8Point3 Energy Partners (NASDAQ:CAFD) and RED ELECTRICA C/ADR (OTCMKTS:RDEIY) are both oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, institutional ownership, earnings, profitability and dividends.
This table compares 8Point3 Energy Partners and RED ELECTRICA C/ADR’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|8Point3 Energy Partners||28.84%||1.96%||1.01%|
|RED ELECTRICA C/ADR||N/A||N/A||N/A|
8Point3 Energy Partners pays an annual dividend of $1.12 per share and has a dividend yield of 9.0%. RED ELECTRICA C/ADR pays an annual dividend of $0.55 per share and has a dividend yield of 5.3%. 8Point3 Energy Partners has increased its dividend for 2 consecutive years. 8Point3 Energy Partners is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Risk and Volatility
8Point3 Energy Partners has a beta of 0.88, meaning that its stock price is 12% less volatile than the S&P 500. Comparatively, RED ELECTRICA C/ADR has a beta of 0.47, meaning that its stock price is 53% less volatile than the S&P 500.
This is a summary of recent recommendations for 8Point3 Energy Partners and RED ELECTRICA C/ADR, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|8Point3 Energy Partners||1||8||0||0||1.89|
|RED ELECTRICA C/ADR||1||0||1||0||2.00|
8Point3 Energy Partners presently has a consensus price target of $13.00, indicating a potential upside of 4.67%. Given 8Point3 Energy Partners’ higher probable upside, equities analysts clearly believe 8Point3 Energy Partners is more favorable than RED ELECTRICA C/ADR.
Valuation & Earnings
This table compares 8Point3 Energy Partners and RED ELECTRICA C/ADR’s top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|8Point3 Energy Partners||$70.08 million||14.02||$11.40 million||N/A||N/A|
|RED ELECTRICA C/ADR||$2.19 billion||5.08||N/A||N/A||N/A|
8Point3 Energy Partners has higher earnings, but lower revenue than RED ELECTRICA C/ADR.
Institutional and Insider Ownership
12.7% of 8Point3 Energy Partners shares are owned by institutional investors. Comparatively, 0.3% of RED ELECTRICA C/ADR shares are owned by institutional investors. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
8Point3 Energy Partners beats RED ELECTRICA C/ADR on 9 of the 12 factors compared between the two stocks.
8Point3 Energy Partners Company Profile
8point3 Energy Partners LP, together with its subsidiaries, acquires, owns, and operates solar energy generation projects in the United States. It owns interests in 10 utility-scale solar energy projects; and 4 commercial and industrial solar energy projects, as well as a portfolio of residential DG solar assets. As of November 30, 2017, its portfolio consisted of interests in 946 megawatt of solar energy projects. 8point3 General Partner, LLC serves as the general partner of the company. The company was founded in 2015 and is based in San Jose, California.
RED ELECTRICA C/ADR Company Profile
Red Eléctrica Corporación, S.A. transmits electricity; operates and manages transmission network for the electricity system; and manages electricity transmission grid in Spain and internationally. Its transmission network comprises approximately 43,800 kilometers; and has 86,654 MVA of transformer capacity. The company also provides consultancy, engineering, and construction services; telecommunications infrastructure services to telecommunications operators comprising leasing of dark fiber; and line and sub-station maintenance services. Red Eléctrica Corporación, S.A. was founded in 1985 and is based in Alcobendas, Spain.
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