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Enovix (ENVX) Competitors

Enovix logo
$9.73 +1.70 (+21.17%)
(As of 12/20/2024 05:45 PM ET)

ENVX vs. ENS, FLNC, ATKR, ENR, QS, SPB, RUN, EOSE, BYRN, and MVST

Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include EnerSys (ENS), Fluence Energy (FLNC), Atkore (ATKR), Energizer (ENR), QuantumScape (QS), Spectrum Brands (SPB), Sunrun (RUN), Eos Energy Enterprises (EOSE), Byrna Technologies (BYRN), and Microvast (MVST). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.

Enovix vs.

EnerSys (NYSE:ENS) and Enovix (NASDAQ:ENVX) are both industrial products companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings, media sentiment, institutional ownership and community ranking.

94.9% of EnerSys shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 1.6% of EnerSys shares are held by insiders. Comparatively, 15.7% of Enovix shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

EnerSys received 362 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 70.05% of users gave EnerSys an outperform vote while only 64.29% of users gave Enovix an outperform vote.

CompanyUnderperformOutperform
EnerSysOutperform Votes
407
70.05%
Underperform Votes
174
29.95%
EnovixOutperform Votes
45
64.29%
Underperform Votes
25
35.71%

EnerSys has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.94, suggesting that its stock price is 94% more volatile than the S&P 500.

In the previous week, EnerSys had 2 more articles in the media than Enovix. MarketBeat recorded 16 mentions for EnerSys and 14 mentions for Enovix. EnerSys' average media sentiment score of 1.00 beat Enovix's score of 0.15 indicating that EnerSys is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
EnerSys
10 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Enovix
3 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral

EnerSys presently has a consensus target price of $120.00, suggesting a potential upside of 29.79%. Enovix has a consensus target price of $20.50, suggesting a potential upside of 110.69%. Given Enovix's stronger consensus rating and higher probable upside, analysts plainly believe Enovix is more favorable than EnerSys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EnerSys
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.75
Enovix
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

EnerSys has a net margin of 8.25% compared to Enovix's net margin of -1,180.21%. EnerSys' return on equity of 20.04% beat Enovix's return on equity.

Company Net Margins Return on Equity Return on Assets
EnerSys8.25% 20.04% 9.88%
Enovix -1,180.21%-102.19%-42.53%

EnerSys has higher revenue and earnings than Enovix. Enovix is trading at a lower price-to-earnings ratio than EnerSys, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EnerSys$3.51B1.05$269.10M$7.0613.10
Enovix$20.74M83.50-$214.07M-$1.61-6.04

Summary

EnerSys beats Enovix on 12 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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ENVX vs. The Competition

MetricEnovixelectrical machinery, equipment, & supplies IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.73B$939.43M$8.34B$9.08B
Dividend YieldN/A2.01%11.73%4.23%
P/E Ratio-6.0427.9612.1517.18
Price / Sales83.509.8367.47116.95
Price / CashN/A16.5310.8737.86
Price / Book6.243.863.364.78
Net Income-$214.07M-$72.40M$955.68M$225.60M
7 Day Performance8.35%1.54%-3.45%-1.23%
1 Month Performance6.92%3.50%-5.59%3.36%
1 Year Performance-29.75%1.02%1.57%16.60%

Enovix Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENVX
Enovix
1.9981 of 5 stars
$9.73
+21.2%
$20.50
+110.7%
-27.9%$1.73B$20.74M-6.04560Options Volume
News Coverage
Gap Up
High Trading Volume
ENS
EnerSys
4.7975 of 5 stars
$93.43
+0.2%
$118.00
+26.3%
-6.8%$3.72B$3.51B13.2110,797Analyst Revision
FLNC
Fluence Energy
4.2655 of 5 stars
$16.92
-1.5%
$26.85
+58.7%
-33.9%$3.06B$2.70B132.081,595Analyst Downgrade
ATKR
Atkore
4.671 of 5 stars
$84.44
-0.5%
$118.80
+40.7%
-47.1%$2.95B$3.20B6.695,600Analyst Forecast
Analyst Revision
Positive News
ENR
Energizer
3.5502 of 5 stars
$36.81
+0.2%
$37.63
+2.2%
+12.1%$2.65B$2.89B70.875,600Analyst Downgrade
Positive News
QS
QuantumScape
1.0617 of 5 stars
$4.96
+1.4%
$6.26
+26.2%
-28.7%$2.54BN/A-5.15850Options Volume
SPB
Spectrum Brands
3.6123 of 5 stars
$90.27
-0.2%
$102.38
+13.4%
+7.2%$2.53B$2.96B22.223,100Positive News
RUN
Sunrun
4.3151 of 5 stars
$10.01
-1.1%
$19.28
+92.6%
-45.6%$2.25B$2.26B-5.5610,833Analyst Forecast
Insider Trade
News Coverage
EOSE
Eos Energy Enterprises
0.5335 of 5 stars
$4.01
+17.9%
$3.90
-2.7%
+315.5%$873.83M$14.96M-1.51250Options Volume
News Coverage
Gap Down
High Trading Volume
BYRN
Byrna Technologies
1.6797 of 5 stars
$25.80
+4.6%
$17.75
-31.2%
+339.9%$587.21M$42.64M286.03150Gap Down
MVST
Microvast
2.9726 of 5 stars
$1.23
-3.2%
$3.33
+171.2%
+30.8%$397.94M$306.62M-3.342,006Options Volume
News Coverage

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This page (NASDAQ:ENVX) was last updated on 12/21/2024 by MarketBeat.com Staff
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