ALCC vs. TAC, ENLT, CEPU, KEN, HE, EDN, AMPS, OKLO, SPRU, and WAVE
Should you be buying AltC Acquisition stock or one of its competitors? The main competitors of AltC Acquisition include TransAlta (TAC), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), Kenon (KEN), Hawaiian Electric Industries (HE), Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (EDN), Altus Power (AMPS), Oklo (OKLO), Spruce Power (SPRU), and Eco Wave Power Global AB (publ) (WAVE). These companies are all part of the "electric services" industry.
TransAlta (NYSE:TAC) and AltC Acquisition (NYSE:ALCC) are both utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, valuation, earnings, risk, community ranking, dividends, analyst recommendations, profitability and media sentiment.
59.0% of TransAlta shares are owned by institutional investors. Comparatively, 85.0% of AltC Acquisition shares are owned by institutional investors. 13.1% of TransAlta shares are owned by insiders. Comparatively, 21.8% of AltC Acquisition shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
TransAlta has higher revenue and earnings than AltC Acquisition.
TransAlta received 280 more outperform votes than AltC Acquisition when rated by MarketBeat users.
In the previous week, TransAlta had 3 more articles in the media than AltC Acquisition. MarketBeat recorded 4 mentions for TransAlta and 1 mentions for AltC Acquisition. TransAlta's average media sentiment score of 1.95 beat AltC Acquisition's score of 1.04 indicating that AltC Acquisition is being referred to more favorably in the news media.
TransAlta has a net margin of 18.70% compared to TransAlta's net margin of 0.00%. AltC Acquisition's return on equity of 45.47% beat TransAlta's return on equity.
TransAlta has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500. Comparatively, AltC Acquisition has a beta of -0.06, indicating that its stock price is 106% less volatile than the S&P 500.
Summary
TransAlta beats AltC Acquisition on 9 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ALCC 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 NYSE 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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