NFE vs. UGP, NFG, NJR, OGS, SR, EE, NWN, SLNG, ATO, and CQP
Should you be buying New Fortress Energy stock or one of its competitors? The main competitors of New Fortress Energy include Ultrapar Participações (UGP), National Fuel Gas (NFG), New Jersey Resources (NJR), ONE Gas (OGS), Spire (SR), Excelerate Energy (EE), Northwest Natural (NWN), Stabilis Solutions (SLNG), Atmos Energy (ATO), and Cheniere Energy Partners (CQP). These companies are all part of the "natural gas distribution" industry.
Ultrapar Participações (NYSE:UGP) and New Fortress Energy (NASDAQ:NFE) are both mid-cap oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, community ranking, earnings, dividends, risk, profitability, media sentiment, analyst recommendations and institutional ownership.
New Fortress Energy has a net margin of 17.90% compared to New Fortress Energy's net margin of 2.07%. Ultrapar Participações' return on equity of 31.34% beat New Fortress Energy's return on equity.
Ultrapar Participações currently has a consensus price target of $4.37, suggesting a potential downside of 9.97%. New Fortress Energy has a consensus price target of $38.00, suggesting a potential upside of 42.22%. Given Ultrapar Participações' stronger consensus rating and higher possible upside, analysts plainly believe New Fortress Energy is more favorable than Ultrapar Participações.
Ultrapar Participações received 205 more outperform votes than New Fortress Energy when rated by MarketBeat users. Likewise, 61.72% of users gave Ultrapar Participações an outperform vote while only 55.22% of users gave New Fortress Energy an outperform vote.
3.6% of Ultrapar Participações shares are held by institutional investors. Comparatively, 58.6% of New Fortress Energy shares are held by institutional investors. 1.8% of Ultrapar Participações shares are held by insiders. Comparatively, 37.1% of New Fortress Energy shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
New Fortress Energy has lower revenue, but higher earnings than Ultrapar Participações. Ultrapar Participações is trading at a lower price-to-earnings ratio than New Fortress Energy, indicating that it is currently the more affordable of the two stocks.
Ultrapar Participações pays an annual dividend of $0.14 per share and has a dividend yield of 2.9%. New Fortress Energy pays an annual dividend of $0.40 per share and has a dividend yield of 1.5%. Ultrapar Participações pays out 29.2% of its earnings in the form of a dividend. New Fortress Energy pays out 18.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Ultrapar Participações has raised its dividend for 1 consecutive years. Ultrapar Participações is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
In the previous week, New Fortress Energy had 5 more articles in the media than Ultrapar Participações. MarketBeat recorded 8 mentions for New Fortress Energy and 3 mentions for Ultrapar Participações. Ultrapar Participações' average media sentiment score of 0.95 beat New Fortress Energy's score of 0.75 indicating that New Fortress Energy is being referred to more favorably in the news media.
Ultrapar Participações has a beta of 1.63, suggesting that its stock price is 63% more volatile than the S&P 500. Comparatively, New Fortress Energy has a beta of 1.55, suggesting that its stock price is 55% more volatile than the S&P 500.
Summary
New Fortress Energy beats Ultrapar Participações on 14 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NFE 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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