GWH vs. ELVA, CBAT, ULBI, DFLI, STEM, FLUX, NVX, SES, REKR, and LTRX
Should you be buying ESS Tech stock or one of its competitors? The main competitors of ESS Tech include Electrovaya (ELVA), CBAK Energy Technology (CBAT), Ultralife (ULBI), Dragonfly Energy (DFLI), Stem (STEM), Flux Power (FLUX), NOVONIX (NVX), SES AI (SES), Rekor Systems (REKR), and Lantronix (LTRX). These companies are all part of the "computer and technology" sector.
Electrovaya (NASDAQ:ELVA) and ESS Tech (NYSE:GWH) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, risk, community ranking, dividends, earnings, institutional ownership, analyst recommendations, valuation and media sentiment.
Electrovaya has higher revenue and earnings than ESS Tech.
Electrovaya has a net margin of -0.44% compared to Electrovaya's net margin of -746.89%. ESS Tech's return on equity of -2.83% beat Electrovaya's return on equity.
22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 46.8% of ESS Tech shares are owned by institutional investors. 1.8% of ESS Tech shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
ESS Tech received 3 more outperform votes than Electrovaya when rated by MarketBeat users. However, 100.00% of users gave Electrovaya an outperform vote while only 35.29% of users gave ESS Tech an outperform vote.
In the previous week, Electrovaya had 30 more articles in the media than ESS Tech. MarketBeat recorded 32 mentions for Electrovaya and 2 mentions for ESS Tech. Electrovaya's average media sentiment score of 0.33 beat ESS Tech's score of -0.32 indicating that ESS Tech is being referred to more favorably in the news media.
Electrovaya presently has a consensus price target of $11.00, suggesting a potential upside of 267.89%. ESS Tech has a consensus price target of $2.11, suggesting a potential upside of 170.30%. Given ESS Tech's stronger consensus rating and higher possible upside, equities analysts clearly believe Electrovaya is more favorable than ESS Tech.
Summary
Electrovaya beats ESS Tech on 10 of the 15 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GWH 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 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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