DRX vs. IES, GOOD, ATOM, SAE, PNPL, KIBO, BION, NZI, MAST, and CODX
Should you be buying Drax Group stock or one of its competitors? The main competitors of Drax Group include Invinity Energy Systems (IES), Good Energy Group (GOOD), Atome (ATOM), SIMEC Atlantis Energy (SAE), Pineapple Power (PNPL), Kibo Energy (KIBO), BiON (BION), Net Zero Infrastructure (NZI), MAST Energy Developments (MAST), and Codex Acquisitions (CODX). These companies are all part of the "utilities - renewable" industry.
Drax Group (LON:DRX) and Invinity Energy Systems (LON:IES) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their community ranking, analyst recommendations, institutional ownership, valuation, earnings, risk, media sentiment, dividends and profitability.
Drax Group received 549 more outperform votes than Invinity Energy Systems when rated by MarketBeat users. However, 100.00% of users gave Invinity Energy Systems an outperform vote while only 65.05% of users gave Drax Group an outperform vote.
77.9% of Drax Group shares are owned by institutional investors. Comparatively, 19.5% of Invinity Energy Systems shares are owned by institutional investors. 0.7% of Drax Group shares are owned by insiders. Comparatively, 9.8% of Invinity Energy Systems shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Drax Group has a net margin of 6.92% compared to Invinity Energy Systems' net margin of -124.11%. Drax Group's return on equity of 33.92% beat Invinity Energy Systems' return on equity.
Drax Group has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500. Comparatively, Invinity Energy Systems has a beta of 2.29, suggesting that its share price is 129% more volatile than the S&P 500.
Drax Group presently has a consensus target price of GBX 873.50, suggesting a potential upside of 68.47%. Invinity Energy Systems has a consensus target price of GBX 65, suggesting a potential upside of 195.45%. Given Invinity Energy Systems' stronger consensus rating and higher probable upside, analysts plainly believe Invinity Energy Systems is more favorable than Drax Group.
In the previous week, Invinity Energy Systems had 5 more articles in the media than Drax Group. MarketBeat recorded 6 mentions for Invinity Energy Systems and 1 mentions for Drax Group. Invinity Energy Systems' average media sentiment score of 0.61 beat Drax Group's score of 0.59 indicating that Invinity Energy Systems is being referred to more favorably in the news media.
Drax Group has higher revenue and earnings than Invinity Energy Systems. Invinity Energy Systems is trading at a lower price-to-earnings ratio than Drax Group, indicating that it is currently the more affordable of the two stocks.
Summary
Drax Group beats Invinity Energy Systems on 10 of the 18 factors compared between the two stocks.
Get Drax Group News Delivered to You Automatically
Sign up to receive the latest news and ratings for DRX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding DRX 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 LON 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.
Drax Group Competitors List
Related Companies and Tools
