REE Automotive (REE) & The Competition Critical Contrast
REE Automotive (NASDAQ:REE – Get Rating) is one of 63 public companies in the “Motor vehicles & car bodies” industry, but how does it compare to its rivals? We will compare REE Automotive to related businesses based on the strength of its analyst recommendations, valuation, profitability, dividends, institutional ownership, earnings and risk.
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 | -12,601.70% | -7.53% | -1.36% |
Insider & 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.
Valuation and Earnings
This table compares REE Automotive and its rivals top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | net income | Price/Earnings Ratio | |
REE Automotive | $10,000.00 | -$505.33 million | -0.84 |
REE Automotive Competitors | $44.91 trillion | $3.11 trillion | 72.99 |
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.
Risk and Volatility
REE Automotive has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500. Comparatively, REE Automotive’s rivals have a beta of 1.56, indicating that their average share price is 56% more volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings and price targets for REE Automotive and its rivals, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | RatingScore | |
REE Automotive | 2 | 0 | 3 | 0 | 2.20 |
REE Automotive Competitors | 1070 | 2623 | 3028 | 165 | 2.33 |
REE Automotive currently has a consensus price target of $7.17, suggesting a potential upside of 331.73%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 37.10%. Given REE Automotive’s higher probable upside, equity analysts plainly believe REE Automotive is more favorable than its rivals.
Summary
REE Automotive rivals beat REE Automotive on 9 of the 12 factors compared.
REE Automotive Company Profile (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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