Ocean Power Technologies (NASDAQ:OPTT) and Black Hills (NYSE:BKH) are both oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, dividends, risk, institutional ownership, valuation, analyst recommendations and earnings.
Valuation & Earnings
This table compares Ocean Power Technologies and Black Hills’ gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Ocean Power Technologies||$510,000.00||6.68||-$10.15 million||N/A||N/A|
|Black Hills||$1.75 billion||2.48||$258.44 million||$3.54||20.38|
This is a breakdown of recent recommendations and price targets for Ocean Power Technologies and Black Hills, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ocean Power Technologies||0||0||0||0||N/A|
Black Hills has a consensus target price of $65.40, indicating a potential downside of 9.37%. Given Black Hills’ higher probable upside, analysts clearly believe Black Hills is more favorable than Ocean Power Technologies.
Institutional & Insider Ownership
4.5% of Ocean Power Technologies shares are owned by institutional investors. Comparatively, 87.4% of Black Hills shares are owned by institutional investors. 2.7% of Ocean Power Technologies shares are owned by insiders. Comparatively, 1.0% of Black Hills shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
This table compares Ocean Power Technologies and Black Hills’ 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%|
Volatility and Risk
Ocean Power Technologies has a beta of 3.52, suggesting that its stock price is 252% more volatile than the S&P 500. Comparatively, Black Hills has a beta of 0.46, suggesting that its stock price is 54% less volatile than the S&P 500.
Black Hills pays an annual dividend of $2.02 per share and has a dividend yield of 2.8%. Ocean Power Technologies does not pay a dividend. Black Hills pays out 57.1% of its earnings in the form of a dividend. Black Hills has raised its dividend for 49 consecutive years.
Black Hills beats Ocean Power Technologies on 9 of the 13 factors compared between the two stocks.
Ocean Power Technologies Company Profile
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.
Black Hills Company Profile
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through Electric Utilities, Gas Utilities, Power Generation, and Mining segments. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 212,000 electric customers in Colorado, Montana, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 939 megawatts of generation capacity and 8,858 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,054,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers through company technicians and third-party service providers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,700 miles of intrastate gas transmission pipelines; 41,158 miles of gas distribution mains and service lines; 7 natural gas storage sites; and approximately 45,000 horsepower of compression and 600 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was founded in 1941 and is headquartered in Rapid City, South Dakota.
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