PureCycle Technologies (NYSE:PCT – Get Rating) is one of 20 public companies in the “Plastics materials & resins” industry, but how does it contrast to its peers? We will compare PureCycle Technologies to similar companies based on the strength of its earnings, institutional ownership, valuation, dividends, risk, analyst recommendations and profitability.
Institutional & 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, 3.0% of shares of all “Plastics materials & resins” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
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 Competitors||2.20%||15.42%||5.44%|
Valuation & Earnings
This table compares PureCycle Technologies and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|PureCycle Technologies||N/A||-$77.50 million||-8.21|
|PureCycle Technologies Competitors||$14.34 billion||$1.38 billion||44.12|
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.
This is a summary of current recommendations and price targets for PureCycle Technologies and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|PureCycle Technologies Competitors||211||1076||1420||50||2.47|
PureCycle Technologies currently has a consensus target price of $27.50, suggesting a potential upside of 222.01%. As a group, “Plastics materials & resins” companies have a potential upside of 15.57%. Given PureCycle Technologies’ stronger consensus rating and higher probable upside, analysts plainly believe PureCycle Technologies is more favorable than its peers.
Volatility & Risk
PureCycle Technologies has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500. Comparatively, PureCycle Technologies’ peers have a beta of 1.62, meaning that their average share price is 62% more volatile than the S&P 500.
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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