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.
Nikola (NASDAQ:NKLA) and ChargePoint (NYSE:CHPT) are both small-cap auto/tires/trucks companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, risk, earnings, valuation, community ranking, analyst recommendations, media sentiment, dividends and institutional ownership.
In the previous week, ChargePoint had 3 more articles in the media than Nikola. MarketBeat recorded 9 mentions for ChargePoint and 6 mentions for Nikola. ChargePoint's average media sentiment score of 0.43 beat Nikola's score of 0.30 indicating that Nikola is being referred to more favorably in the media.
Nikola presently has a consensus price target of $1.33, suggesting a potential upside of 149.27%. ChargePoint has a consensus price target of $5.46, suggesting a potential upside of 185.99%. Given Nikola's higher possible upside, analysts clearly believe ChargePoint is more favorable than Nikola.
Nikola has a net margin of 0.00% compared to Nikola's net margin of -90.32%. ChargePoint's return on equity of -113.18% beat Nikola's return on equity.
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.
Nikola has a beta of 2.1, meaning that its stock price is 110% more volatile than the S&P 500. Comparatively, ChargePoint has a beta of 1.69, meaning that its stock price is 69% more volatile than the S&P 500.
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.
37.4% of Nikola shares are held by institutional investors. Comparatively, 37.8% of ChargePoint shares are held by institutional investors. 0.7% of Nikola shares are held by company insiders. Comparatively, 12.9% of ChargePoint shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Summary
Nikola beats ChargePoint on 10 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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