ENVX vs. RUN, FLNC, SHLS, KRP, WKC, RES, GEL, GLP, CEPU, and JKS
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Sunrun (RUN), Fluence Energy (FLNC), Shoals Technologies Group (SHLS), Kimbell Royalty Partners (KRP), World Kinect (WKC), RPC (RES), Genesis Energy (GEL), Global Partners (GLP), Central Puerto (CEPU), and JinkoSolar (JKS). These companies are all part of the "oils/energy" sector.
Sunrun (NASDAQ:RUN) and Enovix (NASDAQ:ENVX) are both oils/energy companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, dividends, risk, media sentiment and community ranking.
91.7% of Sunrun shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 3.8% of Sunrun shares are held by insiders. Comparatively, 17.3% of Enovix shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Sunrun has a beta of 2.5, suggesting that its stock price is 150% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.7, suggesting that its stock price is 70% more volatile than the S&P 500.
Enovix has lower revenue, but higher earnings than Sunrun. Enovix is trading at a lower price-to-earnings ratio than Sunrun, indicating that it is currently the more affordable of the two stocks.
Sunrun has a net margin of -68.22% compared to Sunrun's net margin of -1,448.90%. Enovix's return on equity of -3.58% beat Sunrun's return on equity.
Sunrun received 566 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 68.81% of users gave Sunrun an outperform vote while only 59.65% of users gave Enovix an outperform vote.
In the previous week, Sunrun had 20 more articles in the media than Enovix. MarketBeat recorded 27 mentions for Sunrun and 7 mentions for Enovix. Sunrun's average media sentiment score of 0.83 beat Enovix's score of 0.41 indicating that Enovix is being referred to more favorably in the news media.
Sunrun currently has a consensus price target of $21.21, indicating a potential upside of 88.37%. Enovix has a consensus price target of $18.33, indicating a potential upside of 115.43%. Given Sunrun's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than Sunrun.
Summary
Sunrun beats Enovix on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENVX 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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