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Enphase Energy (ENPH) Competitors

$105.46
-2.48 (-2.30%)
(As of 07/19/2024 ET)

ENPH vs. QRVO, ASX, IPGP, SEDG, ON, AME, ROK, GNRC, AYI, and FELE

Should you be buying Enphase Energy stock or one of its competitors? The main competitors of Enphase Energy include Qorvo (QRVO), ASE Technology (ASX), IPG Photonics (IPGP), SolarEdge Technologies (SEDG), Onsemi (ON), AMETEK (AME), Rockwell Automation (ROK), Generac (GNRC), Acuity Brands (AYI), and Franklin Electric (FELE).

Enphase Energy vs.

Qorvo (NASDAQ:QRVO) and Enphase Energy (NASDAQ:ENPH) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, media sentiment, profitability, dividends, risk, earnings, institutional ownership, analyst recommendations and valuation.

In the previous week, Enphase Energy had 28 more articles in the media than Qorvo. MarketBeat recorded 46 mentions for Enphase Energy and 18 mentions for Qorvo. Enphase Energy's average media sentiment score of 1.03 beat Qorvo's score of 0.32 indicating that Qorvo is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Qorvo
6 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enphase Energy
15 Very Positive mention(s)
2 Positive mention(s)
23 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Qorvo presently has a consensus price target of $112.94, suggesting a potential downside of 7.27%. Enphase Energy has a consensus price target of $129.74, suggesting a potential upside of 23.02%. Given Qorvo's stronger consensus rating and higher possible upside, analysts plainly believe Enphase Energy is more favorable than Qorvo.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Qorvo
2 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.24
Enphase Energy
3 Sell rating(s)
11 Hold rating(s)
17 Buy rating(s)
0 Strong Buy rating(s)
2.45

Qorvo received 40 more outperform votes than Enphase Energy when rated by MarketBeat users. Likewise, 66.48% of users gave Qorvo an outperform vote while only 65.24% of users gave Enphase Energy an outperform vote.

CompanyUnderperformOutperform
QorvoOutperform Votes
817
66.48%
Underperform Votes
412
33.52%
Enphase EnergyOutperform Votes
777
65.24%
Underperform Votes
414
34.76%

Enphase Energy has lower revenue, but higher earnings than Qorvo. Qorvo is trading at a lower price-to-earnings ratio than Enphase Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Qorvo$3.77B3.07-$70.32M-$0.73-166.85
Enphase Energy$2.29B6.26$438.94M$1.9254.93

Enphase Energy has a net margin of 15.10% compared to Enphase Energy's net margin of -1.86%. Qorvo's return on equity of 31.89% beat Enphase Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Qorvo-1.86% 13.43% 7.47%
Enphase Energy 15.10%31.89%9.11%

Qorvo has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500. Comparatively, Enphase Energy has a beta of 1.71, meaning that its share price is 71% more volatile than the S&P 500.

88.6% of Qorvo shares are held by institutional investors. Comparatively, 72.1% of Enphase Energy shares are held by institutional investors. 0.5% of Qorvo shares are held by company insiders. Comparatively, 3.4% of Enphase Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Enphase Energy beats Qorvo on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENPH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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ENPH vs. The Competition

MetricEnphase EnergySemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$14.35B$48.16B$8.20B$8.23B
Dividend YieldN/A1.80%11.67%3.95%
P/E Ratio54.9321.7314.2615.91
Price / Sales6.2618.8568.0878.44
Price / Cash27.8326.9111.0933.93
Price / Book14.656.683.844.42
Net Income$438.94M$905.18M$964.53M$216.15M
7 Day Performance-11.63%-7.08%-1.15%-0.11%
1 Month Performance-2.86%0.12%359.60%5.61%
1 Year Performance-40.05%7.76%378.29%1.32%

Enphase Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
QRVO
Qorvo
4.2749 of 5 stars
4.27 / 5 stars
$121.80
-2.2%
$112.94
-7.3%
+15.1%$11.57B$3.77B-166.858,700Analyst Forecast
News Coverage
Positive News
ASX
ASE Technology
3.9847 of 5 stars
3.98 / 5 stars
$11.02
-2.6%
$9.20
-16.5%
+40.0%$24.16B$18.69B23.9692,894Upcoming Earnings
IPGP
IPG Photonics
4.6711 of 5 stars
4.67 / 5 stars
$88.03
-1.2%
$110.40
+25.4%
-34.6%$4.01B$1.29B22.696,180Positive News
SEDG
SolarEdge Technologies
4.3002 of 5 stars
4.30 / 5 stars
$25.69
-3.9%
$70.69
+175.2%
-90.6%$1.47B$2.98B-5.525,633Analyst Forecast
ON
Onsemi
4.7286 of 5 stars
4.73 / 5 stars
$72.53
-3.8%
$88.36
+21.8%
-28.8%$31.20B$8.25B14.8030,100Analyst Forecast
AME
AMETEK
4.0177 of 5 stars
4.02 / 5 stars
$169.16
-1.5%
$181.20
+7.1%
+7.4%$39.16B$6.74B29.7321,500Positive News
ROK
Rockwell Automation
4.9338 of 5 stars
4.93 / 5 stars
$269.77
-1.0%
$300.71
+11.5%
-21.6%$30.75B$9.06B26.3729,000News Coverage
Positive News
GNRC
Generac
4.2055 of 5 stars
4.21 / 5 stars
$156.49
-0.3%
$142.65
-8.8%
+6.5%$9.48B$4.02B43.118,600Analyst Forecast
News Coverage
AYI
Acuity Brands
4.0235 of 5 stars
4.02 / 5 stars
$254.50
-1.1%
$279.00
+9.6%
+51.8%$7.83B$3.95B20.6912,200Positive News
FELE
Franklin Electric
3.9133 of 5 stars
3.91 / 5 stars
$102.51
-1.1%
$100.00
-2.4%
-3.4%$4.72B$2.07B25.506,400Upcoming Earnings
Short Interest ↑
Positive News

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This page (NASDAQ:ENPH) was last updated on 7/20/2024 by MarketBeat.com Staff

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