El Paso Electric (NYSE: EE) is one of 85 public companies in the “Electric Utilities” industry, but how does it contrast to its competitors? We will compare El Paso Electric to related companies based on the strength of its profitability, valuation, dividends, risk, institutional ownership, earnings and analyst recommendations.
This is a breakdown of current recommendations and price targets for El Paso Electric and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|El Paso Electric||1||2||0||0||1.67|
|El Paso Electric Competitors||510||2884||2324||41||2.33|
El Paso Electric presently has a consensus target price of $53.67, indicating a potential downside of 6.10%. As a group, “Electric Utilities” companies have a potential upside of 6.19%. Given El Paso Electric’s competitors stronger consensus rating and higher probable upside, analysts clearly believe El Paso Electric has less favorable growth aspects than its competitors.
Volatility and Risk
El Paso Electric has a beta of 0.47, indicating that its stock price is 53% less volatile than the S&P 500. Comparatively, El Paso Electric’s competitors have a beta of 0.70, indicating that their average stock price is 30% less volatile than the S&P 500.
Earnings & Valuation
This table compares El Paso Electric and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|El Paso Electric||$934.44 million||$360.31 million||20.63|
|El Paso Electric Competitors||$7.19 billion||$2.12 billion||30.68|
El Paso Electric’s competitors have higher revenue and earnings than El Paso Electric. El Paso Electric is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
El Paso Electric pays an annual dividend of $1.34 per share and has a dividend yield of 2.3%. El Paso Electric pays out 48.4% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.1% and pay out 103.7% of their earnings in the form of a dividend. El Paso Electric has increased its dividend for 5 consecutive years.
This table compares El Paso Electric and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|El Paso Electric||11.45%||9.95%||3.14%|
|El Paso Electric Competitors||-10.82%||3.51%||0.54%|
Institutional & Insider Ownership
98.0% of El Paso Electric shares are owned by institutional investors. Comparatively, 65.5% of shares of all “Electric Utilities” companies are owned by institutional investors. 1.3% of El Paso Electric shares are owned by insiders. Comparatively, 2.7% of shares of all “Electric Utilities” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
El Paso Electric competitors beat El Paso Electric on 10 of the 15 factors compared.
About El Paso Electric
El Paso Electric Company is a public utility company. As of December 31, 2016, the Company was engaged in the generation, transmission and distribution of electricity in an area of approximately 10,000 square miles in west Texas and southern New Mexico. As of December 31, 2016, the Company owned or had ownership interests in several electrical generating facilities providing it with a generating capability of approximately 2,080 megawatts (MW). The Company’s energy sources consists of nuclear fuel, natural gas, coal, purchased power and generated by Company-owned solar photovoltaic panels. As of December 31, 2016, the Company had power purchase agreements for 107 MW from solar photovoltaic generation facilities. As of December 31, 2016, the Company served approximately 411,100 residential, commercial, industrial, public authority and wholesale customers. The Company distributes electricity to retail customers principally in El Paso, Texas and Las Cruces, New Mexico.
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