ELBM vs. ELVA, NEOV, DFLI, FLUX, EPOW, XPON, ADN, POLA, ELIQ, and CAE
Should you be buying Electra Battery Materials stock or one of its competitors? The main competitors of Electra Battery Materials include Electrovaya (ELVA), NeoVolta (NEOV), Dragonfly Energy (DFLI), Flux Power (FLUX), Sunrise New Energy (EPOW), Expion360 (XPON), Advent Technologies (ADN), Polar Power (POLA), Electriq Power (ELIQ), and CAE (CAE). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.
Electrovaya (NASDAQ:ELVA) and Electra Battery Materials (NASDAQ:ELBM) are both small-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, community ranking, media sentiment, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.
Electra Battery Materials has a net margin of 0.00% compared to Electra Battery Materials' net margin of -0.44%. Electra Battery Materials' return on equity of -2.83% beat Electrovaya's return on equity.
22.5% of Electrovaya shares are owned by institutional investors. Comparatively, 32.9% of Electra Battery Materials shares are owned by institutional investors. 22.7% of Electra Battery Materials shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Electrovaya presently has a consensus price target of $11.00, indicating a potential upside of 285.96%. Electra Battery Materials has a consensus price target of $1.83, indicating a potential upside of 288.30%. Given Electrovaya's higher probable upside, analysts clearly believe Electra Battery Materials is more favorable than Electrovaya.
In the previous week, Electrovaya and Electrovaya both had 5 articles in the media. Electra Battery Materials' average media sentiment score of 0.56 beat Electrovaya's score of -0.03 indicating that Electrovaya is being referred to more favorably in the media.
Electrovaya has higher revenue and earnings than Electra Battery Materials.
Electrovaya received 4 more outperform votes than Electra Battery Materials when rated by MarketBeat users. Likewise, 100.00% of users gave Electrovaya an outperform vote while only 62.50% of users gave Electra Battery Materials an outperform vote.
Summary
Electrovaya beats Electra Battery Materials on 8 of the 12 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ELBM 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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