ENVX vs. CAE, NOVT, BE, XCH, FLNC, ATKR, QS, PLUG, ENR, and RUN
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include CAE (CAE), Novanta (NOVT), Bloom Energy (BE), XCHG (XCH), Fluence Energy (FLNC), Atkore (ATKR), QuantumScape (QS), Plug Power (PLUG), Energizer (ENR), and Sunrun (RUN). These companies are all part of the "electrical equipment" industry.
Enovix vs.
CAE (NYSE:CAE) and Enovix (NASDAQ:ENVX) are both aerospace companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, valuation, risk, community ranking, dividends, analyst recommendations, institutional ownership and media sentiment.
In the previous week, CAE and CAE both had 4 articles in the media. Enovix's average media sentiment score of 0.49 beat CAE's score of 0.34 indicating that Enovix is being referred to more favorably in the news media.
CAE has a net margin of -7.49% compared to Enovix's net margin of -1,180.21%. CAE's return on equity of 5.79% beat Enovix's return on equity.
Enovix has lower revenue, but higher earnings than CAE. CAE is trading at a lower price-to-earnings ratio than Enovix, indicating that it is currently the more affordable of the two stocks.
CAE presently has a consensus target price of $25.00, suggesting a potential upside of 3.55%. Enovix has a consensus target price of $20.50, suggesting a potential upside of 91.23%. Given Enovix's stronger consensus rating and higher possible upside, analysts clearly believe Enovix is more favorable than CAE.
CAE received 522 more outperform votes than Enovix when rated by MarketBeat users. However, 64.29% of users gave Enovix an outperform vote while only 62.24% of users gave CAE an outperform vote.
67.4% of CAE shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 18.3% of CAE shares are held by company insiders. Comparatively, 15.7% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
CAE has a beta of 1.72, indicating that its stock price is 72% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500.
Summary
Enovix beats CAE on 10 of the 18 factors compared between the two stocks.
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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.
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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This page (NASDAQ:ENVX) was last updated on 1/21/2025 by MarketBeat.com Staff
