Sunnova Energy International (NYSE: NOVA) is one of 27 public companies in the “Electric & other services combined” industry, but how does it contrast to its rivals? We will compare Sunnova Energy International to similar companies based on the strength of its risk, earnings, profitability, analyst recommendations, valuation, institutional ownership and dividends.
Insider and Institutional Ownership
92.1% of Sunnova Energy International shares are owned by institutional investors. Comparatively, 70.2% of shares of all “Electric & other services combined” companies are owned by institutional investors. 4.4% of shares of all “Electric & other services combined” companies 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.
Sunnova Energy International has a beta of 1.64, suggesting that its share price is 64% more volatile than the S&P 500. Comparatively, Sunnova Energy International’s rivals have a beta of 0.40, suggesting that their average share price is 60% less volatile than the S&P 500.
This is a breakdown of current recommendations for Sunnova Energy International and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Sunnova Energy International||0||0||1||0||3.00|
|Sunnova Energy International Competitors||457||1927||1379||14||2.25|
As a group, “Electric & other services combined” companies have a potential upside of 17.31%. Given Sunnova Energy International’s rivals higher possible upside, analysts clearly believe Sunnova Energy International has less favorable growth aspects than its rivals.
This table compares Sunnova Energy International and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Sunnova Energy International||-106.01%||-23.98%||-5.95%|
|Sunnova Energy International Competitors||0.68%||10.07%||2.38%|
Valuation and Earnings
This table compares Sunnova Energy International and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Sunnova Energy International||$131.56 million||-$144.35 million||-8.90|
|Sunnova Energy International Competitors||$9.27 billion||$442.61 million||15.29|
Sunnova Energy International’s rivals have higher revenue and earnings than Sunnova Energy International. Sunnova Energy International is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Sunnova Energy International rivals beat Sunnova Energy International on 9 of the 13 factors compared.
Sunnova Energy International Company Profile
Sunnova Energy International Inc. provides residential solar and energy storage services in the United States. The company offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and diagnostics services. It operates a fleet of residential solar energy systems with a generation capacity of approximately 572 megawatts serving approximately 80,000 customers. Sunnova Energy International Inc. was founded in 2012 and is headquartered in Houston, Texas.
Receive News & Ratings for Sunnova Energy International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sunnova Energy International and related companies with MarketBeat.com's FREE daily email newsletter.