SEDG vs. CREE, IPGP, SHLS, JKS, CSIQ, HCC, BSM, AROC, PFHC, and PAGP
Should you be buying SolarEdge Technologies stock or one of its competitors? The main competitors of SolarEdge Technologies include Cree (CREE), IPG Photonics (IPGP), Shoals Technologies Group (SHLS), JinkoSolar (JKS), Canadian Solar (CSIQ), Warrior Met Coal (HCC), Black Stone Minerals (BSM), Archrock (AROC), ProFrac (PFHC), and Plains GP (PAGP).
Cree (NASDAQ:CREE) and SolarEdge Technologies (NASDAQ:SEDG) are both mid-cap computer and technology companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, community ranking, valuation, analyst recommendations, dividends, risk, profitability, institutional ownership and earnings.
Cree received 309 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 64.96% of users gave Cree an outperform vote while only 63.59% of users gave SolarEdge Technologies an outperform vote.
SolarEdge Technologies has higher revenue and earnings than Cree. Cree is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.
In the previous week, SolarEdge Technologies had 15 more articles in the media than Cree. MarketBeat recorded 27 mentions for SolarEdge Technologies and 12 mentions for Cree. Cree's average media sentiment score of 0.30 beat SolarEdge Technologies' score of 0.29 indicating that SolarEdge Technologies is being referred to more favorably in the news media.
95.1% of SolarEdge Technologies shares are held by institutional investors. 0.4% of Cree shares are held by company insiders. Comparatively, 1.2% of SolarEdge Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Cree has a beta of 1.44, meaning that its share price is 44% more volatile than the S&P 500. Comparatively, SolarEdge Technologies has a beta of 1.53, meaning that its share price is 53% more volatile than the S&P 500.
SolarEdge Technologies has a consensus price target of $93.73, suggesting a potential upside of 77.96%. Given Cree's higher possible upside, analysts clearly believe SolarEdge Technologies is more favorable than Cree.
SolarEdge Technologies has a net margin of 1.15% compared to SolarEdge Technologies' net margin of -83.60%. Cree's return on equity of 5.00% beat SolarEdge Technologies' return on equity.
Summary
SolarEdge Technologies beats Cree on 14 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SEDG 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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