Analyzing NextNRG (NASDAQ:NXXT) and Enovix (NASDAQ:ENVX)

Enovix (NASDAQ:ENVXGet Free Report) and NextNRG (NASDAQ:NXXTGet Free Report) are both small-cap energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, profitability, institutional ownership, earnings and valuation.

Earnings and Valuation

This table compares Enovix and NextNRG”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Enovix $23.07 million 57.35 -$222.24 million ($0.81) -7.57
NextNRG $27.77 million 4.26 -$16.19 million ($2.02) -0.44

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

Insider and Institutional Ownership

50.9% of Enovix shares are held by institutional investors. Comparatively, 10.6% of NextNRG shares are held by institutional investors. 14.1% of Enovix shares are held by company insiders. Comparatively, 69.1% of NextNRG shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

This table compares Enovix and NextNRG’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Enovix -525.93% -61.78% -25.41%
NextNRG -85.79% N/A -270.09%

Analyst Recommendations

This is a summary of recent ratings and price targets for Enovix and NextNRG, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enovix 1 3 5 0 2.44
NextNRG 1 1 1 1 2.50

Enovix currently has a consensus price target of $17.50, indicating a potential upside of 185.48%. NextNRG has a consensus price target of $5.50, indicating a potential upside of 525.36%. Given NextNRG’s stronger consensus rating and higher possible upside, analysts plainly believe NextNRG is more favorable than Enovix.

Risk & Volatility

Enovix has a beta of 2.13, indicating that its share price is 113% more volatile than the S&P 500. Comparatively, NextNRG has a beta of -0.57, indicating that its share price is 157% less volatile than the S&P 500.

Summary

NextNRG beats Enovix on 9 of the 15 factors compared between the two stocks.

About Enovix

(Get Free Report)

Enovix Corporation designs develops and manufactures silicon-anode lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.

About NextNRG

(Get Free Report)

NextNRG, Inc. engages in the provision of fuel delivery services. It provides app-based interface customers with the ability to select the time and location of their fueling. It offers diesel, red diesel, and REC-90. The company was founded by Yehuda Levy and Michael D. Farkas on March 28, 2019 and is headquartered in Miami, FL.

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