AY vs. RNW, ENLT, NEP, CEPU, HE, PNM, AMPS, OTTR, BKH, and ORA
Should you be buying Atlantica Sustainable Infrastructure stock or one of its competitors? The main competitors of Atlantica Sustainable Infrastructure include ReNew Energy Global (RNW), Enlight Renewable Energy (ENLT), NextEra Energy Partners (NEP), Central Puerto (CEPU), Hawaiian Electric Industries (HE), PNM Resources (PNM), Altus Power (AMPS), Otter Tail (OTTR), Black Hills (BKH), and Ormat Technologies (ORA). These companies are all part of the "electric services" industry.
Atlantica Sustainable Infrastructure (NASDAQ:AY) and ReNew Energy Global (NASDAQ:RNW) are both mid-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, institutional ownership, profitability, analyst recommendations, dividends, community ranking, valuation, earnings and risk.
Atlantica Sustainable Infrastructure has a beta of 0.97, meaning that its stock price is 3% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.91, meaning that its stock price is 9% less volatile than the S&P 500.
Atlantica Sustainable Infrastructure has higher revenue and earnings than ReNew Energy Global. Atlantica Sustainable Infrastructure is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.
40.5% of Atlantica Sustainable Infrastructure shares are owned by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are owned by institutional investors. 0.1% of Atlantica Sustainable Infrastructure shares are owned by insiders. Comparatively, 8.7% of ReNew Energy Global shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Atlantica Sustainable Infrastructure has a net margin of 4.43% compared to ReNew Energy Global's net margin of 3.61%. ReNew Energy Global's return on equity of 2.96% beat Atlantica Sustainable Infrastructure's return on equity.
In the previous week, Atlantica Sustainable Infrastructure had 9 more articles in the media than ReNew Energy Global. MarketBeat recorded 11 mentions for Atlantica Sustainable Infrastructure and 2 mentions for ReNew Energy Global. ReNew Energy Global's average media sentiment score of 0.94 beat Atlantica Sustainable Infrastructure's score of 0.39 indicating that ReNew Energy Global is being referred to more favorably in the news media.
Atlantica Sustainable Infrastructure presently has a consensus price target of $23.67, indicating a potential upside of 18.51%. ReNew Energy Global has a consensus price target of $8.35, indicating a potential upside of 48.58%. Given ReNew Energy Global's stronger consensus rating and higher probable upside, analysts plainly believe ReNew Energy Global is more favorable than Atlantica Sustainable Infrastructure.
Atlantica Sustainable Infrastructure received 433 more outperform votes than ReNew Energy Global when rated by MarketBeat users. Likewise, 63.86% of users gave Atlantica Sustainable Infrastructure an outperform vote while only 42.42% of users gave ReNew Energy Global an outperform vote.
Summary
Atlantica Sustainable Infrastructure beats ReNew Energy Global on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding AY 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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