SiTime (NASDAQ:SITM) vs. Spruce Power (NYSE:SPRU) Head to Head Analysis

SiTime (NASDAQ:SITMGet Free Report) and Spruce Power (NYSE:SPRUGet Free Report) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, risk, dividends, profitability and institutional ownership.

Insider and Institutional Ownership

84.3% of SiTime shares are held by institutional investors. Comparatively, 20.8% of Spruce Power shares are held by institutional investors. 1.4% of SiTime shares are held by company insiders. Comparatively, 12.7% of Spruce Power shares are held by company 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.

Analyst Recommendations

This is a summary of current recommendations for SiTime and Spruce Power, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SiTime 1 0 8 1 2.90
Spruce Power 1 0 0 0 1.00

SiTime currently has a consensus price target of $661.88, indicating a potential downside of 6.14%. Given SiTime’s stronger consensus rating and higher possible upside, equities analysts plainly believe SiTime is more favorable than Spruce Power.

Risk and Volatility

SiTime has a beta of 2.94, indicating that its stock price is 194% more volatile than the S&P 500. Comparatively, Spruce Power has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500.

Profitability

This table compares SiTime and Spruce Power’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SiTime -6.38% 0.53% 0.47%
Spruce Power -12.22% -10.95% -1.60%

Earnings & Valuation

This table compares SiTime and Spruce Power”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SiTime $326.66 million 56.99 -$42.90 million ($1.01) -698.22
Spruce Power $111.81 million 0.44 -$26.03 million ($0.76) -3.59

Spruce Power has lower revenue, but higher earnings than SiTime. SiTime is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.

Summary

SiTime beats Spruce Power on 11 of the 15 factors compared between the two stocks.

About SiTime

(Get Free Report)

SiTime Corporation designs, develops, and sells silicon timing systems solutions in Taiwan, Hong Kong, the United States, Singapore, and internationally. The company provides resonators and clock integrated circuits, and various types of oscillators. It serves various markets, including communications, datacenter, enterprise, automotive, industrial, internet of things, mobile, consumer, and aerospace and defense. The company sells its products directly to customers, distributors, and resellers. SiTime Corporation was incorporated in 2003 and is based in Santa Clara, California.

About Spruce Power

(Get Free Report)

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.

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