Insider and Institutional Ownership
49.9% of shares of all “ELEC PRODS – MISC” companies are owned by institutional investors. 35.0% of Acorn Energy shares are owned by company insiders. Comparatively, 16.0% of shares of all “ELEC PRODS – MISC” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Volatility and Risk
Acorn Energy has a beta of 0.47, meaning that its share price is 53% less volatile than the S&P 500. Comparatively, Acorn Energy’s peers have a beta of 0.79, meaning that their average share price is 21% less volatile than the S&P 500.
Profitability
This table compares Acorn Energy and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Acorn Energy | 56.00% | 78.08% | 28.31% |
Acorn Energy Competitors | -154.16% | -93.85% | -8.47% |
Earnings and Valuation
Gross Revenue | Net Income | Price/Earnings Ratio | |
Acorn Energy | $10.99 million | $6.29 million | 5.99 |
Acorn Energy Competitors | $3.67 billion | $265.22 million | 6.08 |
Acorn Energy’s peers have higher revenue and earnings than Acorn Energy. Acorn Energy is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Summary
Acorn Energy peers beat Acorn Energy on 5 of the 9 factors compared.
About Acorn Energy
Acorn Energy, Inc., together with its subsidiaries, develops and markets wireless remote monitoring and control systems for various markets in the United States and internationally. It operates in two segments, Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment provides wireless remote monitoring and control systems, and services for critical assets, which include stand-by power generators, pumps, pumpjacks, light towers, turbines, compressors, fire pumps, and other industrial equipment; and Internet of Things applications. The CP segment offers remote monitoring and control products for cathodic protection systems utilized in gas pipelines for gas utilities market and pipeline operators. The company was incorporated in 1986 and is based in Wilmington, Delaware.
Receive News & Ratings for Acorn Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acorn Energy and related companies with MarketBeat.com's FREE daily email newsletter.