Wetouch Technology (OTCMKTS:WETH – Get Rating) is one of 52 publicly-traded companies in the “Security brokers & dealers” industry, but how does it contrast to its rivals? We will compare Wetouch Technology to related companies based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation.
Profitability
This table compares Wetouch Technology and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Wetouch Technology | 27.55% | N/A | N/A |
Wetouch Technology Competitors | 12.91% | 17.34% | 5.25% |
This table compares Wetouch Technology and its rivals top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Wetouch Technology | $40.79 million | $17.39 million | 1.83 |
Wetouch Technology Competitors | $7.16 billion | $1.51 billion | 10.50 |
Wetouch Technology’s rivals have higher revenue and earnings than Wetouch Technology. Wetouch Technology 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.
Volatility and Risk
Wetouch Technology has a beta of -0.94, meaning that its stock price is 194% less volatile than the S&P 500. Comparatively, Wetouch Technology’s rivals have a beta of 1.61, meaning that their average stock price is 61% more volatile than the S&P 500.
Institutional and Insider Ownership
72.7% of Wetouch Technology shares are owned by institutional investors. Comparatively, 56.8% of shares of all “Security brokers & dealers” companies are owned by institutional investors. 25.3% of Wetouch Technology shares are owned by insiders. Comparatively, 25.8% of shares of all “Security brokers & dealers” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Analyst Recommendations
This is a breakdown of current ratings and target prices for Wetouch Technology and its rivals, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Wetouch Technology | 0 | 0 | 0 | 0 | N/A |
Wetouch Technology Competitors | 395 | 1851 | 2073 | 42 | 2.40 |
As a group, “Security brokers & dealers” companies have a potential upside of 53.40%. Given Wetouch Technology’s rivals higher probable upside, analysts clearly believe Wetouch Technology has less favorable growth aspects than its rivals.
Summary
Wetouch Technology rivals beat Wetouch Technology on 8 of the 10 factors compared.
Wetouch Technology Company Profile (Get Rating)
Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.
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