ENVX vs. RUN, FLNC, REX, PDS, CSIQ, AMRC, PUMP, SBR, SXC, and BORR
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Sunrun (RUN), Fluence Energy (FLNC), REX American Resources (REX), Precision Drilling (PDS), Canadian Solar (CSIQ), Ameresco (AMRC), ProPetro (PUMP), Sabine Royalty Trust (SBR), SunCoke Energy (SXC), and Borr Drilling (BORR). These companies are all part of the "oils/energy" sector.
Enovix (NASDAQ:ENVX) and Sunrun (NASDAQ:RUN) are both oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, dividends, valuation, analyst recommendations, profitability, risk, media sentiment, earnings and institutional ownership.
Sunrun has a net margin of -71.00% compared to Enovix's net margin of -2,800.51%. Sunrun's return on equity of -5.58% beat Enovix's return on equity.
50.9% of Enovix shares are owned by institutional investors. Comparatively, 91.7% of Sunrun shares are owned by institutional investors. 17.3% of Enovix shares are owned by company insiders. Comparatively, 3.8% of Sunrun shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Enovix has a beta of 1.62, indicating that its stock price is 62% more volatile than the S&P 500. Comparatively, Sunrun has a beta of 2.46, indicating that its stock price is 146% more volatile than the S&P 500.
Enovix has higher earnings, but lower revenue than Sunrun. Enovix is trading at a lower price-to-earnings ratio than Sunrun, indicating that it is currently the more affordable of the two stocks.
In the previous week, Enovix had 3 more articles in the media than Sunrun. MarketBeat recorded 12 mentions for Enovix and 9 mentions for Sunrun. Enovix's average media sentiment score of 0.66 beat Sunrun's score of 0.65 indicating that Enovix is being referred to more favorably in the media.
Sunrun received 569 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 68.74% of users gave Sunrun an outperform vote while only 55.77% of users gave Enovix an outperform vote.
Enovix currently has a consensus price target of $30.00, suggesting a potential upside of 398.34%. Sunrun has a consensus price target of $21.26, suggesting a potential upside of 112.21%. Given Enovix's stronger consensus rating and higher possible upside, equities analysts plainly believe Enovix is more favorable than Sunrun.
Summary
Sunrun beats Enovix 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 ENVX 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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