Eos Energy Enterprises (EOSE) Competitors

Novanta (NASDAQ:NOVT) and Eos Energy Enterprises (NASDAQ:EOSE) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings, media sentiment, institutional ownership and community ranking.

Do institutionals and insiders hold more shares of 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 hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Does the MarketBeat Community prefer 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%

Which has more volatility & risk, NOVT or EOSE?

Novanta has a beta of 1.42, suggesting that its stock price is 42% more volatile than the S&P 500. Comparatively, Eos Energy Enterprises has a beta of 2.17, suggesting that its stock price is 117% more volatile than the S&P 500.

Does the media favor NOVT or EOSE?

In the previous week, Novanta had 1 more articles in the media than Eos Energy Enterprises. MarketBeat recorded 10 mentions for Novanta and 9 mentions for Eos Energy Enterprises. Eos Energy Enterprises' average media sentiment score of 1.61 beat Novanta's score of 1.49 indicating that Eos Energy Enterprises is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Novanta	8 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Eos Energy Enterprises	7 Very Positive mention(s)	1 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Very Positive

Do analysts rate NOVT or EOSE?

Novanta presently has a consensus target price of $160.00, suggesting a potential upside of 32.46%. Eos Energy Enterprises has a consensus target price of $4.70, suggesting a potential downside of 8.56%. Given Novanta's higher probable upside, research analysts plainly 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)	5 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.38

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%

Which has higher earnings & 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	$949.25M	4.58	$72.88M	$1.78	67.86
Eos Energy Enterprises	$15.61M	74.63	-$229.51M	-$4.45	-1.16

Summary

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