REE Automotive (REE) & The Competition Head to Head Review

REE Automotive (NASDAQ:REEGet Rating) is one of 64 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it contrast to its rivals? We will compare REE Automotive to similar businesses based on the strength of its analyst recommendations, risk, earnings, institutional ownership, dividends, valuation and profitability.

Earnings and Valuation

This table compares REE Automotive and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
REE Automotive $10,000.00 -$505.33 million -0.78
REE Automotive Competitors $44.91 billion $3.11 billion 96.33

REE Automotive’s rivals have higher revenue and earnings than REE Automotive. REE Automotive 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 REE Automotive and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
REE Automotive N/A -209.95% -183.48%
REE Automotive Competitors -12,601.44% -7.40% -1.28%

Institutional & Insider Ownership

23.7% of REE Automotive shares are held by institutional investors. Comparatively, 53.8% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 6.0% of REE Automotive shares are held by company insiders. Comparatively, 9.2% of shares of all “Motor vehicles & car bodies” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk & Volatility

REE Automotive has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500. Comparatively, REE Automotive’s rivals have a beta of 1.56, suggesting that their average share price is 56% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current recommendations and price targets for REE Automotive and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive 2 0 3 0 2.20
REE Automotive Competitors 799 2034 2775 115 2.39

REE Automotive currently has a consensus target price of $7.17, suggesting a potential upside of 368.41%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 54.23%. Given REE Automotive’s higher probable upside, research analysts clearly believe REE Automotive is more favorable than its rivals.

Summary

REE Automotive rivals 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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