Comparing SolarBank (NASDAQ:SUUN) & Evergy (NASDAQ:EVRG)

SolarBank (NASDAQ:SUUN) and Evergy (NASDAQ:EVRG) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, risk, dividends and earnings.

Earnings and Valuation

This table compares SolarBank and Evergy”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SolarBank	$43.08 million	3.98	-$2.56 million	($0.17)	-32.47
Evergy	$5.51 billion	2.78	$731.30 million	$3.70	18.02

Evergy has higher revenue and earnings than SolarBank. SolarBank is trading at a lower price-to-earnings ratio than Evergy, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares SolarBank and Evergy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
SolarBank	-6.92%	-13.89%	-5.86%
Evergy	14.77%	8.77%	2.72%

Analyst Ratings

This is a breakdown of current ratings for SolarBank and Evergy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SolarBank	0	0	1	0	3.00
Evergy	0	1	8	0	2.89

SolarBank presently has a consensus price target of $6.00, suggesting a potential upside of 8.70%. Evergy has a consensus price target of $65.36, suggesting a potential downside of 1.95%. Given SolarBank’s stronger consensus rating and higher possible upside, analysts plainly believe SolarBank is more favorable than Evergy.

Institutional and Insider Ownership

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

Summary

Evergy beats SolarBank on 9 of the 12 factors compared between the two stocks.

About SolarBank

SolarBank Corporation operates as an independent renewable and clean energy project developer and asset operator in Canada and the United States. The company engages in the site origination, development, financing, engineering, procurement, construction, operation, maintenance, and asset management of solar photovoltaic power generation projects. It offers solar energy solutions in the areas of behind-the-meter solar power plants, electricity grid connected community solar gardens, and utility scale solar farms. The company was formerly known as Abundant Solar Energy Inc. and changed its name to SolarBank Corporation in October 2022. SolarBank Corporation was incorporated in 2013 and is headquartered in Toronto, Canada.

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.