SEDG vs. IPGP, CREE, SHLS, JKS, CSIQ, QRVO, ENPH, FSLR, PTEN, and FLNC
Should you be buying SolarEdge Technologies stock or one of its competitors? The main competitors of SolarEdge Technologies include IPG Photonics (IPGP), Cree (CREE), Shoals Technologies Group (SHLS), JinkoSolar (JKS), Canadian Solar (CSIQ), Qorvo (QRVO), Enphase Energy (ENPH), First Solar (FSLR), Patterson-UTI Energy (PTEN), and Fluence Energy (FLNC).
SolarEdge Technologies (NASDAQ:SEDG) and IPG Photonics (NASDAQ:IPGP) are both mid-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, valuation, analyst recommendations, risk, media sentiment, profitability, earnings, institutional ownership and dividends.
SolarEdge Technologies presently has a consensus price target of $151.61, indicating a potential upside of 93.38%. IPG Photonics has a consensus price target of $125.33, indicating a potential upside of 26.06%. Given SolarEdge Technologies' higher possible upside, equities research analysts clearly believe SolarEdge Technologies is more favorable than IPG Photonics.
86.1% of SolarEdge Technologies shares are held by institutional investors. Comparatively, 59.1% of IPG Photonics shares are held by institutional investors. 1.2% of SolarEdge Technologies shares are held by company insiders. Comparatively, 37.1% of IPG Photonics shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
SolarEdge Technologies has a beta of 1.53, indicating that its share price is 53% more volatile than the S&P 500. Comparatively, IPG Photonics has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500.
IPG Photonics has lower revenue, but higher earnings than SolarEdge Technologies. SolarEdge Technologies is trading at a lower price-to-earnings ratio than IPG Photonics, indicating that it is currently the more affordable of the two stocks.
SolarEdge Technologies received 133 more outperform votes than IPG Photonics when rated by MarketBeat users. However, 66.54% of users gave IPG Photonics an outperform vote while only 64.92% of users gave SolarEdge Technologies an outperform vote.
IPG Photonics has a net margin of 6.40% compared to SolarEdge Technologies' net margin of 6.13%. SolarEdge Technologies' return on equity of 14.14% beat IPG Photonics' return on equity.
In the previous week, SolarEdge Technologies had 4 more articles in the media than IPG Photonics. MarketBeat recorded 14 mentions for SolarEdge Technologies and 10 mentions for IPG Photonics. SolarEdge Technologies' average media sentiment score of 0.48 beat IPG Photonics' score of 0.38 indicating that SolarEdge Technologies is being referred to more favorably in the media.
Summary
SolarEdge Technologies beats IPG Photonics on 11 of the 19 factors compared between the two stocks.
Get SolarEdge Technologies News Delivered to You Automatically
Sign up to receive the latest news and ratings for SEDG and its competitors with MarketBeat's FREE daily newsletter.
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 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
SolarEdge Technologies Competitors List
Related Companies and Tools