ENVX vs. CAE, NOVT, ATKR, ENS, FLNC, RUN, QS, SPB, ENR, and SES
Should you be buying Enovix stock or one of its competitors? The main competitors of Enovix include CAE (CAE), Novanta (NOVT), Atkore (ATKR), EnerSys (ENS), Fluence Energy (FLNC), Sunrun (RUN), QuantumScape (QS), Spectrum Brands (SPB), Energizer (ENR), and SES AI (SES). These companies are all part of the "miscellaneous electrical machinery, equipment, & supplies" industry.
CAE (NYSE:CAE) and Enovix (NASDAQ:ENVX) are both aerospace companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, media sentiment, profitability, institutional ownership, earnings, community ranking and risk.
CAE has a net margin of -6.97% compared to CAE's net margin of -1,448.90%. Enovix's return on equity of 5.98% beat CAE's return on equity.
67.4% of CAE shares are owned by institutional investors. Comparatively, 50.9% of Enovix shares are owned by institutional investors. 18.3% of CAE shares are owned by insiders. Comparatively, 17.3% of Enovix shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
CAE has a beta of 1.58, suggesting that its stock price is 58% more volatile than the S&P 500. Comparatively, Enovix has a beta of 1.7, suggesting that its stock price is 70% more volatile than the S&P 500.
In the previous week, CAE had 54 more articles in the media than Enovix. MarketBeat recorded 61 mentions for CAE and 7 mentions for Enovix. CAE's average media sentiment score of 0.72 beat Enovix's score of -0.10 indicating that Enovix is being referred to more favorably in the news media.
CAE received 530 more outperform votes than Enovix when rated by MarketBeat users. Likewise, 62.60% of users gave CAE an outperform vote while only 59.65% of users gave Enovix an outperform vote.
CAE has higher revenue and earnings than Enovix. 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 price target of $34.75, suggesting a potential upside of 87.38%. Enovix has a consensus price target of $18.33, suggesting a potential upside of 63.98%. Given Enovix's higher probable upside, equities research analysts clearly believe CAE is more favorable than Enovix.
Summary
CAE beats Enovix on 12 of the 18 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding ENVX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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