Emeren Group (SOL) Competitors

$1.87
+0.04 (+2.19%)
(As of 05/3/2024 ET)

SOL vs. MAXN, TYGO, FTCI, SPWR, FTK, PFIE, VOC, ORGN, LGO, and MVO

Should you be buying Emeren Group stock or one of its competitors? The main competitors of Emeren Group include Maxeon Solar Technologies (MAXN), Tigo Energy (TYGO), FTC Solar (FTCI), SunPower (SPWR), Flotek Industries (FTK), Profire Energy (PFIE), VOC Energy Trust (VOC), Origin Materials (ORGN), Largo (LGO), and MV Oil Trust (MVO). These companies are all part of the "oils/energy" sector.

Emeren Group vs.

Emeren Group (NYSE:SOL) and Maxeon Solar Technologies (NASDAQ:MAXN) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, risk, institutional ownership, valuation, dividends, media sentiment, community ranking and earnings.

Emeren Group has higher earnings, but lower revenue than Maxeon Solar Technologies. Emeren Group is trading at a lower price-to-earnings ratio than Maxeon Solar Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Emeren Group$104.67M1.08-$9.32M-$0.18-10.39
Maxeon Solar Technologies$1.06B0.12-$267.42M-$3.62-0.65

In the previous week, Maxeon Solar Technologies had 1 more articles in the media than Emeren Group. MarketBeat recorded 2 mentions for Maxeon Solar Technologies and 1 mentions for Emeren Group. Emeren Group's average media sentiment score of 1.67 beat Maxeon Solar Technologies' score of 0.42 indicating that Emeren Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Emeren Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Maxeon Solar Technologies
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Emeren Group received 164 more outperform votes than Maxeon Solar Technologies when rated by MarketBeat users. Likewise, 45.73% of users gave Emeren Group an outperform vote while only 39.08% of users gave Maxeon Solar Technologies an outperform vote.

CompanyUnderperformOutperform
Emeren GroupOutperform Votes
198
45.73%
Underperform Votes
235
54.27%
Maxeon Solar TechnologiesOutperform Votes
34
39.08%
Underperform Votes
53
60.92%

44.1% of Emeren Group shares are owned by institutional investors. Comparatively, 47.7% of Maxeon Solar Technologies shares are owned by institutional investors. 18.0% of Emeren Group shares are owned by company insiders. Comparatively, 0.9% of Maxeon Solar Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Emeren Group has a net margin of -8.91% compared to Maxeon Solar Technologies' net margin of -13.56%. Emeren Group's return on equity of 0.26% beat Maxeon Solar Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Emeren Group-8.91% 0.26% 0.21%
Maxeon Solar Technologies -13.56%-115.75%-12.51%

Emeren Group currently has a consensus target price of $5.80, suggesting a potential upside of 210.16%. Maxeon Solar Technologies has a consensus target price of $6.59, suggesting a potential upside of 179.40%. Given Emeren Group's stronger consensus rating and higher probable upside, research analysts plainly believe Emeren Group is more favorable than Maxeon Solar Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Emeren Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.00
Maxeon Solar Technologies
1 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Emeren Group has a beta of 1.8, indicating that its share price is 80% more volatile than the S&P 500. Comparatively, Maxeon Solar Technologies has a beta of 1.62, indicating that its share price is 62% more volatile than the S&P 500.

Summary

Emeren Group beats Maxeon Solar Technologies on 15 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SOL 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 NYSE 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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SOL vs. The Competition

MetricEmeren GroupSemiconductors & related devices IndustryEnergy SectorNYSE Exchange
Market Cap$112.62M$44.41B$8.38B$17.50B
Dividend YieldN/A2.17%11.50%3.53%
P/E Ratio-10.3917.0414.6621.42
Price / Sales1.0815.5534.2110.40
Price / Cash10.7621.5011.3518.05
Price / Book0.295.673.595.52
Net Income-$9.32M$922.68M$993.49M$964.63M
7 Day Performance-1.06%1.99%-0.05%1.74%
1 Month Performance-9.88%-3.73%-2.71%-1.66%
1 Year Performance-53.02%32.28%7.94%103.32%

Emeren Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MAXN
Maxeon Solar Technologies
2.9888 of 5 stars
$1.96
+1.0%
$6.59
+236.4%
-91.0%$105.64M$1.06B-0.545,344Gap Up
TYGO
Tigo Energy
2.2686 of 5 stars
$1.02
+3.0%
$7.05
+591.2%
N/A$61.57M$145.23M0.00176Gap Up
FTCI
FTC Solar
2.0254 of 5 stars
$0.42
+5.0%
$1.49
+258.1%
-78.5%$52.08M$127M-0.97213Upcoming Earnings
Short Interest ↑
News Coverage
SPWR
SunPower
3.98 of 5 stars
$1.96
-8.4%
$4.76
+143.1%
-78.6%$343.71M$1.69B-1.433,480Upcoming Earnings
Gap Up
FTK
Flotek Industries
1.0403 of 5 stars
$3.45
+0.3%
N/A-4.6%$102.04M$188.06M-26.54146Upcoming Earnings
PFIE
Profire Energy
3.3388 of 5 stars
$1.87
+6.3%
$3.50
+87.2%
+59.6%$99.75M$58.21M8.50118Upcoming Earnings
Positive News
VOC
VOC Energy Trust
0 of 5 stars
$6.17
+0.8%
N/A-23.8%$104.04M$16.46M6.862,020Upcoming Earnings
ORGN
Origin Materials
1.8885 of 5 stars
$0.73
+5.8%
$6.00
+725.1%
-71.5%$106.11M$28.81M4.28162News Coverage
Gap Up
LGO
Largo
2.3138 of 5 stars
$1.49
+2.1%
$4.60
+208.7%
-62.7%$95.43M$198.68M-2.92533Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
Gap Down
MVO
MV Oil Trust
0 of 5 stars
$9.55
+0.5%
N/A-5.5%$109.83M$18.07M6.50N/AUpcoming Earnings

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This page (NYSE:SOL) was last updated on 5/5/2024 by MarketBeat.com Staff

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