Macquarie Infrastructure (NYSE: MIC) and Aegean Marine Petroleum Network (NYSE:ANW) are both multi-sector conglomerates companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, dividends, profitability, institutional ownership, analyst recommendations and risk.
Risk & Volatility
Macquarie Infrastructure has a beta of 1.22, suggesting that its stock price is 22% more volatile than the S&P 500. Comparatively, Aegean Marine Petroleum Network has a beta of 2.3, suggesting that its stock price is 130% more volatile than the S&P 500.
Institutional and Insider Ownership
76.7% of Macquarie Infrastructure shares are held by institutional investors. Comparatively, 60.0% of Aegean Marine Petroleum Network shares are held by institutional investors. 6.9% of Macquarie Infrastructure shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Macquarie Infrastructure and Aegean Marine Petroleum Network’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Macquarie Infrastructure||$1.81 billion||1.79||$451.20 million||$2.56||14.93|
|Aegean Marine Petroleum Network||$5.67 billion||0.02||-$29.30 million||($0.53)||-5.47|
Macquarie Infrastructure has higher earnings, but lower revenue than Aegean Marine Petroleum Network. Aegean Marine Petroleum Network is trading at a lower price-to-earnings ratio than Macquarie Infrastructure, indicating that it is currently the more affordable of the two stocks.
This table compares Macquarie Infrastructure and Aegean Marine Petroleum Network’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Aegean Marine Petroleum Network||-0.52%||-1.72%||-0.62%|
Macquarie Infrastructure pays an annual dividend of $5.76 per share and has a dividend yield of 15.1%. Aegean Marine Petroleum Network pays an annual dividend of $0.04 per share and has a dividend yield of 1.4%. Macquarie Infrastructure pays out 225.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Aegean Marine Petroleum Network pays out -7.5% of its earnings in the form of a dividend. Macquarie Infrastructure has raised its dividend for 6 consecutive years. Macquarie Infrastructure is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
This is a summary of current recommendations and price targets for Macquarie Infrastructure and Aegean Marine Petroleum Network, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Aegean Marine Petroleum Network||0||1||2||0||2.67|
Macquarie Infrastructure currently has a consensus target price of $50.25, suggesting a potential upside of 31.48%. Aegean Marine Petroleum Network has a consensus target price of $5.33, suggesting a potential upside of 83.91%. Given Aegean Marine Petroleum Network’s stronger consensus rating and higher probable upside, analysts plainly believe Aegean Marine Petroleum Network is more favorable than Macquarie Infrastructure.
Macquarie Infrastructure beats Aegean Marine Petroleum Network on 11 of the 16 factors compared between the two stocks.
About Macquarie Infrastructure
Macquarie Infrastructure Corporation owns and operates a portfolio of businesses that provide services to other businesses, government agencies, and individuals. It operates through four segments: International-Matex Tank Terminals (IMTT), Atlantic Aviation, Contracted Power (CP), and MIC Hawaii. The IMTT segment offers bulk liquid storage, handling, and other services for petroleum products, chemicals, renewable fuels, and vegetable and animal oils through a network of 19 marine terminals, including 17 in the United States and 2 in Canada. This segment also provides environmental emergency response, industrial, and waste transportation and disposal services. The Atlantic Aviation segment offers fuel delivery, de-icing, aircraft parking, and hangar rental services to owners/operators of jet aircraft, as well as for commercial, military, freight, and government aviation customers. The CP segment generates electricity through wind, solar, and gas-fired facilities. As of December 31, 2017, this segment had interests in 7 solar power generating facilities with an aggregate generating capacity of 142 megawatts (MW) located in Arizona, California, Texas, Minnesota, and Utah; 2 wind power generating facilities with an aggregate generating capacity of 203 MW situated in Idaho and New Mexico; and gas-fired facility with a generating capacity of 512 MW located in Bayonne, New Jersey. The MIC Hawaii segment processes, distributes, and sells synthetic and renewable natural gas; and distributes and sells liquefied natural gas and petroleum gas to residential, commercial, hospitality, military, and wholesale customers, as well as to the public sector in Oahu, Hawaii, Maui, Kauai, Molokai, and Lanai. This segment's products are used in various commercial and residential applications, such as water heating, drying, cooking, power generation, and other uses, as well as for use in specialty vehicles. The company was founded in 2004 and is based in New York, New York.
About Aegean Marine Petroleum Network
Aegean Marine Petroleum Network Inc., together with its subsidiaries, operates as a marine fuel logistics company that markets and supplies refined marine fuel and lubricants to vessels in port, at sea, and on rivers worldwide. The company offers fueling services to ocean-going and a range of coastal vessels, including oil tankers, container ships, drybulk carriers, cruise ships, reefers, LNG/LPG carriers, car carriers, and ferries, as well as to marine fuel traders, brokers, and other end-users of marine fuel and lubricants. It also markets and distributes marine lubricants under the Alfa Marine Lubricants brand; and provides a range of shipping services, such as technical support and maintenance, insurance arrangement and handling, financial administration, and accounting services. As of December 31, 2016, the company owned and operated a fleet of 46 bunkering vessels, including 45 double hulls and 1 single hull special purpose vehicle; 15 double hull bunkering vessels with an aggregate carrying capacity of approximately 292,400 deadweight ton (dwt); operated 10 land-based storage facilities with an aggregate storage capacity of approximately 1,075,000 cubic meters; and operated 2 vessels as floating storage facility with a cargo carrying capacity of approximately 86,800 dwt. Aegean Marine Petroleum Network Inc. was founded in 1995 and is headquartered in Athens, Greece.
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