FirstEnergy (NYSE:FE) and Ocean Power Technologies (NASDAQ:OPTT) are both utilities companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, earnings, dividends and profitability.
This table compares FirstEnergy and Ocean Power Technologies’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Ocean Power Technologies||-1,962.84%||-232.57%||-147.80%|
This is a breakdown of recent ratings and target prices for FirstEnergy and Ocean Power Technologies, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ocean Power Technologies||0||0||0||0||N/A|
FirstEnergy presently has a consensus target price of $42.33, indicating a potential upside of 4.53%. Given FirstEnergy’s higher possible upside, equities research analysts plainly believe FirstEnergy is more favorable than Ocean Power Technologies.
Risk & Volatility
FirstEnergy has a beta of 0.3, suggesting that its share price is 70% less volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 3.52, suggesting that its share price is 252% more volatile than the S&P 500.
Institutional and Insider Ownership
90.8% of FirstEnergy shares are owned by institutional investors. Comparatively, 4.5% of Ocean Power Technologies shares are owned by institutional investors. 0.3% of FirstEnergy shares are owned by company insiders. Comparatively, 2.7% of Ocean Power Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
FirstEnergy pays an annual dividend of $1.52 per share and has a dividend yield of 3.8%. Ocean Power Technologies does not pay a dividend. FirstEnergy pays out 58.7% of its earnings in the form of a dividend.
Earnings & Valuation
This table compares FirstEnergy and Ocean Power Technologies’ revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|FirstEnergy||$11.26 billion||1.91||$1.35 billion||$2.59||15.64|
|Ocean Power Technologies||$510,000.00||6.23||-$10.15 million||N/A||N/A|
FirstEnergy has higher revenue and earnings than Ocean Power Technologies.
FirstEnergy beats Ocean Power Technologies on 9 of the 13 factors compared between the two stocks.
FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. The company operates through Regulated Distribution and Regulated Transmission segments. It owns and operates coal-fired, nuclear, hydroelectric, natural gas, wind, and solar power generating facilities. The company also provides energy-related products and services to retail and wholesale customers. It operates 24,506 circuit miles of overhead and underground transmission lines; and electric distribution systems, including 277,284 miles of overhead pole line and underground conduit carrying primary, secondary, and street lighting circuits, as well as owns substations with a total installed transformer capacity of approximately 164,611,989 kilovolt-amperes. The company serves approximately six million customers in Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. FirstEnergy Corp. was founded in 1996 and is headquartered in Akron, Ohio.
About Ocean Power Technologies
Ocean Power Technologies, Inc. is a renewable wave-energy technology company, which engages in the development of commercialize proprietary systems that generate electricity through ocean waves. It offers the PB3 PowerBuoy which generates electricity by harnessing the renewable energy of ocean waves. It operates through the following geographical segments: North America; Europe; and Asia and Australia. The company was founded by George W. Taylor on April 19, 1984 and is headquartered in Pennington, NJ.
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