Enovix (NASDAQ:ENVX – Get Rating) and Axion Power International (OTCMKTS:AXPWQ – Get Rating) are both oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.
Volatility and Risk
Enovix has a beta of 1.18, suggesting that its share price is 18% more volatile than the S&P 500. Comparatively, Axion Power International has a beta of -3.92, suggesting that its share price is 492% less volatile than the S&P 500.
This table compares Enovix and Axion Power International’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Axion Power International||N/A||N/A||N/A|
Earnings and Valuation
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Enovix||$6.20 million||313.77||-$51.62 million||($1.45)||-8.48|
|Axion Power International||N/A||N/A||N/A||N/A||N/A|
Axion Power International has lower revenue, but higher earnings than Enovix.
This is a summary of current ratings and target prices for Enovix and Axion Power International, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Axion Power International||0||0||0||0||N/A|
Enovix presently has a consensus price target of $31.08, indicating a potential upside of 152.66%.
Institutional and Insider Ownership
55.6% of Enovix shares are held by institutional investors. 20.6% of Enovix shares are held by insiders. Comparatively, 0.1% of Axion Power International shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Enovix beats Axion Power International on 5 of the 8 factors compared between the two stocks.
Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California.
About Axion Power International
Axion Power International, Inc. develops, designs, manufactures and sells energy storage components and devices based on its patented PbC technology. It develops batteries for energy storage systems, renewable energy systems, off grid applications, automotive and other applications. The company was founded by James Adam Smith in September 2003 and is headquartered in New Castle, PA.
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