Critical Contrast: PureCycle Technologies (PCT) versus Its Rivals

PureCycle Technologies (NYSE:PCTGet Rating) is one of 20 public companies in the “Plastics materials & resins” industry, but how does it weigh in compared to its competitors? We will compare PureCycle Technologies to similar businesses based on the strength of its earnings, risk, dividends, analyst recommendations, institutional ownership, profitability and valuation.

Valuation & Earnings

This table compares PureCycle Technologies and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PureCycle Technologies N/A -$77.50 million -7.73
PureCycle Technologies Competitors $14.34 billion $1.38 billion 43.39

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

Profitability

This table compares PureCycle Technologies and its competitors’ 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%

Insider & Institutional 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 insiders. Comparatively, 2.9% of shares of all “Plastics materials & resins” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Risk and Volatility

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

Analyst Recommendations

This is a breakdown of current ratings for PureCycle Technologies and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PureCycle Technologies 0 0 5 0 3.00
PureCycle Technologies Competitors 212 1084 1426 50 2.47

PureCycle Technologies presently has a consensus price target of $24.00, suggesting a potential upside of 198.51%. As a group, “Plastics materials & resins” companies have a potential upside of 16.76%. Given PureCycle Technologies’ stronger consensus rating and higher possible upside, research analysts plainly believe PureCycle Technologies is more favorable than its competitors.

Summary

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

PureCycle Technologies Company Profile (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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