Enovix (ENVX) Competitors $9.34 -0.52 (-5.27%) (As of 12/10/2024 ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends ENVX vs. NOVT, ENS, FLNC, ATKR, ENR, QS, SPB, RUN, EOSE, and BYRNShould you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Novanta (NOVT), EnerSys (ENS), Fluence Energy (FLNC), Atkore (ATKR), Energizer (ENR), QuantumScape (QS), Spectrum Brands (SPB), Sunrun (RUN), Eos Energy Enterprises (EOSE), and Byrna Technologies (BYRN). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry. Enovix vs. Novanta EnerSys Fluence Energy Atkore Energizer QuantumScape Spectrum Brands Sunrun Eos Energy Enterprises Byrna Technologies Enovix (NASDAQ:ENVX) and Novanta (NASDAQ:NOVT) are both oils/energy companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, dividends, community ranking, risk, profitability, institutional ownership, earnings, analyst recommendations and valuation. Does the media favor ENVX or NOVT? In the previous week, Enovix had 4 more articles in the media than Novanta. MarketBeat recorded 8 mentions for Enovix and 4 mentions for Novanta. Novanta's average media sentiment score of 1.40 beat Enovix's score of 0.51 indicating that Novanta is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Enovix 5 Very Positive mention(s) 0 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Novanta 3 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Is ENVX or NOVT more profitable? Novanta has a net margin of 6.52% compared to Enovix's net margin of -1,180.21%. Novanta's return on equity of 15.20% beat Enovix's return on equity.Company Net Margins Return on Equity Return on Assets Enovix-1,180.21% -102.19% -42.53% Novanta 6.52%15.20%7.80% Which has preferable valuation and earnings, ENVX or NOVT? Novanta has higher revenue and earnings than Enovix. Enovix is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioEnovix$7.64M229.70-$214.07M-$1.61-6.12Novanta$881.66M6.77$72.88M$1.6799.44 Do analysts rate ENVX or NOVT? Enovix presently has a consensus price target of $20.50, indicating a potential upside of 107.91%. Novanta has a consensus price target of $169.00, indicating a potential upside of 1.76%. Given Enovix's stronger consensus rating and higher probable upside, analysts plainly believe Enovix is more favorable than Novanta.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Enovix 0 Sell rating(s) 2 Hold rating(s) 8 Buy rating(s) 1 Strong Buy rating(s) 2.91Novanta 0 Sell rating(s) 1 Hold rating(s) 0 Buy rating(s) 0 Strong Buy rating(s) 2.00 Does the MarketBeat Community believe in ENVX or NOVT? Novanta received 258 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 71.80% of users gave Novanta an outperform vote while only 64.29% of users gave Enovix an outperform vote. CompanyUnderperformOutperformEnovixOutperform Votes4564.29% Underperform Votes2535.71% NovantaOutperform Votes30371.80% Underperform Votes11928.20% Do institutionals and insiders believe in ENVX or NOVT? 50.9% of Enovix shares are held by institutional investors. Comparatively, 98.4% of Novanta shares are held by institutional investors. 15.7% of Enovix shares are held by company insiders. Comparatively, 1.2% of Novanta shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth. Which has more volatility & risk, ENVX or NOVT? Enovix has a beta of 1.94, suggesting that its stock price is 94% more volatile than the S&P 500. Comparatively, Novanta has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500. SummaryNovanta beats Enovix on 11 of the 19 factors compared between the two stocks. Ad Banyan Hill PublishingDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001." I put all the details together for you here — but please hurry. Get Enovix News Delivered to You Automatically Sign up to receive the latest news and ratings for ENVX and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?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.Skip Chart ENVX vs. The Competition Export to ExcelMetricEnovixelectrical machinery, equipment, & supplies IndustryEnergy SectorNASDAQ ExchangeMarket Cap$1.75B$953.37M$8.20B$9.16BDividend YieldN/A1.90%11.35%4.06%P/E Ratio-6.1222.9316.7017.59Price / Sales229.7013.25115.20164.82Price / CashN/A15.1311.6135.62Price / Book6.323.943.694.97Net Income-$214.07M-$70.32M$919.26M$224.59M7 Day Performance-0.30%2.43%-1.85%1.32%1 Month Performance5.12%15.59%10.65%6.29%1 Year Performance-16.16%1.49%7.90%29.33% Enovix Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ENVXEnovix2.5322 of 5 stars$9.34-5.3%$20.50+119.5%-16.2%$1.66B$20.74M-5.80560Gap DownNOVTNovanta1.9901 of 5 stars$165.94+0.1%$169.00+1.8%+7.9%$5.96B$881.66M99.232,900Positive NewsENSEnerSys4.4523 of 5 stars$97.12+2.5%$118.00+21.5%+4.1%$3.87B$3.58B13.4210,797Positive NewsFLNCFluence Energy4.3752 of 5 stars$18.81+11.2%$26.85+42.7%-15.5%$3.41B$2.70B141.691,595Analyst RevisionGap DownATKRAtkore4.3303 of 5 stars$90.47+1.7%$118.80+31.3%-32.9%$3.16B$3.20B7.055,600Positive NewsENREnergizer4.1452 of 5 stars$38.24+1.0%$37.63-1.6%+23.1%$2.75B$2.89B72.855,600QSQuantumScape0.8596 of 5 stars$5.28+5.6%$6.26+18.6%-24.8%$2.71BN/A-5.75850Insider TradeHigh Trading VolumeSPBSpectrum Brands3.4787 of 5 stars$96.20+1.4%$102.38+6.4%+29.1%$2.70B$2.96B23.253,100Positive NewsRUNSunrun4.5102 of 5 stars$10.58+2.1%$19.28+82.2%-13.0%$2.37B$2.26B0.0010,833Positive NewsEOSEEos Energy Enterprises1.1583 of 5 stars$3.31+3.1%$3.90+17.8%+172.1%$721.28M$16.38M-1.35250Positive NewsBYRNByrna Technologies1.4612 of 5 stars$18.81-3.2%$17.75-5.6%+231.3%$428.12M$42.64M215.91150News CoverageGap Up Related Companies and Tools Related Companies Novanta Alternatives EnerSys Alternatives Fluence Energy Alternatives Atkore Alternatives Energizer Alternatives QuantumScape Alternatives Spectrum Brands Alternatives Sunrun Alternatives Eos Energy Enterprises Alternatives Byrna Technologies Alternatives Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NASDAQ:ENVX) was last updated on 12/10/2024 by MarketBeat.com Staff From Our PartnersBuffett’s Selling Out: Is Your 401(k) About to Get Wiped Out?Let me share something important with you. 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