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Enlight Renewable Energy (ENLT) Competitors

Enlight Renewable Energy logo
$15.98
+0.08 (+0.50%)
(As of 11/1/2024 ET)

ENLT vs. ENLC, ELPC, BEPC, BIPC, CWEN, OGS, UGP, ENIC, AQN, and SR

Should you be buying Enlight Renewable Energy stock or one of its competitors? The main competitors of Enlight Renewable Energy include EnLink Midstream (ENLC), Companhia Paranaense de Energia (ELPC), Brookfield Renewable (BEPC), Brookfield Infrastructure (BIPC), Clearway Energy (CWEN), ONE Gas (OGS), Ultrapar Participações (UGP), Enel Chile (ENIC), Algonquin Power & Utilities (AQN), and Spire (SR). These companies are all part of the "utilities" industry.

Enlight Renewable Energy vs.

EnLink Midstream (NYSE:ENLC) and Enlight Renewable Energy (NASDAQ:ENLT) are both oils/energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their community ranking, risk, profitability, institutional ownership, earnings, valuation, media sentiment, dividends and analyst recommendations.

EnLink Midstream has higher revenue and earnings than Enlight Renewable Energy. Enlight Renewable Energy is trading at a lower price-to-earnings ratio than EnLink Midstream, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EnLink Midstream$6.90B0.98$206.20M$0.3049.00
Enlight Renewable Energy$307.24M6.01$70.92M$0.4535.51

In the previous week, EnLink Midstream had 17 more articles in the media than Enlight Renewable Energy. MarketBeat recorded 20 mentions for EnLink Midstream and 3 mentions for Enlight Renewable Energy. Enlight Renewable Energy's average media sentiment score of 1.18 beat EnLink Midstream's score of 0.26 indicating that Enlight Renewable Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
EnLink Midstream
2 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Enlight Renewable Energy
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

45.9% of EnLink Midstream shares are held by institutional investors. Comparatively, 38.9% of Enlight Renewable Energy shares are held by institutional investors. 0.8% of EnLink Midstream shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

EnLink Midstream received 327 more outperform votes than Enlight Renewable Energy when rated by MarketBeat users. However, 80.00% of users gave Enlight Renewable Energy an outperform vote while only 49.78% of users gave EnLink Midstream an outperform vote.

CompanyUnderperformOutperform
EnLink MidstreamOutperform Votes
339
49.78%
Underperform Votes
342
50.22%
Enlight Renewable EnergyOutperform Votes
12
80.00%
Underperform Votes
3
20.00%

Enlight Renewable Energy has a net margin of 18.61% compared to EnLink Midstream's net margin of 2.15%. EnLink Midstream's return on equity of 8.22% beat Enlight Renewable Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
EnLink Midstream2.15% 8.22% 2.57%
Enlight Renewable Energy 18.61%3.97%1.25%

EnLink Midstream presently has a consensus target price of $15.40, indicating a potential upside of 4.76%. Enlight Renewable Energy has a consensus target price of $18.75, indicating a potential upside of 17.33%. Given Enlight Renewable Energy's stronger consensus rating and higher possible upside, analysts clearly believe Enlight Renewable Energy is more favorable than EnLink Midstream.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EnLink Midstream
0 Sell rating(s)
8 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.36
Enlight Renewable Energy
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.50

EnLink Midstream has a beta of 2.41, suggesting that its stock price is 141% more volatile than the S&P 500. Comparatively, Enlight Renewable Energy has a beta of 1.69, suggesting that its stock price is 69% more volatile than the S&P 500.

Summary

EnLink Midstream beats Enlight Renewable Energy 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 {thisCompany.Symbol} 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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ENLT vs. The Competition

MetricEnlight Renewable EnergyElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.84B$14.34B$8.29B$8.53B
Dividend YieldN/A4.37%11.85%4.14%
P/E Ratio35.5116.2912.4915.09
Price / Sales6.018,449.5768.3396.92
Price / Cash13.548.7811.1834.07
Price / Book1.291.933.785.02
Net Income$70.92M$643.66M$962.59M$225.46M
7 Day Performance1.20%-1.35%-0.12%0.37%
1 Month Performance0.03%2.89%-0.35%3.57%
1 Year Performance11.98%22.64%-2.17%29.43%

Enlight Renewable Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENLT
Enlight Renewable Energy
2.6184 of 5 stars
$15.98
+0.5%
$18.75
+17.3%
+17.2%$1.84B$307.24M35.51100Short Interest ↓
Positive News
ENLC
EnLink Midstream
3.6997 of 5 stars
$14.72
-0.7%
$15.44
+5.0%
+20.5%$6.79B$6.90B49.051,072Upcoming Earnings
Analyst Upgrade
Short Interest ↓
Analyst Revision
News Coverage
ELPC
Companhia Paranaense de Energia
N/A$6.02
+1.2%
N/AN/A$6.44B$22.01B0.005,730Short Interest ↑
News Coverage
BEPC
Brookfield Renewable
3.7352 of 5 stars
$32.55
-2.4%
$32.00
-1.7%
+27.9%$5.85B$4.11B-50.861,890Upcoming Earnings
Short Interest ↓
BIPC
Brookfield Infrastructure
N/A$43.86
+1.5%
N/A+44.5%$5.79B$3.28B30.461,700Positive News
CWEN
Clearway Energy
2.5578 of 5 stars
$26.18
+0.7%
$33.13
+26.5%
+24.8%$5.29B$1.25B34.4560Earnings Report
Dividend Increase
Analyst Revision
News Coverage
OGS
ONE Gas
3.6021 of 5 stars
$73.69
+0.9%
$68.30
-7.3%
+13.9%$4.17B$2.05B18.663,900Upcoming Earnings
Positive News
UGP
Ultrapar Participações
3.9849 of 5 stars
$3.68
+4.0%
$5.20
+41.3%
-16.3%$4.10B$25.25B7.089,729
ENIC
Enel Chile
4.0506 of 5 stars
$2.83
+0.4%
N/A-9.8%$3.91B$4.43T4.562,077Analyst Forecast
News Coverage
AQN
Algonquin Power & Utilities
4.8368 of 5 stars
$5.02
+1.0%
$6.23
+24.1%
-9.9%$3.84B$2.63B31.343,500Upcoming Earnings
News Coverage
SR
Spire
3.4711 of 5 stars
$65.26
+0.7%
$66.19
+1.4%
+10.0%$3.77B$2.61B15.693,589

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This page (NASDAQ:ENLT) was last updated on 11/2/2024 by MarketBeat.com Staff
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