Free Trial

Alternus Clean Energy (ALCE) Competitors

Alternus Clean Energy logo
$1.36 -0.07 (-4.90%)
(As of 11/22/2024 ET)

ALCE vs. OPTT, VVPR, CDZIP, CWEN.A, CIG.C, RNWWW, TVE, VIASP, CEG, and EPD

Should you be buying Alternus Clean Energy stock or one of its competitors? The main competitors of Alternus Clean Energy include Ocean Power Technologies (OPTT), VivoPower International (VVPR), Cadiz (CDZIP), Clearway Energy (CWEN.A), COMPANHIA ENERG/S (CIG.C), ReNew Energy Global (RNWWW), Tennessee Valley Authority PARRS A 2029 (TVE), Via Renewables (VIASP), Constellation Energy (CEG), and Enterprise Products Partners (EPD). These companies are all part of the "utilities" industry.

Alternus Clean Energy vs.

Alternus Clean Energy (NASDAQ:ALCE) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, valuation, earnings, community ranking, profitability, media sentiment, analyst recommendations, risk and institutional ownership.

Alternus Clean Energy has a net margin of 0.00% compared to Ocean Power Technologies' net margin of -448.27%. Alternus Clean Energy's return on equity of 0.00% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Alternus Clean EnergyN/A N/A N/A
Ocean Power Technologies -448.27%-101.04%-75.41%

Alternus Clean Energy has a beta of -0.53, suggesting that its share price is 153% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.18, suggesting that its share price is 118% more volatile than the S&P 500.

Ocean Power Technologies received 209 more outperform votes than Alternus Clean Energy when rated by MarketBeat users.

CompanyUnderperformOutperform
Alternus Clean EnergyN/AN/A
Ocean Power TechnologiesOutperform Votes
209
74.38%
Underperform Votes
72
25.62%

In the previous week, Alternus Clean Energy and Alternus Clean Energy both had 1 articles in the media. Ocean Power Technologies' average media sentiment score of 1.45 beat Alternus Clean Energy's score of 1.09 indicating that Ocean Power Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Alternus Clean Energy
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ocean Power Technologies
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

11.9% of Ocean Power Technologies shares are held by institutional investors. 0.1% of Alternus Clean Energy shares are held by company insiders. Comparatively, 1.4% of Ocean Power Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Ocean Power Technologies has lower revenue, but higher earnings than Alternus Clean Energy.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alternus Clean Energy$17.36M0.27-$69.46MN/AN/A
Ocean Power Technologies$5.53M2.76-$27.48M-$0.40-0.39

Summary

Ocean Power Technologies beats Alternus Clean Energy on 7 of the 11 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

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.
Skip Chart

ALCE vs. The Competition

MetricAlternus Clean EnergyElectric & other services combined IndustryEnergy SectorNASDAQ Exchange
Market Cap$4.72M$21.18B$8.78B$8.84B
Dividend YieldN/A3.42%11.51%4.09%
P/E RatioN/A21.0913.4517.83
Price / Sales0.272.27121.52158.41
Price / CashN/A8.7311.7336.29
Price / Book-0.061.813.496.50
Net Income-$69.46M$896.09M$949.80M$226.22M
7 Day Performance-22.28%2.65%3.94%4.03%
1 Month Performance-50.55%-1.81%6.39%4.92%
1 Year PerformanceN/A8.63%7.59%29.30%

Alternus Clean Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ALCE
Alternus Clean Energy
N/A$1.36
-4.9%
N/AN/A$4.72M$17.36M0.00N/AUpcoming Earnings
Positive News
Gap Down
High Trading Volume
OPTT
Ocean Power Technologies
N/A$0.16
+6.2%
N/A-49.7%$16.02M$5.53M-0.3850Positive News
Gap Up
VVPR
VivoPower International
0.7829 of 5 stars
$0.90
+0.5%
N/A-51.6%$4.01M$15.06M0.00240News Coverage
CDZIP
Cadiz
N/A$16.16
-0.2%
N/A+2.1%$0.00$5.54M0.0010
CWEN.A
Clearway Energy
N/A$26.65
+1.4%
N/A+24.6%$0.00N/A0.0060High Trading Volume
CIG.C
COMPANHIA ENERG/S
N/A$2.50
+0.4%
N/A-28.4%$0.00$37.75B0.805,020
RNWWW
ReNew Energy Global
N/A$0.28
+48.2%
N/A-58.8%$0.00$82.88B0.001,680
TVE
Tennessee Valley Authority PARRS A 2029
N/A$22.33
-0.4%
N/A+5.3%$0.00N/A0.0010,400
VIASP
Via Renewables
N/A$22.30
-0.2%
N/A+14.9%$0.00$417.40M0.00170
CEG
Constellation Energy
3.9423 of 5 stars
$249.60
-0.9%
$280.36
+12.3%
+102.8%$78.07B$24.92B27.4213,871Analyst Forecast
EPD
Enterprise Products Partners
3.1134 of 5 stars
$32.63
+0.9%
$34.00
+4.2%
+22.9%$70.73B$49.72B12.187,500Positive News

Related Companies and Tools


This page (NASDAQ:ALCE) was last updated on 11/23/2024 by MarketBeat.com Staff
From Our Partners