PureCycle Technologies (NYSE:PCT – Get Rating) is one of 20 publicly-traded companies in the “Plastics materials & resins” industry, but how does it compare to its rivals? We will compare PureCycle Technologies to similar companies based on the strength of its risk, dividends, analyst recommendations, earnings, profitability, institutional ownership and valuation.
Institutional & Insider Ownership
43.9% of PureCycle Technologies shares are owned by institutional investors. Comparatively, 73.3% of shares of all “Plastics materials & resins” companies are owned by institutional investors. 11.1% of PureCycle Technologies shares are owned by insiders. Comparatively, 2.9% of shares of all “Plastics materials & resins” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
PureCycle Technologies has a beta of 1.35, meaning that its stock price is 35% more volatile than the S&P 500. Comparatively, PureCycle Technologies’ rivals have a beta of 1.62, meaning that their average stock price is 62% more volatile than the S&P 500.
This is a summary of current recommendations and price targets for PureCycle Technologies and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|PureCycle Technologies Competitors||211||1076||1418||50||2.47|
PureCycle Technologies currently 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 rivals.
Earnings & Valuation
This table compares PureCycle Technologies and its rivals 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’ rivals have higher revenue and earnings than PureCycle Technologies. PureCycle Technologies is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This table compares PureCycle Technologies and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|PureCycle Technologies Competitors||2.20%||15.42%||5.44%|
PureCycle Technologies rivals 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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