REE Automotive (NASDAQ:REE – Get Rating) is one of 64 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it compare to its competitors? We will compare REE Automotive to related businesses based on the strength of its earnings, risk, analyst recommendations, profitability, dividends, institutional ownership and valuation.
Insider and Institutional Ownership
23.7% of REE Automotive shares are owned by institutional investors. Comparatively, 53.8% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 6.0% of REE Automotive shares are owned by company insiders. Comparatively, 9.2% of shares of all “Motor vehicles & car bodies” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
REE Automotive has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500. Comparatively, REE Automotive’s competitors have a beta of 1.56, suggesting that their average stock price is 56% more volatile than the S&P 500.
This is a breakdown of current ratings for REE Automotive and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|REE Automotive Competitors||1071||2631||3036||165||2.33|
REE Automotive presently has a consensus target price of $7.17, indicating a potential upside of 384.23%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 42.51%. Given REE Automotive’s higher probable upside, research analysts plainly believe REE Automotive is more favorable than its competitors.
Earnings & Valuation
This table compares REE Automotive and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|REE Automotive||$10,000.00||-$505.33 million||-0.75|
|REE Automotive Competitors||$44.91 billion||$3.11 billion||78.14|
REE Automotive’s competitors have higher revenue and earnings than REE Automotive. REE Automotive is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This table compares REE Automotive and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|REE Automotive Competitors||-12,601.68%||-7.58%||-1.39%|
REE Automotive competitors beat REE Automotive on 10 of the 13 factors compared.
About REE Automotive (Get Rating)
REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.
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