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ReNew Energy Global (RNW) Competitors

ReNew Energy Global logo
$6.78 +0.05 (+0.74%)
As of 01/17/2025 04:00 PM Eastern

RNW vs. WTRG, KEP, ENLC, BEP, ELPC, CWEN, PAM, AROC, BIPC, and TGS

Should you be buying ReNew Energy Global stock or one of its competitors? The main competitors of ReNew Energy Global include Essential Utilities (WTRG), Korea Electric Power (KEP), EnLink Midstream (ENLC), Brookfield Renewable Partners (BEP), Companhia Paranaense de Energia (ELPC), Clearway Energy (CWEN), Pampa Energía (PAM), Archrock (AROC), Brookfield Infrastructure (BIPC), and Transportadora de Gas del Sur (TGS). These companies are all part of the "utilities" industry.

ReNew Energy Global vs.

ReNew Energy Global (NASDAQ:RNW) and Essential Utilities (NYSE:WTRG) are both mid-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, earnings, media sentiment, analyst recommendations, community ranking, institutional ownership, valuation, dividends and profitability.

Essential Utilities received 14 more outperform votes than ReNew Energy Global when rated by MarketBeat users. However, 44.44% of users gave ReNew Energy Global an outperform vote while only 36.14% of users gave Essential Utilities an outperform vote.

CompanyUnderperformOutperform
ReNew Energy GlobalOutperform Votes
16
44.44%
Underperform Votes
20
55.56%
Essential UtilitiesOutperform Votes
30
36.14%
Underperform Votes
53
63.86%

ReNew Energy Global has a beta of 0.9, suggesting that its share price is 10% less volatile than the S&P 500. Comparatively, Essential Utilities has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500.

Essential Utilities has a net margin of 27.84% compared to ReNew Energy Global's net margin of 2.70%. Essential Utilities' return on equity of 7.89% beat ReNew Energy Global's return on equity.

Company Net Margins Return on Equity Return on Assets
ReNew Energy Global2.70% 2.16% 0.30%
Essential Utilities 27.84%7.89%2.79%

43.6% of ReNew Energy Global shares are owned by institutional investors. Comparatively, 74.8% of Essential Utilities shares are owned by institutional investors. 8.7% of ReNew Energy Global shares are owned by insiders. Comparatively, 0.2% of Essential Utilities shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

ReNew Energy Global presently has a consensus target price of $8.00, indicating a potential upside of 17.99%. Essential Utilities has a consensus target price of $43.00, indicating a potential upside of 22.61%. Given Essential Utilities' stronger consensus rating and higher possible upside, analysts plainly believe Essential Utilities is more favorable than ReNew Energy Global.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ReNew Energy Global
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Essential Utilities
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

In the previous week, Essential Utilities had 14 more articles in the media than ReNew Energy Global. MarketBeat recorded 14 mentions for Essential Utilities and 0 mentions for ReNew Energy Global. ReNew Energy Global's average media sentiment score of 1.27 beat Essential Utilities' score of 0.55 indicating that ReNew Energy Global is being referred to more favorably in the media.

Company Overall Sentiment
ReNew Energy Global Positive
Essential Utilities Positive

Essential Utilities has higher revenue and earnings than ReNew Energy Global. Essential Utilities is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ReNew Energy Global$1.16B2.12$41M$0.06113.02
Essential Utilities$1.96B4.91$498.23M$2.0017.54

Summary

Essential Utilities beats ReNew Energy Global on 13 of the 18 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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RNW vs. The Competition

MetricReNew Energy GlobalElectric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$2.46B$14.44B$9.43B$9.06B
Dividend YieldN/A4.58%11.54%4.02%
P/E Ratio113.0213.5313.4417.34
Price / Sales2.129,456.3848.75134.53
Price / Cash9.389.0411.6235.97
Price / Book1.682.684.384.80
Net Income$41M$675.56M$951.08M$224.91M
7 Day Performance0.44%1.46%2.22%1.90%
1 Month Performance-2.31%5.62%11.71%5.08%
1 Year Performance2.57%36.55%469.75%21.15%

ReNew Energy Global Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNW
ReNew Energy Global
2.4483 of 5 stars
$6.78
+0.7%
$8.00
+18.0%
-0.3%$2.46B$1.16B113.023,988Positive News
WTRG
Essential Utilities
4.7313 of 5 stars
$33.72
-1.1%
$43.20
+28.1%
-5.6%$9.26B$1.96B16.863,258Analyst Forecast
Analyst Revision
KEP
Korea Electric Power
0.2963 of 5 stars
$6.88
+0.1%
N/A+1.8%$8.83B$91.66T3.1948,800Short Interest ↑
News Coverage
Negative News
ENLC
EnLink Midstream
2.4469 of 5 stars
$14.66
+2.3%
$15.40
+5.0%
+28.1%$6.70B$6.65B69.811,130Analyst Forecast
Short Interest ↓
BEP
Brookfield Renewable Partners
3.7886 of 5 stars
$22.10
-2.0%
$32.44
+46.8%
-18.0%$6.30B$5.77B-26.953,200Short Interest ↑
ELPC
Companhia Paranaense de Energia
N/A$5.20
+0.8%
N/A-26.5%$5.56B$22.20B0.006,320Gap Down
CWEN
Clearway Energy
3.5888 of 5 stars
$24.81
-0.4%
$33.13
+33.5%
+6.9%$5.02B$1.36B23.8660News Coverage
Positive News
PAM
Pampa Energía
2.0721 of 5 stars
$89.21
-6.0%
$71.63
-19.7%
+82.7%$4.87B$2.35T13.726,286Short Interest ↓
News Coverage
Positive News
AROC
Archrock
2.1734 of 5 stars
$26.88
+3.3%
$25.17
-6.4%
+99.5%$4.71B$1.09B29.541,100News Coverage
BIPC
Brookfield Infrastructure
N/A$38.49
+1.2%
N/A+17.0%$4.58B$3.64B26.731,700News Coverage
Positive News
TGS
Transportadora de Gas del Sur
2.212 of 5 stars
$29.49
-7.7%
N/A+100.1%$4.44B$548.03B27.311,110

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This page (NASDAQ:RNW) was last updated on 1/18/2025 by MarketBeat.com Staff
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