Enovix (ENVX) Competitors

Regal Rexnord (NYSE:RRX) and Enovix (NASDAQ:ENVX) are both mid-cap electrical equipment companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, dividends, media sentiment, institutional ownership, profitability, valuation and earnings.

Do analysts prefer RRX or ENVX?

Regal Rexnord currently has a consensus target price of $185.25, suggesting a potential upside of 27.13%. Enovix has a consensus target price of $17.55, suggesting a potential upside of 17.17%. Given Regal Rexnord's stronger consensus rating and higher possible upside, equities analysts plainly believe Regal Rexnord is more favorable than Enovix.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Regal Rexnord	0 Sell rating(s)	0 Hold rating(s)	8 Buy rating(s)	0 Strong Buy rating(s)	3.00
Enovix	0 Sell rating(s)	4 Hold rating(s)	8 Buy rating(s)	0 Strong Buy rating(s)	2.67

Which has more volatility and risk, RRX or ENVX?

Regal Rexnord has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500. Comparatively, Enovix has a beta of 2.09, meaning that its stock price is 109% more volatile than the S&P 500.

Does the media prefer RRX or ENVX?

In the previous week, Enovix had 12 more articles in the media than Regal Rexnord. MarketBeat recorded 22 mentions for Enovix and 10 mentions for Regal Rexnord. Regal Rexnord's average media sentiment score of 1.02 beat Enovix's score of 0.75 indicating that Regal Rexnord is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Regal Rexnord	8 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Enovix	5 Very Positive mention(s)	5 Positive mention(s)	8 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has preferable earnings and valuation, RRX or ENVX?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Regal Rexnord	$6.03B	1.60	$196.20M	$3.51	41.52
Enovix	$23.07M	124.62	-$222.24M	-$1.29	-11.61

Is RRX or ENVX more profitable?

Regal Rexnord has a net margin of 3.96% compared to Enovix's net margin of -870.67%. Regal Rexnord's return on equity of 9.67% beat Enovix's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Regal Rexnord	3.96%	9.67%	4.32%
Enovix	-870.67%	-78.11%	-33.04%

Do insiders and institutionals hold more shares of RRX or ENVX?

99.7% of Regal Rexnord shares are held by institutional investors. Comparatively, 50.9% of Enovix shares are held by institutional investors. 0.8% of Regal Rexnord shares are held by company insiders. Comparatively, 15.7% of Enovix shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Regal Rexnord beats Enovix on 11 of the 15 factors compared between the two stocks.