Alternus Clean Energy (NASDAQ:ALCE – Get Free Report) and WEC Energy Group (NYSE:WEC – Get Free Report) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, earnings, risk and valuation.
Valuation and Earnings
This table compares Alternus Clean Energy and WEC Energy Group”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Alternus Clean Energy | $16.25 million | 13.65 | -$69.46 million | N/A | N/A |
WEC Energy Group | $8.63 billion | 3.52 | $1.33 billion | $4.58 | 20.97 |
WEC Energy Group has higher revenue and earnings than Alternus Clean Energy.
Analyst Recommendations
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Alternus Clean Energy | 0 | 0 | 0 | 0 | N/A |
WEC Energy Group | 3 | 4 | 4 | 0 | 2.09 |
WEC Energy Group has a consensus price target of $94.45, suggesting a potential downside of 1.64%. Given WEC Energy Group’s higher possible upside, analysts plainly believe WEC Energy Group is more favorable than Alternus Clean Energy.
Risk & Volatility
Alternus Clean Energy has a beta of -0.64, meaning that its share price is 164% less volatile than the S&P 500. Comparatively, WEC Energy Group has a beta of 0.44, meaning that its share price is 56% less volatile than the S&P 500.
Institutional & Insider Ownership
77.2% of WEC Energy Group shares are held by institutional investors. 24.3% of Alternus Clean Energy shares are held by insiders. Comparatively, 0.3% of WEC Energy Group shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Profitability
This table compares Alternus Clean Energy and WEC Energy Group’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Alternus Clean Energy | N/A | N/A | N/A |
WEC Energy Group | 15.85% | 12.26% | 3.41% |
Summary
WEC Energy Group beats Alternus Clean Energy on 9 of the 11 factors compared between the two stocks.
About Alternus Clean Energy
Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.
About WEC Energy Group
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments. The company generates and distributes electricity from coal, natural gas, oil, and nuclear, as well as renewable energy resources, including wind, solar, hydroelectric, and biomass; and distributes and transports natural gas. It also owns, maintains, monitors, and operates electric transmission systems; and generates, distributes, and sells steam. As of December 31, 2023, the company operated approximately 35,500 miles of overhead distribution lines and 36,500 miles of underground distribution cables, as well as 430 electric distribution substations and 523,700 line transformers; approximately 46,400 miles of natural gas distribution mains; 1,700 miles of natural gas transmission mains; 2.4 million natural gas lateral services; 490 natural gas distribution and transmission gate stations; and 69.3 billion cubic feet of working gas capacities in underground natural gas storage fields. The company was formerly known as Wisconsin Energy Corporation and changed its name to WEC Energy Group, Inc. in June 2015. WEC Energy Group, Inc. was founded in 1896 and is headquartered in Milwaukee, Wisconsin.
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