Analyzing Evergy (NYSE:EVRG) and Alternus Clean Energy (NASDAQ:ALCE)

Evergy (NYSE:EVRG) and Alternus Clean Energy (NASDAQ:ALCE) are both utilities companies, but which is the better business? We will compare the two companies based on the strength of their risk, valuation, institutional ownership, earnings, analyst recommendations, dividends and profitability.

Institutional & Insider Ownership

87.2% of Evergy shares are owned by institutional investors. 0.5% of Evergy shares are owned by company insiders. Comparatively, 24.3% of Alternus Clean Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares Evergy and Alternus Clean Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Evergy	12.84%	8.32%	2.61%
Alternus Clean Energy	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings and target prices for Evergy and Alternus Clean Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evergy	0	3	4	0	2.57
Alternus Clean Energy	0	0	0	0	N/A

Evergy currently has a consensus price target of $57.83, suggesting a potential upside of 8.36%. Given Evergy’s higher possible upside, analysts plainly believe Evergy is more favorable than Alternus Clean Energy.

Risk & Volatility

Evergy has a beta of 0.6, indicating that its share price is 40% less volatile than the S&P 500. Comparatively, Alternus Clean Energy has a beta of -0.58, indicating that its share price is 158% less volatile than the S&P 500.

Valuation and Earnings

This table compares Evergy and Alternus Clean Energy’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Evergy	$5.51 billion	2.23	$731.30 million	$3.09	17.27
Alternus Clean Energy	$20.08 million	1.58	-$69.46 million	N/A	N/A

Evergy has higher revenue and earnings than Alternus Clean Energy.

Summary

Evergy beats Alternus Clean Energy on 10 of the 11 factors compared between the two stocks.

About Evergy

Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in the United States. The company generates electricity through coal, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.

About Alternus Clean Energy

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.