NFE vs. UGP, NFG, NJR, OGS, SR, EE, SM, SUN, ETRN, and KNTK
Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include Ultrapar Participações (UGP), National Fuel Gas (NFG), New Jersey Resources (NJR), ONE Gas (OGS), Spire (SR), Excelerate Energy (EE), SM Energy (SM), Sunoco (SUN), Equitrans Midstream (ETRN), and Kinetik (KNTK).
Ultrapar Participações (NYSE:UGP) and New Fortress Energy (NASDAQ:NFE) are both mid-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, community ranking, valuation, profitability, dividends, media sentiment, risk and earnings.
Ultrapar Participações has a beta of 1.59, suggesting that its share price is 59% more volatile than the S&P 500. Comparatively, New Fortress Energy has a beta of 1.53, suggesting that its share price is 53% more volatile than the S&P 500.
Ultrapar Participações presently has a consensus target price of $4.37, suggesting a potential downside of 16.67%. New Fortress Energy has a consensus target price of $39.29, suggesting a potential upside of 44.86%. Given Ultrapar Participações' stronger consensus rating and higher possible upside, analysts clearly believe New Fortress Energy is more favorable than Ultrapar Participações.
New Fortress Energy has lower revenue, but higher earnings than Ultrapar Participações. New Fortress Energy is trading at a lower price-to-earnings ratio than Ultrapar Participações, indicating that it is currently the more affordable of the two stocks.
In the previous week, New Fortress Energy had 1 more articles in the media than Ultrapar Participações. MarketBeat recorded 3 mentions for New Fortress Energy and 2 mentions for Ultrapar Participações. New Fortress Energy's average media sentiment score of 0.68 beat Ultrapar Participações' score of 0.65 indicating that Ultrapar Participações is being referred to more favorably in the media.
Ultrapar Participações pays an annual dividend of $0.14 per share and has a dividend yield of 2.7%. New Fortress Energy pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Ultrapar Participações pays out 31.1% of its earnings in the form of a dividend. New Fortress Energy pays out 15.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Ultrapar Participações has increased its dividend for 1 consecutive years. Ultrapar Participações is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
3.6% of Ultrapar Participações shares are held by institutional investors. Comparatively, 58.6% of New Fortress Energy shares are held by institutional investors. 1.8% of Ultrapar Participações shares are held by insiders. Comparatively, 37.1% of New Fortress Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Ultrapar Participações received 205 more outperform votes than New Fortress Energy when rated by MarketBeat users. Likewise, 61.64% of users gave Ultrapar Participações an outperform vote while only 55.56% of users gave New Fortress Energy an outperform vote.
New Fortress Energy has a net margin of 22.70% compared to New Fortress Energy's net margin of 1.95%. Ultrapar Participações' return on equity of 36.16% beat New Fortress Energy's return on equity.
Summary
New Fortress Energy beats Ultrapar Participações on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NFE 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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