NXT vs. KNTK, DTM, ENLC, SM, UGP, NFE, AM, ETRN, MGY, and CPG
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Kinetik (KNTK), DT Midstream (DTM), EnLink Midstream (ENLC), SM Energy (SM), Ultrapar Participações (UGP), New Fortress Energy (NFE), Antero Midstream (AM), Equitrans Midstream (ETRN), Magnolia Oil & Gas (MGY), and Crescent Point Energy (CPG). These companies are all part of the "oils/energy" sector.
Kinetik (NASDAQ:KNTK) and Nextracker (NASDAQ:NXT) are both mid-cap oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, community ranking, media sentiment, analyst recommendations, dividends, profitability, valuation, risk and earnings.
21.1% of Kinetik shares are owned by institutional investors. Comparatively, 67.4% of Nextracker shares are owned by institutional investors. 3.6% of Kinetik shares are owned by insiders. Comparatively, 0.1% of Nextracker shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Kinetik has a beta of 2.8, meaning that its stock price is 180% more volatile than the S&P 500. Comparatively, Nextracker has a beta of 1.94, meaning that its stock price is 94% more volatile than the S&P 500.
In the previous week, Kinetik and Kinetik both had 6 articles in the media. Nextracker's average media sentiment score of 1.20 beat Kinetik's score of 0.38 indicating that Kinetik is being referred to more favorably in the media.
Kinetik currently has a consensus target price of $39.67, indicating a potential upside of 2.60%. Nextracker has a consensus target price of $59.41, indicating a potential upside of 33.41%. Given Kinetik's stronger consensus rating and higher possible upside, analysts plainly believe Nextracker is more favorable than Kinetik.
Kinetik has higher earnings, but lower revenue than Nextracker. Kinetik is trading at a lower price-to-earnings ratio than Nextracker, indicating that it is currently the more affordable of the two stocks.
Kinetik has a net margin of 28.57% compared to Kinetik's net margin of 4.48%. Kinetik's return on equity of -5.98% beat Nextracker's return on equity.
Nextracker received 29 more outperform votes than Kinetik when rated by MarketBeat users. Likewise, 66.13% of users gave Nextracker an outperform vote while only 35.29% of users gave Kinetik an outperform vote.
Summary
Nextracker beats Kinetik on 10 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NXT 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.
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