MGEE vs. MYRG, AVA, PRMW, CWT, AWR, NWE, PAM, CPK, SR, and ALE
Should you be buying MGE Energy stock or one of its competitors? The main competitors of MGE Energy include MYR Group (MYRG), Avista (AVA), Primo Water (PRMW), California Water Service Group (CWT), American States Water (AWR), NorthWestern Energy Group (NWE), Pampa Energía (PAM), Chesapeake Utilities (CPK), Spire (SR), and ALLETE (ALE). These companies are all part of the "utilities" sector.
MYR Group (NASDAQ:MYRG) and MGE Energy (NASDAQ:MGEE) are both mid-cap utilities companies, but which is the superior stock? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, profitability, dividends, risk, media sentiment, earnings and community ranking.
MYR Group received 127 more outperform votes than MGE Energy when rated by MarketBeat users. Likewise, 62.14% of users gave MYR Group an outperform vote while only 55.96% of users gave MGE Energy an outperform vote.
88.9% of MYR Group shares are owned by institutional investors. Comparatively, 52.6% of MGE Energy shares are owned by institutional investors. 1.8% of MYR Group shares are owned by company insiders. Comparatively, 0.2% of MGE Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
MGE Energy has a net margin of 17.05% compared to MGE Energy's net margin of 2.50%. MGE Energy's return on equity of 14.80% beat MYR Group's return on equity.
MYR Group has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, MGE Energy has a beta of 0.7, meaning that its stock price is 30% less volatile than the S&P 500.
MYR Group presently has a consensus target price of $171.00, indicating a potential downside of 2.43%. MGE Energy has a consensus target price of $62.00, indicating a potential downside of 20.03%. Given MGE Energy's stronger consensus rating and higher probable upside, equities analysts clearly believe MYR Group is more favorable than MGE Energy.
In the previous week, MYR Group and MYR Group both had 3 articles in the media. MGE Energy's average media sentiment score of 1.10 beat MYR Group's score of 0.77 indicating that MYR Group is being referred to more favorably in the media.
MGE Energy has lower revenue, but higher earnings than MYR Group. MGE Energy is trading at a lower price-to-earnings ratio than MYR Group, indicating that it is currently the more affordable of the two stocks.
Summary
MYR Group beats MGE Energy on 14 of the 17 factors compared between the two stocks.
Get MGE Energy News Delivered to You Automatically
Sign up to receive the latest news and ratings for MGEE and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding MGEE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis 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
MGE Energy Competitors List
Related Companies and Tools