ELBM vs. NEOV, ELVA, 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 NeoVolta (NEOV), Electrovaya (ELVA), 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.
NeoVolta (NASDAQ:NEOV) and Electra Battery Materials (NASDAQ:ELBM) are both small-cap oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, institutional ownership, earnings, risk, dividends, valuation, analyst recommendations, community ranking and media sentiment.
Electra Battery Materials has a net margin of 0.00% compared to Electra Battery Materials' net margin of -68.01%. NeoVolta's return on equity of -16.87% beat Electra Battery Materials' return on equity.
In the previous week, Electra Battery Materials had 5 more articles in the media than NeoVolta. MarketBeat recorded 7 mentions for Electra Battery Materials and 2 mentions for NeoVolta. Electra Battery Materials' average media sentiment score of 1.63 beat NeoVolta's score of 0.35 indicating that NeoVolta is being referred to more favorably in the media.
5.1% of NeoVolta shares are owned by institutional investors. Comparatively, 32.9% of Electra Battery Materials shares are owned by institutional investors. 15.0% of NeoVolta shares are owned by company insiders. Comparatively, 22.7% of Electra Battery Materials shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Electra Battery Materials has a consensus target price of $1.83, suggesting a potential upside of 305.56%. Given NeoVolta's higher probable upside, analysts plainly believe Electra Battery Materials is more favorable than NeoVolta.
Electra Battery Materials received 4 more outperform votes than NeoVolta when rated by MarketBeat users. Likewise, 62.50% of users gave Electra Battery Materials an outperform vote while only 33.33% of users gave NeoVolta an outperform vote.
NeoVolta has a beta of -2.2, suggesting that its share price is 320% less volatile than the S&P 500. Comparatively, Electra Battery Materials has a beta of 2.57, suggesting that its share price is 157% more volatile than the S&P 500.
NeoVolta has higher revenue and earnings than Electra Battery Materials. NeoVolta is trading at a lower price-to-earnings ratio than Electra Battery Materials, indicating that it is currently the more affordable of the two stocks.
Summary
Electra Battery Materials beats NeoVolta on 12 of the 16 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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