Woodside Energy Group (NYSE:WDS – Get Free Report) and NeoVolta (NASDAQ:NEOV – Get Free Report) are both energy companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, profitability, valuation, dividends, analyst recommendations and risk.
Analyst Ratings
This is a breakdown of current recommendations for Woodside Energy Group and NeoVolta, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Woodside Energy Group | 0 | 5 | 1 | 1 | 2.43 |
NeoVolta | 0 | 0 | 1 | 0 | 3.00 |
NeoVolta has a consensus target price of $7.50, suggesting a potential upside of 122.22%. Given NeoVolta’s stronger consensus rating and higher probable upside, analysts clearly believe NeoVolta is more favorable than Woodside Energy Group.
Institutional & Insider Ownership
Volatility and Risk
Woodside Energy Group has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500. Comparatively, NeoVolta has a beta of -0.96, indicating that its stock price is 196% less volatile than the S&P 500.
Earnings and Valuation
This table compares Woodside Energy Group and NeoVolta”s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Woodside Energy Group | $13.18 billion | 2.27 | $3.57 billion | $0.82 | 19.24 |
NeoVolta | $2.64 million | 43.62 | -$2.30 million | ($0.12) | -28.13 |
Woodside Energy Group has higher revenue and earnings than NeoVolta. NeoVolta is trading at a lower price-to-earnings ratio than Woodside Energy Group, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Woodside Energy Group and NeoVolta’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Woodside Energy Group | N/A | N/A | N/A |
NeoVolta | -96.69% | -105.35% | -88.75% |
Summary
Woodside Energy Group beats NeoVolta on 9 of the 14 factors compared between the two stocks.
About Woodside Energy Group
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, and marketing of hydrocarbons in the Asia Pacific, Africa, the Americas, and the Europe. The company produces liquefied natural gas, pipeline gas, crude oil and condensate, and natural gas liquids. It holds interests in the Pluto LNG, North West Shelf, Wheatstone and Julimar-Brunello, Bass Strait, Ngujima-Yin FPSO, Okha FPSO, Pyrenees FPSO, Macedon, Shenzi, Mad dog, Greater Angostura, as well as Scarborough, Sangomar, Trion, Calypso, Browse, Liard, Atlantis, Woodside Solar opportunity, and Sunrise and Troubadour. The company involves in development of new energy products and carbon services. The company was formerly known as Woodside Petroleum Ltd and changed its name to Woodside Energy Group Ltd in May 2022. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia.
About NeoVolta
NeoVolta Inc. designs, manufactures, and sells energy storage systems in the United States. It provides NV14, NV14-K, and NV 24 energy storage systems, which stores and uses energy through batteries and an inverter at residential or commercial sites. The company markets and sells its products directly to certified solar installers and solar equipment distributors. NeoVolta Inc. was formed in 2018 and is headquartered in Poway, California.
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