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Boralex (BLX) Competitors

Boralex logo
C$33.29 +0.49 (+1.49%)
(As of 11:54 AM ET)

BLX vs. KEY, HUT, SII, BITF, HIVE, WED, WFC, 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), HIVE Digital Technologies (HIVE), Westaim (WED), Wall Financial (WFC), 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 utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, risk, analyst recommendations, media sentiment, dividends, profitability, valuation and earnings.

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%

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.

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 company insiders. Comparatively, 0.4% of Keyera shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Keyera had 1 more articles in the media than Boralex. MarketBeat recorded 3 mentions for Keyera and 2 mentions for Boralex. Boralex's average media sentiment score of 0.66 beat Keyera's score of 0.26 indicating that Boralex is being referred to more favorably in the media.

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

Boralex presently has a consensus target price of C$43.50, suggesting a potential upside of 32.62%. Keyera has a consensus target price of C$41.50, suggesting a potential downside of 7.59%. 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)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.82

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$959M3.51C$95MC$0.9335.27
KeyeraC$7B1.47C$340.40MC$1.4930.14

Keyera received 148 more outperform votes than Boralex when rated by MarketBeat users. However, 63.02% of users gave Boralex an outperform vote while only 56.02% of users gave Keyera an outperform vote.

CompanyUnderperformOutperform
BoralexOutperform Votes
392
63.02%
Underperform Votes
230
36.98%
KeyeraOutperform Votes
540
56.02%
Underperform Votes
424
43.98%

Boralex pays an annual dividend of C$0.66 per share and has a dividend yield of 2.0%. Keyera pays an annual dividend of C$2.08 per share and has a dividend yield of 4.6%. 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$3.37BC$1.23BC$12.12BC$6.21B
Dividend Yield1.89%4.65%4.07%5.00%
P/E Ratio35.27122.83101.2726.96
Price / Sales3.51147.3533.391,298.31
Price / Cash6.3636.4418.3283.80
Price / Book1.991.432.273.12
Net IncomeC$95MC$78.18MC$615.03MC$292.72M
7 Day Performance-1.38%-0.97%-0.54%-1.80%
1 Month Performance-4.98%0.16%-0.41%-0.93%
1 Year Performance9.44%-3.38%9.76%42.56%

Boralex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BLX
Boralex
3.6274 of 5 stars
C$33.29
+1.5%
C$43.50
+30.7%
+15.6%C$3.42BC$959M35.80180News Coverage
KEY
Keyera
2.2905 of 5 stars
C$44.91
+1.9%
N/A+40.4%C$10.29BC$7B30.1417,500News Coverage
HUT
Hut 8
N/AC$34.72
+4.4%
N/A+1,144.4%C$3.24BC$171.99M-32.45219Analyst Revision
Gap Up
High Trading Volume
SII
Sprott
2.3815 of 5 stars
C$59.30
-0.6%
N/A+46.1%C$1.51BC$182.34M27.08170Dividend Increase
BITF
Bitfarms
2.5843 of 5 stars
C$3.19
-15.4%
N/A+105.8%C$1.44BC$172.70M-6.38110News Coverage
High Trading Volume
HIVE
HIVE Digital Technologies
0.4958 of 5 stars
C$6.57
-10.6%
N/A+66.8%C$779.99MC$123.14M-13.6920Gap Up
High Trading Volume
WED
Westaim
0.263 of 5 stars
C$5.04
-1.2%
N/A+34.4%C$645.98MC$104.22M7.753,240News Coverage
Gap Down
WFC
Wall Financial
N/AC$18.90
-1.6%
N/A-0.7%C$607.64MC$186.46M24.55238,000Gap Down
VBNK
VersaBank
0.7929 of 5 stars
C$23.16
+1.1%
N/A+126.0%C$601.23MC$113.82M13.16100
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 11/14/2024 by MarketBeat.com Staff
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