Zeo Energy (NASDAQ:ZEO – Get Free Report) and Enovix (NASDAQ:ENVX – Get Free Report) are both oils/energy companies, but which is the better stock? We will compare the two companies based on the strength of their earnings, risk, valuation, profitability, institutional ownership, dividends and analyst recommendations.
Insider and Institutional Ownership
50.9% of Enovix shares are owned by institutional investors. 4.2% of Zeo Energy shares are owned by insiders. Comparatively, 15.7% of Enovix shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Volatility and Risk
Zeo Energy has a beta of -0.8, indicating that its stock price is 180% less volatile than the S&P 500. Comparatively, Enovix has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Zeo Energy | $110.07 million | 0.81 | -$3.00 million | N/A | N/A |
Enovix | $20.74 million | 97.67 | -$214.07 million | ($1.61) | -7.07 |
Zeo Energy has higher revenue and earnings than Enovix.
Profitability
This table compares Zeo Energy and Enovix’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Zeo Energy | N/A | -21.30% | -3.63% |
Enovix | -1,180.21% | -102.19% | -42.53% |
Analyst Ratings
This is a summary of recent ratings and recommmendations for Zeo Energy and Enovix, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Zeo Energy | 0 | 0 | 0 | 0 | 0.00 |
Enovix | 0 | 2 | 8 | 1 | 2.91 |
Enovix has a consensus target price of $20.50, suggesting a potential upside of 80.14%. Given Enovix’s stronger consensus rating and higher probable upside, analysts clearly believe Enovix is more favorable than Zeo Energy.
Summary
Enovix beats Zeo Energy on 8 of the 13 factors compared between the two stocks.
About Zeo Energy
Zeo Energy Corp. provides residential solar energy systems, other energy efficient equipment, and related services in Florida, Texas, Arkansas, and Missouri, the United States. The company is involved in the selling and installing of residential solar energy systems that homeowners use electricity required to power their homes. Its residential solar energy systems comprise solar panels, inverters, and racking systems. It also offers insulation services, such as adding insulation to a home's attic or walls; energy efficiency equipment, including hybrid electric water heaters and swimming pool pumps; battery-based energy storage systems; and roofing services. Zeo Energy Corp. was founded in 2005 and is headquartered in New Port Richey, Florida.
About Enovix
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.
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