NeoVolta (NASDAQ:NEOV) vs. Crescent Energy (NYSE:CRGY) Critical Review

NeoVolta (NASDAQ:NEOV) and Crescent Energy (NYSE:CRGY) are both energy companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Analyst Ratings

This is a summary of current ratings and price targets for NeoVolta and Crescent Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NeoVolta	1	2	1	0	2.00
Crescent Energy	1	3	8	2	2.79

NeoVolta currently has a consensus target price of $8.00, suggesting a potential upside of 273.83%. Crescent Energy has a consensus target price of $15.82, suggesting a potential upside of 50.22%. Given NeoVolta’s higher possible upside, research analysts clearly believe NeoVolta is more favorable than Crescent Energy.

Insider & Institutional Ownership

5.1% of NeoVolta shares are held by institutional investors. Comparatively, 52.1% of Crescent Energy shares are held by institutional investors. 4.0% of NeoVolta shares are held by insiders. Comparatively, 13.2% of Crescent Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares NeoVolta and Crescent Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NeoVolta	-63.35%	-141.89%	-89.61%
Crescent Energy	-7.47%	8.10%	3.47%

Earnings and Valuation

This table compares NeoVolta and Crescent Energy”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NeoVolta	$8.43 million	10.84	-$5.03 million	($0.33)	-6.48
Crescent Energy	$3.81 billion	0.91	$132.91 million	($0.75)	-14.04

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

Volatility and Risk

NeoVolta has a beta of -0.92, indicating that its share price is 192% less volatile than the S&P 500. Comparatively, Crescent Energy has a beta of 1.37, indicating that its share price is 37% more volatile than the S&P 500.

Summary

Crescent Energy beats NeoVolta on 11 of the 15 factors compared between the two stocks.

About NeoVolta

NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.

About Crescent Energy

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers. The company is based in Houston, Texas.