Emeren Group (NYSE:SOL – Get Free Report) and Silicon Laboratories (NASDAQ:SLAB – Get Free Report) are both oils/energy companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, earnings, risk and dividends.
Profitability
This table compares Emeren Group and Silicon Laboratories’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Emeren Group | -20.91% | -3.15% | -2.41% |
Silicon Laboratories | -46.93% | -12.60% | -10.85% |
Risk & Volatility
Emeren Group has a beta of 1.73, meaning that its share price is 73% more volatile than the S&P 500. Comparatively, Silicon Laboratories has a beta of 1.2, meaning that its share price is 20% more volatile than the S&P 500.
Valuation and Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Emeren Group | $103.58 million | 0.95 | -$3.19 million | ($0.13) | -14.69 |
Silicon Laboratories | $782.26 million | 4.17 | -$34.52 million | ($7.40) | -13.58 |
Emeren Group has higher earnings, but lower revenue than Silicon Laboratories. Emeren Group is trading at a lower price-to-earnings ratio than Silicon Laboratories, indicating that it is currently the more affordable of the two stocks.
Insider and Institutional Ownership
44.1% of Emeren Group shares are held by institutional investors. 37.3% of Emeren Group shares are held by company insiders. Comparatively, 1.7% of Silicon Laboratories shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Analyst Ratings
This is a summary of current ratings and recommmendations for Emeren Group and Silicon Laboratories, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Emeren Group | 2 | 0 | 2 | 0 | 2.00 |
Silicon Laboratories | 0 | 5 | 5 | 0 | 2.50 |
Emeren Group currently has a consensus price target of $3.83, indicating a potential upside of 100.70%. Silicon Laboratories has a consensus price target of $121.50, indicating a potential upside of 20.93%. Given Emeren Group’s higher probable upside, equities analysts clearly believe Emeren Group is more favorable than Silicon Laboratories.
Summary
Emeren Group beats Silicon Laboratories on 9 of the 14 factors compared between the two stocks.
About Emeren Group
Emeren Group Ltd, together with its subsidiaries, develops, builds, and sells solar power projects. It owns and operates 3-gigawatt pipeline of projects and independent power producer assets, as well as a 10-gigawatt pipeline of storage pipeline. The company develops community solar gardens; and sells project rights. In addition, it engages in engineering design; procurement of solar modules; balance-of-system components and other components; and construction contracting and management services. Further, the company generates and sells electricity. It operates in China, the United States, the United Kingdom, Germany, France, Poland, Italy, and Hungary. The company was formerly known as ReneSola Ltd and changed its name to Emeren Group Ltd in January 2023. Emeren Group Ltd was founded in 2005 and is headquartered in Norwalk, Connecticut.
About Silicon Laboratories
Silicon Laboratories Inc., a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation. The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.
Receive News & Ratings for Emeren Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Emeren Group and related companies with MarketBeat.com's FREE daily email newsletter.