ENPH vs. ASX, QRVO, IPGP, ON, SEDG, EMR, ROP, AME, ROK, and GNRC
Should you be buying Enphase Energy stock or one of its competitors? The main competitors of Enphase Energy include ASE Technology (ASX), Qorvo (QRVO), IPG Photonics (IPGP), Onsemi (ON), SolarEdge Technologies (SEDG), Emerson Electric (EMR), Roper Technologies (ROP), AMETEK (AME), Rockwell Automation (ROK), and Generac (GNRC).
ASE Technology (NYSE:ASX) and Enphase Energy (NASDAQ:ENPH) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, institutional ownership, dividends, valuation, media sentiment, analyst recommendations, community ranking, earnings and risk.
ASE Technology has higher revenue and earnings than Enphase Energy. ASE Technology is trading at a lower price-to-earnings ratio than Enphase Energy, indicating that it is currently the more affordable of the two stocks.
6.8% of ASE Technology shares are held by institutional investors. Comparatively, 72.1% of Enphase Energy shares are held by institutional investors. 22.9% of ASE Technology shares are held by company insiders. Comparatively, 3.4% of Enphase Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
ASE Technology presently has a consensus price target of $7.84, indicating a potential downside of 27.32%. Enphase Energy has a consensus price target of $134.10, indicating a potential upside of 4.85%. Given ASE Technology's higher possible upside, analysts clearly believe Enphase Energy is more favorable than ASE Technology.
In the previous week, Enphase Energy had 23 more articles in the media than ASE Technology. MarketBeat recorded 31 mentions for Enphase Energy and 8 mentions for ASE Technology. ASE Technology's average media sentiment score of 0.59 beat Enphase Energy's score of 0.44 indicating that Enphase Energy is being referred to more favorably in the news media.
Enphase Energy has a net margin of 15.10% compared to Enphase Energy's net margin of 5.41%. ASE Technology's return on equity of 31.89% beat Enphase Energy's return on equity.
ASE Technology has a beta of 1.26, suggesting that its share price is 26% more volatile than the S&P 500. Comparatively, Enphase Energy has a beta of 1.5, suggesting that its share price is 50% more volatile than the S&P 500.
Enphase Energy received 402 more outperform votes than ASE Technology when rated by MarketBeat users. Likewise, 65.20% of users gave Enphase Energy an outperform vote while only 64.35% of users gave ASE Technology an outperform vote.
Summary
Enphase Energy beats ASE Technology on 14 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENPH 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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