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Algonquin Power & Utilities (AQN) Competitors

Algonquin Power & Utilities logo
$4.39 +0.08 (+1.86%)
(As of 12/20/2024 05:31 PM ET)

AQN vs. AGR, EBR, WTRG, SBS, DTM, KEP, KNTK, BEP, ENLC, and ELPC

Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include Avangrid (AGR), Centrais Elétricas Brasileiras S.A. - Eletrobrás (EBR), Essential Utilities (WTRG), Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBS), DT Midstream (DTM), Korea Electric Power (KEP), Kinetik (KNTK), Brookfield Renewable Partners (BEP), EnLink Midstream (ENLC), and Companhia Paranaense de Energia (ELPC). These companies are all part of the "utilities" industry.

Algonquin Power & Utilities vs.

Algonquin Power & Utilities (NYSE:AQN) and Avangrid (NYSE:AGR) are both utilities companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, risk, profitability, community ranking, dividends, valuation, institutional ownership and earnings.

Avangrid has higher revenue and earnings than Algonquin Power & Utilities. Algonquin Power & Utilities is trading at a lower price-to-earnings ratio than Avangrid, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Algonquin Power & Utilities$2.61B1.29$28.67M-$1.29-3.40
Avangrid$8.71B1.60$786M$2.9112.38

Algonquin Power & Utilities pays an annual dividend of $0.26 per share and has a dividend yield of 5.9%. Avangrid pays an annual dividend of $1.76 per share and has a dividend yield of 4.9%. Algonquin Power & Utilities pays out -20.2% of its earnings in the form of a dividend. Avangrid pays out 60.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Algonquin Power & Utilities is clearly the better dividend stock, given its higher yield and lower payout ratio.

Algonquin Power & Utilities presently has a consensus target price of $6.25, indicating a potential upside of 42.37%. Avangrid has a consensus target price of $34.67, indicating a potential downside of 3.76%. Given Algonquin Power & Utilities' stronger consensus rating and higher probable upside, equities analysts plainly believe Algonquin Power & Utilities is more favorable than Avangrid.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Algonquin Power & Utilities
0 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
2.25
Avangrid
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67

Algonquin Power & Utilities has a beta of 0.68, meaning that its stock price is 32% less volatile than the S&P 500. Comparatively, Avangrid has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500.

Avangrid has a net margin of 12.89% compared to Algonquin Power & Utilities' net margin of -39.12%. Avangrid's return on equity of 5.37% beat Algonquin Power & Utilities' return on equity.

Company Net Margins Return on Equity Return on Assets
Algonquin Power & Utilities-39.12% 5.22% 1.88%
Avangrid 12.89%5.37%2.46%

62.3% of Algonquin Power & Utilities shares are held by institutional investors. Comparatively, 13.1% of Avangrid shares are held by institutional investors. 0.1% of Algonquin Power & Utilities shares are held by insiders. Comparatively, 0.1% of Avangrid shares are held 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.

In the previous week, Algonquin Power & Utilities had 1 more articles in the media than Avangrid. MarketBeat recorded 5 mentions for Algonquin Power & Utilities and 4 mentions for Avangrid. Avangrid's average media sentiment score of 0.67 beat Algonquin Power & Utilities' score of 0.64 indicating that Avangrid is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Algonquin Power & Utilities
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Avangrid
2 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Avangrid received 6 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. However, 53.61% of users gave Algonquin Power & Utilities an outperform vote while only 52.26% of users gave Avangrid an outperform vote.

CompanyUnderperformOutperform
Algonquin Power & UtilitiesOutperform Votes
260
53.61%
Underperform Votes
225
46.39%
AvangridOutperform Votes
266
52.26%
Underperform Votes
243
47.74%

Summary

Avangrid beats Algonquin Power & Utilities on 11 of the 21 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 NYSE 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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AQN vs. The Competition

MetricAlgonquin Power & UtilitiesElectric services IndustryUtilities SectorNYSE Exchange
Market Cap$3.37B$13.71B$13.36B$19.19B
Dividend Yield5.83%4.47%4.06%3.57%
P/E Ratio-3.4014.9095.2441.24
Price / Sales1.298,033.4629.7717.58
Price / Cash3.748.7318.3521.28
Price / Book0.472.152.225.32
Net Income$28.67M$666.62M$626.51M$989.67M
7 Day Performance-1.68%-1.63%-1.93%-3.59%
1 Month Performance-6.89%2.06%-2.08%-2.48%
1 Year Performance-30.65%36.36%2.14%13.87%

Algonquin Power & Utilities Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AQN
Algonquin Power & Utilities
4.7499 of 5 stars
$4.39
+1.9%
$6.25
+42.4%
-30.6%$3.37B$2.61B-3.403,500
AGR
Avangrid
3.3493 of 5 stars
$35.71
+0.3%
$34.67
-2.9%
+12.1%$13.82B$8.31B12.237,999News Coverage
EBR
Centrais Elétricas Brasileiras S.A. - Eletrobrás
1.0442 of 5 stars
$5.84
-1.0%
N/A-30.3%$13.44B$38.08B0.008,328News Coverage
WTRG
Essential Utilities
4.521 of 5 stars
$38.76
+0.2%
$44.00
+13.5%
-0.8%$10.64B$2.05B19.353,258Analyst Revision
Positive News
SBS
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
1.6613 of 5 stars
$14.65
-0.7%
N/A-3.0%$10.01B$5.12B5.7511,170Analyst Upgrade
Positive News
DTM
DT Midstream
3.9809 of 5 stars
$99.64
-0.3%
$84.78
-14.9%
+88.5%$9.68B$976M24.48360Analyst Upgrade
News Coverage
Positive News
KEP
Korea Electric Power
1.8069 of 5 stars
$7.53
+1.5%
N/A+1.0%$9.67B$91.66T3.4448,696News Coverage
KNTK
Kinetik
2.6269 of 5 stars
$56.44
-0.7%
$49.00
-13.2%
+73.0%$8.89B$1.45B20.73200Analyst Forecast
Positive News
BEP
Brookfield Renewable Partners
4.4829 of 5 stars
$23.89
+0.4%
$31.89
+33.5%
-13.2%$6.81B$5.77B-29.014,770Analyst Upgrade
News Coverage
ENLC
EnLink Midstream
2.6206 of 5 stars
$14.48
-1.1%
$15.40
+6.4%
+13.9%$6.62B$6.65B69.711,072
ELPC
Companhia Paranaense de Energia
N/A$5.36
flat
N/AN/A$5.74B$22.20B0.005,730

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