ELP vs. AGR, PNW, BEP, OGE, BEPC, CWEN, IDA, AQN, POR, and ORA
Should you be buying Companhia Paranaense de Energia - COPEL stock or one of its competitors? The main competitors of Companhia Paranaense de Energia - COPEL include Avangrid (AGR), Pinnacle West Capital (PNW), Brookfield Renewable Partners (BEP), OGE Energy (OGE), Brookfield Renewable (BEPC), Clearway Energy (CWEN), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), and Ormat Technologies (ORA). These companies are all part of the "electric services" industry.
Companhia Paranaense de Energia - COPEL (NYSE:ELP) and Avangrid (NYSE:AGR) are both utilities companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, community ranking, media sentiment, valuation, earnings, dividends, risk, analyst recommendations and institutional ownership.
Avangrid has a net margin of 10.80% compared to Companhia Paranaense de Energia - COPEL's net margin of 10.17%. Companhia Paranaense de Energia - COPEL's return on equity of 8.72% beat Avangrid's return on equity.
Avangrid has higher revenue and earnings than Companhia Paranaense de Energia - COPEL. Companhia Paranaense de Energia - COPEL is trading at a lower price-to-earnings ratio than Avangrid, indicating that it is currently the more affordable of the two stocks.
Companhia Paranaense de Energia - COPEL pays an annual dividend of $0.15 per share and has a dividend yield of 2.2%. Avangrid pays an annual dividend of $1.76 per share and has a dividend yield of 4.9%. Companhia Paranaense de Energia - COPEL pays out 16.9% of its earnings in the form of a dividend. Avangrid pays out 76.2% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Avangrid received 39 more outperform votes than Companhia Paranaense de Energia - COPEL when rated by MarketBeat users. However, 66.76% of users gave Companhia Paranaense de Energia - COPEL an outperform vote while only 54.96% of users gave Avangrid an outperform vote.
In the previous week, Avangrid had 7 more articles in the media than Companhia Paranaense de Energia - COPEL. MarketBeat recorded 10 mentions for Avangrid and 3 mentions for Companhia Paranaense de Energia - COPEL. Avangrid's average media sentiment score of 0.60 beat Companhia Paranaense de Energia - COPEL's score of -0.01 indicating that Avangrid is being referred to more favorably in the news media.
Companhia Paranaense de Energia - COPEL has a beta of 0.93, meaning that its share price is 7% less volatile than the S&P 500. Comparatively, Avangrid has a beta of 0.55, meaning that its share price is 45% less volatile than the S&P 500.
3.8% of Companhia Paranaense de Energia - COPEL shares are owned by institutional investors. Comparatively, 13.1% of Avangrid shares are owned by institutional investors. 0.1% of Avangrid 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.
Avangrid has a consensus price target of $34.75, indicating a potential downside of 3.28%. Given Avangrid's higher possible upside, analysts clearly believe Avangrid is more favorable than Companhia Paranaense de Energia - COPEL.
Summary
Avangrid beats Companhia Paranaense de Energia - COPEL on 13 of the 20 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ELP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Companhia Paranaense de Energia - COPEL Competitors List
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