ReNew Energy Global (NASDAQ:RNW) and SUNation Energy (NASDAQ:SUNE) Head to Head Comparison

ReNew Energy Global (NASDAQ:RNWGet Free Report) and SUNation Energy (NASDAQ:SUNEGet Free Report) are both small-cap energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, institutional ownership, dividends, risk, valuation and profitability.

Insider & Institutional Ownership

43.6% of ReNew Energy Global shares are owned by institutional investors. Comparatively, 4.2% of SUNation Energy shares are owned by institutional investors. 8.7% of ReNew Energy Global shares are owned by company insiders. Comparatively, 0.0% of SUNation Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Risk and Volatility

ReNew Energy Global has a beta of 0.99, indicating that its share price is 1% less volatile than the S&P 500. Comparatively, SUNation Energy has a beta of 2.79, indicating that its share price is 179% more volatile than the S&P 500.

Profitability

This table compares ReNew Energy Global and SUNation Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
ReNew Energy Global 6.95% 10.50% 1.45%
SUNation Energy -15.15% -52.50% -23.37%

Valuation & Earnings

This table compares ReNew Energy Global and SUNation Energy”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ReNew Energy Global $1.14 billion 1.61 $45.00 million $0.42 12.02
SUNation Energy $71.91 million 0.06 -$10.89 million ($108.16) -0.01

ReNew Energy Global has higher revenue and earnings than SUNation Energy. SUNation Energy is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current recommendations for ReNew Energy Global and SUNation Energy, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ReNew Energy Global 1 1 0 0 1.50
SUNation Energy 1 0 0 0 1.00

ReNew Energy Global currently has a consensus target price of $6.52, suggesting a potential upside of 29.01%. Given ReNew Energy Global’s stronger consensus rating and higher possible upside, equities research analysts clearly believe ReNew Energy Global is more favorable than SUNation Energy.

Summary

ReNew Energy Global beats SUNation Energy on 12 of the 13 factors compared between the two stocks.

About ReNew Energy Global

(Get Free Report)

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.

About SUNation Energy

(Get Free Report)

SUNation Energy Inc. is focused on local and regional solar, storage and energy services companies. Its portfolio of brands provides homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage and grid services. SUNation Energy Inc., formerly known as Pineapple Energy, is based in RONKONKOMA, N.Y.

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