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Financial Contrast: ESS Tech (NYSE:GWH) and Dragonfly Energy (NASDAQ:DFLI)

Financial News Live ·  Jan 18, 2023 09:22

ESS Tech (NYSE:GWH – Get Rating) and Dragonfly Energy (NASDAQ:DFLI – Get Rating) are both small-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.

Profitability

This table compares ESS Tech and Dragonfly Energy's net margins, return on equity and return on assets.

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Net Margins Return on Equity Return on Assets
ESS Tech N/A -51.45% -43.16%
Dragonfly Energy N/A -673.40% -1.98%

Analyst Recommendations

This is a summary of recent ratings and recommmendations for ESS Tech and Dragonfly Energy, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ESS Tech 0 3 2 0 2.40
Dragonfly Energy 0 0 3 0 3.00
ESS Tech currently has a consensus target price of $7.18, suggesting a potential upside of 213.47%. Dragonfly Energy has a consensus target price of $14.00, suggesting a potential upside of 68.67%. Given ESS Tech's higher possible upside, equities research analysts plainly believe ESS Tech is more favorable than Dragonfly Energy.

Earnings and Valuation

This table compares ESS Tech and Dragonfly Energy's gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
ESS Tech N/A N/A -$477.12 million ($1.68) -1.36
Dragonfly Energy N/A N/A $1.91 million N/A N/A

Institutional & Insider Ownership

40.8% of ESS Tech shares are owned by institutional investors. 6.8% of ESS Tech shares are owned by insiders. Comparatively, 20.0% of Dragonfly Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Risk & Volatility

ESS Tech has a beta of 2.07, meaning that its stock price is 107% more volatile than the S&P 500. Comparatively, Dragonfly Energy has a beta of -0.64, meaning that its stock price is 164% less volatile than the S&P 500.

Summary

Dragonfly Energy beats ESS Tech on 5 of the 9 factors compared between the two stocks.

About ESS Tech

(Get Rating)

ESS Tech, Inc., an energy storage company, designs and produces iron flow batteries for commercial and utility-scale energy storage applications worldwide. It offers energy storage products, which include Energy Warehouse, a behind-the-meter solution; and Energy Center, a front-of-the-meter solution. The company was founded in 2011 and is headquartered in Wilsonville, Oregon.

About Dragonfly Energy

(Get Rating)

Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology. The company is headquartered in Reno, Nevada.

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Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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