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.
Iris Energy (NASDAQ:IREN) and Summit Midstream Partners (NYSE:SMLP) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, risk, media sentiment, community ranking, dividends, valuation and earnings.
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.
Summit Midstream Partners has a net margin of 23.24% compared to Iris Energy's net margin of 0.00%. Summit Midstream Partners' return on equity of 25.67% beat Iris Energy's return on equity.
41.1% of Iris Energy shares are owned by institutional investors. Comparatively, 43.0% of Summit Midstream Partners shares are owned by institutional investors. 21.6% of Iris Energy shares are owned by insiders. Comparatively, 5.3% of Summit Midstream Partners shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Iris Energy presently has a consensus target price of $12.00, suggesting a potential upside of 150.52%. Given Iris Energy's higher probable upside, equities research analysts plainly believe Iris Energy is more favorable than Summit Midstream Partners.
In the previous week, Iris Energy had 6 more articles in the media than Summit Midstream Partners. MarketBeat recorded 9 mentions for Iris Energy and 3 mentions for Summit Midstream Partners. Summit Midstream Partners' average media sentiment score of 0.72 beat Iris Energy's score of 0.63 indicating that Summit Midstream Partners is being referred to more favorably in the news media.
Summit Midstream Partners has higher revenue and earnings than Iris Energy.
Iris Energy has a beta of 3.05, meaning that its share price is 205% more volatile than the S&P 500. Comparatively, Summit Midstream Partners has a beta of 2.32, meaning that its share price is 132% more volatile than the S&P 500.
Summary
Summit Midstream Partners beats Iris Energy 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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