ARRY vs. ENLT, VET, CRGY, PARR, EE, HPK, VTLE, DK, XPRO, and NEXT
Should you be buying Array Technologies stock or one of its competitors? The main competitors of Array Technologies include Enlight Renewable Energy (ENLT), Vermilion Energy (VET), Crescent Energy (CRGY), Par Pacific (PARR), Excelerate Energy (EE), HighPeak Energy (HPK), Vital Energy (VTLE), Delek US (DK), Expro Group (XPRO), and NextDecade (NEXT). These companies are all part of the "oils/energy" sector.
Enlight Renewable Energy (NASDAQ:ENLT) and Array Technologies (NASDAQ:ARRY) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, community ranking, profitability, earnings, risk, analyst recommendations and media sentiment.
38.9% of Enlight Renewable Energy shares are owned by institutional investors. 0.3% of Array Technologies shares are owned 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.
Enlight Renewable Energy currently has a consensus price target of $18.50, suggesting a potential upside of 15.63%. Array Technologies has a consensus price target of $20.09, suggesting a potential upside of 62.83%. Given Enlight Renewable Energy's higher probable upside, analysts plainly believe Array Technologies is more favorable than Enlight Renewable Energy.
Enlight Renewable Energy has a net margin of 27.74% compared to Enlight Renewable Energy's net margin of 8.47%. Enlight Renewable Energy's return on equity of 71.66% beat Array Technologies' return on equity.
In the previous week, Enlight Renewable Energy and Enlight Renewable Energy both had 1 articles in the media. Enlight Renewable Energy's average media sentiment score of 0.26 beat Array Technologies' score of 0.00 indicating that Array Technologies is being referred to more favorably in the news media.
Array Technologies has higher revenue and earnings than Enlight Renewable Energy. Array Technologies is trading at a lower price-to-earnings ratio than Enlight Renewable Energy, indicating that it is currently the more affordable of the two stocks.
Array Technologies received 558 more outperform votes than Enlight Renewable Energy when rated by MarketBeat users. However, 76.92% of users gave Enlight Renewable Energy an outperform vote while only 67.14% of users gave Array Technologies an outperform vote.
Enlight Renewable Energy has a beta of 1.84, suggesting that its stock price is 84% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.66, suggesting that its stock price is 66% more volatile than the S&P 500.
Summary
Array Technologies beats Enlight Renewable Energy on 9 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ARRY 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 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.
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