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Hydro One (H) Competitors

C$40.19
-0.06 (-0.15%)
(As of 01:37 PM ET)

H vs. FTS, EMA, CUP.U, KWH.UN, BIP.UN, BEP.UN, BEPC, BIPC, CU, and NPI

Should you be buying Hydro One stock or one of its competitors? The main competitors of Hydro One include Fortis (FTS), Emera (EMA), Caribbean Utilities (CUP.U), Crius Energy Unt (KWH.UN), Brookfield Infrastructure Partners (BIP.UN), Brookfield Renewable Partners (BEP.UN), Brookfield Renewable (BEPC), Brookfield Infrastructure (BIPC), Canadian Utilities (CU), and Northland Power (NPI). These companies are all part of the "utilities" sector.

Hydro One vs.

Fortis (TSE:FTS) and Hydro One (TSE:H) are both large-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, community ranking, media sentiment, risk, profitability, analyst recommendations and dividends.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FortisC$11.32B2.35C$1.53BC$3.1317.27
Hydro OneC$7.94B3.04C$1.10BC$1.8321.97

Fortis has a beta of 0.18, indicating that its stock price is 82% less volatile than the S&P 500. Comparatively, Hydro One has a beta of 0.29, indicating that its stock price is 71% less volatile than the S&P 500.

Fortis has a net margin of 14.11% compared to Fortis' net margin of 13.81%. Fortis' return on equity of 9.45% beat Hydro One's return on equity.

Company Net Margins Return on Equity Return on Assets
Fortis14.11% 7.38% 3.02%
Hydro One 13.81%9.45%3.53%

In the previous week, Hydro One had 1 more articles in the media than Fortis. MarketBeat recorded 1 mentions for Hydro One and 0 mentions for Fortis. Hydro One's average media sentiment score of 0.00 equaled Fortis'average media sentiment score.

Company Overall Sentiment
Fortis Neutral
Hydro One Neutral

Fortis pays an annual dividend of C$2.36 per share and has a dividend yield of 4.4%. Hydro One pays an annual dividend of C$1.26 per share and has a dividend yield of 3.1%. Fortis pays out 75.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Hydro One pays out 68.9% of its earnings in the form of a dividend.

Fortis presently has a consensus target price of C$57.38, indicating a potential upside of 6.37%. Hydro One has a consensus target price of C$39.83, indicating a potential downside of 0.84%. Given Hydro One's higher possible upside, analysts clearly believe Fortis is more favorable than Hydro One.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Fortis
1 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Hydro One
0 Sell rating(s)
8 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.11

Fortis received 235 more outperform votes than Hydro One when rated by MarketBeat users. Likewise, 67.67% of users gave Fortis an outperform vote while only 64.93% of users gave Hydro One an outperform vote.

CompanyUnderperformOutperform
FortisOutperform Votes
722
67.67%
Underperform Votes
345
32.33%
Hydro OneOutperform Votes
487
64.93%
Underperform Votes
263
35.07%

58.0% of Fortis shares are owned by institutional investors. Comparatively, 21.9% of Hydro One shares are owned by institutional investors. 0.0% of Fortis shares are owned by company insiders. Comparatively, 47.1% of Hydro One shares are owned by company 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

Fortis and Hydro One tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding H and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE 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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H vs. The Competition

MetricHydro OneUtilities IndustryUtilities SectorTSE Exchange
Market CapC$24.10BC$13.51BC$12.53BC$4.03B
Dividend Yield3.13%5.82%4.29%7.18%
P/E Ratio21.97134.2392.1624.66
Price / Sales3.0444.0826.051,567.24
Price / Cash888.33136.2254.1373.87
Price / Book2.041.711.923.46
Net IncomeC$1.10BC$920.77MC$620.25MC$260.25M
7 Day Performance0.88%1.35%2.75%1.80%
1 Month Performance2.00%1.23%3.07%4.34%
1 Year Performance5.70%2.40%1.65%16.51%

Hydro One Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTS
Fortis
0.3554 of 5 stars
0.36 / 5 stars
C$54.24
+1.3%
C$57.38
+5.8%
-5.0%C$26.74BC$11.32B17.339,598
EMA
Emera
1.0609 of 5 stars
1.06 / 5 stars
C$45.56
+0.4%
C$50.78
+11.5%
-14.5%C$13.06BC$7.15B20.437,366Dividend Announcement
CUP.U
Caribbean Utilities
0 of 5 stars
0.00 / 5 stars
C$13.90
-0.1%
C$14.00
+0.7%
+19.1%C$529.45MC$284.86M13.63226Positive News
KWH.UN
Crius Energy Unt
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$498.13MC$1.21B-40.37N/AHigh Trading Volume
BIP.UN
Brookfield Infrastructure Partners
0.2101 of 5 stars
0.21 / 5 stars
C$39.93
+5.0%
C$40.00
+0.2%
-11.7%C$18.43BC$18.90B95.07N/A
BEP.UN
Brookfield Renewable Partners
0.6936 of 5 stars
0.69 / 5 stars
C$35.92
+3.5%
C$40.00
+11.4%
-6.3%C$10.27BC$5.20B-57.02N/APositive News
BEPC
Brookfield Renewable
0 of 5 stars
0.00 / 5 stars
41.46
+2.8%
N/A+0.3%$7.45B$4.62B3.831,890
BIPC
Brookfield Infrastructure
0 of 5 stars
0.00 / 5 stars
47.66
+3.3%
N/A-20.5%$6.29B$2.91B9.271,700
CU
Canadian Utilities
1.1499 of 5 stars
1.15 / 5 stars
C$30.25
+1.6%
C$35.43
+17.1%
-10.9%C$6.19BC$3.76B14.149,018Dividend Announcement
NPI
Northland Power
3.8125 of 5 stars
3.81 / 5 stars
C$23.84
+0.0%
C$31.42
+31.8%
-8.4%C$6.11BC$2.37B-34.061,150Analyst Revision

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This page (TSE:H) was last updated on 7/15/2024 by MarketBeat.com Staff

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