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Ocean Power Technologies (OPTT) Competitors

Ocean Power Technologies logo
$0.34 +0.02 (+7.74%)
(As of 12/20/2024 05:45 PM ET)

OPTT vs. SLNG, WAVE, SUUN, SPRU, CETY, CGBS, VVPR, ALCE, CDZIP, and CWEN.A

Should you be buying Ocean Power Technologies stock or one of its competitors? The main competitors of Ocean Power Technologies include Stabilis Solutions (SLNG), Eco Wave Power Global AB (publ) (WAVE), SolarBank (SUUN), Spruce Power (SPRU), Clean Energy Technologies (CETY), Crown LNG (CGBS), VivoPower International (VVPR), Alternus Clean Energy (ALCE), Cadiz (CDZIP), and Clearway Energy (CWEN.A). These companies are all part of the "utilities" industry.

Ocean Power Technologies vs.

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

3.8% of Stabilis Solutions shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 75.8% of Stabilis Solutions shares are owned by insiders. Comparatively, 1.0% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Stabilis Solutions$74.04M1.38$120K$0.2126.14
Ocean Power Technologies$7.08M4.64-$27.48M-$0.32-1.05

In the previous week, Ocean Power Technologies had 9 more articles in the media than Stabilis Solutions. MarketBeat recorded 10 mentions for Ocean Power Technologies and 1 mentions for Stabilis Solutions. Stabilis Solutions' average media sentiment score of 1.17 beat Ocean Power Technologies' score of 0.55 indicating that Stabilis Solutions is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Stabilis Solutions
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ocean Power Technologies
3 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ocean Power Technologies received 203 more outperform votes than Stabilis Solutions when rated by MarketBeat users. Likewise, 74.38% of users gave Ocean Power Technologies an outperform vote while only 35.29% of users gave Stabilis Solutions an outperform vote.

CompanyUnderperformOutperform
Stabilis SolutionsOutperform Votes
6
35.29%
Underperform Votes
11
64.71%
Ocean Power TechnologiesOutperform Votes
209
74.38%
Underperform Votes
72
25.62%

Stabilis Solutions has a net margin of 5.29% compared to Ocean Power Technologies' net margin of -448.27%. Stabilis Solutions' return on equity of 6.16% beat Ocean Power Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Stabilis Solutions5.29% 6.16% 4.69%
Ocean Power Technologies -448.27%-101.04%-75.41%

Stabilis Solutions has a beta of 0.83, meaning that its share price is 17% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.85, meaning that its share price is 185% more volatile than the S&P 500.

Summary

Stabilis Solutions beats Ocean Power Technologies on 9 of the 15 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.
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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$32.86M$13.89B$8.33B$9.07B
Dividend YieldN/A4.51%11.73%4.23%
P/E Ratio-0.8414.8712.1517.17
Price / Sales4.648,149.6567.47116.95
Price / CashN/A8.7310.8737.86
Price / Book1.052.123.364.78
Net Income-$27.48M$666.62M$955.68M$225.60M
7 Day Performance-1.32%-1.38%-3.45%-1.23%
1 Month Performance121.01%0.95%-5.59%3.36%
1 Year Performance0.09%36.12%1.57%16.60%

Ocean Power Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OPTT
Ocean Power Technologies
N/A$0.34
+7.7%
N/A-4.1%$32.86M$7.08M-0.8450
SLNG
Stabilis Solutions
1.5685 of 5 stars
$5.82
-3.0%
N/A+27.4%$108.17M$74.04M28.57250Positive News
WAVE
Eco Wave Power Global AB (publ)
0.2805 of 5 stars
$13.79
-8.1%
N/A+1,227.6%$76.53M$310,000.00-34.8812Gap Up
SUUN
SolarBank
3.5175 of 5 stars
$2.26
+2.7%
$6.00
+165.5%
N/A$69.88M$43.08M-12.9415
SPRU
Spruce Power
0.9108 of 5 stars
$2.93
+7.7%
N/A-32.8%$54.50M$79.86M-0.58180Positive News
CETY
Clean Energy Technologies
N/A$0.67
+1.7%
N/A-58.1%$30.20M$15.11M-4.1310Gap Down
CGBS
Crown LNG
N/A$0.29
-8.8%
N/AN/A$20.12MN/A-0.355
VVPR
VivoPower International
0.7225 of 5 stars
$1.23
-1.8%
N/A-20.3%$5.45M$15.06M0.00240News Coverage
ALCE
Alternus Clean Energy
N/A$0.84
-1.3%
N/AN/A$3.67M$17.36M0.00N/A
CDZIP
Cadiz
N/A$16.99
+0.7%
N/A+15.2%$0.00$5.54M0.0010News Coverage
CWEN.A
Clearway Energy
N/A$25.65
-0.1%
N/A-2.0%$0.00N/A0.0060High Trading Volume

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This page (NASDAQ:OPTT) was last updated on 12/21/2024 by MarketBeat.com Staff
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