Heliogen (NYSE:HLGN – Get Rating) is one of 86 publicly-traded companies in the “Electric services” industry, but how does it contrast to its competitors? We will compare Heliogen to similar businesses based on the strength of its analyst recommendations, risk, valuation, profitability, institutional ownership, dividends and earnings.
Risk and Volatility
Heliogen has a beta of 2.12, indicating that its share price is 112% more volatile than the S&P 500. Comparatively, Heliogen’s competitors have a beta of -0.89, indicating that their average share price is 189% less volatile than the S&P 500.
Profitability
This table compares Heliogen and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Heliogen | -1,032.65% | -91.20% | -62.91% |
| Heliogen Competitors | -22.92% | 3.07% | 0.22% |
Earnings and Valuation
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Heliogen | $13.75 million | -$142.00 million | -0.40 |
| Heliogen Competitors | $12.80 billion | $230.70 million | -4.74 |
Heliogen’s competitors have higher revenue and earnings than Heliogen. Heliogen is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Analyst Ratings
This is a breakdown of recent ratings and price targets for Heliogen and its competitors, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Heliogen | 0 | 1 | 0 | 0 | 2.00 |
| Heliogen Competitors | 656 | 3659 | 3366 | 66 | 2.37 |
Heliogen currently has a consensus price target of $2.00, indicating a potential upside of 563.35%. As a group, “Electric services” companies have a potential upside of 9.41%. Given Heliogen’s higher probable upside, equities analysts plainly believe Heliogen is more favorable than its competitors.
Institutional and Insider Ownership
39.8% of Heliogen shares are held by institutional investors. Comparatively, 58.9% of shares of all “Electric services” companies are held by institutional investors. 8.7% of Heliogen shares are held by company insiders. Comparatively, 5.4% of shares of all “Electric services” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Summary
Heliogen competitors beat Heliogen on 9 of the 12 factors compared.
Heliogen Company Profile
Heliogen, Inc., a renewable energy technology company, develops an A.I.-enabled, concentrated solar power plant. It offers HelioHeat for the production of heat for use in industrial processes; HelioPower, a solution for power generation; and HelioFuel, a solution for hydrogen fuel production. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was incorporated in 2013 and is headquartered in Pasadena, California.
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