NextNRG (NASDAQ:NXXT – Get Free Report) and ReNew Energy Global (NASDAQ:RNW – Get Free Report) are both energy companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, risk, valuation, earnings, institutional ownership, analyst recommendations and dividends.
Risk and Volatility
NextNRG has a beta of -0.54, meaning that its stock price is 154% less volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.88, meaning that its stock price is 12% less volatile than the S&P 500.
Institutional and Insider Ownership
10.6% of NextNRG shares are held by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are held by institutional investors. 81.7% of NextNRG shares are held by company insiders. Comparatively, 8.7% of ReNew Energy Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Analyst Recommendations
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NextNRG | 1 | 1 | 1 | 1 | 2.50 |
| ReNew Energy Global | 0 | 2 | 1 | 0 | 2.33 |
NextNRG presently has a consensus price target of $5.50, indicating a potential upside of 347.15%. ReNew Energy Global has a consensus price target of $7.83, indicating a potential upside of 4.19%. Given NextNRG’s stronger consensus rating and higher possible upside, analysts clearly believe NextNRG is more favorable than ReNew Energy Global.
Earnings & Valuation
This table compares NextNRG and ReNew Energy Global”s revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| NextNRG | $27.77 million | 5.95 | -$16.19 million | ($2.02) | -0.61 |
| ReNew Energy Global | $1.14 billion | 2.40 | $45.00 million | $0.31 | 24.23 |
ReNew Energy Global has higher revenue and earnings than NextNRG. NextNRG is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares NextNRG and ReNew Energy Global’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NextNRG | -85.79% | N/A | -270.09% |
| ReNew Energy Global | 5.37% | 7.90% | 1.08% |
Summary
ReNew Energy Global beats NextNRG on 9 of the 14 factors compared between the two stocks.
About NextNRG
NextNRG, Inc. engages in the provision of fuel delivery services. It provides app-based interface customers with the ability to select the time and location of their fueling. It offers diesel, red diesel, and REC-90. The company was founded by Yehuda Levy and Michael D. Farkas on March 28, 2019 and is headquartered in Miami, FL.
About ReNew Energy Global
ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.
Receive News & Ratings for NextNRG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextNRG and related companies with MarketBeat.com's FREE daily email newsletter.
