ARRY vs. HLX, RES, EE, DKL, NEXT, GLP, VET, ENLT, PARR, and HPK
Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include Helix Energy Solutions Group (HLX), RPC (RES), Excelerate Energy (EE), Delek Logistics Partners (DKL), NextDecade (NEXT), Global Partners (GLP), Vermilion Energy (VET), Enlight Renewable Energy (ENLT), Par Pacific (PARR), and HighPeak Energy (HPK). These companies are all part of the "oils/energy" sector.
Helix Energy Solutions Group (NYSE:HLX) and Array Technologies (NASDAQ:ARRY) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, profitability, dividends, community ranking, risk, valuation, analyst recommendations, media sentiment and institutional ownership.
Array Technologies received 124 more outperform votes than Helix Energy Solutions Group when rated by MarketBeat users. Likewise, 67.10% of users gave Array Technologies an outperform vote while only 59.30% of users gave Helix Energy Solutions Group an outperform vote.
In the previous week, Helix Energy Solutions Group had 1 more articles in the media than Array Technologies. MarketBeat recorded 3 mentions for Helix Energy Solutions Group and 2 mentions for Array Technologies. Array Technologies' average media sentiment score of 1.36 beat Helix Energy Solutions Group's score of -0.50 indicating that Helix Energy Solutions Group is being referred to more favorably in the media.
Helix Energy Solutions Group has a beta of 2.5, meaning that its share price is 150% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.65, meaning that its share price is 65% more volatile than the S&P 500.
Helix Energy Solutions Group presently has a consensus price target of $14.67, indicating a potential upside of 35.30%. Array Technologies has a consensus price target of $20.23, indicating a potential upside of 73.08%. Given Helix Energy Solutions Group's higher possible upside, analysts clearly believe Array Technologies is more favorable than Helix Energy Solutions Group.
Array Technologies has a net margin of 8.47% compared to Array Technologies' net margin of -0.84%. Helix Energy Solutions Group's return on equity of 71.66% beat Array Technologies' return on equity.
91.3% of Helix Energy Solutions Group shares are held by institutional investors. 6.4% of Helix Energy Solutions Group shares are held by insiders. Comparatively, 0.6% of Array Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Array Technologies has higher revenue and earnings than Helix Energy Solutions Group. Helix Energy Solutions Group is trading at a lower price-to-earnings ratio than Array Technologies, indicating that it is currently the more affordable of the two stocks.
Summary
Array Technologies beats Helix Energy Solutions Group 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 ARRY 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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