CHPT vs. NKLA, LAZR, SMP, EVGO, MLR, HSAI, AXL, PLOW, XPEL, and WNC
Should you be buying ChargePoint stock or one of its competitors? The main competitors of ChargePoint include Nikola (NKLA), Luminar Technologies (LAZR), Standard Motor Products (SMP), EVgo (EVGO), Miller Industries (MLR), Hesai Group (HSAI), American Axle & Manufacturing (AXL), Douglas Dynamics (PLOW), XPEL (XPEL), and Wabash National (WNC). These companies are all part of the "auto/tires/trucks" sector.
ChargePoint (NYSE:CHPT) and Nikola (NASDAQ:NKLA) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, risk, earnings, analyst recommendations, valuation, dividends, community ranking, media sentiment and institutional ownership.
Nikola has a net margin of 0.00% compared to ChargePoint's net margin of -90.32%. Nikola's return on equity of -113.18% beat ChargePoint's return on equity.
ChargePoint has a beta of 1.69, indicating that its share price is 69% more volatile than the S&P 500. Comparatively, Nikola has a beta of 2.1, indicating that its share price is 110% more volatile than the S&P 500.
37.8% of ChargePoint shares are owned by institutional investors. Comparatively, 37.4% of Nikola shares are owned by institutional investors. 12.9% of ChargePoint shares are owned by company insiders. Comparatively, 0.7% of Nikola 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.
Nikola received 10 more outperform votes than ChargePoint when rated by MarketBeat users. Likewise, 53.45% of users gave Nikola an outperform vote while only 44.44% of users gave ChargePoint an outperform vote.
ChargePoint has higher revenue and earnings than Nikola. ChargePoint is trading at a lower price-to-earnings ratio than Nikola, indicating that it is currently the more affordable of the two stocks.
ChargePoint presently has a consensus price target of $5.46, indicating a potential upside of 194.47%. Nikola has a consensus price target of $1.33, indicating a potential upside of 142.60%. Given ChargePoint's higher possible upside, analysts clearly believe ChargePoint is more favorable than Nikola.
In the previous week, ChargePoint had 3 more articles in the media than Nikola. MarketBeat recorded 12 mentions for ChargePoint and 9 mentions for Nikola. ChargePoint's average media sentiment score of 0.35 beat Nikola's score of 0.03 indicating that ChargePoint is being referred to more favorably in the media.
Summary
ChargePoint and Nikola tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CHPT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE 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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