NYSE:AZRE

Azure Power Global Competitors

$24.17
-0.22 (-0.90 %)
(As of 04/20/2021 12:00 AM ET)
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Today's Range
$23.63
Now: $24.17
$24.45
50-Day Range
$24.39
MA: $27.88
$32.74
52-Week Range
$13.50
Now: $24.17
$53.60
Volume307,460 shs
Average Volume350,141 shs
Market Capitalization$1.16 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.84

Competitors

Azure Power Global (NYSE:AZRE) Vs. POR, PNM, ORA, AY, CIG, and ELP

Should you be buying AZRE stock or one of its competitors? Companies in the industry of "electric services" are considered alternatives and competitors to Azure Power Global, including Portland General Electric (POR), PNM Resources (PNM), Ormat Technologies (ORA), Atlantica Sustainable Infrastructure (AY), CEMIG (CIG), and Companhia Paranaense de Energia - COPEL (ELP).

Azure Power Global (NYSE:AZRE) and Portland General Electric (NYSE:POR) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their valuation, dividends, risk, institutional ownership, analyst recommendations, earnings and profitability.

Institutional and Insider Ownership

64.9% of Azure Power Global shares are owned by institutional investors. Comparatively, 91.0% of Portland General Electric shares are owned by institutional investors. 0.4% of Portland General Electric shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Azure Power Global and Portland General Electric's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Azure Power Global-14.74%-4.80%-1.01%
Portland General Electric7.67%9.97%3.02%

Earnings and Valuation

This table compares Azure Power Global and Portland General Electric's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Azure Power Global$171.90 million6.77$-30,000,000.00($0.47)-51.43
Portland General Electric$2.12 billion2.17$214 million$2.3921.53

Portland General Electric has higher revenue and earnings than Azure Power Global. Azure Power Global is trading at a lower price-to-earnings ratio than Portland General Electric, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Azure Power Global has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500. Comparatively, Portland General Electric has a beta of 0.26, suggesting that its stock price is 74% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Azure Power Global and Portland General Electric, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Azure Power Global01502.83
Portland General Electric05402.44

Azure Power Global presently has a consensus price target of $39.1667, indicating a potential upside of 62.05%. Portland General Electric has a consensus price target of $43.7778, indicating a potential downside of 14.93%. Given Azure Power Global's stronger consensus rating and higher probable upside, equities research analysts clearly believe Azure Power Global is more favorable than Portland General Electric.

Summary

Portland General Electric beats Azure Power Global on 9 of the 14 factors compared between the two stocks.

PNM Resources (NYSE:PNM) and Azure Power Global (NYSE:AZRE) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their risk, dividends, valuation, institutional ownership, profitability, earnings and analyst recommendations.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for PNM Resources and Azure Power Global, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
PNM Resources25101.88
Azure Power Global01502.83

PNM Resources currently has a consensus target price of $48.7143, indicating a potential downside of 1.92%. Azure Power Global has a consensus target price of $39.1667, indicating a potential upside of 62.05%. Given Azure Power Global's stronger consensus rating and higher possible upside, analysts plainly believe Azure Power Global is more favorable than PNM Resources.

Institutional & Insider Ownership

94.5% of PNM Resources shares are held by institutional investors. Comparatively, 64.9% of Azure Power Global shares are held by institutional investors. 1.4% of PNM Resources shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

PNM Resources has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500. Comparatively, Azure Power Global has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500.

Profitability

This table compares PNM Resources and Azure Power Global's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
PNM Resources12.49%11.03%2.58%
Azure Power Global-14.74%-4.80%-1.01%

Earnings and Valuation

This table compares PNM Resources and Azure Power Global's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PNM Resources$1.46 billion2.92$77.89 million$2.1623.00
Azure Power Global$171.90 million6.77$-30,000,000.00($0.47)-51.43

PNM Resources has higher revenue and earnings than Azure Power Global. Azure Power Global is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.

Summary

PNM Resources beats Azure Power Global on 9 of the 14 factors compared between the two stocks.

Azure Power Global (NYSE:AZRE) and Ormat Technologies (NYSE:ORA) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, earnings, analyst recommendations, valuation and risk.

