ReneSola (NYSE:SOL) and QuickLogic (NASDAQ:QUIK) are both small-cap oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, earnings, dividends, institutional ownership, risk and profitability.
Risk and Volatility
ReneSola has a beta of 1.16, indicating that its stock price is 16% more volatile than the S&P 500. Comparatively, QuickLogic has a beta of -0.03, indicating that its stock price is 103% less volatile than the S&P 500.
This is a breakdown of recent ratings for ReneSola and QuickLogic, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
ReneSola presently has a consensus target price of $2.00, indicating a potential downside of 6.98%. QuickLogic has a consensus target price of $2.50, indicating a potential upside of 140.38%. Given QuickLogic’s stronger consensus rating and higher possible upside, analysts clearly believe QuickLogic is more favorable than ReneSola.
Earnings & Valuation
This table compares ReneSola and QuickLogic’s top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|ReneSola||$102.97 million||0.80||$34.45 million||$0.13||16.54|
|QuickLogic||$12.15 million||8.10||-$14.13 million||($0.18)||-5.78|
ReneSola has higher revenue and earnings than QuickLogic. QuickLogic is trading at a lower price-to-earnings ratio than ReneSola, indicating that it is currently the more affordable of the two stocks.
This table compares ReneSola and QuickLogic’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider & Institutional Ownership
10.3% of ReneSola shares are owned by institutional investors. Comparatively, 24.0% of QuickLogic shares are owned by institutional investors. 4.3% of QuickLogic shares are owned by 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.
ReneSola beats QuickLogic on 8 of the 14 factors compared between the two stocks.
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: solar power project development, EPC services, and electricity revenue generation. The company also develops community solar gardens; and sells projects rights. In addition, its engineering, and procurement and construction business includes engineering design, procurement of solar modules, balance-of-system and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of February 28, 2018, it operated approximately 80 solar power projects with an aggregate capacity of 212 MW. The company was founded in 2005 and is based in Shanghai, the People's Republic of China.
QuickLogic Corporation, a semiconductor company, designs, markets, and supports silicon solutions for smartphones, wearable and hearable devices, tablets, and the Internet-of-Things. The company also provides Field Programmable Gate Arrays (FPGAs), software drivers, and associated design software and programming hardware, as well as eFPGA intellectual property (IP), such as ArcticPro and ArcticPro 2. Its products include pASIC 3, QuickRAM, and QuickPCI. The company delivers its solutions through ultra-low power customer programmable System on Chip (SoC) semiconductor solutions, embedded software, and algorithm solutions for always-on voice and sensor processing, and enhanced visual experiences. It develops its solutions by incorporating various silicon platforms, such as EOS S3, ArcticLink III S2, ArcticLink III VX and BX, PolarPro 3, PolarPro II, PolarPro, and Eclipse II solution platforms, as well as packaging, IPs, custom logic, software drivers, and architecture consulting. In addition, it provides programming hardware and design software solutions; and licenses FPGA technology for use in other semiconductor companies SoCs. The company markets and sells its products to original equipment manufacturers and original design manufacturers, as well as data communications, instrumentation, and test and military-aerospace markets through a network of sales managers and distributors in North America, Europe, and Asia. QuickLogic Corporation was founded in 1988 and is headquartered in Sunnyvale, California.
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