Reviewing PureCycle Technologies (PCT) & Its Peers

PureCycle Technologies (NYSE:PCTGet 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 related businesses based on the strength of its risk, earnings, valuation, institutional ownership, profitability, analyst recommendations and dividends.

Analyst Ratings

This is a breakdown of recent ratings and target prices for PureCycle Technologies and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PureCycle Technologies 0 0 5 0 3.00
PureCycle Technologies Competitors 212 1086 1429 50 2.47

PureCycle Technologies presently has a consensus target price of $24.00, suggesting a potential upside of 208.88%. As a group, “Plastics materials & resins” companies have a potential upside of 20.07%. Given PureCycle Technologies’ stronger consensus rating and higher probable upside, equities analysts plainly believe PureCycle Technologies is more favorable than its peers.

Volatility and 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.

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

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 2.22% 15.54% 5.52%

Valuation and Earnings

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

Gross Revenue Net Income Price/Earnings Ratio
PureCycle Technologies N/A -$77.50 million -7.47
PureCycle Technologies Competitors $14.34 billion $1.38 billion 42.80

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.

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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