NGG vs. EPD, ET, WMB, KMI, TRP, TRGP, WES, AM, DTM, and KNTK
Should you be buying National Grid stock or one of its competitors? The main competitors of National Grid include Enterprise Products Partners (EPD), Energy Transfer (ET), Williams Companies (WMB), Kinder Morgan (KMI), TC Energy (TRP), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), DT Midstream (DTM), and Kinetik (KNTK). These companies are all part of the "natural gas transmission" industry.
National Grid (NYSE:NGG) and Enterprise Products Partners (NYSE:EPD) are both large-cap utilities companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, valuation, earnings, profitability, media sentiment, institutional ownership, risk, community ranking and dividends.
Enterprise Products Partners has higher revenue and earnings than National Grid.
National Grid has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500. Comparatively, Enterprise Products Partners has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500.
National Grid pays an annual dividend of $2.36 per share and has a dividend yield of 4.1%. Enterprise Products Partners pays an annual dividend of $2.06 per share and has a dividend yield of 7.4%. Enterprise Products Partners pays out 80.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
4.7% of National Grid shares are held by institutional investors. Comparatively, 26.1% of Enterprise Products Partners shares are held by institutional investors. 32.6% of Enterprise Products Partners shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
In the previous week, Enterprise Products Partners had 8 more articles in the media than National Grid. MarketBeat recorded 24 mentions for Enterprise Products Partners and 16 mentions for National Grid. Enterprise Products Partners' average media sentiment score of 0.67 beat National Grid's score of 0.10 indicating that Enterprise Products Partners is being referred to more favorably in the news media.
Enterprise Products Partners has a consensus price target of $32.69, suggesting a potential upside of 16.63%. Given Enterprise Products Partners' stronger consensus rating and higher probable upside, analysts clearly believe Enterprise Products Partners is more favorable than National Grid.
Enterprise Products Partners has a net margin of 10.76% compared to National Grid's net margin of 0.00%. Enterprise Products Partners' return on equity of 19.73% beat National Grid's return on equity.
Enterprise Products Partners received 444 more outperform votes than National Grid when rated by MarketBeat users. Likewise, 80.49% of users gave Enterprise Products Partners an outperform vote while only 58.78% of users gave National Grid an outperform vote.
Summary
Enterprise Products Partners beats National Grid on 17 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding NGG 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.
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