Critical Comparison: Allego (NYSE:ALLG) vs. SunCar Technology Group (NASDAQ:SDA)

SunCar Technology Group (NASDAQ:SDAGet Free Report) and Allego (NYSE:ALLGGet Free Report) are both business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, institutional ownership, valuation, profitability, analyst recommendations, earnings and dividends.

Earnings and Valuation

This table compares SunCar Technology Group and Allego’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
SunCar Technology Group $363.75 million 2.03 -$26.91 million N/A N/A
Allego $157.42 million N/A -$118.94 million N/A N/A

SunCar Technology Group has higher revenue and earnings than Allego.

Analyst Recommendations

This is a summary of recent ratings and recommmendations for SunCar Technology Group and Allego, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SunCar Technology Group 0 0 0 0 N/A
Allego 0 0 1 0 3.00

Allego has a consensus target price of $7.75, indicating a potential upside of 868.75%. Given Allego’s higher probable upside, analysts plainly believe Allego is more favorable than SunCar Technology Group.

Profitability

This table compares SunCar Technology Group and Allego’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
SunCar Technology Group N/A N/A N/A
Allego N/A N/A N/A

Insider & Institutional Ownership

0.3% of SunCar Technology Group shares are held by institutional investors. 22.2% of SunCar Technology Group shares are held by company insiders. Comparatively, 82.7% of Allego shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

SunCar Technology Group has a beta of -0.15, suggesting that its share price is 115% less volatile than the S&P 500. Comparatively, Allego has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500.

Summary

Allego beats SunCar Technology Group on 4 of the 7 factors compared between the two stocks.

About SunCar Technology Group

(Get Free Report)

SunCar Technology Group Inc., through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business. The company offers customized after-sale services to banking, insurance companies, and other customer types; and auto mobile insurance comprising statutory automobile liability insurance and commercial automobile insurance. In addition, it provides auto insurance SaaS products and other technical services. The company is based in Shanghai, China.

About Allego

(Get Free Report)

Allego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe. It also provides Allego EV Cloud, a customer payment tool that offers essential services to owned and third-party customers comprising authorization and billing, smart charging and load balancing, analysis, and customer support. The company was founded in 2013 and is based in Arnhem, the Netherlands.

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