Contrasting PureCycle Technologies (PCT) and Its Peers

PureCycle Technologies (NYSE:PCTGet Rating) is one of 20 publicly-traded companies in the “Plastics materials & resins” industry, but how does it contrast to its peers? We will compare PureCycle Technologies to related companies based on the strength of its institutional ownership, dividends, analyst recommendations, risk, profitability, valuation and earnings.

Earnings & Valuation

This table compares PureCycle Technologies and its peers gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PureCycle Technologies N/A -$77.50 million -8.00
PureCycle Technologies Competitors $14.34 billion $1.38 billion 44.19

PureCycle Technologies’ peers have higher revenue and earnings than PureCycle Technologies. PureCycle Technologies is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Risk and Volatility

PureCycle Technologies has a beta of 1.35, indicating that its stock price is 35% more volatile than the S&P 500. Comparatively, PureCycle Technologies’ peers have a beta of 1.62, indicating that their average stock price is 62% more volatile than the S&P 500.

Institutional and Insider Ownership

43.9% of PureCycle Technologies shares are held by institutional investors. Comparatively, 73.3% of shares of all “Plastics materials & resins” companies are held by institutional investors. 11.1% of PureCycle Technologies shares are held by company insiders. Comparatively, 2.9% of shares of all “Plastics materials & resins” companies are held 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.

Analyst Ratings

This is a summary of current recommendations and price targets for PureCycle Technologies and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PureCycle Technologies 0 0 6 0 3.00
PureCycle Technologies Competitors 211 1076 1418 50 2.47

PureCycle Technologies presently has a consensus price target of $27.50, suggesting a potential upside of 230.53%. As a group, “Plastics materials & resins” companies have a potential upside of 15.58%. Given PureCycle Technologies’ stronger consensus rating and higher possible upside, equities research analysts plainly believe PureCycle Technologies is more favorable than its peers.

Profitability

This table compares PureCycle Technologies and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
PureCycle Technologies N/A -21.91% -11.08%
PureCycle Technologies Competitors 2.20% 15.42% 5.44%

Summary

PureCycle Technologies peers beat PureCycle Technologies on 9 of the 13 factors compared.

About PureCycle Technologies (Get Rating)

PureCycle Technologies, Inc. produces recycled polypropylene (PP). The company holds a license for restoring waste PP into virgin-like resin. Its proprietary process removes color, odor, and other contaminants from recycled feedstock to produce recycled PP. The company was founded in 2015 and is based in Orlando, Florida.

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