WEC Energy Group (NYSE:WEC) versus Alternus Clean Energy (NASDAQ:ALCE) Financial Survey

WEC Energy Group (NYSE:WEC) and Alternus Clean Energy (NASDAQ:ALCE) are both utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, analyst recommendations and earnings.

Earnings & Valuation

This table compares WEC Energy Group and Alternus Clean Energy”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
WEC Energy Group	$8.53 billion	3.54	$1.33 billion	$4.09	23.37
Alternus Clean Energy	$20.08 million	0.42	-$69.46 million	N/A	N/A

WEC Energy Group has higher revenue and earnings than Alternus Clean Energy.

Profitability

This table compares WEC Energy Group and Alternus Clean Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
WEC Energy Group	15.14%	11.72%	3.24%
Alternus Clean Energy	N/A	N/A	N/A

Insider & Institutional Ownership

77.2% of WEC Energy Group shares are owned by institutional investors. 0.3% of WEC Energy Group shares are owned by company insiders. Comparatively, 0.1% of Alternus Clean Energy shares are owned 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.

Volatility and Risk

WEC Energy Group has a beta of 0.44, indicating that its stock price is 56% less volatile than the S&P 500. Comparatively, Alternus Clean Energy has a beta of -0.64, indicating that its stock price is 164% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for WEC Energy Group and Alternus Clean Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
WEC Energy Group	3	4	4	0	2.09
Alternus Clean Energy	0	0	0	0	N/A

WEC Energy Group presently has a consensus target price of $94.45, suggesting a potential downside of 1.17%. Given WEC Energy Group’s higher possible upside, equities analysts clearly believe WEC Energy Group is more favorable than Alternus Clean Energy.

Summary

WEC Energy Group beats Alternus Clean Energy on 11 of the 11 factors compared between the two stocks.

About WEC Energy Group

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.

About Alternus Clean Energy

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.