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Eco Wave Power Global AB (publ) (WAVE) Competitors

$3.91
+0.50 (+14.66%)
(As of 05/31/2024 ET)

WAVE vs. SPRU, HLGN, OPTT, SO, CEG, AEP, D, VST, EIX, and DTE

Should you be buying Eco Wave Power Global AB (publ) stock or one of its competitors? The main competitors of Eco Wave Power Global AB (publ) include Spruce Power (SPRU), Heliogen (HLGN), Ocean Power Technologies (OPTT), Southern (SO), Constellation Energy (CEG), American Electric Power (AEP), Dominion Energy (D), Vistra (VST), Edison International (EIX), and DTE Energy (DTE). These companies are all part of the "electric services" industry.

Eco Wave Power Global AB (publ) vs.

Spruce Power (NYSE:SPRU) and Eco Wave Power Global AB (publ) (NASDAQ:WAVE) are both small-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, community ranking, valuation, institutional ownership, analyst recommendations and media sentiment.

In the previous week, Spruce Power had 4 more articles in the media than Eco Wave Power Global AB (publ). MarketBeat recorded 8 mentions for Spruce Power and 4 mentions for Eco Wave Power Global AB (publ). Spruce Power's average media sentiment score of 0.95 beat Eco Wave Power Global AB (publ)'s score of 0.43 indicating that Eco Wave Power Global AB (publ) is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spruce Power
1 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Eco Wave Power Global AB (publ)
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spruce Power
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Eco Wave Power Global AB (publ)
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

20.8% of Spruce Power shares are held by institutional investors. Comparatively, 0.6% of Eco Wave Power Global AB (publ) shares are held by institutional investors. 9.5% of Spruce Power shares are held by insiders. Comparatively, 31.3% of Eco Wave Power Global AB (publ) shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Spruce Power and Eco Wave Power Global AB (publ) both received 0 outperform votes by MarketBeat users.

CompanyUnderperformOutperform
Spruce PowerN/AN/A
Eco Wave Power Global AB (publ)N/AN/A

Eco Wave Power Global AB (publ) has lower revenue, but higher earnings than Spruce Power. Eco Wave Power Global AB (publ) is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spruce Power$79.86M0.79-$65.83M-$2.68-1.27
Eco Wave Power Global AB (publ)$310K70.00-$1.71M-$0.35-11.17

Spruce Power has a beta of 1.25, meaning that its share price is 25% more volatile than the S&P 500. Comparatively, Eco Wave Power Global AB (publ) has a beta of -0.95, meaning that its share price is 195% less volatile than the S&P 500.

Eco Wave Power Global AB (publ) has a net margin of 0.00% compared to Eco Wave Power Global AB (publ)'s net margin of -61.34%. Eco Wave Power Global AB (publ)'s return on equity of -7.07% beat Spruce Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Spruce Power-61.34% -7.07% -1.83%
Eco Wave Power Global AB (publ) N/A -21.67%-16.92%

Summary

Spruce Power beats Eco Wave Power Global AB (publ) on 7 of the 13 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WAVE 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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WAVE vs. The Competition

MetricEco Wave Power Global AB (publ)Electric services IndustryEnergy SectorNASDAQ Exchange
Market Cap$21.70M$13.20B$8.31B$7.96B
Dividend YieldN/A4.69%11.59%4.02%
P/E Ratio-11.1716.3616.1218.28
Price / Sales70.0026.2694.9782.62
Price / CashN/A8.2210.9830.90
Price / Book3.081.642.954.59
Net Income-$1.71M$664.86M$974.89M$213.79M
7 Day Performance22.19%0.75%1.16%0.65%
1 Month Performance58.30%7.50%4.55%3.48%
1 Year Performance27.25%8.23%10.50%8.81%

Eco Wave Power Global AB (publ) Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPRU
Spruce Power
0 of 5 stars
$3.51
-0.6%
N/A-39.7%$64.57M$79.86M-1.31142
HLGN
Heliogen
0 of 5 stars
$2.13
-4.5%
N/A-76.7%$12.72M$4.45M-0.09144Gap Down
OPTT
Ocean Power Technologies
0 of 5 stars
$0.19
+4.6%
N/A-63.8%$11.42M$2.73M-0.3772News Coverage
Gap Up
High Trading Volume
SO
Southern
4.555 of 5 stars
$77.75
+0.8%
$75.73
-2.6%
+11.8%$85.11B$25.25B20.0928,100Analyst Forecast
Short Interest ↑
Positive News
CEG
Constellation Energy
3.5674 of 5 stars
$230.63
+4.3%
$220.86
-4.2%
+168.8%$72.70B$24.92B30.7913,871Analyst Forecast
Positive News
AEP
American Electric Power
4.0047 of 5 stars
$88.97
-0.3%
$88.43
-0.6%
+7.8%$46.90B$19B16.5117,250Analyst Forecast
Short Interest ↑
D
Dominion Energy
4.354 of 5 stars
$52.79
+0.5%
$51.73
-2.0%
+7.5%$44.22B$14.39B27.2117,700Short Interest ↑
VST
Vistra
3.9482 of 5 stars
$102.10
+6.2%
$82.50
-19.2%
+340.0%$35.48B$14.78B62.644,870Analyst Forecast
EIX
Edison International
4.8903 of 5 stars
$74.57
+0.4%
$76.00
+1.9%
+13.6%$28.69B$16.34B32.7114,375Analyst Forecast
Short Interest ↓
DTE
DTE Energy
4.3853 of 5 stars
$112.96
+0.8%
$116.30
+3.0%
+5.9%$23.38B$12.75B18.499,950Short Interest ↑

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This page (NASDAQ:WAVE) was last updated on 5/31/2024 by MarketBeat.com Staff

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