Free Trial

Boralex (BLX) Competitors

Boralex logo
C$29.84 -0.51 (-1.68%)
(As of 11/22/2024 ET)

BLX vs. KEY, HUT, SII, BITF, HIVE, WED, VBNK, WFC, PTS, and ML

Should you be buying Boralex stock or one of its competitors? The main competitors of Boralex include Keyera (KEY), Hut 8 (HUT), Sprott (SII), Bitfarms (BITF), HIVE Digital Technologies (HIVE), Westaim (WED), VersaBank (VBNK), Wall Financial (WFC), Points.com (PTS), and Millennial Lithium (ML). These companies are all part of the "banking" industry.

Boralex vs.

Keyera (TSE:KEY) and Boralex (TSE:BLX) are both energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, media sentiment, community ranking, analyst recommendations and earnings.

Keyera has higher revenue and earnings than Boralex. Keyera is trading at a lower price-to-earnings ratio than Boralex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
KeyeraC$7B1.55C$340.40MC$1.4931.81
BoralexC$959M3.20C$95MC$0.9332.09

Boralex has a net margin of 9.91% compared to Keyera's net margin of 4.86%. Keyera's return on equity of 12.02% beat Boralex's return on equity.

Company Net Margins Return on Equity Return on Assets
Keyera4.86% 12.02% 6.15%
Boralex 9.91%6.69%2.54%

Keyera presently has a consensus price target of C$42.58, indicating a potential downside of 10.14%. Boralex has a consensus price target of C$43.38, indicating a potential upside of 45.36%. Given Boralex's stronger consensus rating and higher possible upside, analysts clearly believe Boralex is more favorable than Keyera.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Keyera
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.82
Boralex
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
3.29

44.0% of Keyera shares are held by institutional investors. Comparatively, 58.3% of Boralex shares are held by institutional investors. 0.4% of Keyera shares are held by insiders. Comparatively, 0.2% of Boralex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.4%. Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.2%. Keyera pays out 139.6% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Boralex pays out 71.0% of its earnings in the form of a dividend.

Keyera has a beta of 2.09, indicating that its share price is 109% more volatile than the S&P 500. Comparatively, Boralex has a beta of 0.46, indicating that its share price is 54% less volatile than the S&P 500.

In the previous week, Keyera had 8 more articles in the media than Boralex. MarketBeat recorded 20 mentions for Keyera and 12 mentions for Boralex. Keyera's average media sentiment score of 0.92 beat Boralex's score of -0.35 indicating that Keyera is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Keyera
6 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boralex
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

Keyera received 148 more outperform votes than Boralex when rated by MarketBeat users. However, 62.82% of users gave Boralex an outperform vote while only 55.79% of users gave Keyera an outperform vote.

CompanyUnderperformOutperform
KeyeraOutperform Votes
540
55.79%
Underperform Votes
428
44.21%
BoralexOutperform Votes
392
62.82%
Underperform Votes
232
37.18%

Summary

Keyera beats Boralex on 12 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.
Skip Chart

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.
Skip Chart

BLX vs. The Competition

MetricBoralexUtilities IndustryUtilities SectorTSE Exchange
Market CapC$3.07BC$1.26BC$14.30BC$6.26B
Dividend Yield1.89%4.89%4.07%5.44%
P/E Ratio32.09124.25102.7825.75
Price / Sales3.20144.4925.811,455.32
Price / Cash6.3638.1018.5784.51
Price / Book1.811.312.312.77
Net IncomeC$95MC$83.06MC$618.57MC$290.02M
7 Day Performance-6.16%-1.15%0.85%2.17%
1 Month Performance-16.69%-4.22%-0.32%0.67%
1 Year Performance0.95%-5.24%11.56%33.15%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
3.5694 of 5 stars
C$29.84
-1.7%
C$43.38
+45.4%
-0.1%C$3.07BC$959M32.09180
KEY
Keyera
2.2481 of 5 stars
C$47.53
+2.3%
C$42.58
-10.4%
+45.0%C$10.89BC$7B31.9017,500High Trading Volume
HUT
Hut 8
N/AC$32.80
-3.9%
N/A+1,272.7%C$3.06BC$171.99M-30.65219Gap Up
SII
Sprott
1.2412 of 5 stars
C$61.55
+0.1%
C$67.00
+8.9%
+46.2%C$1.56BC$182.34M28.07170Dividend Increase
BITF
Bitfarms
2.4798 of 5 stars
C$2.87
-5.3%
C$6.50
+126.5%
+86.2%C$1.30BC$172.70M-5.64110News Coverage
Gap Down
High Trading Volume
HIVE
HIVE Digital Technologies
0.4776 of 5 stars
C$5.64
-2.4%
C$9.00
+59.6%
+46.1%C$669.58MC$123.14M-12.0420Gap Up
High Trading Volume
WED
Westaim
0.1592 of 5 stars
C$4.97
+1.2%
C$4.75
-4.4%
+29.9%C$637.01MC$104.22M7.653,240
VBNK
VersaBank
0.7675 of 5 stars
N/AC$12.00
+∞
+123.2%C$619.41MC$113.82M13.58100High Trading Volume
WFC
Wall Financial
N/AC$18.01
-2.6%
N/A-6.8%C$579.02MC$186.46M23.39238,000News Coverage
PTS
Points.com
N/AN/AN/AN/AC$480.57MC$432.40M169.26240,000
ML
Millennial Lithium
N/AC$4.04
+2.0%
N/A+0.0%C$395.36MN/A-20.20560Gap Down

Related Companies and Tools


This page (TSE:BLX) was last updated on 11/23/2024 by MarketBeat.com Staff
From Our Partners