SXI vs. PIF, LCFS, ARR, INE, BLX, NPI, AQN, BEPC, MXG, and ACO.Y
Should you be buying Synex Renewable Energy stock or one of its competitors? The main competitors of Synex Renewable Energy include Polaris Renewable Energy (PIF), Tidewater Renewables (LCFS), Altius Renewable Royalties (ARR), Innergex Renewable Energy (INE), Boralex (BLX), Northland Power (NPI), Algonquin Power & Utilities (AQN), Brookfield Renewable (BEPC), Maxim Power (MXG), and ATCO (ACO.Y). These companies are all part of the "utilities" sector.
Synex Renewable Energy (TSE:SXI) and Polaris Renewable Energy (TSE:PIF) are both small-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, media sentiment, dividends, analyst recommendations, earnings, risk, profitability and valuation.
Polaris Renewable Energy has a net margin of 14.42% compared to Synex Renewable Energy's net margin of -40.37%. Polaris Renewable Energy's return on equity of 4.21% beat Synex Renewable Energy's return on equity.
Polaris Renewable Energy has a consensus price target of C$27.00, suggesting a potential upside of 115.83%. Given Polaris Renewable Energy's higher possible upside, analysts plainly believe Polaris Renewable Energy is more favorable than Synex Renewable Energy.
Synex Renewable Energy has a beta of 0.43, indicating that its stock price is 57% less volatile than the S&P 500. Comparatively, Polaris Renewable Energy has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500.
22.5% of Polaris Renewable Energy shares are held by institutional investors. 70.3% of Synex Renewable Energy shares are held by company insiders. Comparatively, 3.1% of Polaris Renewable Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Polaris Renewable Energy received 111 more outperform votes than Synex Renewable Energy when rated by MarketBeat users. Likewise, 79.02% of users gave Polaris Renewable Energy an outperform vote while only 58.41% of users gave Synex Renewable Energy an outperform vote.
Synex Renewable Energy pays an annual dividend of C$0.01 per share and has a dividend yield of 0.5%. Polaris Renewable Energy pays an annual dividend of C$0.82 per share and has a dividend yield of 6.6%. Synex Renewable Energy pays out -4.0% of its earnings in the form of a dividend. Polaris Renewable Energy pays out 109.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
In the previous week, Synex Renewable Energy had 2 more articles in the media than Polaris Renewable Energy. MarketBeat recorded 2 mentions for Synex Renewable Energy and 0 mentions for Polaris Renewable Energy. Synex Renewable Energy's average media sentiment score of 0.90 beat Polaris Renewable Energy's score of 0.00 indicating that Synex Renewable Energy is being referred to more favorably in the media.
Polaris Renewable Energy has higher revenue and earnings than Synex Renewable Energy. Synex Renewable Energy is trading at a lower price-to-earnings ratio than Polaris Renewable Energy, indicating that it is currently the more affordable of the two stocks.
Summary
Polaris Renewable Energy beats Synex Renewable Energy on 14 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SXI 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 TSE 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.
Synex Renewable Energy Competitors List
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