Evergy (NASDAQ:EVRG) vs. SolarBank (NASDAQ:SUUN) Head-To-Head Comparison

SolarBank (NASDAQ:SUUNGet Free Report) and Evergy (NASDAQ:EVRGGet Free Report) are both oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their risk, analyst recommendations, institutional ownership, earnings, valuation, dividends and profitability.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for SolarBank and Evergy, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarBank 0 0 1 0 3.00
Evergy 0 1 8 0 2.89

SolarBank presently has a consensus target price of $6.00, indicating a potential upside of 51.13%. Evergy has a consensus target price of $65.36, indicating a potential downside of 2.83%. Given SolarBank’s stronger consensus rating and higher probable upside, equities analysts plainly believe SolarBank is more favorable than Evergy.

Insider and Institutional Ownership

87.2% of Evergy shares are held by institutional investors. 3.3% of Evergy 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.

Profitability

This table compares SolarBank and Evergy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SolarBank -10.64% -15.19% -6.41%
Evergy 14.77% 8.77% 2.72%

Valuation and Earnings

This table compares SolarBank and Evergy”s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SolarBank $43.08 million 2.93 -$2.56 million ($0.22) -18.05
Evergy $5.51 billion 2.81 $731.30 million $3.70 18.18

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

Summary

Evergy beats SolarBank on 10 of the 13 factors compared between the two stocks.

About SolarBank

(Get Free Report)

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

About Evergy

(Get Free Report)

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

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