OPTT vs. NOVA, PCYO, GWRS, RGCO, SLNG, CGBS, SUUN, SPRU, WAVE, and CETY
Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Sunnova Energy International (NOVA), Pure Cycle (PCYO), Global Water Resources (GWRS), RGC Resources (RGCO), Stabilis Solutions (SLNG), Crown LNG (CGBS), SolarBank (SUUN), Spruce Power (SPRU), Eco Wave Power Global AB (publ) (WAVE), and Clean Energy Technologies (CETY). These companies are all part of the "utilities" industry.
Ocean Power Technologies vs.
Ocean Power Technologies (NASDAQ:OPTT) and Sunnova Energy International (NYSE:NOVA) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, community ranking, risk, earnings, profitability, media sentiment, institutional ownership, dividends and analyst recommendations.
In the previous week, Ocean Power Technologies had 3 more articles in the media than Sunnova Energy International. MarketBeat recorded 8 mentions for Ocean Power Technologies and 5 mentions for Sunnova Energy International. Ocean Power Technologies' average media sentiment score of 0.75 beat Sunnova Energy International's score of 0.32 indicating that Ocean Power Technologies is being referred to more favorably in the media.
Ocean Power Technologies received 97 more outperform votes than Sunnova Energy International when rated by MarketBeat users. Likewise, 74.11% of users gave Ocean Power Technologies an outperform vote while only 55.17% of users gave Sunnova Energy International an outperform vote.
11.9% of Ocean Power Technologies shares are owned by institutional investors. 1.0% of Ocean Power Technologies shares are owned by insiders. Comparatively, 4.5% of Sunnova Energy International shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Ocean Power Technologies has a beta of 2.63, suggesting that its share price is 163% more volatile than the S&P 500. Comparatively, Sunnova Energy International has a beta of 2.29, suggesting that its share price is 129% more volatile than the S&P 500.
Ocean Power Technologies has higher earnings, but lower revenue than Sunnova Energy International. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Sunnova Energy International, indicating that it is currently the more affordable of the two stocks.
Sunnova Energy International has a net margin of -51.02% compared to Ocean Power Technologies' net margin of -304.91%. Sunnova Energy International's return on equity of -11.15% beat Ocean Power Technologies' return on equity.
Sunnova Energy International has a consensus target price of $9.58, suggesting a potential upside of 203.63%. Given Sunnova Energy International's stronger consensus rating and higher possible upside, analysts clearly believe Sunnova Energy International is more favorable than Ocean Power Technologies.
Summary
Ocean Power Technologies and Sunnova Energy International tied by winning 9 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:OPTT) was last updated on 1/21/2025 by MarketBeat.com Staff
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