EDN vs. PNM, NEP, PAM, AY, RNW, TAC, ENLT, CEPU, KEN, and HE
Should you be buying Empresa Distribuidora y Comercializadora Norte Sociedad Anónima stock or one of its competitors? The main competitors of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima include PNM Resources (PNM), NextEra Energy Partners (NEP), Pampa Energía (PAM), Atlantica Sustainable Infrastructure (AY), ReNew Energy Global (RNW), TransAlta (TAC), Enlight Renewable Energy (ENLT), Central Puerto (CEPU), Kenon (KEN), and Hawaiian Electric Industries (HE). These companies are all part of the "electric services" industry.
PNM Resources (NYSE:PNM) and Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN) are both utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, earnings, institutional ownership, profitability, media sentiment, dividends and community ranking.
PNM Resources has a beta of 0.35, suggesting that its share price is 65% less volatile than the S&P 500. Comparatively, Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a beta of 1.46, suggesting that its share price is 46% more volatile than the S&P 500.
91.7% of PNM Resources shares are owned by institutional investors. Comparatively, 1.6% of Empresa Distribuidora y Comercializadora Norte Sociedad Anónima shares are owned by institutional investors. 1.4% of PNM Resources shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
In the previous week, PNM Resources had 5 more articles in the media than Empresa Distribuidora y Comercializadora Norte Sociedad Anónima. MarketBeat recorded 7 mentions for PNM Resources and 2 mentions for Empresa Distribuidora y Comercializadora Norte Sociedad Anónima. PNM Resources' average media sentiment score of 0.50 beat Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's score of 0.25 indicating that Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is being referred to more favorably in the news media.
PNM Resources received 152 more outperform votes than Empresa Distribuidora y Comercializadora Norte Sociedad Anónima when rated by MarketBeat users. However, 65.27% of users gave Empresa Distribuidora y Comercializadora Norte Sociedad Anónima an outperform vote while only 60.45% of users gave PNM Resources an outperform vote.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has higher revenue and earnings than PNM Resources. Empresa Distribuidora y Comercializadora Norte Sociedad Anónima is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
PNM Resources presently has a consensus target price of $43.40, indicating a potential upside of 13.20%. Given Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's higher possible upside, research analysts clearly believe PNM Resources is more favorable than Empresa Distribuidora y Comercializadora Norte Sociedad Anónima.
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima has a net margin of 14.11% compared to Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's net margin of 4.38%. PNM Resources' return on equity of 25.90% beat Empresa Distribuidora y Comercializadora Norte Sociedad Anónima's return on equity.
Summary
Empresa Distribuidora y Comercializadora Norte Sociedad Anónima beats PNM Resources on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding EDN 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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