BLX vs. KEY, WED, HUT, SII, BITF, HIVE, VBNK, PTS, WFC, and ML
Should you be buying Boralex stock or one of its competitors? The main competitors of Boralex include Keyera (KEY), Westaim (WED), Hut 8 (HUT), Sprott (SII), Bitfarms (BITF), HIVE Digital Technologies (HIVE), VersaBank (VBNK), Points.com (PTS), Wall Financial (WFC), 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 investment? We will compare the two businesses based on the strength of their profitability, risk, institutional ownership, dividends, analyst recommendations, valuation, community ranking, earnings and media sentiment.
Boralex currently has a consensus target price of C$43.13, suggesting a potential upside of 63.79%. Keyera has a consensus target price of C$44.08, suggesting a potential upside of 3.59%. Given Boralex's stronger consensus rating and higher possible upside, equities analysts plainly believe Boralex is more favorable than Keyera.
58.3% of Boralex shares are owned by institutional investors. Comparatively, 44.0% of Keyera shares are owned by institutional investors. 0.2% of Boralex shares are owned by company insiders. Comparatively, 0.4% of Keyera shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Boralex has a beta of 0.46, meaning that its share price is 54% less volatile than the S&P 500. Comparatively, Keyera has a beta of 2.09, meaning that its share price is 109% more volatile than the S&P 500.
In the previous week, Boralex had 6 more articles in the media than Keyera. MarketBeat recorded 9 mentions for Boralex and 3 mentions for Keyera. Keyera's average media sentiment score of 0.13 beat Boralex's score of -0.44 indicating that Keyera is being referred to more favorably in the news media.
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.
Keyera has higher revenue and earnings than Boralex. Boralex is trading at a lower price-to-earnings ratio than Keyera, indicating that it is currently the more affordable of the two stocks.
Keyera received 150 more outperform votes than Boralex when rated by MarketBeat users. However, 62.88% of users gave Boralex an outperform vote while only 55.81% of users gave Keyera an outperform vote.
Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.5%. Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.9%. 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 12 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.
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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This page (TSE:BLX) was last updated on 1/23/2025 by MarketBeat.com Staff
