Head to Head Contrast: Nextera Energy Partners (NYSE:NEP) & ReNew Energy Global (NASDAQ:RNW)

Nextera Energy Partners (NYSE:NEP) and ReNew Energy Global (NASDAQ:RNW) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, institutional ownership, valuation, analyst recommendations, risk, earnings and profitability.

Institutional & Insider Ownership

66.0% of Nextera Energy Partners shares are owned by institutional investors. Comparatively, 43.6% of ReNew Energy Global shares are owned by institutional investors. 0.1% of Nextera Energy Partners shares are owned by company insiders. Comparatively, 8.7% of ReNew Energy Global shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

This table compares Nextera Energy Partners and ReNew Energy Global”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Nextera Energy Partners	$1.23 billion	0.00	-$10.00 million	($0.10)	N/A
ReNew Energy Global	$86.14 billion	0.03	$41.00 million	$0.05	122.60

ReNew Energy Global has higher revenue and earnings than Nextera Energy Partners. Nextera Energy Partners is trading at a lower price-to-earnings ratio than ReNew Energy Global, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Nextera Energy Partners and ReNew Energy Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Nextera Energy Partners	-0.73%	1.34%	0.85%
ReNew Energy Global	2.17%	1.75%	0.24%

Risk & Volatility

Nextera Energy Partners has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, ReNew Energy Global has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for Nextera Energy Partners and ReNew Energy Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Nextera Energy Partners	2	0	0	0	1.00
ReNew Energy Global	0	1	1	0	2.50

Nextera Energy Partners presently has a consensus target price of $10.00, suggesting a potential upside of 0.00%. ReNew Energy Global has a consensus target price of $7.50, suggesting a potential upside of 22.35%. Given ReNew Energy Global’s stronger consensus rating and higher probable upside, analysts plainly believe ReNew Energy Global is more favorable than Nextera Energy Partners.

Summary

ReNew Energy Global beats Nextera Energy Partners on 10 of the 13 factors compared between the two stocks.

About Nextera Energy Partners

NextEra Energy Partners LP engages in the acquisition, management, and ownership of contracted clean energy projects with long-term cash flows. It owns interests in wind and solar projects in North America and natural gas infrastructure assets in Texas. The company was founded on March 6, 2014 and is headquartered in Juno Beach, FL.

About ReNew Energy Global

ReNew Energy Global Plc generates power through non-conventional and renewable energy sources in India. The company operates through two segments: Wind Power and Solar Power. It develops, builds, owns, and operates utility scale wind and solar energy, hydro energy, and utility-scale firm power projects, as well as distributed solar energy projects that generate energy for commercial and industrial customers. The company provides engineering, procurement, and construction services; operation and maintenance services; consultancy services; and sells renewable energy certificates. ReNew Energy Global Plc was founded in 2011 and is based in London, the United Kingdom.