Spruce Power (NYSE:SPRU – Get Free Report) and DTE Energy (NYSE:DTE – Get Free Report) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, earnings, profitability, institutional ownership, analyst recommendations, valuation and risk.
Profitability
This table compares Spruce Power and DTE Energy’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Spruce Power | -121.98% | -23.98% | -5.48% |
DTE Energy | 12.33% | 13.42% | 3.20% |
Valuation & Earnings
This table compares Spruce Power and DTE Energy”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Spruce Power | $77.58 million | 0.64 | -$65.83 million | ($5.06) | -0.53 |
DTE Energy | $12.42 billion | 1.96 | $1.40 billion | $7.38 | 15.93 |
Volatility & Risk
Spruce Power has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, DTE Energy has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current recommendations and price targets for Spruce Power and DTE Energy, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Spruce Power | 0 | 0 | 0 | 0 | 0.00 |
DTE Energy | 0 | 6 | 8 | 0 | 2.57 |
DTE Energy has a consensus target price of $134.31, indicating a potential upside of 14.28%. Given DTE Energy’s stronger consensus rating and higher possible upside, analysts clearly believe DTE Energy is more favorable than Spruce Power.
Insider and Institutional Ownership
20.8% of Spruce Power shares are held by institutional investors. Comparatively, 76.1% of DTE Energy shares are held by institutional investors. 9.6% of Spruce Power shares are held by company insiders. Comparatively, 0.6% of DTE Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
DTE Energy beats Spruce Power on 12 of the 14 factors compared between the two stocks.
About Spruce Power
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers. The company is headquartered in Denver, Colorado.
About DTE Energy
DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to various residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through coal-fired plants, hydroelectric pumped storage, and nuclear plants, as well as wind and solar assets. This segment owns and operates distribution substations and line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to various residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. Its DTE Vantage segment offers metallurgical and petroleum coke to steel and other industries; and power generation, steam production, chilled water production, and wastewater treatment services, as well as air supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1849 and is based in Detroit, Michigan.
Receive News & Ratings for Spruce Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spruce Power and related companies with MarketBeat.com's FREE daily email newsletter.