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Algonquin Power & Utilities (AQN) Competitors

Algonquin Power & Utilities logo
C$6.59 -0.07 (-1.05%)
(As of 11/20/2024 ET)

AQN vs. EMA, BIPC, BEPC, TA, RNW, UNS, ORA, ET, POM, and NFG

Should you be buying Algonquin Power & Utilities stock or one of its competitors? The main competitors of Algonquin Power & Utilities include Emera (EMA), Brookfield Infrastructure (BIPC), Brookfield Renewable (BEPC), TransAlta (TA), TransAlta Renewables (RNW), Uni-Select (UNS), Aura Minerals (ORA), Evertz Technologies (ET), PolyMet Mining (POM), and New Found Gold (NFG). These companies are all part of the "utilities" industry.

Algonquin Power & Utilities vs.

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

Emera has a beta of 0.35, indicating that its share price is 65% less volatile than the S&P 500. Comparatively, Algonquin Power & Utilities has a beta of 0.52, indicating that its share price is 48% less volatile than the S&P 500.

28.1% of Emera shares are held by institutional investors. Comparatively, 62.0% of Algonquin Power & Utilities shares are held by institutional investors. 0.1% of Emera shares are held by insiders. Comparatively, 0.1% of Algonquin Power & Utilities shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EmeraC$7.35B2.03C$725.70MC$2.5720.16
Algonquin Power & UtilitiesC$2.63B1.92C$114.08MC$0.2229.95

Emera received 69 more outperform votes than Algonquin Power & Utilities when rated by MarketBeat users. However, 72.75% of users gave Algonquin Power & Utilities an outperform vote while only 58.41% of users gave Emera an outperform vote.

CompanyUnderperformOutperform
EmeraOutperform Votes
587
58.41%
Underperform Votes
418
41.59%
Algonquin Power & UtilitiesOutperform Votes
518
72.75%
Underperform Votes
194
27.25%

Emera currently has a consensus price target of C$52.10, suggesting a potential upside of 0.58%. Algonquin Power & Utilities has a consensus price target of C$5.50, suggesting a potential downside of 16.54%. Given Emera's higher possible upside, equities research analysts clearly believe Emera is more favorable than Algonquin Power & Utilities.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Emera
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40
Algonquin Power & Utilities
0 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.40

In the previous week, Emera had 3 more articles in the media than Algonquin Power & Utilities. MarketBeat recorded 7 mentions for Emera and 4 mentions for Algonquin Power & Utilities. Emera's average media sentiment score of 0.70 beat Algonquin Power & Utilities' score of -0.66 indicating that Emera is being referred to more favorably in the media.

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

Emera has a net margin of 10.83% compared to Algonquin Power & Utilities' net margin of 4.70%. Emera's return on equity of 6.60% beat Algonquin Power & Utilities' return on equity.

Company Net Margins Return on Equity Return on Assets
Emera10.83% 6.60% 2.30%
Algonquin Power & Utilities 4.70%0.24%1.59%

Emera pays an annual dividend of C$2.90 per share and has a dividend yield of 5.6%. Algonquin Power & Utilities pays an annual dividend of C$0.36 per share and has a dividend yield of 5.5%. Emera pays out 112.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Algonquin Power & Utilities pays out 163.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Emera is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Emera beats Algonquin Power & Utilities on 15 of the 20 factors compared between the two stocks.

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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 TSE 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 & UtilitiesUtilities IndustryUtilities SectorTSE Exchange
Market CapC$5.05BC$1.25BC$12.37BC$6.20B
Dividend Yield5.05%4.65%4.04%5.29%
P/E Ratio29.95123.5097.4826.73
Price / Sales1.92140.9830.911,519.91
Price / Cash59.5237.9718.3983.41
Price / Book0.841.362.323.30
Net IncomeC$114.08MC$82.61MC$616.62MC$298.30M
7 Day Performance-0.60%-2.60%0.20%0.99%
1 Month Performance-7.70%4.57%-0.17%-1.46%
1 Year Performance-20.79%-7.33%9.02%42.68%

Algonquin Power & Utilities Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AQN
Algonquin Power & Utilities
1.7989 of 5 stars
C$6.59
-1.1%
C$5.50
-16.5%
-20.8%C$5.05BC$2.63B29.953,440
EMA
Emera
0.8366 of 5 stars
C$51.80
-0.2%
C$52.10
+0.6%
+5.9%C$14.94BC$7.35B20.167,120
BIPC
Brookfield Infrastructure
N/A60.65
+1.4%
N/A+38.8%$8.01B$3.28B4.511,700
BEPC
Brookfield Renewable
N/A43.81
+2.1%
N/A+21.6%$7.87B$4.71B7.711,890
TA
TransAlta
2.7529 of 5 stars
C$14.37
-0.7%
C$16.17
+12.5%
+24.3%C$4.28BC$3.17B7.561,257Analyst Revision
RNW
TransAlta Renewables
N/AN/AN/AN/AC$3.33BC$496M41.601,680
UNS
Uni-Select
N/AN/AN/AN/AC$2.10BC$1.77B24.355,200
ORA
Aura Minerals
2.2699 of 5 stars
N/AC$16.00
+∞
N/AC$1.22BC$501.45M-26.941,480Dividend Cut
Insider Trade
ET
Evertz Technologies
3.88 of 5 stars
C$12.07
-0.8%
C$15.50
+28.4%
-1.5%C$918.65MC$500.44M14.3712,600News Coverage
POM
PolyMet Mining
N/AN/AN/AN/AC$556.16MN/A-10.595,184
NFG
New Found Gold
N/AC$2.28
-8.1%
N/A-53.4%C$450.57MN/A-6.002,130High Trading Volume

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This page (TSE:AQN) was last updated on 11/21/2024 by MarketBeat.com Staff
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