VEV vs. REE, CENN, FSRN, WKHS, GP, EVTV, MULN, CZOO, CTNT, and LOBO
Should you be buying Vicinity Motor stock or one of its competitors? The main competitors of Vicinity Motor include REE Automotive (REE), Cenntro (CENN), Fisker (FSRN), Workhorse Group (WKHS), GreenPower Motor (GP), Envirotech Vehicles (EVTV), Mullen Automotive (MULN), Cazoo Group (CZOO), Cheetah Net Supply Chain Service (CTNT), and Lobo EV Technologies (LOBO). These companies are all part of the "auto/tires/trucks" sector.
REE Automotive (NASDAQ:REE) and Vicinity Motor (NASDAQ:VEV) are both small-cap auto/tires/trucks companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, community ranking, risk, media sentiment, profitability and institutional ownership.
REE Automotive has a beta of 3.01, indicating that its share price is 201% more volatile than the S&P 500. Comparatively, Vicinity Motor has a beta of 0.57, indicating that its share price is 43% less volatile than the S&P 500.
REE Automotive received 9 more outperform votes than Vicinity Motor when rated by MarketBeat users. However, 50.00% of users gave Vicinity Motor an outperform vote while only 28.57% of users gave REE Automotive an outperform vote.
In the previous week, REE Automotive had 10 more articles in the media than Vicinity Motor. MarketBeat recorded 14 mentions for REE Automotive and 4 mentions for Vicinity Motor. Vicinity Motor's average media sentiment score of 0.44 beat REE Automotive's score of 0.04 indicating that REE Automotive is being referred to more favorably in the media.
REE Automotive presently has a consensus price target of $19.67, suggesting a potential upside of 294.12%. Given Vicinity Motor's higher probable upside, equities analysts plainly believe REE Automotive is more favorable than Vicinity Motor.
12.7% of REE Automotive shares are held by institutional investors. Comparatively, 0.3% of Vicinity Motor shares are held by institutional investors. 6.0% of REE Automotive shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
REE Automotive has a net margin of 0.00% compared to REE Automotive's net margin of -60.46%. REE Automotive's return on equity of -68.36% beat Vicinity Motor's return on equity.
Vicinity Motor has higher revenue and earnings than REE Automotive. Vicinity Motor is trading at a lower price-to-earnings ratio than REE Automotive, indicating that it is currently the more affordable of the two stocks.
Summary
REE Automotive beats Vicinity Motor on 12 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding VEV 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 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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