PI Global Investments
Infrastructure

Analyzing Atlantica Sustainable Infrastructure (NASDAQ:AY) and Heliogen (NYSE:HLGN)


Atlantica Sustainable Infrastructure (NASDAQ:AYGet Rating) and Heliogen (NYSE:HLGNGet Rating) are both utilities companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, earnings, valuation, risk, dividends, analyst recommendations and institutional ownership.

Valuation and Earnings

This table compares Atlantica Sustainable Infrastructure and Heliogen’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Atlantica Sustainable Infrastructure $1.21 billion 3.11 -$30.08 million ($0.19) -176.62
Heliogen $8.80 million 46.42 -$137.40 million N/A N/A

Atlantica Sustainable Infrastructure has higher revenue and earnings than Heliogen.

Insider and Institutional Ownership

40.1% of Atlantica Sustainable Infrastructure shares are held by institutional investors. Comparatively, 56.4% of Heliogen shares are held by institutional investors. 8.7% of Heliogen shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Atlantica Sustainable Infrastructure and Heliogen’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Atlantica Sustainable Infrastructure -1.88% -1.26% -0.23%
Heliogen N/A -205.70% -75.69%

Analyst Recommendations

This is a summary of recent recommendations for Atlantica Sustainable Infrastructure and Heliogen, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Atlantica Sustainable Infrastructure 0 6 3 0 2.33
Heliogen 0 2 0 0 2.00

Atlantica Sustainable Infrastructure presently has a consensus target price of $39.50, suggesting a potential upside of 17.70%. Heliogen has a consensus target price of $7.88, suggesting a potential upside of 264.58%. Given Heliogen’s higher probable upside, analysts plainly believe Heliogen is more favorable than Atlantica Sustainable Infrastructure.

Risk and Volatility

Atlantica Sustainable Infrastructure has a beta of 0.71, indicating that its stock price is 29% less volatile than the S&P 500. Comparatively, Heliogen has a beta of 3.42, indicating that its stock price is 242% more volatile than the S&P 500.

Atlantica Sustainable Infrastructure Company Profile (Get Rating)

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in the United States, Canada, Mexico, Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa. It owns 39 assets comprising 2,044 megawatts (MW) of aggregate renewable energy installed generation capacity; 343 MW of natural gas-fired power generation capacity; 55 thermal megawatts of district heating capacity; 1,229 miles of electric transmission lines; and 17.5 million cubic feet per day of water desalination assets. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.

Heliogen Company Profile (Get Rating)

Heliogen, Inc., a renewable energy technology company, develops an A.I.-enabled, concentrated solar power plant. It offers HelioHeat for the production of heat for use in industrial processes; HelioPower, a solution for power generation; and HelioFuel, a solution for hydrogen fuel production. The company was formerly known as Edison Microgrids, Inc. and changed its name to Heliogen, Inc. in November 2019. The company was incorporated in 2013 and is headquartered in Pasadena, California.



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