IREN vs. SMLP, UROY, NGS, MTRX, OIS, WTI, FF, FREY, FET, and RNGR
Should you be buying Iris Energy stock or one of its competitors? The main competitors of Iris Energy include Summit Midstream Partners (SMLP), Uranium Royalty (UROY), Natural Gas Services Group (NGS), Matrix Service (MTRX), Oil States International (OIS), W&T Offshore (WTI), FutureFuel (FF), FREYR Battery (FREY), Forum Energy Technologies (FET), and Ranger Energy Services (RNGR). These companies are all part of the "oils/energy" sector.
Summit Midstream Partners (NYSE:SMLP) and Iris Energy (NASDAQ:IREN) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, analyst recommendations, dividends, profitability, media sentiment, risk, earnings and valuation.
Summit Midstream Partners has a net margin of 23.24% compared to Summit Midstream Partners' net margin of 0.00%. Iris Energy's return on equity of 26.81% beat Summit Midstream Partners' return on equity.
Summit Midstream Partners has higher revenue and earnings than Iris Energy.
Summit Midstream Partners has a beta of 2.32, indicating that its stock price is 132% more volatile than the S&P 500. Comparatively, Iris Energy has a beta of 3.05, indicating that its stock price is 205% more volatile than the S&P 500.
Iris Energy has a consensus price target of $12.00, suggesting a potential upside of 134.83%. Given Summit Midstream Partners' higher possible upside, analysts plainly believe Iris Energy is more favorable than Summit Midstream Partners.
43.0% of Summit Midstream Partners shares are held by institutional investors. Comparatively, 41.1% of Iris Energy shares are held by institutional investors. 5.3% of Summit Midstream Partners shares are held by insiders. Comparatively, 21.5% of Iris Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
In the previous week, Iris Energy had 2 more articles in the media than Summit Midstream Partners. MarketBeat recorded 8 mentions for Iris Energy and 6 mentions for Summit Midstream Partners. Summit Midstream Partners' average media sentiment score of 0.53 beat Iris Energy's score of 0.51 indicating that Iris Energy is being referred to more favorably in the news media.
Summit Midstream Partners received 500 more outperform votes than Iris Energy when rated by MarketBeat users. However, 71.43% of users gave Iris Energy an outperform vote while only 69.95% of users gave Summit Midstream Partners an outperform vote.
Summary
Iris Energy beats Summit Midstream Partners on 8 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding IREN 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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