Contrasting PureCycle Technologies (PCT) and Its Peers

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 rivals? We will compare PureCycle Technologies to related companies based on the strength of its analyst recommendations, institutional ownership, dividends, risk, profitability, earnings and valuation.

Valuation & Earnings

This table compares PureCycle Technologies and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
PureCycle Technologies N/A -$77.50 million -7.94
PureCycle Technologies Competitors $14.34 billion $1.38 billion 42.26

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.

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, 3.0% of shares of all “Plastics materials & resins” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown 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 0 0 5 0 3.00
PureCycle Technologies Competitors 212 1085 1427 50 2.47

PureCycle Technologies presently has a consensus target price of $24.00, suggesting a potential upside of 190.56%. As a group, “Plastics materials & resins” companies have a potential upside of 20.34%. Given PureCycle Technologies’ stronger consensus rating and higher possible upside, equities analysts clearly believe PureCycle Technologies is more favorable than its rivals.

Profitability

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 N/A -21.91% -11.08%
PureCycle Technologies Competitors 2.22% 15.54% 5.52%

Volatility and Risk

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

Summary

PureCycle Technologies rivals 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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