Head to Head Comparison: Pineapple Energy (PEGY) and Its Competitors

Posted by on Apr 27th, 2023

Pineapple Energy (NASDAQ:PEGY – Get Rating) is one of 37 public companies in the “Telephone & telegraph apparatus” industry, but how does it weigh in compared to its peers? We will compare Pineapple Energy to similar companies based on the strength of its dividends, valuation, earnings, risk, institutional ownership, analyst recommendations and profitability.

Analyst Recommendations

This is a summary of recent recommendations and price targets for Pineapple Energy and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Pineapple Energy 0 0 2 0 3.00
Pineapple Energy Competitors 204 603 1218 40 2.53

Pineapple Energy currently has a consensus price target of $5.60, suggesting a potential upside of 305.80%. As a group, “Telephone & telegraph apparatus” companies have a potential upside of 73.57%. Given Pineapple Energy’s stronger consensus rating and higher possible upside, equities research analysts plainly believe Pineapple Energy is more favorable than its peers.

Institutional and Insider Ownership

51.6% of shares of all “Telephone & telegraph apparatus” companies are held by institutional investors. 7.0% of Pineapple Energy shares are held by company insiders. Comparatively, 17.4% of shares of all “Telephone & telegraph apparatus” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

Pineapple Energy has a beta of 2.6, meaning that its stock price is 160% more volatile than the S&P 500. Comparatively, Pineapple Energy’s peers have a beta of 3.36, meaning that their average stock price is 236% more volatile than the S&P 500.

Profitability

This table compares Pineapple Energy and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Pineapple Energy -33.28% -5.74% -2.85%
Pineapple Energy Competitors -16.13% 17.11% -5.62%

Valuation and Earnings

This table compares Pineapple Energy and its peers top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Pineapple Energy $27.52 million -$10.35 million -0.86
Pineapple Energy Competitors $734.98 million $11.90 million -9.14

Pineapple Energy’s peers have higher revenue and earnings than Pineapple Energy. Pineapple Energy is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

Pineapple Energy peers beat Pineapple Energy on 8 of the 13 factors compared.

Pineapple Energy Company Profile

(Get Rating)

Pineapple Energy, Inc. is focused on local and regional solar, storage, and energy services companies nationwide. The firm’s vision is to power the energy transition through the grass-roots growth of solar electricity paired with battery storage. Its portfolio of brands, including SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, provides homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services. The company was founded in 1969 and is headquartered in Minnetonka, MN.

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