NXT vs. NFE, ETRN, PBF, SM, ENLC, TDW, BEPC, CWEN, KNTK, and VAL
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include New Fortress Energy (NFE), Equitrans Midstream (ETRN), PBF Energy (PBF), SM Energy (SM), EnLink Midstream (ENLC), Tidewater (TDW), Brookfield Renewable (BEPC), Clearway Energy (CWEN), Kinetik (KNTK), and Valaris (VAL). These companies are all part of the "oils/energy" sector.
New Fortress Energy (NASDAQ:NFE) and Nextracker (NASDAQ:NXT) are both mid-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their media sentiment, profitability, community ranking, analyst recommendations, dividends, earnings, risk, valuation and institutional ownership.
New Fortress Energy has higher revenue and earnings than Nextracker. New Fortress Energy is trading at a lower price-to-earnings ratio than Nextracker, indicating that it is currently the more affordable of the two stocks.
58.6% of New Fortress Energy shares are held by institutional investors. Comparatively, 67.4% of Nextracker shares are held by institutional investors. 37.1% of New Fortress Energy shares are held by insiders. Comparatively, 0.1% of Nextracker shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
New Fortress Energy received 63 more outperform votes than Nextracker when rated by MarketBeat users. However, 67.61% of users gave Nextracker an outperform vote while only 55.22% of users gave New Fortress Energy an outperform vote.
In the previous week, Nextracker had 30 more articles in the media than New Fortress Energy. MarketBeat recorded 39 mentions for Nextracker and 9 mentions for New Fortress Energy. Nextracker's average media sentiment score of 0.95 beat New Fortress Energy's score of 0.53 indicating that New Fortress Energy is being referred to more favorably in the media.
New Fortress Energy presently has a consensus target price of $38.00, suggesting a potential upside of 42.22%. Nextracker has a consensus target price of $58.52, suggesting a potential upside of 32.40%. Given Nextracker's higher possible upside, analysts clearly believe New Fortress Energy is more favorable than Nextracker.
New Fortress Energy has a beta of 1.55, indicating that its stock price is 55% more volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.42, indicating that its stock price is 142% more volatile than the S&P 500.
New Fortress Energy has a net margin of 17.90% compared to New Fortress Energy's net margin of 12.25%. Nextracker's return on equity of 31.34% beat New Fortress Energy's return on equity.
Summary
Nextracker beats New Fortress Energy on 10 of the 18 factors compared between the two stocks.
Get Nextracker News Delivered to You Automatically
Sign up to receive the latest news and ratings for NXT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NXT 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.
Nextracker Competitors List
Related Companies and Tools
