TA vs. CPX, BEP.UN, BLX, SPB, ACO.X, INE, NPI, AQN, BIPC, and CU
Should you be buying TransAlta stock or one of its competitors? The main competitors of TransAlta include Capital Power (CPX), Brookfield Renewable Partners (BEP.UN), Boralex (BLX), Superior Plus (SPB), ATCO (ACO.X), Innergex Renewable Energy (INE), Northland Power (NPI), Algonquin Power & Utilities (AQN), Brookfield Infrastructure (BIPC), and Canadian Utilities (CU). These companies are all part of the "utilities" sector.
TransAlta (TSE:TA) and Capital Power (TSE:CPX) are both mid-cap utilities companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, risk, analyst recommendations, profitability, institutional ownership, dividends, community ranking and earnings.
TransAlta has a beta of 0.87, indicating that its share price is 13% less volatile than the S&P 500. Comparatively, Capital Power has a beta of 0.58, indicating that its share price is 42% less volatile than the S&P 500.
In the previous week, TransAlta had 1 more articles in the media than Capital Power. MarketBeat recorded 2 mentions for TransAlta and 1 mentions for Capital Power. Capital Power's average media sentiment score of 0.84 beat TransAlta's score of 0.38 indicating that Capital Power is being referred to more favorably in the news media.
TransAlta pays an annual dividend of C$0.24 per share and has a dividend yield of 2.4%. Capital Power pays an annual dividend of C$2.46 per share and has a dividend yield of 6.4%. TransAlta pays out 12.3% of its earnings in the form of a dividend. Capital Power pays out 47.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.
Capital Power received 41 more outperform votes than TransAlta when rated by MarketBeat users. However, 53.21% of users gave TransAlta an outperform vote while only 53.06% of users gave Capital Power an outperform vote.
TransAlta presently has a consensus target price of C$15.22, indicating a potential upside of 54.85%. Capital Power has a consensus target price of C$44.45, indicating a potential upside of 16.34%. Given TransAlta's stronger consensus rating and higher probable upside, analysts plainly believe TransAlta is more favorable than Capital Power.
Capital Power has higher revenue and earnings than TransAlta. TransAlta is trading at a lower price-to-earnings ratio than Capital Power, indicating that it is currently the more affordable of the two stocks.
TransAlta has a net margin of 19.39% compared to Capital Power's net margin of 16.78%. TransAlta's return on equity of 33.61% beat Capital Power's return on equity.
66.5% of TransAlta shares are held by institutional investors. Comparatively, 19.6% of Capital Power shares are held by institutional investors. 0.2% of TransAlta shares are held by company insiders. Comparatively, 0.2% of Capital Power shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
TransAlta beats Capital Power on 13 of the 21 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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