PCG vs. ED, PEG, WEC, AEE, CMS, EXC, XEL, LNT, DUK, and SRE
Should you be buying PG&E stock or one of its competitors? The main competitors of PG&E include Consolidated Edison (ED), Public Service Enterprise Group (PEG), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), Exelon (EXC), Xcel Energy (XEL), Alliant Energy (LNT), Duke Energy (DUK), and Sempra (SRE). These companies are all part of the "utilities" sector.
Consolidated Edison (NYSE:ED) and PG&E (NYSE:PCG) are both large-cap utilities companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, community ranking, institutional ownership, media sentiment, dividends, valuation and profitability.
64.5% of Consolidated Edison shares are held by institutional investors. Comparatively, 74.4% of PG&E shares are held by institutional investors. 0.1% of Consolidated Edison shares are held by insiders. Comparatively, 0.1% of PG&E shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
In the previous week, PG&E had 18 more articles in the media than Consolidated Edison. MarketBeat recorded 30 mentions for PG&E and 12 mentions for Consolidated Edison. PG&E's average media sentiment score of 0.83 beat Consolidated Edison's score of 0.46 indicating that Consolidated Edison is being referred to more favorably in the media.
PG&E received 482 more outperform votes than Consolidated Edison when rated by MarketBeat users. Likewise, 63.23% of users gave PG&E an outperform vote while only 41.78% of users gave Consolidated Edison an outperform vote.
Consolidated Edison has a beta of 0.37, meaning that its stock price is 63% less volatile than the S&P 500. Comparatively, PG&E has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500.
Consolidated Edison pays an annual dividend of $3.24 per share and has a dividend yield of 3.7%. PG&E pays an annual dividend of $0.04 per share and has a dividend yield of 0.2%. Consolidated Edison pays out 48.0% of its earnings in the form of a dividend. PG&E pays out 4.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Consolidated Edison has raised its dividend for 51 consecutive years. Consolidated Edison is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Consolidated Edison presently has a consensus target price of $88.46, suggesting a potential downside of 0.23%. PG&E has a consensus target price of $18.75, suggesting a potential upside of 15.46%. Given Consolidated Edison's stronger consensus rating and higher probable upside, analysts plainly believe PG&E is more favorable than Consolidated Edison.
PG&E has higher revenue and earnings than Consolidated Edison. Consolidated Edison is trading at a lower price-to-earnings ratio than PG&E, indicating that it is currently the more affordable of the two stocks.
Consolidated Edison has a net margin of 15.57% compared to Consolidated Edison's net margin of 8.13%. Consolidated Edison's return on equity of 9.21% beat PG&E's return on equity.
Summary
PG&E beats Consolidated Edison on 14 of the 21 factors compared between the two stocks.
Get PG&E News Delivered to You Automatically
Sign up to receive the latest news and ratings for PCG and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding PCG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
