Canadian Solar (NASDAQ: CSIQ) is one of 13 publicly-traded companies in the “Photovoltaic Solar Systems & Equipment” industry, but how does it weigh in compared to its rivals? We will compare Canadian Solar to related businesses based on the strength of its earnings, risk, institutional ownership, dividends, profitability, analyst recommendations and valuation.

Insider and Institutional Ownership

40.1% of Canadian Solar shares are owned by institutional investors. Comparatively, 43.7% of shares of all “Photovoltaic Solar Systems & Equipment” companies are owned by institutional investors. 17.2% of shares of all “Photovoltaic Solar Systems & Equipment” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Canadian Solar and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Canadian Solar 0.84% 1.35% 0.22%
Canadian Solar Competitors -11.98% -166.55% -3.52%

Earnings and Valuation

This table compares Canadian Solar and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Canadian Solar $2.85 billion $65.24 million 45.59
Canadian Solar Competitors $1.24 billion -$44.98 million 0.52

Canadian Solar has higher revenue and earnings than its rivals. Canadian Solar is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

Canadian Solar has a beta of 3.12, suggesting that its stock price is 212% more volatile than the S&P 500. Comparatively, Canadian Solar’s rivals have a beta of 1.45, suggesting that their average stock price is 45% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations for Canadian Solar and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Solar 1 6 3 0 2.20
Canadian Solar Competitors 177 600 903 58 2.48

Canadian Solar currently has a consensus target price of $19.00, suggesting a potential upside of 6.86%. As a group, “Photovoltaic Solar Systems & Equipment” companies have a potential downside of 14.44%. Given Canadian Solar’s higher probable upside, research analysts plainly believe Canadian Solar is more favorable than its rivals.

Summary

Canadian Solar beats its rivals on 8 of the 13 factors compared.

Canadian Solar Company Profile

Canadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment. It designs, develops and manufactures solar wafers, solar cells and solar power products. The module segment primarily involves the design, development, manufacturing and sale of a range of solar power products, including standard solar modules and specialty solar products, and solar system kits. Its energy development segment consists of solar power project development, engineering, procurement and construction services, and operation and maintenance services. Its electricity generation segment consists of holding solar power projects for the purpose of generating income from the sale of electricity to the local or national grid or other power purchasers.

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