Head to Head Analysis: Dragonfly Energy (DFLI) versus Its Rivals

Dragonfly Energy (NASDAQ:DFLI) is one of 216 public companies in the “Electrical Equipment” industry, but how does it compare to its rivals? We will compare Dragonfly Energy to similar businesses based on the strength of its earnings, dividends, analyst recommendations, institutional ownership, profitability, valuation and risk.

Institutional and Insider Ownership

8.2% of Dragonfly Energy shares are held by institutional investors. Comparatively, 37.4% of shares of all “Electrical Equipment” companies are held by institutional investors. 3.1% of Dragonfly Energy shares are held by insiders. Comparatively, 15.1% of shares of all “Electrical Equipment” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Dragonfly Energy and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Dragonfly Energy	1	1	1	0	2.00
Dragonfly Energy Competitors	2280	5150	7193	434	2.38

Dragonfly Energy currently has a consensus price target of $25.00, suggesting a potential upside of 1,273.63%. As a group, “Electrical Equipment” companies have a potential upside of 41.81%. Given Dragonfly Energy’s higher probable upside, equities analysts clearly believe Dragonfly Energy is more favorable than its rivals.

Earnings & Valuation

This table compares Dragonfly Energy and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Dragonfly Energy	$58.63 million	-$69.94 million	-0.01
Dragonfly Energy Competitors	$2.41 billion	$142.48 million	20.76

Dragonfly Energy’s rivals have higher revenue and earnings than Dragonfly Energy. Dragonfly Energy is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Dragonfly Energy and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Dragonfly Energy	-129.35%	N/A	-46.06%
Dragonfly Energy Competitors	-354.39%	-45.13%	-7.93%

Risk & Volatility

Dragonfly Energy has a beta of 0.3, suggesting that its stock price is 70% less volatile than the S&P 500. Comparatively, Dragonfly Energy’s rivals have a beta of -21.36, suggesting that their average stock price is 2,236% less volatile than the S&P 500.

Summary

Dragonfly Energy rivals beat Dragonfly Energy on 8 of the 12 factors compared.

About Dragonfly Energy

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others. It also offers battery management systems for monitoring and controlling of battery systems and to protect battery cells from damage in various scenarios. The company provides its products under the Dragonfly Energy, Battle Born, and Wakespeed brand names. Dragonfly Energy Holdings Corp. is headquartered in Reno, Nevada.