cross Timbers Royalty Trust (CRT), Smart Sand (SND), Via Renewables (VIA), and Battalion Oil (BATL). These companies are all part of the "oils/energy" sector.
FTC Solar (NASDAQ:FTCI) and Tigo Energy (NASDAQ:TYGO) are both small-cap oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, community ranking, dividends, risk, institutional ownership, valuation, profitability, media sentiment and analyst recommendations.
FTC Solar presently has a consensus target price of $1.49, suggesting a potential upside of 198.99%. Tigo Energy has a consensus target price of $6.88, suggesting a potential upside of 513.84%. Given FTC Solar's stronger consensus rating and higher possible upside, analysts clearly believe Tigo Energy is more favorable than FTC Solar.
FTC Solar received 19 more outperform votes than Tigo Energy when rated by MarketBeat users. However, 46.67% of users gave Tigo Energy an outperform vote while only 44.07% of users gave FTC Solar an outperform vote.
Tigo Energy has a net margin of -18.48% compared to Tigo Energy's net margin of -47.92%. FTC Solar's return on equity of -61.94% beat Tigo Energy's return on equity.
45.4% of FTC Solar shares are owned by institutional investors. Comparatively, 15.7% of Tigo Energy shares are owned by institutional investors. 29.7% of FTC Solar shares are owned by insiders. Comparatively, 26.3% of Tigo Energy shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
In the previous week, Tigo Energy had 18 more articles in the media than FTC Solar. MarketBeat recorded 25 mentions for Tigo Energy and 7 mentions for FTC Solar. FTC Solar's average media sentiment score of 0.57 beat Tigo Energy's score of 0.05 indicating that Tigo Energy is being referred to more favorably in the news media.
FTC Solar has a beta of 1.62, indicating that its share price is 62% more volatile than the S&P 500. Comparatively, Tigo Energy has a beta of 0.66, indicating that its share price is 34% less volatile than the S&P 500.
Tigo Energy has higher revenue and earnings than FTC Solar. FTC Solar is trading at a lower price-to-earnings ratio than Tigo Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Tigo Energy beats FTC Solar on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TYGO 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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