OPTT vs. NOVA, PCYO, GWRS, RGCO, SUUN, SLNG, SPRU, WAVE, CETY, and CGBS
Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Sunnova Energy International (NOVA), Pure Cycle (PCYO), Global Water Resources (GWRS), RGC Resources (RGCO), SolarBank (SUUN), Stabilis Solutions (SLNG), Spruce Power (SPRU), Eco Wave Power Global AB (publ) (WAVE), Clean Energy Technologies (CETY), and Crown LNG (CGBS). These companies are all part of the "utilities" industry.
Ocean Power Technologies vs.
Ocean Power Technologies (NASDAQ:OPTT) and Sunnova Energy International (NYSE:NOVA) are both small-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, earnings, community ranking, media sentiment, institutional ownership, profitability and dividends.
Ocean Power Technologies has a beta of 2.58, indicating that its share price is 158% more volatile than the S&P 500. Comparatively, Sunnova Energy International has a beta of 2.28, indicating that its share price is 128% more volatile than the S&P 500.
Ocean Power Technologies received 95 more outperform votes than Sunnova Energy International when rated by MarketBeat users. Likewise, 73.85% of users gave Ocean Power Technologies an outperform vote while only 55.34% of users gave Sunnova Energy International an outperform vote.
11.9% of Ocean Power Technologies shares are owned by institutional investors. 1.0% of Ocean Power Technologies shares are owned by insiders. Comparatively, 4.5% of Sunnova Energy International shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Sunnova Energy International has a net margin of -51.02% compared to Ocean Power Technologies' net margin of -304.91%. Sunnova Energy International's return on equity of -11.15% beat Ocean Power Technologies' return on equity.
Ocean Power Technologies has higher earnings, but lower revenue than Sunnova Energy International. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Sunnova Energy International, indicating that it is currently the more affordable of the two stocks.
Sunnova Energy International has a consensus target price of $9.03, indicating a potential upside of 374.15%. Given Sunnova Energy International's stronger consensus rating and higher possible upside, analysts clearly believe Sunnova Energy International is more favorable than Ocean Power Technologies.
In the previous week, Sunnova Energy International had 3 more articles in the media than Ocean Power Technologies. MarketBeat recorded 5 mentions for Sunnova Energy International and 2 mentions for Ocean Power Technologies. Sunnova Energy International's average media sentiment score of 0.68 beat Ocean Power Technologies' score of 0.54 indicating that Sunnova Energy International is being referred to more favorably in the news media.
Summary
Sunnova Energy International beats Ocean Power Technologies on 11 of the 18 factors compared between the two stocks.
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This page (NASDAQ:OPTT) was last updated on 2/18/2025 by MarketBeat.com Staff