SEDG vs. CREE, IPGP, JKS, SHLS, CSIQ, NEP, AROC, CRK, CVI, and ARLP
Should you be buying SolarEdge Technologies stock or one of its competitors? The main competitors of SolarEdge Technologies include Cree (CREE), IPG Photonics (IPGP), JinkoSolar (JKS), Shoals Technologies Group (SHLS), Canadian Solar (CSIQ), NextEra Energy Partners (NEP), Archrock (AROC), Comstock Resources (CRK), CVR Energy (CVI), and Alliance Resource Partners (ARLP).
SolarEdge Technologies (NASDAQ:SEDG) and Cree (NASDAQ:CREE) are both mid-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, community ranking, profitability, earnings, dividends, institutional ownership, media sentiment, analyst recommendations and risk.
Cree received 308 more outperform votes than SolarEdge Technologies when rated by MarketBeat users. Likewise, 64.96% of users gave Cree an outperform vote while only 63.32% of users gave SolarEdge Technologies an outperform vote.
SolarEdge Technologies currently has a consensus target price of $86.38, indicating a potential upside of 79.74%. Given SolarEdge Technologies' higher probable upside, equities analysts plainly believe SolarEdge Technologies is more favorable than Cree.
SolarEdge Technologies has a net margin of -11.68% compared to Cree's net margin of -83.60%. SolarEdge Technologies' return on equity of -6.43% beat Cree's return on equity.
In the previous week, SolarEdge Technologies had 2 more articles in the media than Cree. MarketBeat recorded 15 mentions for SolarEdge Technologies and 13 mentions for Cree. Cree's average media sentiment score of 0.29 beat SolarEdge Technologies' score of -0.19 indicating that Cree is being referred to more favorably in the news media.
SolarEdge Technologies has a beta of 1.53, indicating that its stock price is 53% more volatile than the S&P 500. Comparatively, Cree has a beta of 1.44, indicating that its stock price is 44% more volatile than the S&P 500.
SolarEdge Technologies has higher revenue and earnings than Cree. Cree is trading at a lower price-to-earnings ratio than SolarEdge Technologies, indicating that it is currently the more affordable of the two stocks.
95.1% of SolarEdge Technologies shares are owned by institutional investors. 0.7% of SolarEdge Technologies shares are owned by insiders. Comparatively, 0.4% of Cree shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Summary
SolarEdge Technologies beats Cree on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SEDG 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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