PRMW vs. PNM, SR, OGS, ALE, NWE, CWT, AVA, MGEE, OTTR, and AWR
Should you be buying Primo Water stock or one of its competitors? The main competitors of Primo Water include PNM Resources (PNM), Spire (SR), ONE Gas (OGS), ALLETE (ALE), NorthWestern Energy Group (NWE), California Water Service Group (CWT), Avista (AVA), MGE Energy (MGEE), Otter Tail (OTTR), and American States Water (AWR). These companies are all part of the "utilities" sector.
PNM Resources (NYSE:PNM) and Primo Water (NYSE:PRMW) are both mid-cap utilities companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, dividends, analyst recommendations, community ranking, profitability, risk, media sentiment, earnings and valuation.
PNM Resources received 358 more outperform votes than Primo Water when rated by MarketBeat users. However, 61.97% of users gave Primo Water an outperform vote while only 60.63% of users gave PNM Resources an outperform vote.
PNM Resources presently has a consensus price target of $44.75, indicating a potential upside of 16.26%. Primo Water has a consensus price target of $21.00, indicating a potential downside of 2.37%. Given Primo Water's higher probable upside, analysts clearly believe PNM Resources is more favorable than Primo Water.
In the previous week, Primo Water had 1 more articles in the media than PNM Resources. MarketBeat recorded 3 mentions for Primo Water and 2 mentions for PNM Resources. Primo Water's average media sentiment score of 0.86 beat PNM Resources' score of 0.75 indicating that PNM Resources is being referred to more favorably in the media.
91.7% of PNM Resources shares are owned by institutional investors. Comparatively, 87.7% of Primo Water shares are owned by institutional investors. 1.4% of PNM Resources shares are owned by insiders. Comparatively, 4.4% of Primo Water 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.
PNM Resources has a beta of 0.35, meaning that its share price is 65% less volatile than the S&P 500. Comparatively, Primo Water has a beta of 1.09, meaning that its share price is 9% more volatile than the S&P 500.
Primo Water has lower revenue, but higher earnings than PNM Resources. Primo Water is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
Primo Water has a net margin of 12.22% compared to Primo Water's net margin of 4.38%. Primo Water's return on equity of 9.91% beat PNM Resources' return on equity.
PNM Resources pays an annual dividend of $1.55 per share and has a dividend yield of 4.0%. Primo Water pays an annual dividend of $0.36 per share and has a dividend yield of 1.7%. PNM Resources pays out 170.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Primo Water pays out 22.4% of its earnings in the form of a dividend. PNM Resources has raised its dividend for 13 consecutive years and Primo Water has raised its dividend for 2 consecutive years. PNM Resources is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Summary
Primo Water beats PNM Resources on 12 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding PRMW 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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