Analyst Recommendations

This is a summary of recent recommendations for Azure Power Global and Ormat Technologies, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Azure Power Global01502.83
Ormat Technologies02202.50

Azure Power Global presently has a consensus target price of $39.1667, indicating a potential upside of 62.05%. Ormat Technologies has a consensus target price of $92.3333, indicating a potential upside of 21.33%. Given Azure Power Global's stronger consensus rating and higher possible upside, research analysts clearly believe Azure Power Global is more favorable than Ormat Technologies.

Institutional and Insider Ownership

64.9% of Azure Power Global shares are held by institutional investors. Comparatively, 77.4% of Ormat Technologies shares are held by institutional investors. 0.8% of Ormat Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Azure Power Global has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Ormat Technologies has a beta of 0.49, meaning that its share price is 51% less volatile than the S&P 500.

Profitability

This table compares Azure Power Global and Ormat Technologies' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Azure Power Global-14.74%-4.80%-1.01%
Ormat Technologies10.77%5.01%2.27%

Valuation and Earnings

This table compares Azure Power Global and Ormat Technologies' gross revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Azure Power Global$171.90 million6.77$-30,000,000.00($0.47)-51.43
Ormat Technologies$746.04 million5.71$88.10 million$1.4652.12

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

Summary

Ormat Technologies beats Azure Power Global on 9 of the 14 factors compared between the two stocks.

Azure Power Global (NYSE:AZRE) and Atlantica Sustainable Infrastructure (NASDAQ:AY) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, earnings, analyst recommendations, valuation and risk.

Analyst Recommendations

This is a summary of recent recommendations for Azure Power Global and Atlantica Sustainable Infrastructure, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Azure Power Global01502.83
Atlantica Sustainable Infrastructure01302.75

Azure Power Global presently has a consensus target price of $39.1667, indicating a potential upside of 62.05%. Atlantica Sustainable Infrastructure has a consensus target price of $43.6667, indicating a potential upside of 17.51%. Given Azure Power Global's stronger consensus rating and higher possible upside, research analysts clearly believe Azure Power Global is more favorable than Atlantica Sustainable Infrastructure.

Institutional and Insider Ownership

64.9% of Azure Power Global shares are held by institutional investors. Comparatively, 37.8% of Atlantica Sustainable Infrastructure shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Volatility and Risk

Azure Power Global has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Atlantica Sustainable Infrastructure has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500.

Profitability

This table compares Azure Power Global and Atlantica Sustainable Infrastructure's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Azure Power Global-14.74%-4.80%-1.01%
Atlantica Sustainable Infrastructure6.37%3.86%0.64%

Valuation and Earnings

This table compares Azure Power Global and Atlantica Sustainable Infrastructure's gross revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Azure Power Global$171.90 million6.77$-30,000,000.00($0.47)-51.43
Atlantica Sustainable Infrastructure$1.01 billion3.92$62.13 million$0.6160.92

Atlantica Sustainable Infrastructure has higher revenue and earnings than Azure Power Global. Azure Power Global is trading at a lower price-to-earnings ratio than Atlantica Sustainable Infrastructure, indicating that it is currently the more affordable of the two stocks.

Summary

Atlantica Sustainable Infrastructure beats Azure Power Global on 7 of the 13 factors compared between the two stocks.

Azure Power Global (NYSE:AZRE) and CEMIG (NYSE:CIG) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, profitability, dividends, earnings, analyst recommendations, valuation and risk.

Analyst Recommendations

This is a summary of recent recommendations for Azure Power Global and CEMIG, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Azure Power Global01502.83
CEMIG01102.50

Azure Power Global presently has a consensus target price of $39.1667, indicating a potential upside of 62.05%. CEMIG has a consensus target price of $17.00, indicating a potential upside of 611.30%. Given CEMIG's higher possible upside, analysts clearly believe CEMIG is more favorable than Azure Power Global.

Volatility and Risk

Azure Power Global has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, CEMIG has a beta of 0.67, meaning that its share price is 33% less volatile than the S&P 500.

Institutional and Insider Ownership

64.9% of Azure Power Global shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Azure Power Global and CEMIG's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Azure Power Global-14.74%-4.80%-1.01%
CEMIG7.60%5.68%1.83%

Valuation and Earnings

This table compares Azure Power Global and CEMIG's gross revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Azure Power Global$171.90 million6.77$-30,000,000.00($0.47)-51.43
CEMIG$6.32 billion0.57$792.38 millionN/AN/A

CEMIG has higher revenue and earnings than Azure Power Global.

