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Ocean Power Technologies (OPTT) Competitors

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$0.64 -0.04 (-5.69%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$0.64 +0.00 (+0.09%)
As of 02/21/2025 07:59 PM Eastern
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OPTT vs. PCYO, GWRS, NOVA, RGCO, SUUN, SLNG, WAVE, SPRU, CETY, and CGBS

Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Pure Cycle (PCYO), Global Water Resources (GWRS), Sunnova Energy International (NOVA), RGC Resources (RGCO), SolarBank (SUUN), Stabilis Solutions (SLNG), Eco Wave Power Global AB (publ) (WAVE), Spruce Power (SPRU), Clean Energy Technologies (CETY), and Crown LNG (CGBS). These companies are all part of the "utilities" industry.

Ocean Power Technologies vs.

Ocean Power Technologies (NASDAQ:OPTT) and Pure Cycle (NASDAQ:PCYO) are both small-cap oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, dividends, analyst recommendations, valuation, community ranking, earnings and media sentiment.

In the previous week, Ocean Power Technologies had 2 more articles in the media than Pure Cycle. MarketBeat recorded 2 mentions for Ocean Power Technologies and 0 mentions for Pure Cycle. Ocean Power Technologies' average media sentiment score of 0.95 beat Pure Cycle's score of 0.59 indicating that Ocean Power Technologies is being referred to more favorably in the media.

Company Overall Sentiment
Ocean Power Technologies Positive
Pure Cycle Positive

Pure Cycle has a net margin of 46.32% compared to Ocean Power Technologies' net margin of -304.91%. Pure Cycle's return on equity of 10.54% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Ocean Power Technologies-304.91% -97.03% -72.36%
Pure Cycle 46.32%10.54%9.36%

Pure Cycle has higher revenue and earnings than Ocean Power Technologies. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Pure Cycle, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ocean Power Technologies$7.08M13.29-$27.48M-$0.32-2.01
Pure Cycle$28.75M9.62$11.61M$0.5520.89

Ocean Power Technologies has a beta of 2.58, indicating that its share price is 158% more volatile than the S&P 500. Comparatively, Pure Cycle has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500.

11.9% of Ocean Power Technologies shares are held by institutional investors. Comparatively, 51.4% of Pure Cycle shares are held by institutional investors. 1.0% of Ocean Power Technologies shares are held by insiders. Comparatively, 17.2% of Pure Cycle shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Ocean Power Technologies received 27 more outperform votes than Pure Cycle when rated by MarketBeat users. Likewise, 73.85% of users gave Ocean Power Technologies an outperform vote while only 67.66% of users gave Pure Cycle an outperform vote.

CompanyUnderperformOutperform
Ocean Power TechnologiesOutperform Votes
209
73.85%
Underperform Votes
74
26.15%
Pure CycleOutperform Votes
182
67.66%
Underperform Votes
87
32.34%

Summary

Pure Cycle beats Ocean Power Technologies on 9 of the 15 factors compared between the two stocks.

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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.
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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.
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OPTT vs. The Competition

MetricOcean Power TechnologiesElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$99.79M$13.77B$9.05B$8.98B
Dividend YieldN/A4.74%11.61%3.85%
P/E Ratio-2.0117.4413.0718.82
Price / Sales13.298,938.70296.3780.30
Price / CashN/A10.0611.9037.47
Price / Book2.012.293.804.64
Net Income-$27.48M$690.28M$808.15M$245.69M
7 Day Performance-13.27%-0.09%-1.79%-2.66%
1 Month Performance-32.20%1.67%-5.08%-2.15%
1 Year Performance118.59%35.86%6.45%12.90%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
N/A$0.64
-5.7%
N/A+128.1%$99.79M$7.08M-2.0150Gap Up
PCYO
Pure Cycle
1.2663 of 5 stars
$12.15
+4.0%
N/A+16.6%$292.57M$28.75M22.0940News Coverage
GWRS
Global Water Resources
2.9524 of 5 stars
$11.26
-1.5%
N/A-11.8%$272.72M$53.03M41.7090
NOVA
Sunnova Energy International
4.1799 of 5 stars
$1.91
+0.3%
$9.03
+374.2%
-83.4%$238.03M$720.65M-0.572,047
RGCO
RGC Resources
3.7837 of 5 stars
$20.59
-1.5%
N/A+7.5%$211.25M$84.64M17.75100Analyst Upgrade
SUUN
SolarBank
2.6927 of 5 stars
$5.52
-4.7%
$6.00
+8.7%
N/A$175.24M$66.70M-32.4715Earnings Report
SLNG
Stabilis Solutions
3.1865 of 5 stars
$7.74
+1.8%
$12.00
+55.0%
+60.5%$143.81M$73.11M36.86250
WAVE
Eco Wave Power Global AB (publ)
2.2217 of 5 stars
$9.09
-3.3%
$14.00
+54.0%
+540.3%$50.44M$279,000.00-21.1410
SPRU
Spruce Power
0.4006 of 5 stars
$2.54
+1.2%
N/A-31.1%$47.25M$77.58M-0.50180
CETY
Clean Energy Technologies
N/A$0.47
-0.6%
N/A-32.0%$21.05M$15.11M-2.9210
CGBS
Crown LNG
N/A$0.29
+5.9%
N/AN/A$20.05MN/A-0.335

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This page (NASDAQ:OPTT) was last updated on 2/22/2025 by MarketBeat.com Staff
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