Free Trial

NOVONIX (NVX) Competitors

NOVONIX logo
$1.65 +0.01 (+0.61%)
(As of 12/20/2024 05:31 PM ET)

NVX vs. BYRN, EAF, BLDP, MVST, FREY, SLDP, AMPX, NEOV, SES, and GAUZ

Should you be buying NOVONIX stock or one of its competitors? The main competitors of NOVONIX include Byrna Technologies (BYRN), GrafTech International (EAF), Ballard Power Systems (BLDP), Microvast (MVST), FREYR Battery (FREY), Solid Power (SLDP), Amprius Technologies (AMPX), NeoVolta (NEOV), SES AI (SES), and Gauzy (GAUZ). These companies are all part of the "electrical equipment" industry.

NOVONIX vs.

Byrna Technologies (NASDAQ:BYRN) and NOVONIX (NASDAQ:NVX) are both small-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, valuation, analyst recommendations, institutional ownership, media sentiment, community ranking, profitability, risk and earnings.

In the previous week, Byrna Technologies had 6 more articles in the media than NOVONIX. MarketBeat recorded 13 mentions for Byrna Technologies and 7 mentions for NOVONIX. Byrna Technologies' average media sentiment score of 0.77 beat NOVONIX's score of 0.19 indicating that Byrna Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Byrna Technologies
3 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
NOVONIX
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

25.5% of Byrna Technologies shares are owned by institutional investors. Comparatively, 0.1% of NOVONIX shares are owned by institutional investors. 11.1% of Byrna Technologies shares are owned by insiders. Comparatively, 23.7% of NOVONIX shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Byrna Technologies has higher revenue and earnings than NOVONIX.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Byrna Technologies$73.42M9.16-$8.19M$0.09328.44
NOVONIX$6.88M34.07-$46.25MN/AN/A

Byrna Technologies has a beta of 1.8, suggesting that its stock price is 80% more volatile than the S&P 500. Comparatively, NOVONIX has a beta of 2.96, suggesting that its stock price is 196% more volatile than the S&P 500.

Byrna Technologies received 13 more outperform votes than NOVONIX when rated by MarketBeat users. However, 100.00% of users gave NOVONIX an outperform vote while only 73.68% of users gave Byrna Technologies an outperform vote.

CompanyUnderperformOutperform
Byrna TechnologiesOutperform Votes
14
73.68%
Underperform Votes
5
26.32%
NOVONIXOutperform Votes
1
100.00%
Underperform Votes
No Votes

Byrna Technologies has a net margin of 3.12% compared to NOVONIX's net margin of 0.00%. Byrna Technologies' return on equity of 5.58% beat NOVONIX's return on equity.

Company Net Margins Return on Equity Return on Assets
Byrna Technologies3.12% 5.58% 4.42%
NOVONIX N/A N/A N/A

Byrna Technologies currently has a consensus price target of $17.75, suggesting a potential downside of 39.95%. NOVONIX has a consensus price target of $4.00, suggesting a potential upside of 142.42%. Given NOVONIX's higher probable upside, analysts clearly believe NOVONIX is more favorable than Byrna Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Byrna Technologies
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25
NOVONIX
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Summary

Byrna Technologies beats NOVONIX on 12 of the 17 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.
Skip Chart

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.
Skip Chart

NVX vs. The Competition

MetricNOVONIXelectrical machinery, equipment, & supplies IndustryComputer SectorNASDAQ Exchange
Market Cap$234.23M$939.43M$25.98B$9.08B
Dividend YieldN/A2.01%2.78%4.23%
P/E RatioN/A27.96238.1117.18
Price / Sales34.079.833,342.57116.95
Price / CashN/A16.5335.7437.86
Price / Book1.103.868.134.78
Net Income-$46.25M-$72.40M$681.78M$225.60M
7 Day Performance5.77%1.54%0.41%-1.23%
1 Month Performance-14.06%3.50%7.02%3.36%
1 Year Performance-6.78%1.02%23.11%16.60%

NOVONIX Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NVX
NOVONIX
2.2121 of 5 stars
$1.65
+0.6%
$4.00
+142.4%
-12.7%$234.23M$6.88M0.00N/AHigh Trading Volume
BYRN
Byrna Technologies
1.6822 of 5 stars
$26.12
+5.9%
$17.75
-32.0%
+339.9%$594.49M$42.64M286.03150Gap Down
EAF
GrafTech International
0.4715 of 5 stars
$1.99
-2.0%
$1.80
-9.5%
-23.9%$511.76M$541.71M-1.691,249
BLDP
Ballard Power Systems
3.1882 of 5 stars
$1.61
-0.6%
$2.77
+72.0%
-53.8%$482.07M$91.96M-1.471,173Short Interest ↓
News Coverage
Gap Up
MVST
Microvast
2.9743 of 5 stars
$1.22
-4.0%
$3.33
+173.4%
+30.8%$394.74M$306.62M-3.342,006Options Volume
News Coverage
Gap Up
FREY
FREYR Battery
3.1018 of 5 stars
$1.58
-7.3%
N/A+19.7%$222.61MN/A-2.28210Analyst Upgrade
Insider Trade
News Coverage
Positive News
Gap Up
SLDP
Solid Power
1.4784 of 5 stars
$1.08
-0.8%
$2.75
+154.2%
+2.4%$195.14M$18.03M-2.22240Insider Trade
News Coverage
Positive News
AMPX
Amprius Technologies
1.9757 of 5 stars
$1.75
+2.3%
$8.17
+366.7%
-49.6%$185.22M$17.22M-3.8080Gap Down
NEOV
NeoVolta
2.0948 of 5 stars
$5.09
+6.3%
$7.50
+47.3%
+158.8%$169.81M$2.47M-53.225News Coverage
SES
SES AI
2.34 of 5 stars
$0.41
+0.0%
$1.25
+205.2%
-80.6%$147.70MN/A-1.78130
GAUZ
Gauzy
2.6352 of 5 stars
$7.57
-2.9%
$16.25
+114.7%
N/A$144.24M$94.35M0.00N/AGap Down

Related Companies and Tools


This page (NASDAQ:NVX) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners