Eos Energy Enterprises (EOSE) Competitors

Novanta (NASDAQ:NOVT) and Eos Energy Enterprises (NASDAQ:EOSE) are both computer and technology 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.

Does the media prefer NOVT or EOSE?

In the previous week, Eos Energy Enterprises had 1 more articles in the media than Novanta. MarketBeat recorded 10 mentions for Eos Energy Enterprises and 9 mentions for Novanta. Novanta's average media sentiment score of 1.44 beat Eos Energy Enterprises' score of 0.50 indicating that Novanta is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Novanta	7 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Eos Energy Enterprises	6 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

Do institutionals & insiders have more ownership in NOVT or EOSE?

98.3% of Novanta shares are held by institutional investors. Comparatively, 54.9% of Eos Energy Enterprises shares are held by institutional investors. 1.2% of Novanta shares are held by insiders. Comparatively, 3.6% of Eos Energy Enterprises 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.

Is NOVT or EOSE more profitable?

Novanta has a net margin of 6.52% compared to Eos Energy Enterprises' net margin of -3,067.26%. Novanta's return on equity of 15.20% beat Eos Energy Enterprises' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Novanta	6.52%	15.20%	7.80%
Eos Energy Enterprises	-3,067.26%	N/A	-89.33%

Do analysts prefer NOVT or EOSE?

Novanta presently has a consensus price target of $160.00, indicating a potential upside of 30.32%. Eos Energy Enterprises has a consensus price target of $6.00, indicating a potential upside of 1.15%. Given Novanta's higher possible upside, research analysts clearly believe Novanta is more favorable than Eos Energy Enterprises.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Novanta	0 Sell rating(s)	1 Hold rating(s)	0 Buy rating(s)	0 Strong Buy rating(s)	2.00
Eos Energy Enterprises	0 Sell rating(s)	4 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	2.33

Which has better earnings and valuation, NOVT or EOSE?

Novanta has higher revenue and earnings than Eos Energy Enterprises. Eos Energy Enterprises is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Novanta	$951.70M	4.64	$72.88M	$1.96	62.64
Eos Energy Enterprises	$19.46M	69.37	-$229.51M	-$4.42	-1.34

Which has more risk & volatility, NOVT or EOSE?

Novanta has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500. Comparatively, Eos Energy Enterprises has a beta of 2.11, meaning that its share price is 111% more volatile than the S&P 500.

Does the MarketBeat Community favor NOVT or EOSE?

Novanta received 277 more outperform votes than Eos Energy Enterprises when rated by MarketBeat users. Likewise, 71.63% of users gave Novanta an outperform vote while only 49.06% of users gave Eos Energy Enterprises an outperform vote.

Company	Underperform	Outperform
Novanta	Outperform Votes 303 71.63%	Underperform Votes 120 28.37%
Eos Energy Enterprises	Outperform Votes 26 49.06%	Underperform Votes 27 50.94%

Summary

Novanta beats Eos Energy Enterprises on 12 of the 18 factors compared between the two stocks.