SolarEdge Technologies (SEDG) Competitors

$58.20
+1.59 (+2.81%)
(As of 04/26/2024 ET)

SEDG vs. CREE, IPGP, SHLS, JKS, CSIQ, BSM, AROC, CVI, HCC, and BTU

Should you be buying SolarEdge Technologies stock or one of its competitors? The main competitors of SolarEdge Technologies include Cree (CREE), IPG Photonics (IPGP), Shoals Technologies Group (SHLS), JinkoSolar (JKS), Canadian Solar (CSIQ), Black Stone Minerals (BSM), Archrock (AROC), CVR Energy (CVI), Warrior Met Coal (HCC), and Peabody Energy (BTU).

SolarEdge Technologies vs.

SolarEdge Technologies (NASDAQ:SEDG) and Cree (NASDAQ:CREE) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, earnings, institutional ownership, risk, analyst recommendations, media sentiment, profitability, valuation and dividends.

SolarEdge Technologies has a net margin of 1.15% compared to Cree's net margin of -83.60%. SolarEdge Technologies' return on equity of 5.00% beat Cree's return on equity.

Company Net Margins Return on Equity Return on Assets
SolarEdge Technologies1.15% 5.00% 2.65%
Cree -83.60%-7.29%-4.50%

SolarEdge Technologies has a beta of 1.51, indicating that its stock price is 51% more volatile than the S&P 500. Comparatively, Cree has a beta of 1.44, indicating that its stock price is 44% more volatile than the S&P 500.

In the previous week, SolarEdge Technologies had 13 more articles in the media than Cree. MarketBeat recorded 26 mentions for SolarEdge Technologies and 13 mentions for Cree. SolarEdge Technologies' average media sentiment score of 0.42 beat Cree's score of 0.29 indicating that SolarEdge Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SolarEdge Technologies
9 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cree
3 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
2 Very Negative mention(s)
Neutral

SolarEdge Technologies has higher revenue and earnings than Cree. Cree is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SolarEdge Technologies$2.98B1.12$34.33M$0.45129.33
Cree$525.60M5.79-$523.90M-$1.40-18.75

Cree received 310 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 64.96% of users gave Cree an outperform vote while only 63.99% of users gave SolarEdge Technologies an outperform vote.

CompanyUnderperformOutperform
SolarEdge TechnologiesOutperform Votes
654
63.99%
Underperform Votes
368
36.01%
CreeOutperform Votes
964
64.96%
Underperform Votes
520
35.04%

SolarEdge Technologies presently has a consensus price target of $98.38, suggesting a potential upside of 69.05%. Given SolarEdge Technologies' higher probable upside, analysts clearly believe SolarEdge Technologies is more favorable than Cree.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarEdge Technologies
3 Sell rating(s)
21 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.10
Cree
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

95.1% of SolarEdge Technologies shares are owned by institutional investors. 1.2% of SolarEdge Technologies shares are owned by insiders. Comparatively, 0.4% of Cree shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

SolarEdge Technologies beats Cree on 14 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SEDG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

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.
Skip Chart

SEDG vs. The Competition

MetricSolarEdge TechnologiesSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$3.32B$44.79B$8.21B$7.55B
Dividend YieldN/A1.94%11.93%3.95%
P/E Ratio129.3325.1819.2719.19
Price / Sales1.1217.1749.6285.76
Price / Cash15.1021.2411.3434.73
Price / Book1.376.163.634.33
Net Income$34.33M$974.79M$988.12M$214.22M
7 Day Performance4.30%9.14%1.57%1.88%
1 Month Performance-16.49%-5.27%2.57%-5.23%
1 Year Performance-79.87%7.20%8.13%8.41%

SolarEdge Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CREE
Cree
0.0385 of 5 stars
$22.57
-5.7%
N/A-54.3%$2.62B$525.60M-4.833,466High Trading Volume
IPGP
IPG Photonics
4.8868 of 5 stars
$85.37
+0.3%
$117.20
+37.3%
-20.2%$3.92B$1.29B18.486,180Upcoming Earnings
Insider Selling
Short Interest ↑
News Coverage
SHLS
Shoals Technologies Group
3.7231 of 5 stars
$8.46
+0.4%
$20.94
+147.5%
-59.0%$1.44B$488.94M33.841,309Short Interest ↓
JKS
JinkoSolar
4.2661 of 5 stars
$22.88
+4.9%
$26.60
+16.3%
-49.4%$1.20B$16.72B2.9146,511Upcoming Earnings
Analyst Downgrade
News Coverage
CSIQ
Canadian Solar
4.3288 of 5 stars
$14.87
-0.7%
$31.78
+113.7%
-59.8%$959.26M$7.61B3.8318,423Gap Up
BSM
Black Stone Minerals
2.7493 of 5 stars
$15.75
+0.8%
$19.33
+22.8%
-1.0%$3.29B$501.10M8.422,020Positive News
AROC
Archrock
2.1082 of 5 stars
$19.95
+2.3%
$17.67
-11.4%
+104.7%$3.12B$990.34M29.781,100Upcoming Earnings
Dividend Announcement
Short Interest ↑
News Coverage
CVI
CVR Energy
1.9978 of 5 stars
$33.71
+1.8%
$31.33
-7.1%
+26.9%$3.39B$9.25B4.411,566Upcoming Earnings
Short Interest ↓
HCC
Warrior Met Coal
3.309 of 5 stars
$65.58
-2.3%
$67.60
+3.1%
+105.1%$3.43B$1.68B7.131,143Upcoming Earnings
Dividend Announcement
BTU
Peabody Energy
3.5915 of 5 stars
$23.44
-2.0%
$30.00
+28.0%
-0.7%$2.98B$4.95B4.715,400Upcoming Earnings

Related Companies and Tools

This page (NASDAQ:SEDG) was last updated on 4/28/2024 by MarketBeat.com Staff

From Our Partners