Comparing FTC Solar (NASDAQ:FTCI) & Credo Technology Group (NASDAQ:CRDO)

FTC Solar (NASDAQ:FTCIGet Rating) and Credo Technology Group (NASDAQ:CRDOGet Rating) are both oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, profitability and dividends.

Institutional and Insider Ownership

25.1% of FTC Solar shares are owned by institutional investors. Comparatively, 22.6% of Credo Technology Group shares are owned by institutional investors. 44.1% of FTC Solar shares are owned by company insiders. Comparatively, 34.2% of Credo Technology Group shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current recommendations for FTC Solar and Credo Technology Group, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FTC Solar 1 1 4 1 2.71
Credo Technology Group 0 0 8 0 3.00

FTC Solar currently has a consensus price target of $6.45, indicating a potential upside of 167.63%. Credo Technology Group has a consensus price target of $19.00, indicating a potential upside of 23.70%. Given FTC Solar’s higher possible upside, analysts plainly believe FTC Solar is more favorable than Credo Technology Group.

Valuation and Earnings

This table compares FTC Solar and Credo Technology Group’s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
FTC Solar $270.52 million 0.92 -$106.59 million ($1.04) -2.32
Credo Technology Group $106.48 million 21.01 -$22.18 million N/A N/A

Credo Technology Group has lower revenue, but higher earnings than FTC Solar.

Profitability

This table compares FTC Solar and Credo Technology Group’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
FTC Solar -51.87% -81.67% -46.05%
Credo Technology Group N/A N/A N/A

Summary

Credo Technology Group beats FTC Solar on 7 of the 12 factors compared between the two stocks.

About FTC Solar

(Get Rating)

FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production; Atlas, a web-based enterprise-level database that allows users to manage their project portfolio; and SunDAT, a software solution enables automated design and optimization of solar panel systems across residential, commercial, and utility-scale sites. Its customers include project developers; solar asset owners; and engineering, procurement, and construction contractors that design and build solar energy projects. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

About Credo Technology Group

(Get Rating)

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.

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