Enovix (ENVX) Competitors

$10.04
+0.85 (+9.25%)
(As of 05/17/2024 ET)

ENVX vs. RUN, FLNC, PARR, DKL, GEL, AMRC, HLX, DK, CEPU, and KRP

Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include Sunrun (RUN), Fluence Energy (FLNC), Par Pacific (PARR), Delek Logistics Partners (DKL), Genesis Energy (GEL), Ameresco (AMRC), Helix Energy Solutions Group (HLX), Delek US (DK), Central Puerto (CEPU), and Kimbell Royalty Partners (KRP). These companies are all part of the "oils/energy" sector.

Enovix vs.

Sunrun (NASDAQ:RUN) and Enovix (NASDAQ:ENVX) are both oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, analyst recommendations, media sentiment, community ranking and dividends.

Sunrun received 566 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 68.81% of users gave Sunrun an outperform vote while only 59.65% of users gave Enovix an outperform vote.

CompanyUnderperformOutperform
SunrunOutperform Votes
600
68.81%
Underperform Votes
272
31.19%
EnovixOutperform Votes
34
59.65%
Underperform Votes
23
40.35%

Enovix has lower revenue, but higher earnings than Sunrun. Enovix is trading at a lower price-to-earnings ratio than Sunrun, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sunrun$2.26B1.17-$1.60B-$6.67-1.78
Enovix$7.64M223.40-$214.07M-$1.34-7.49

Sunrun currently has a consensus target price of $21.21, suggesting a potential upside of 78.39%. Enovix has a consensus target price of $18.33, suggesting a potential upside of 82.60%. Given Sunrun's stronger consensus rating and higher possible upside, analysts plainly believe Enovix is more favorable than Sunrun.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sunrun
0 Sell rating(s)
7 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.65
Enovix
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Sunrun has a net margin of -68.22% compared to Sunrun's net margin of -1,448.90%. Enovix's return on equity of -3.58% beat Sunrun's return on equity.

Company Net Margins Return on Equity Return on Assets
Sunrun-68.22% -3.58% -1.15%
Enovix -1,448.90%-85.47%-39.81%

In the previous week, Sunrun had 7 more articles in the media than Enovix. MarketBeat recorded 16 mentions for Sunrun and 9 mentions for Enovix. Sunrun's average media sentiment score of 0.68 beat Enovix's score of 0.66 indicating that Enovix is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Sunrun
6 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Enovix
2 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

91.7% of Sunrun shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 3.8% of Sunrun shares are owned by company insiders. Comparatively, 17.3% of Enovix shares are owned by company 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.

Sunrun has a beta of 2.5, suggesting that its stock price is 150% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.7, suggesting that its stock price is 70% more volatile than the S&P 500.

Summary

Sunrun beats Enovix on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ENVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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ENVX vs. The Competition

MetricEnovixelectrical machinery, equipment, & supplies IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.56B$1.08B$8.31B$7.97B
Dividend YieldN/A1.86%11.65%3.91%
P/E Ratio-7.494.5314.0214.17
Price / Sales223.4012.2849.5077.54
Price / CashN/A11.2011.3231.98
Price / Book7.333.532.914.77
Net Income-$214.07M-$12.22M$987.46M$217.01M
7 Day Performance17.98%71.36%1.73%2.90%
1 Month Performance67.05%48.97%4.25%6.58%
1 Year Performance-16.89%-1.75%6.73%10.15%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RUN
Sunrun
4.7047 of 5 stars
$12.27
+6.5%
$21.21
+72.9%
-26.7%$2.72B$2.13B-1.8410,833Gap Up
FLNC
Fluence Energy
3.7172 of 5 stars
$18.44
+5.9%
$29.06
+57.6%
-22.1%$3.29B$2.22B-47.281,112Gap Up
PARR
Par Pacific
2.8999 of 5 stars
$28.36
-1.0%
$39.25
+38.4%
+33.4%$1.64B$8.23B3.551,814Analyst Forecast
DKL
Delek Logistics Partners
2.7073 of 5 stars
$38.95
+1.0%
$45.33
+16.4%
-9.5%$1.70B$1.03B14.062,020
GEL
Genesis Energy
1.791 of 5 stars
$12.91
+2.1%
$15.00
+16.2%
+27.9%$1.58B$3.18B37.972,137Negative News
AMRC
Ameresco
4.9518 of 5 stars
$29.97
+4.9%
$40.42
+34.9%
-38.3%$1.57B$1.37B27.251,503Analyst Forecast
HLX
Helix Energy Solutions Group
4.7177 of 5 stars
$11.56
+1.8%
$14.67
+26.9%
+74.6%$1.76B$1.29B-55.022,531Short Interest ↓
News Coverage
DK
Delek US
1.3163 of 5 stars
$27.80
+1.1%
$28.89
+3.9%
+29.5%$1.78B$16.92B-22.423,591Analyst Forecast
Short Interest ↓
CEPU
Central Puerto
2.1389 of 5 stars
$10.12
+1.5%
$8.00
-20.9%
+65.2%$1.53B$313.57B4.271,181
KRP
Kimbell Royalty Partners
3.8065 of 5 stars
$16.01
+1.5%
$21.00
+31.2%
+6.8%$1.53B$303.26M26.682,020

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This page (NASDAQ:ENVX) was last updated on 5/18/2024 by MarketBeat.com Staff

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