CSIQ vs. DQ, MXL, AMBA, XPER, KLIC, FORM, POWI, TSEM, SLAB, and IPGP
Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include Daqo New Energy (DQ), MaxLinear (MXL), Ambarella (AMBA), Xperi (XPER), Kulicke and Soffa Industries (KLIC), FormFactor (FORM), Power Integrations (POWI), Tower Semiconductor (TSEM), Silicon Laboratories (SLAB), and IPG Photonics (IPGP).
Canadian Solar (NASDAQ:CSIQ) and Daqo New Energy (NYSE:DQ) are both small-cap oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their dividends, community ranking, analyst recommendations, earnings, media sentiment, risk, institutional ownership, valuation and profitability.
Canadian Solar received 184 more outperform votes than Daqo New Energy when rated by MarketBeat users. However, 66.60% of users gave Daqo New Energy an outperform vote while only 59.16% of users gave Canadian Solar an outperform vote.
In the previous week, Canadian Solar had 3 more articles in the media than Daqo New Energy. MarketBeat recorded 14 mentions for Canadian Solar and 11 mentions for Daqo New Energy. Daqo New Energy's average media sentiment score of 1.33 beat Canadian Solar's score of 0.49 indicating that Daqo New Energy is being referred to more favorably in the news media.
52.4% of Canadian Solar shares are owned by institutional investors. Comparatively, 47.2% of Daqo New Energy shares are owned by institutional investors. 21.5% of Canadian Solar shares are owned by company insiders. Comparatively, 24.3% of Daqo New Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Canadian Solar has a beta of 1.29, suggesting that its share price is 29% more volatile than the S&P 500. Comparatively, Daqo New Energy has a beta of 0.32, suggesting that its share price is 68% less volatile than the S&P 500.
Daqo New Energy has a net margin of 7.84% compared to Canadian Solar's net margin of 2.80%. Canadian Solar's return on equity of 5.61% beat Daqo New Energy's return on equity.
Daqo New Energy has lower revenue, but higher earnings than Canadian Solar. Canadian Solar is trading at a lower price-to-earnings ratio than Daqo New Energy, indicating that it is currently the more affordable of the two stocks.
Canadian Solar currently has a consensus price target of $29.00, indicating a potential upside of 47.13%. Daqo New Energy has a consensus price target of $27.63, indicating a potential upside of 28.49%. Given Canadian Solar's stronger consensus rating and higher possible upside, equities research analysts plainly believe Canadian Solar is more favorable than Daqo New Energy.
Summary
Canadian Solar beats Daqo New Energy on 10 of the 18 factors compared between the two stocks.
Get Canadian Solar News Delivered to You Automatically
Sign up to receive the latest news and ratings for CSIQ and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding CSIQ 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.
Canadian Solar Competitors List
Related Companies and Tools
