Financial Comparison: Crescent Energy (NYSE:CRGY) and Enlight Renewable Energy (NASDAQ:ENLT)

Enlight Renewable Energy (NASDAQ:ENLTGet Free Report) and Crescent Energy (NYSE:CRGYGet Free Report) are both mid-cap energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, risk and institutional ownership.

Insider and Institutional Ownership

38.9% of Enlight Renewable Energy shares are held by institutional investors. Comparatively, 52.1% of Crescent Energy shares are held by institutional investors. 13.2% of Crescent Energy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Enlight Renewable Energy and Crescent Energy, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enlight Renewable Energy 2 2 3 0 2.14
Crescent Energy 0 5 6 1 2.67

Enlight Renewable Energy currently has a consensus target price of $43.50, indicating a potential downside of 39.14%. Crescent Energy has a consensus target price of $13.78, indicating a potential upside of 8.87%. Given Crescent Energy’s stronger consensus rating and higher possible upside, analysts clearly believe Crescent Energy is more favorable than Enlight Renewable Energy.

Earnings & Valuation

This table compares Enlight Renewable Energy and Crescent Energy”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Enlight Renewable Energy $582.26 million 14.55 $132.10 million $1.02 70.07
Crescent Energy $3.58 billion 1.16 $132.91 million $0.52 24.34

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

Profitability

This table compares Enlight Renewable Energy and Crescent Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Enlight Renewable Energy 22.69% 7.35% 1.82%
Crescent Energy 3.71% 8.36% 3.47%

Volatility and Risk

Enlight Renewable Energy has a beta of 1.29, indicating that its stock price is 29% more volatile than the S&P 500. Comparatively, Crescent Energy has a beta of 1.57, indicating that its stock price is 57% more volatile than the S&P 500.

Summary

Crescent Energy beats Enlight Renewable Energy on 11 of the 15 factors compared between the two stocks.

About Enlight Renewable Energy

(Get Free Report)

Enlight Renewable Energy Ltd operates a renewable energy platform in Israel, Central-Eastern Europe, Western Europe, and the United States. The company develops, finances, constructs, owns, and operates utility-scale renewable energy projects. It develops wind energy and solar energy projects, as well as energy storage projects. The company was incorporated in 1981 and is headquartered in Rosh Haayin, Israel.

About Crescent Energy

(Get Free Report)

Crescent Energy Company acquires, develops, and produces crude oil, natural gas, and natural gas liquids (NGLs) reserves. Its portfolio of assets comprises mid-cycle unconventional and conventional assets in the Eagle Ford and Uinta Basins. It also owns and operates various midstream assets, which provide services to customers. The company is based in Houston, Texas.

Receive News & Ratings for Enlight Renewable Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enlight Renewable Energy and related companies with MarketBeat.com's FREE daily email newsletter.