SXI vs. LCFS, PIF, ARR, INE, BLX, NPI, AQN, BEPC, MXG, and CUP.U
Should you be buying Synex Renewable Energy stock or one of its competitors? The main competitors of Synex Renewable Energy include Tidewater Renewables (LCFS), Polaris Renewable Energy (PIF), Altius Renewable Royalties (ARR), Innergex Renewable Energy (INE), Boralex (BLX), Northland Power (NPI), Algonquin Power & Utilities (AQN), Brookfield Renewable (BEPC), Maxim Power (MXG), and Caribbean Utilities (CUP.U). These companies are all part of the "utilities" sector.
Synex Renewable Energy (TSE:SXI) and Tidewater Renewables (TSE:LCFS) are both small-cap utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, institutional ownership, media sentiment, community ranking, dividends, risk and profitability.
Synex Renewable Energy has a beta of 0.43, suggesting that its share price is 57% less volatile than the S&P 500. Comparatively, Tidewater Renewables has a beta of 1.44, suggesting that its share price is 44% more volatile than the S&P 500.
Synex Renewable Energy received 53 more outperform votes than Tidewater Renewables when rated by MarketBeat users. Likewise, 58.41% of users gave Synex Renewable Energy an outperform vote while only 35.14% of users gave Tidewater Renewables an outperform vote.
Synex Renewable Energy has a net margin of -40.37% compared to Tidewater Renewables' net margin of -41.99%. Tidewater Renewables' return on equity of -7.72% beat Synex Renewable Energy's return on equity.
Synex Renewable Energy has higher earnings, but lower revenue than Tidewater Renewables. Synex Renewable Energy is trading at a lower price-to-earnings ratio than Tidewater Renewables, indicating that it is currently the more affordable of the two stocks.
In the previous week, Tidewater Renewables had 2 more articles in the media than Synex Renewable Energy. MarketBeat recorded 3 mentions for Tidewater Renewables and 1 mentions for Synex Renewable Energy. Synex Renewable Energy's average media sentiment score of 1.08 beat Tidewater Renewables' score of 0.24 indicating that Synex Renewable Energy is being referred to more favorably in the media.
8.0% of Tidewater Renewables shares are owned by institutional investors. 70.3% of Synex Renewable Energy shares are owned by insiders. Comparatively, 69.0% of Tidewater Renewables shares are owned 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.
Tidewater Renewables has a consensus target price of C$12.31, suggesting a potential upside of 55.85%. Given Tidewater Renewables' higher probable upside, analysts clearly believe Tidewater Renewables is more favorable than Synex Renewable Energy.
Summary
Synex Renewable Energy beats Tidewater Renewables 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 SXI 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 TSE 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.
Synex Renewable Energy Competitors List
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