Enlight Renewable Energy (ENLT) versus Its Peers Head to Head Contrast

Enlight Renewable Energy (NASDAQ:ENLT) is one of 87 publicly-traded companies in the “Utilities – Renewable” industry, but how does it weigh in compared to its competitors? We will compare Enlight Renewable Energy to similar businesses based on the strength of its risk, earnings, dividends, analyst recommendations, valuation, profitability and institutional ownership.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Enlight Renewable Energy and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Enlight Renewable Energy	0	1	2	0	2.67
Enlight Renewable Energy Competitors	151	912	1157	78	2.51

Enlight Renewable Energy presently has a consensus price target of $19.00, suggesting a potential upside of 12.29%. As a group, “Utilities – Renewable” companies have a potential upside of 92.45%. Given Enlight Renewable Energy’s competitors higher possible upside, analysts clearly believe Enlight Renewable Energy has less favorable growth aspects than its competitors.

Insider and Institutional Ownership

38.9% of Enlight Renewable Energy shares are owned by institutional investors. Comparatively, 29.0% of shares of all “Utilities – Renewable” companies are owned by institutional investors. 29.4% of shares of all “Utilities – Renewable” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Earnings & Valuation

This table compares Enlight Renewable Energy and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Enlight Renewable Energy	$255.70 million	$70.92 million	29.68
Enlight Renewable Energy Competitors	$1.06 billion	$68.83 million	-2.71

Enlight Renewable Energy’s competitors have higher revenue, but lower earnings than Enlight Renewable Energy. Enlight Renewable Energy is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Enlight Renewable Energy and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Enlight Renewable Energy	27.74%	5.09%	1.74%
Enlight Renewable Energy Competitors	-6.71%	-1.67%	0.89%

Summary

Enlight Renewable Energy beats its competitors on 8 of the 12 factors compared.

About Enlight Renewable Energy

Enlight Renewable Energy Ltd operates as a renewable energy platform in Israel and internationally. The company initiates, plans, develops, constructs, and operates projects to produce electricity from renewable energy sources. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh HaAyin, Israel.