Summary

CEMIG beats Azure Power Global on 6 of the 11 factors compared between the two stocks.

Azure Power Global (NYSE:AZRE) and Companhia Paranaense de Energia - COPEL (NYSE:ELP) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their profitability, institutional ownership, valuation, earnings, dividends, analyst recommendations and risk.

Analyst Ratings

This is a summary of current ratings for Azure Power Global and Companhia Paranaense de Energia - COPEL, as provided by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Azure Power Global01502.83
Companhia Paranaense de Energia - COPEL00103.00

Azure Power Global presently has a consensus price target of $39.1667, indicating a potential upside of 62.05%. Given Azure Power Global's higher possible upside, equities analysts clearly believe Azure Power Global is more favorable than Companhia Paranaense de Energia - COPEL.

Volatility and Risk

Azure Power Global has a beta of 0.84, meaning that its share price is 16% less volatile than the S&P 500. Comparatively, Companhia Paranaense de Energia - COPEL has a beta of 0.73, meaning that its share price is 27% less volatile than the S&P 500.

Institutional & Insider Ownership

64.9% of Azure Power Global shares are owned by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Profitability

This table compares Azure Power Global and Companhia Paranaense de Energia - COPEL's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Azure Power Global-14.74%-4.80%-1.01%
Companhia Paranaense de Energia - COPEL18.43%16.92%7.73%

Valuation & Earnings

This table compares Azure Power Global and Companhia Paranaense de Energia - COPEL's gross revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Azure Power Global$171.90 million6.77$-30,000,000.00($0.47)-51.43
Companhia Paranaense de Energia - COPEL$3.95 billion0.79$504.25 million$1.600.71

Companhia Paranaense de Energia - COPEL has higher revenue and earnings than Azure Power Global. Azure Power Global is trading at a lower price-to-earnings ratio than Companhia Paranaense de Energia - COPEL, indicating that it is currently the more affordable of the two stocks.

Summary

Companhia Paranaense de Energia - COPEL beats Azure Power Global on 8 of the 13 factors compared between the two stocks.


Azure Power Global Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
Portland General Electric logo
POR
Portland General Electric
1.9$51.46-1.5%$4.61 billion$2.12 billion28.12
PNM Resources logo
PNM
PNM Resources
1.9$49.67-0.1%$4.26 billion$1.46 billion20.27
Ormat Technologies logo
ORA
Ormat Technologies
1.6$76.10-1.4%$4.26 billion$746.04 million50.40
Atlantica Sustainable Infrastructure logo
AY
Atlantica Sustainable Infrastructure
1.9$37.16-2.1%$3.96 billion$1.01 billion62.98Analyst Report
Increase in Short Interest
News Coverage
CEMIG logo
CIG
CEMIG
1.2$2.39-4.2%$3.63 billion$6.32 billion0.00Unusual Options Activity
News Coverage
Companhia Paranaense de Energia - COPEL logo
ELP
Companhia Paranaense de Energia - COPEL
1.2$1.14-1.8%$3.12 billion$3.95 billion0.46News Coverage
TransAlta logo
TAC
TransAlta
1.7$9.70-0.5%$2.62 billion$1.77 billion-44.09Analyst Report
News Coverage
Otter Tail logo
OTTR
Otter Tail
1.8$47.53-0.6%$1.97 billion$919.50 million19.80Analyst Downgrade
Kenon logo
KEN
Kenon
0.5$34.28-1.3%$1.85 billion$373 million0.00Dividend Cut
News Coverage
Pampa Energía logo
PAM
Pampa Energía
1.0$14.30-2.1%$812.28 million$2.84 billion8.46
Central Puerto logo
CEPU
Central Puerto
1.4$2.12-2.4%$320.97 million$606.52 million3.31
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima logo
EDN
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima
0.8$3.59-0.8%$157.08 million$1.52 billion-5.13
Ocean Power Technologies logo
OPTT
Ocean Power Technologies
0.6$2.28-1.3%$116.25 million$1.68 million-2.37Gap Up
Black Hills logo
BKH
Black Hills
2.0$71.09-0.9%$50.62 million$1.73 billion20.03
This page was last updated on 4/21/2021 by MarketBeat.com Staff
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