REE Automotive (REE) Competitors

$4.10
-0.22 (-5.09%)
(As of 04/26/2024 ET)

REE vs. CENN, WKHS, FSR, VEV, SOLO, FSRN, NIU, CZOO, GP, and CPTN

Should you be buying REE Automotive stock or one of its competitors? The main competitors of REE Automotive include Cenntro (CENN), Workhorse Group (WKHS), Fisker (FSR), Vicinity Motor (VEV), Electrameccanica Vehicles (SOLO), Fisker (FSRN), Niu Technologies (NIU), Cazoo Group (CZOO), GreenPower Motor (GP), and Cepton (CPTN). These companies are all part of the "auto/tires/trucks" sector.

REE Automotive vs.

REE Automotive (NASDAQ:REE) and Cenntro (NASDAQ:CENN) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, profitability, media sentiment, valuation, dividends, institutional ownership, earnings, risk and analyst recommendations.

Cenntro has higher revenue and earnings than REE Automotive.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
REE Automotive$1.61M26.79-$114.21M-$11.54-0.36
Cenntro$22.08M2.05-$54.20MN/AN/A

REE Automotive has a net margin of 0.00% compared to Cenntro's net margin of -245.47%. Cenntro's return on equity of -38.60% beat REE Automotive's return on equity.

Company Net Margins Return on Equity Return on Assets
REE AutomotiveN/A -97.39% -71.49%
Cenntro -245.47%-38.60%-27.03%

12.7% of REE Automotive shares are owned by institutional investors. 6.0% of REE Automotive shares are owned by company insiders. Comparatively, 25.2% of Cenntro shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

REE Automotive presently has a consensus target price of $22.50, suggesting a potential upside of 448.78%. Given REE Automotive's higher probable upside, equities research analysts plainly believe REE Automotive is more favorable than Cenntro.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Cenntro
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

REE Automotive received 6 more outperform votes than Cenntro when rated by MarketBeat users. However, 100.00% of users gave Cenntro an outperform vote while only 24.24% of users gave REE Automotive an outperform vote.

CompanyUnderperformOutperform
REE AutomotiveOutperform Votes
8
24.24%
Underperform Votes
25
75.76%
CenntroOutperform Votes
2
100.00%
Underperform Votes
No Votes

In the previous week, REE Automotive had 1 more articles in the media than Cenntro. MarketBeat recorded 3 mentions for REE Automotive and 2 mentions for Cenntro. REE Automotive's average media sentiment score of 0.06 beat Cenntro's score of -0.33 indicating that REE Automotive is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
REE Automotive
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cenntro
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

REE Automotive has a beta of 2.99, suggesting that its share price is 199% more volatile than the S&P 500. Comparatively, Cenntro has a beta of 1.34, suggesting that its share price is 34% more volatile than the S&P 500.

Summary

REE Automotive beats Cenntro on 9 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding REE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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REE vs. The Competition

MetricREE AutomotiveMotor vehicles & car bodies IndustryAuto SectorNASDAQ Exchange
Market Cap$43.08M$32.03B$14.28B$7.55B
Dividend YieldN/A2.06%2.45%3.95%
P/E Ratio-0.3611.1115.4319.19
Price / Sales26.793.5211.5185.76
Price / CashN/A10.159.9934.73
Price / Book0.582.272.054.33
Net Income-$114.21M$2.55B$1.16B$214.22M
7 Day Performance14.85%2.86%2.36%1.88%
1 Month Performance-29.79%-8.12%-10.40%-5.23%
1 Year Performance-54.34%-10.00%-6.42%8.41%

REE Automotive Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CENN
Cenntro
0 of 5 stars
$1.53
+0.7%
N/A-61.1%$47.17M$22.08M0.00315Short Interest ↑
WKHS
Workhorse Group
0.6777 of 5 stars
$0.16
flat
$1.50
+832.3%
-83.3%$50.62M$13.10M-0.27298
FSR
Fisker
1.2084 of 5 stars
$0.09
-28.1%
$2.76
+2,972.0%
-98.6%$31.45M$272.89M-0.041,300Gap Down
VEV
Vicinity Motor
0.7506 of 5 stars
$0.68
-5.5%
$3.00
+340.5%
-8.0%$31.10M$19.05M-1.8457Short Interest ↓
Gap Down
SOLO
Electrameccanica Vehicles
1.1942 of 5 stars
$0.21
-3.5%
$0.40
+88.5%
-58.9%$25.36M$610,000.00-0.4534
FSRN
Fisker
0 of 5 stars
$0.04
-20.0%
N/AN/A$14.02M$272.89M-0.02N/ANews Coverage
NIU
Niu Technologies
0 of 5 stars
$2.06
flat
N/A-38.3%$158.89M$373.49M-4.29641Short Interest ↓
News Coverage
Gap Up
CZOO
Cazoo Group
0 of 5 stars
$9.07
+81.8%
N/A+556.9%$44.35M$1.54B0.003,226Short Interest ↓
High Trading Volume
GP
GreenPower Motor
2.2311 of 5 stars
$1.88
+9.9%
$5.00
+166.0%
-35.3%$46.98M$39.70M-2.98112Analyst Report
Short Interest ↑
CPTN
Cepton
0 of 5 stars
$3.00
+1.0%
N/A-15.9%$47.76M$13.06M-0.9987Short Interest ↓
Positive News

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This page (NASDAQ:REE) was last updated on 4/28/2024 by MarketBeat.com Staff

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