Critical Review: REE Automotive (REE) vs. Its Peers

REE Automotive (NASDAQ:REEGet Rating) is one of 63 public companies in the “Motor vehicles & car bodies” industry, but how does it contrast to its competitors? We will compare REE Automotive to similar businesses based on the strength of its profitability, institutional ownership, dividends, risk, valuation, analyst recommendations and earnings.

Profitability

This table compares REE Automotive and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
REE Automotive N/A -209.95% -183.48%
REE Automotive Competitors -12,601.68% -7.44% -1.32%

Valuation & Earnings

This table compares REE Automotive and its competitors revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
REE Automotive $10,000.00 -$505.33 million -0.81
REE Automotive Competitors $44.91 billion $3.11 billion 67.41

REE Automotive’s competitors have higher revenue and earnings than REE Automotive. REE Automotive 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.

Analyst Recommendations

This is a summary of recent recommendations for REE Automotive and its competitors, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
REE Automotive 2 0 3 0 2.20
REE Automotive Competitors 1069 2620 3026 165 2.33

REE Automotive currently has a consensus target price of $7.17, indicating a potential upside of 347.92%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 53.25%. Given REE Automotive’s higher probable upside, equities research analysts clearly believe REE Automotive is more favorable than its competitors.

Volatility and Risk

REE Automotive has a beta of 1.2, suggesting that its share price is 20% more volatile than the S&P 500. Comparatively, REE Automotive’s competitors have a beta of 1.56, suggesting that their average share price is 56% more volatile than the S&P 500.

Insider & Institutional Ownership

23.7% of REE Automotive shares are owned by institutional investors. Comparatively, 52.7% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 6.0% of REE Automotive shares are owned by company insiders. Comparatively, 9.5% of shares of all “Motor vehicles & car bodies” 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.

Summary

REE Automotive competitors beat REE Automotive on 10 of the 13 factors compared.

REE Automotive Company Profile (Get Rating)

REE Automotive Ltd. operates in the e-mobility business. The company develops REEcorner technology, which integrates vehicle drive components, including steering, braking, suspension, powertrain, and control into the arch of the wheel. The company also develops REEboard, a flat and modular EV chassis. The company is headquartered in Herzliya, Israel.

Receive News & Ratings for REE Automotive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for REE Automotive and related companies with MarketBeat.com's FREE daily email newsletter.