Critical Analysis: EnerNOC (ENOC) and Its Competitors
EnerNOC (NASDAQ: ENOC) is one of 118 public companies in the “Software” industry, but how does it contrast to its peers? We will compare EnerNOC to similar companies based on the strength of its earnings, analyst recommendations, risk, institutional ownership, dividends, profitability and valuation.
This is a breakdown of current recommendations for EnerNOC and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
EnerNOC presently has a consensus target price of $8.56, indicating a potential upside of 11.85%. As a group, “Software” companies have a potential upside of 9.57%. Given EnerNOC’s higher probable upside, research analysts plainly believe EnerNOC is more favorable than its peers.
This table compares EnerNOC and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider & Institutional Ownership
49.7% of EnerNOC shares are owned by institutional investors. Comparatively, 58.4% of shares of all “Software” companies are owned by institutional investors. 13.4% of EnerNOC shares are owned by insiders. Comparatively, 20.0% of shares of all “Software” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Valuation & Earnings
This table compares EnerNOC and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|EnerNOC Competitors||$1.51 billion||$446.20 million||41.55|
EnerNOC’s peers have higher revenue and earnings than EnerNOC. EnerNOC is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
EnerNOC has a beta of 0.26, indicating that its share price is 74% less volatile than the S&P 500. Comparatively, EnerNOC’s peers have a beta of 0.98, indicating that their average share price is 2% less volatile than the S&P 500.
EnerNOC peers beat EnerNOC on 10 of the 11 factors compared.
EnerNOC, Inc. is a provider of energy intelligence software (EIS) and demand response solutions. The Company’s EIS provides enterprise solutions, utility solutions and energy procurement solutions. The Company’s EIS offers enterprise customers with a Software-as-a-Service (SaaS) solutions with various areas of functionalities, including energy cost visualization, budgets, forecasts and accruals; project tracking, and demand management. Its EIS provides its utility customers with a SaaS-based customer engagement platform, which collects and processes data and enables its utility customers to provide personalized communication and recommendations to their customers. Its EIS includes an energy procurement platform that helps its enterprise and utility customers. Its procurement platform offers its enterprise and utility customers with features, such as energy contracts management. Its technology includes over two components: its EIS platform and Network Operations Center (NOC).
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