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Boralex (BLX) Competitors

Boralex logo
C$29.21 +0.18 (+0.62%)
(As of 01:00 PM ET)

BLX vs. KEY, HUT, SII, BITF, WED, WFC, HIVE, VBNK, 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), Westaim (WED), Wall Financial (WFC), HIVE Digital Technologies (HIVE), VersaBank (VBNK), Points.com (PTS), and Millennial Lithium (ML). These companies are all part of the "banking" industry.

Boralex vs.

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

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
BoralexC$959M3.11C$95MC$0.9331.22
KeyeraC$7B1.42C$340.40MC$1.4929.06

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

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

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
Boralex9.91% 6.69% 2.54%
Keyera 4.86%12.02%6.15%

Keyera received 151 more outperform votes than Boralex when rated by MarketBeat users. However, 62.82% of users gave Boralex an outperform vote while only 55.86% of users gave Keyera an outperform vote.

CompanyUnderperformOutperform
BoralexOutperform Votes
392
62.82%
Underperform Votes
232
37.18%
KeyeraOutperform Votes
543
55.86%
Underperform Votes
429
44.14%

In the previous week, Keyera had 1 more articles in the media than Boralex. MarketBeat recorded 1 mentions for Keyera and 0 mentions for Boralex. Boralex's average media sentiment score of 0.00 beat Keyera's score of -0.29 indicating that Boralex is being referred to more favorably in the media.

Company Overall Sentiment
Boralex Neutral
Keyera Neutral

Boralex currently has a consensus price target of C$43.38, indicating a potential upside of 49.41%. Keyera has a consensus price target of C$43.62, indicating a potential upside of 0.73%. Given Boralex's stronger consensus rating and higher probable upside, research analysts clearly believe Boralex is more favorable than Keyera.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Boralex
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
3.29
Keyera
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.3%. Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.8%. Boralex pays out 71.0% of its earnings in the form of a dividend. 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.

Summary

Keyera beats Boralex on 11 of the 21 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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BLX vs. The Competition

MetricBoralexUtilities IndustryUtilities SectorTSE Exchange
Market CapC$2.98BC$1.31BC$14.08BC$6.07B
Dividend Yield1.89%4.81%4.13%5.39%
P/E Ratio31.22117.5995.6825.69
Price / Sales3.11139.8123.151,384.90
Price / Cash6.3640.6918.4682.06
Price / Book1.761.262.213.10
Net IncomeC$95MC$94.25MC$636.50MC$293.70M
7 Day Performance-1.79%-0.85%-1.13%-1.15%
1 Month Performance-2.71%-2.99%-3.12%-0.37%
1 Year Performance-12.69%-9.44%1.70%34.18%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
2.8793 of 5 stars
C$29.21
+0.6%
C$43.38
+48.5%
-12.7%C$3.00BC$959M31.41180
KEY
Keyera
1.7973 of 5 stars
C$43.20
+0.9%
C$43.62
+1.0%
+36.7%C$9.90BC$7B28.9917,500
HUT
Hut 8
N/AC$31.15
-8.4%
N/A+58.2%C$2.91BC$171.99M-29.11219
SII
Sprott
1.8027 of 5 stars
C$60.38
-1.1%
C$67.00
+11.0%
+34.0%C$1.53BC$182.34M27.57170
BITF
Bitfarms
2.3826 of 5 stars
C$2.30
-5.3%
C$6.50
+182.6%
-41.7%C$1.04BC$172.70M-4.60110
WED
Westaim
1.7548 of 5 stars
C$5.09
-1.4%
C$7.75
+52.3%
+32.8%C$652.39MC$104.22M7.833,240Positive News
WFC
Wall Financial
N/AC$16.50
-6.3%
N/A-12.5%C$530.48MC$186.46M21.43238,000Negative News
Gap Down
HIVE
HIVE Digital Technologies
0.283 of 5 stars
C$4.30
-3.4%
C$9.00
+109.3%
-35.7%C$510.50MC$123.14M-8.9620
VBNK
VersaBank
0.5826 of 5 stars
C$19.30
-0.2%
C$20.00
+3.6%
+38.9%C$501.03MC$113.82M10.97100
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

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This page (TSE:BLX) was last updated on 12/24/2024 by MarketBeat.com Staff
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