Reviewing New Fortress Energy (NFE) & The Competition

New Fortress Energy (NASDAQ:NFE – Get Free Report) is one of 1,051 publicly-traded companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its competitors? We will compare New Fortress Energy to related companies based on the strength of its risk, institutional ownership, dividends, valuation, profitability, analyst recommendations and earnings.

Valuation and Earnings

This table compares New Fortress Energy and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
New Fortress Energy $1.27 billion -$1.84 billion -0.03
New Fortress Energy Competitors $273.12 billion $5.52 billion -0.95

New Fortress Energy’s competitors have higher revenue and earnings than New Fortress Energy. New Fortress Energy is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings for New Fortress Energy and its competitors, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Fortress Energy 1 1 0 0 1.50
New Fortress Energy Competitors 5982 26999 40857 2423 2.52

As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 28.66%. Given New Fortress Energy’s competitors stronger consensus rating and higher probable upside, analysts plainly believe New Fortress Energy has less favorable growth aspects than its competitors.

Dividends

New Fortress Energy pays an annual dividend of $0.10 per share and has a dividend yield of 2.4%. New Fortress Energy pays out -0.1% of its earnings in the form of a dividend. As a group, “Oil, Gas & Consumable Fuels” companies pay a dividend yield of 9.1% and pay out -125.5% of their earnings in the form of a dividend. New Fortress Energy lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Volatility & Risk

New Fortress Energy has a beta of 1.44, meaning that its stock price is 44% more volatile than the S&P 500. Comparatively, New Fortress Energy’s competitors have a beta of -3.75, meaning that their average stock price is 475% less volatile than the S&P 500.

Institutional and Insider Ownership

58.6% of New Fortress Energy shares are owned by institutional investors. Comparatively, 30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by institutional investors. 29.4% of New Fortress Energy shares are owned by insiders. Comparatively, 15.5% of shares of all “Oil, Gas & Consumable Fuels” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares New Fortress Energy and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
New Fortress Energy -149.40% -795.34% -17.27%
New Fortress Energy Competitors -455.90% 20.13% 6.34%

Summary

New Fortress Energy competitors beat New Fortress Energy on 10 of the 15 factors compared.

About New Fortress Energy

(Get Free Report)

New Fortress Energy Inc. operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units (FRSU) and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; Dual-fired combined heat and power facility in Clarendon, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; and LNG receiving facility and gas-fired power plant in Baja Califrnia Sur, Mexico, as well as a Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.

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