GWH vs. ELVA, ULBI, CBAT, FLUX, DFLI, STEM, NVX, YIBO, STG, and INVE
Should you be buying ESS Tech stock or one of its competitors? The main competitors of ESS Tech include Electrovaya (ELVA), Ultralife (ULBI), CBAK Energy Technology (CBAT), Flux Power (FLUX), Dragonfly Energy (DFLI), Stem (STEM), NOVONIX (NVX), Planet Image International (YIBO), Sunlands Technology Group (STG), and Identiv (INVE). These companies are all part of the "computer and technology" sector.
ESS Tech (NYSE:GWH) and Electrovaya (NASDAQ:ELVA) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, earnings, analyst recommendations, institutional ownership, risk, community ranking and valuation.
46.8% of ESS Tech shares are held by institutional investors. Comparatively, 22.5% of Electrovaya shares are held by institutional investors. 1.8% of ESS Tech shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
ESS Tech received 5 more outperform votes than Electrovaya when rated by MarketBeat users. However, 100.00% of users gave Electrovaya an outperform vote while only 33.33% of users gave ESS Tech an outperform vote.
ESS Tech presently has a consensus price target of $2.14, suggesting a potential upside of 202.50%. Electrovaya has a consensus price target of $11.33, suggesting a potential upside of 276.52%. Given Electrovaya's stronger consensus rating and higher possible upside, analysts clearly believe Electrovaya is more favorable than ESS Tech.
In the previous week, Electrovaya had 1 more articles in the media than ESS Tech. MarketBeat recorded 3 mentions for Electrovaya and 2 mentions for ESS Tech. ESS Tech's average media sentiment score of 0.40 beat Electrovaya's score of 0.13 indicating that ESS Tech is being referred to more favorably in the media.
Electrovaya has a net margin of 1.79% compared to ESS Tech's net margin of -1,028.89%. Electrovaya's return on equity of 12.44% beat ESS Tech's return on equity.
Electrovaya has higher revenue and earnings than ESS Tech. ESS Tech is trading at a lower price-to-earnings ratio than Electrovaya, indicating that it is currently the more affordable of the two stocks.
Summary
Electrovaya beats ESS Tech on 12 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GWH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE 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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