SPRU vs. WAVE, HLGN, OPTT, NEE, SO, CEG, AEP, D, VST, and EIX
Should you be buying Spruce Power stock or one of its competitors? The main competitors of Spruce Power include Eco Wave Power Global AB (publ) (WAVE), Heliogen (HLGN), Ocean Power Technologies (OPTT), NextEra Energy (NEE), Southern (SO), Constellation Energy (CEG), American Electric Power (AEP), Dominion Energy (D), Vistra (VST), and Edison International (EIX). These companies are all part of the "electric services" industry.
Eco Wave Power Global AB (publ) (NASDAQ:WAVE) and Spruce Power (NYSE:SPRU) are both small-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, profitability, earnings, dividends, risk, valuation, analyst recommendations, institutional ownership and media sentiment.
Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Eco Wave Power Global AB (publ)'s net margin of -61.34%. Eco Wave Power Global AB (publ)'s return on equity of -7.07% beat Spruce Power's return on equity.
0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 31.3% of Eco Wave Power Global AB (publ) shares are held by insiders. Comparatively, 9.5% of Spruce Power shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Spruce Power had 2 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 7 mentions for Spruce Power and 5 mentions for Eco Wave Power Global AB (publ). Spruce Power's average media sentiment score of 0.72 beat Eco Wave Power Global AB (publ)'s score of 0.54 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the media.
Eco Wave Power Global AB (publ) has higher earnings, but lower revenue than Spruce Power. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.
Eco Wave Power Global AB (publ) and Spruce Power both received 0 outperform votes by MarketBeat users.
Eco Wave Power Global AB (publ) has a beta of -0.95, indicating that its stock price is 195% less volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.25, indicating that its stock price is 25% more volatile than the S&P 500.
Summary
Spruce Power beats Eco Wave Power Global AB (publ) on 7 of the 13 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SPRU 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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